#UBER News

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Coinbase Foils Extortion Attempt, Reinforces Bug Bounty Program

coindesk.com A malicious actor emailed both Coinbase and CoinDesk earlier this month, claiming to have “dehashed” and “decrypted” sensitive data from 306 million Coinbase user accounts…

GM's Cruise plans to enter 'a large number of markets' in 2023 By Reuters

investing.com By Joseph White DETROIT (Reuters) - Cruise, General Motors Co (NYSE:GM)'s robotaxi unit, plans to enter a "large number of markets" and scale operations up to "thousands of…

Uber’s diversification strategy should be blueprint for travel and tourism industry: Leading IBM official

arabnews.com RIYADH: The travel and tourism sector should look to Uber to learn how to diversify, according to the Global Managing Director of IBM’s Travel and Transportation Industry…

Digits: FT-Ex, Prime Air, and more

thehustle.co 1) FT… Ex. The Miami Heat are ending their 19-year, $135m arena naming rights deal with bankrupt crypto exchange FTX, which also had lucrative deals with Tom Brady, the MLB,…

Twitter wants to charge users based on purchasing-power parity

economist.com Elon Musk plans to charge Twitter users $8 a month for a “verified” account, and to adjust the fee based on “purchasing-power parity”. How might that work? Think about what…

What went wrong with Snap, Netflix and Uber?

economist.com Despite superficial differences, digital darlings’ business models rest on the same shaky pillars When evan spiegel, boss of Snap, wrote in a leaked memo that the…

Why economists are flocking to Silicon Valley

economist.com For the dismal scientists pay is a factor, says John List, a professor at the University of Chicago who has worked at Uber and Lyft. But tech companies also offer many of…

There’s another reason Elon Musk is so obsessed with Tim Cook and Apple

fortune.com There’s another reason Elon Musk is so obsessed with Tim Cook and Apple—and it’s not about advertising money On Monday, in a series of tweets, Musk claimed Apple has “mostly…

Uber driver shot by passenger after drop-off location argument: Police

newsweek.com An Uber driver was allegedly shot by a passenger after the two got into an argument, according to Texas police. The man was shot on Quitman Street, near the Eastex Freeway…

Uber turns to police as hacker breaches computer network

euronews.com Uber said on Friday it was responding to a cybersecurity incident after a hacker apparently breached its network. The New York Times reported that Uber had discovered the…

Is dLocal a Sell After This Short-Seller's Report?

fool.com On Nov. 16, Muddy Waters Capital disclosed a short position in dLocal (DLO -7.83%). When you short a stock, you're betting against it, and you make money when the stock…

Snap employees to work from office starting February By Reuters

investing.com (Reuters) - Snap Inc (NYSE:SNAP) will require 80% of its employees to return to office from end-February, a company spokesperson told Reuters on Monday. "After working…

Snap employees to work from office starting February

reuters.com Nov 28 (Reuters) - Snap Inc (SNAP.N) will require 80% of its employees to return to office from end-February, a company spokesperson told Reuters on Monday. "After working…

Dozens of delays plague one of the busiest travel days of the year

wral.com It means many people went home after celebrating the beloved holiday with family and friends. Sunday was busy at RDU, but long TSA lines and dozens of delays meant travelers…

Hedge funds and C-suites weekly: Bob Iger's return to Disney By Investing.com

investing.com Here is your weekly roundup of the biggest news out of hedge funds and company top brass, all first covered on InvestingPro+. Microsoft (NASDAQ:MSFT) is the most frequent…

Lyft Earnings Call Results

forbes.com Key Takeaways - Lyft’s stock price dropped despite announcing record revenue as investors continue to sell off companies that even slightly miss earnings. - Lyft has…

These Young Workers Are ‘Romanticizing’ the Return to Office

nytimes.com Meena Kirupakaran didn’t think there was anything especially exciting about her job in publishing. She had an hourlong commute each way, including a 40-minute train ride.…

Uber abandons its growth-at-all-cost strategy in Pakistan

restofworld.org After six years of jostling with local competition and aggressive expansion, Uber seems to be finally abandoning its growth-at-all-cost strategy, and is shifting gears in…

This Key Advantage Makes Uber the Gig-Economy Stock to Own

fool.com Uber (UBER -1.01%) has fully recovered from the COVID-19 pandemic. However, the same cannot be said of its chief rival, Lyft. The two ride-sharing companies reported…

Ripple CTO Says Bitcoin Doesn't Deliver on Its Main Pitch

u.today David Schwartz, chief technology officer at blockchain company Ripple, has opined that Bitcoin has failed to deliver on its main pitch of being your own bank. His criticism…

Microsoft overtakes Amazon as most popular hedge fund bet: Goldman Sachs

yahoo.com Wall Street's fast money has a new favorite bet. Microsoft (MSFT) has replaced Amazon (AMZN) as the most popular top 10 holding among hedge funds, strategists at Goldman…

Uber under pressure to identity white passenger who called driver 'slave'

newsweek.com A video of a woman launching racist abuse at an Uber driver has gone viral on Twitter and sparked calls for Uber to identify the perpetrator. The video, which was posted on…

Uber's polarizing surge pricing is coming for your food deliveries

businessinsider.com Kevin Novak, an early Uber data scientist, is an investor in the dynamic-pricing startup Sauce. Kevin Novak The food-tech startup Sauce allows restaurants to use dynamic…

4 rumors driving trading action today By Investing.com

investing.com By Investing.com Staff Stocks had another solid day in the green Wednesday as the Fed minutes from the November meeting showed a "substantial majority" of policymakers…

Uber, delivery apps propose offering Mexico drivers social security benefits By Reuters

investing.com MEXICO CITY (Reuters) - Tech giant Uber (NYSE:UBER) and delivery apps DiDi and Rappi have proposed offering social security benefits to workers in Mexico for the first time…

Kering confirms departure of Gucci creative director Alessandro Michele By Reuters

investing.com PARIS (Reuters) - French luxury goods company Kering (EPA:PRTP) confirmed on Wednesday the departure of Gucci creative director Alessandro Michele. "There are times when…

Uber, delivery apps propose offering Mexico drivers social security benefits

reuters.com MEXICO CITY, Nov 23 (Reuters) - Tech giant Uber (UBER.N) and delivery apps DiDi and Rappi have proposed offering social security benefits to workers in Mexico for the first…

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