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Uber Revenue Is Up 14 Percent, Despite Economic Fears

alishpagda08@gmail.com3 months ago05 mins

Uber appears to be powering through the tumult of the global economy, despite fears that consumers are skimping on rides and deliveries. The company said on Wednesday that it had $11.5 billion in revenue in its most recent quarter, up 14 percent from a year ago and slightly below Wall Street investors’ expectations. Its total…

Is Waymo Friend or Foe to Uber?

alishpagda08@gmail.com6 months ago011 mins

In 2020, Uber was at a crossroads: The company had made an expensive bet on robot taxis, but the project was laden with legal problems and burning through cash. So Uber gave it away to another start-up. But five years later, Uber’s future seems as tied to autonomous vehicles as ever. The company is now…