googlenews

How Uber changed Silicon Valley Financial TimesUber has never reported an annual operating profit, but it will join an elite group of Silicon Valley companies when it lists in New York next month. Valued at up ... https://www.google.com/news

Uber backs off talk of competing with public transit CNNWashington, DC (CNN) Uber updated its S-1 filing on Friday ahead of its IPO and largely eliminated references to competing with public transportation. https://www.google.com/news

'Our £70bn float will be a blockbuster', claims Uber boss (despite firm's long history of scandal) This is MoneyDara Khosrowshahi said the firm was the dominant player for smartphone taxi apps and is still just 'scratching the surface' with its fast-growing businesses in ... View the full article

Uber sets price range, Slack goes direct Financial TimesUber is to seek a valuation of up to $91.5bn in its forthcoming IPO, which is lower than its bankers had previously hoped for but still puts it on track to become ... https://www.google.com/news

Ahead of its IPO, Uber lost $1 billion in the first quarter Quartz Uber Is Losing More and More Money as Its IPO Nears Barron's Uber’s Plan to Lose Money on Each Transaction and Make It Up in Volume, Annotated New York Magazine PayPal makes a big marketplace play with its $500M investment in Uber TechCrunch Uber Aims for Valuation of Up to $91 Billion in I.P.O. The New York Times View full coverage on Google News View the full article

Things Got Weird for Stablecoin Tether BloombergYesterday evening, the Office of the Attorney General of New York State announced an absolutely bananas lawsuit against Bitfinex and Tether. Bitfinex is a ... View the full article

Uber Is Losing A Lot of Money as Its IPO Nears Barron'sUber Technologies disclosed wider losses in the first quarter as it scaled back the range of prices it expects to receive for stock in its widely anticipated IPO. View the full article

Uber aims for $90bn stock market debut BBC NewsThe taxi-app giant gives details of plans to join the stock market with shares estimated at $44-$50 each. https://www.google.com/news

DealBook Briefing: Uber Is Lowballing Its I.P.O. The New York TimesThe ride-hailing giant plans to disclose this morning that its I.P.O. could value it at $90 billion — less than it had told some investors to expect. https://www.google.com/news

Uber’s Deep Losses Will Make Investors Question Whether This Time Is Different BloombergPeople loved dot-com companies until they didn't. Then they loved credit default swaps until they blew up. Now they love cash-burning companies. View the full article

Uber's Plan to Lose Money on Every Ride and Make It Up in Volume, Annotated New York MagazineIn its S-1 filing — the big prospectus that tells potential investors in the initial public offering what they're getting into — Uber lays out a vision. It is not compelling. View the full article

Bonus for drivers as Uber seeks $90bn share sale value Sky NewsThe company looks to reward loyal drivers worldwide as it prepares to make its stock market debut after a rocky start for Lyft. https://www.google.com/news

Is Uber really worth $90bn? BBC NewsEverything about Uber is big. The taxi app and delivery business is America's biggest venture capital-backed company. It is forecast to raise $10bn ($7.6bn) ... https://www.google.com/news

Uber’s Deep Losses Will Make Investors Question Whether This Time Is Different BloombergPeople loved dot-com companies until they didn't. Then they loved credit default swaps until they blew up. Now they love cash-burning companies. https://www.google.com/news

Term Sheet April 25, Uber's IPO, Bitcoin Tether Woes, and Other Letters FortuneHappy Friday! Lucinda here filling in for the final (consecutive) time until Polina's return Monday. So please do begin sending deals back her way at ... View the full article

Cramer: Ford and Honeywell can withstand Uber's onslaught on the auto sector CNBC"The auto industry just isn't a bedrock part of this economy anymore, and very few companies saw this coming," Jim Cramer says. View the full article

Uber is convenient for city commuters — but bad for cities NBC NewsUber's impact on cities has been immense over its 10-year history. The ride-hailing app has gone from being a cheaper and easier black car *service* to a more ... View the full article

US Uber drivers plan 12-hour shutdown over pay and conditions BBC NewsUber drivers in seven US cities are planning protests to highlight what they claim are poor working conditions and low wages at the ride-hailing firm. The drivers ... https://www.google.com/news

Uber is convenient for city commuters — but bad for cities NBC NewsUber's impact on cities has been immense over its 10-year history. The ride-hailing app has gone from being a cheaper and easier black car *service* to a more ... https://www.google.com/news

Uber wants to compete with public transit. These experts are horrified CNNWashington, DC (CNN Business) Uber took down the taxi industry and now it wants a piece of public transit. That has transportation and urban planning experts ... https://www.google.com/news

This Estonian start-up has become a thorn in Uber's side The Irish TimesFounded by a 19 year-old college dropout, Bolt is an example of a troublesome trend for the world's largest ride-hailing company. View the full article

Uber drivers plan shutdown over 'poverty wages' as company goes public The GuardianDrivers will turn off apps in seven US cities on 8 May as collectives condemn IPO for lining executives' pockets. Kari Paul in San Francisco. Wed 24 Apr 2019 ... View the full article

Uber drivers plan shutdown over 'poverty wages' as company goes public The GuardianDrivers will turn off apps in seven US cities on 8 May as collectives condemn IPO for lining executives' pockets. Kari Paul in San Francisco. Wed 24 Apr 2019 ... https://www.google.com/news

Woman wants taxis to be safer after Uber driver asked her out while broken down Metro.co.ukAmanda Harris said an Uber driver said the ride was free when the car broke down for an hour. He asked her out to which she said no. View the full article

Woman wants taxis to be safer after Uber driver asked her out while broken down Metro.co.ukAmanda Harris said an Uber driver said the ride was free when the car broke down for an hour. He asked her out to which she said no. https://www.google.com/news