67.05 F
New York
June 12, 2021

Uber Technologies Inc

TaskUs founders’ path to Nasdaq started with high school parties and a yogurt venture in Argentina

CNBC
CNBC – For more and to sign up click here TaskUs co-founders Bryce Maddock (left) and Jaspar Weir TaskUs For Bryce Maddock and Jaspar Weir, the journey to the Nasdaq started in high school in southern California, continued through an entertainment venture for high-school kids and a failed yogurt business......

Ride-hailing giant Didi wants to be more than just the Uber of China

CNBC
CNBC – For more and to sign up click here A user opens the Didi Chuxing ride-hailing smartphone app in Shanghai, China, on Sept. 18, 2020. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s version of Uber, Didi Chuxing, is trying to use car travel as a way......

Chinese ride-sharing giant Didi files to go public, earned a small profit last quarter on $6.4 billion in revenue

CNBC
CNBC – For more and to sign up click here A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Chinese ride-hailing giant Didi Chuxing on Thursday filed to go public in what could be one......

Salesforce CEO Marc Benioff expects more than half of employees to work from home after the pandemic: ‘The past is gone’

CNBC
CNBC – For more and to sign up click here Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Salesforce CEO Marc Benioff said on......

How software got so noisy, and why it’s probably going to stay that way

CNBC
CNBC – For more and to sign up click here The wife of the photographer works in home office during the coronavirus pandemic on March 01, 2021 in Berlin, Germany. German authorities have confirmed the country has entered a third wave of the pandemic due to the spread of the......

Tech companies made big pledges to fight racism last year — here’s how they’re doing so far

CNBC
CNBC – For more and to sign up click here Demonstrators gather at the Lincoln Memorial during a protest against police brutality and racism on June 6, 2020 in Washington, DC. Win McNamee Last June, social media feeds became flooded with corporate statements about how companies would promote racial equity......

Driving weedshare: Uber and the hazy economics of delivering cannabis

CNBC
CNBC – For more and to sign up click here A billboard advertising the marijuana delivery service Eaze on July 12, 2018 in Los Angeles, California. Marijuana delivery has attracted interest from companies as big as Uber, but a combination of low margins, and legislative, regulatory and banking restrictions, make......

Why battery swapping may finally become a part of EV charging infrastructure in the U.S.

CNBC
CNBC – For more and to sign up click here San Francisco-based Ample has brought electric vehicle battery swapping to the U.S. The company was in stealth mode for seven years before launching recently with five swapping stations in the Bay Area. Uber drivers in the area are Ample’s first......

Health-tech company Doximity files for IPO and says doctors will get up to 15% allocation

CNBC
CNBC – For more and to sign up click here Uber offered it to drivers. Airbnb did it for hosts. Now Doximity is providing it to doctors, but in a much bigger way. In its IPO prospectus on Friday, health-tech company Doximity, which is often described as the LinkedIn for......

Uber CEO is ‘not happy’ with how long it’s taking to pick riders up or prices being charged

CNBC
CNBC – For more and to sign up click here Uber Technologies CEO Dara Khosrowshahi outside the New York Stock Exchange ahead of the company’s IPO, May 10, 2019. Uber CEO Dara Khosrowshahi said Tuesday afternoon that while driver supply is getting better as more people get vaccinated against the......

More than 130 million Americans are fully vaccinated as average daily Covid cases dip below 25,000

CNBC
CNBC – For more and to sign up click here Maryland National Guard Brigadier General Janeen Birckhead visits with a woman as she receives her Moderna coronavirus vaccine from Specialist James Truong (L) at CASA de Maryland’s Wheaton Welcome Center on May 21, 2021 in Wheaton, Maryland. Chip Somodevilla |......

Nine states have 70% of adults at least partially vaccinated against Covid as U.S. cases, deaths fall further

CNBC
CNBC – For more and to sign up click here A woman receives a shot of Johnson & Johnson Covid-19 vaccine at a pop-up vaccination center at the beach, in South Beach, Florida, on May 9, 2021. Eva Marie Uzcategui | AFP | Getty Images Nine states now have 70%......

Goldman Sachs hires Uber tech executive to run consumer bank after string of defections

CNBC
CNBC – For more and to sign up click here A Goldman Sachs logo is seen displayed on a smartphone screen. Omar Marques | SOPA Images | LightRocket | Getty Images Goldman Sachs has a new head for its retail banking division. The firm lured Peeyush Nahar, an Uber technology executive......

San Francisco tech companies are sitting on record amounts of empty space and offering perks to lure tenants

CNBC Real Estate
People wear protective face masks outside Salesforce Tower in New York City. Noam Galai | Getty Images Cloudera exited its downtown San Francisco office early last year with plans to sublease the space and move its employees south to the software company’s Silicon Valley headquarters. But the pandemic left the......

Cruise expects GM to begin production of new driverless vehicle in early 2023

CNBC
CNBC – For more and to sign up click here Cruise, a majority-owned autonomous vehicle subsidiary of General Motors, expects production of its driverless shuttle called the Origin to begin in early 2023, CEO Dan Ammann said Thursday. The time frame given for the vehicle is the most detailed yet......

CDC says fully vaccinated people don’t need to wear face masks indoors or outdoors in most settings

CNBC
CNBC – For more and to sign up click here Fully vaccinated people no longer need to wear a face mask or stay 6 feet away from others in most settings, whether outdoors or indoors, the Centers for Disease Control and Prevention said in updated public health guidance released Thursday.......

SoftBank’s Masayoshi Son says he expects even more massive returns from his Vision Fund portfolio

CNBC
CNBC – For more and to sign up click here Off the heels of a blowout quarterly report, SoftBank CEO Masayoshi Son told CNBC’s Andrew Ross Sorkin that he expects to see even more exits from companies in the Vision Fund’s portfolio. “I want to create an ecosystem… where we......

Uber and Lyft will offer free rides to vaccination sites in White House partnership

CNBC
CNBC – For more and to sign up click here A Lyft logo is installed on a Lyft driver’s car next to an Uber sticker in Pittsburgh. Gene J. Puskar | AP Uber and Lyft will offer free rides to vaccination sites until July 4 as part of a new......

China’s ‘Uber for trucks’ could file for $30 billion U.S. IPO as early as this week

CNBC
CNBC – For more and to sign up click here Freight trucks and other vehicles travel on a highway in this aerial photograph taken in Shanghai, China, on Wednesday, March 25, 2020. Full Truck Alliance or Manbang looks to connect truck drivers to those looking to ship goods. Qilai Shen......

A top Jeff Bezos lieutenant learned a popular coding language right after leaving Amazon

CNBC
CNBC – For more and to sign up click here Jeff Wilke, former chief executive officer of worldwide consumer at Amazon. Bloomberg | Getty Images Jeff Wilke, a veteran Amazon executive and top lieutenant to Jeff Bezos, stepped away from the company in March. But he is keeping busy, learning......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More