“Oh my god.” Wheel of Fortune Today in clueless rich guys, we have Uber CEO Dara Khosrowshahi, who was stunned to learn how much it costs to take a three-mile ride in New York City using his company’s app. In a wide-ranging interview with Wired, Khosrowshahi was veritably stunned when the reporter questioning him asked if… Continue reading Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride
Tag: Uber
Endor Labs Raises $70M in Series A Funding
Endor Labs, a Palo Alto, CA-based creator of the code and pipeline governance platform, raised $70M in Series A financing. Backers in the round, which included $22M converted to equity from the previous round, included Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and over 30 CEOs, CISOs, and CTOs. Arif Janmohamed of Lightspeed, Sri Viswanath of Coatue… Continue reading Endor Labs Raises $70M in Series A Funding
Transport service provider: Uber creates first operating profit
Since it was founded in 2009, Uber has always made operating losses. Now the travel agent wants to make a profit on a permanent basis. (Above, stock exchange) Go to Source
Clean Technica: Revel All-Electric Tesla Rideshare Service Passes One Million Rides, 300 EVs, 1000 Drivers002928
Revel, the all-electric rideshare service based in New York, just celebrated its one millionth ride since the service rolled out in New York City just two years ago. Who was the lucky passenger to take that millionth ride? None other than New York Senator and Senate Majority Leader Chuck Schumer. Schumer took the opportunity to… Continue reading Clean Technica: Revel All-Electric Tesla Rideshare Service Passes One Million Rides, 300 EVs, 1000 Drivers002928
MrBeast sues his fast food chain for selling ‘inedible’ burgers
The YouTube star says MrBeast Burger hurt his brand. YouTube star MrBeast (aka Jimmy Donaldson) may be as well known for his collaborations as he is his videos, but one of those partnerships is souring quickly. Bloomberg reports the creator is suing Virtual Dining Concepts, the “ghost kitchen” (a food service that operates from other… Continue reading MrBeast sues his fast food chain for selling ‘inedible’ burgers
Uber reports first quarterly operating profit in Q2 2023 results
Uber has reported an operating profit during a fiscal quarter for the first time in its history. The company reported its second-quarter earnings for 2023 [PDF] on Tuesday morning, which included a net income of $394 million for the quarter, up $1.0 billion year-over-year and $588 million versus the preceding quarter. The company attributed its… Continue reading Uber reports first quarterly operating profit in Q2 2023 results
US investment firm Vanguard cuts Ola’s valuation further to USD 3.5 billion
The latest filing reflected Ola’s valuation as of May 31 in the investor’s books. Crossover funds, which invest both in publicly-traded and privately-held companies, periodically review the valuation of their portfolio companies. Funds operated by US-based investment major Vanguard Group have cut the value of their holdings in ANI Technologies, the parent firm of ride-hailing… Continue reading US investment firm Vanguard cuts Ola’s valuation further to USD 3.5 billion
Friday Morning Auto News, Jul 28, 2023: Tesla’s secret team suppresses thousands of driving range complaints. Aston Martin appoints Geely CEO to board…
Ford recalls more than 870,000 F-150 pickups for unexpected parking brake activation – Automotive News Jeep Girl Mafia’s retail chain partnership opens doors for women Jeep owners – Automotive News Fiat was best-selling Stellantis brand in first half of 2023 – Autocar A marathon, not sprint: Mercedes -Benz CEO outlines challenges in shift to EVs… Continue reading Friday Morning Auto News, Jul 28, 2023: Tesla’s secret team suppresses thousands of driving range complaints. Aston Martin appoints Geely CEO to board…
Global Unmanned Traffic Management Market to Reach $3.3 Billion by 2030: Imposition of Stricter Regulations Provides Regulatory Driven Stability to Growth
DUBLIN, Aug. 1, 2023 /PRNewswire/ — The “Unmanned Traffic Management (UTM): Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Unmanned Traffic Management (UTM) estimated at US$791.2 Million in the year 2022, is projected to reach a revised size of US$3.3 Billion by 2030, growing at a CAGR of 19.4%… Continue reading Global Unmanned Traffic Management Market to Reach $3.3 Billion by 2030: Imposition of Stricter Regulations Provides Regulatory Driven Stability to Growth
Asia-Pacific Shared Mobility (Shared, Rental) Markets, 2023-2030: Increasing Traffic Congestion and Pollution to Support Market Growth
DUBLIN, Aug. 1, 2023 /PRNewswire/ — The “Asia-Pacific Shared Mobility Market By Service Type (Shared, Rental), By Vehicle Type (Two-Wheeler, Passenger Car, Commercial Vehicles), By Booking Type (Online, Offline), By Commute Type (Inter-City, Intra-City) By Country, Competition, Forecast & Opportunities, 2018- 2030F” report has been added to ResearchAndMarkets.com’s offering. Asia-Pacific Shared Mobility Market is anticipated to… Continue reading Asia-Pacific Shared Mobility (Shared, Rental) Markets, 2023-2030: Increasing Traffic Congestion and Pollution to Support Market Growth