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We're All Killing Uber Just By Using It VICEUber lost another $5.2 billion this quarter and continues to lose money. For now, we're just getting subsidized rides from Silicon Valley investors. View the full article

Uber and Lyft rides could be getting more expensive Business TravellerUber and Lyft have been losing huge amounts of money, in part because they have been offering big discounts on rides as they battle for market share. View the full article

Reports: Uber Freezes Tech Staff Hiring in U.S. as Cash Hemorrhage Continues GizmodoRidesharing giant Uber, which has been burning through money faster than the Joker ($5.2 billion in the last quarter alone!), has suddenly frozen its hiring of ... View the full article

Here are the biggest risks Uber's facing, according to Wall Street analysts Business InsiderFrom not turning a profit, to being beat by competitors on self-driving cars, here's what's keeping Wall Street analysts up at night. View the full article

Here are the biggest risks Uber's facing, according to Wall Street analysts Business InsiderFrom not turning a profit, to being beat by competitors on self-driving cars, here's what's keeping Wall Street analysts up at night. https://www.google.com/news

Drunk man calls Uber for injured goldfinch The IndependentA man who saw a fledgling goldfinch fall from the sky called an Uber to take the injured bird to a rescue centre because he'd had too many drinks to drive ... https://www.google.com/news

A Financier’s End, and Uber Hits the Skids The New York TimesAlso: Barneys files for bankruptcy, and more of the week's top stories in business and tech. View the full article

Weekend Roundup: Uber, Lyft and rising prices | Trade war becomes a currency war | Making money on China MarketWatchAlso, Ed Yardeni takes 'Modern Monetary Theory' to task. View the full article

How the hell did Uber just lose $5 billion in three months? Wired.co.ukView the full article

How the hell did Uber just lose $5 billion in three months? Wired.co.ukCookie Notice. We use cookies to personalise *content* and ads, to provide social media features and to analyse our traffic. We also share information about your ... View the full article

How the hell did Uber just lose $5 billion in three months? Wired.co.ukCookie Notice. We use cookies to personalise *content* and ads, to provide social media features and to analyse our traffic. We also share information about your ... https://www.google.com/news

Officers Investigate Uber/Lyft Driver Scheme at Airport News 13ORLANDO, Fla. — Eight people were trespassed from Orlando International Airport property Friday after they were determined to be trying to bypass the ... View the full article

Uber lost $5.2 billion in 3 months. Here's where all that money went. Business InsiderA major chunk of that loss was because of two things: stock-based compensation and driver rewards, both stemming from the company's IPO in May. View the full article

'I'm Back to Riding My Own Bike.' Higher Prices Threaten Silicon Valley’s Mobility Revolution TIMEScooters, bikes and rides are getting more expensive as companies like Uber and Lyft look to start turning a profit. View the full article

Uber projected $8b in losses for 2019, but it just booked $5.2b in losses in a single quarter Boing BoingUber says it can be profitable someday: all it needs to do is corner the "total addressable market" for all transportation and food delivery, which will give it $12t in ... View the full article

Uber Stock Slides After It Lost More Money Than It Generated in Sales. Barron'sRide-hailing giant Uber Technologies did something unique when it reported second-quarter numbers Thursday evening: The company lost more money than it ... View the full article

Uber reports largest quarterly loss in their history CNNUber (UBER) said hat it lost $5.2 billion in the three months ending in June, its largest quarterly loss ever, fueled mostly by $3.9 billion in stock-based ... View the full article

Uber becomes modern art Financial TimesBack in September 2016, we cited a BCA report which questioned Uber's $62.5bn valuation, arguing its model was neither innovative or viable. Unfortunately ... View the full article

Uber loses $5bn, misses Wall Street targets despite easing price war The Irish TimesRevenue growth slows to $3.2bn as costs jump 147 per cent in the quarter to $8.65bn. View the full article

Uber moves into grocery deliveries as it posts $5bn loss Financial TimesUber is exploring a broad range of new food options for its delivery *service*, including groceries, as growth slows in its core ride-hailing business. Uber Eats was ... View the full article

Hashtag Trending – Carrier price drop; Uber losing money; Facebook being sued again ITBusiness.caCanadian mobile pricing is on the decline according to CRTC, Uber announces record loss, Facebook is facing another class-action lawsuit. That's all the tech. View the full article

'I'm Back to Riding My Own Bike.' Higher Prices Threaten Silicon Valley’s Mobility Revolution TIMEScooters, bikes and rides are getting more expensive as companies like Uber and Lyft look to start turning a profit. View the full article

Record loss sinks Uber as the online taxi firm ramps up spending on research This is MoneyThe results highlighted the mountain Uber must climb if it is to ever turn a profit - and sparked a rush for the exits by disillusioned investors. It compares with a ... View the full article

Uber's Q2 losses were bigger than total 2018 losses for all but three S&P 500 companies CNBCGeneral Electric, Kraft Heinz and Newell Brands are the only companies in the S&P 500 that lost more money last year than Uber's $5.2 billion Q2 deficit. View the full article

Uber sees biggest-ever quarterly loss: $5bn in three months The GuardianSecond earnings report shows worse-than-predicted losses and revenue growth. https://www.google.com/news