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March 5, 2021

Uber Technologies Inc

Ride-sharing stocks a rare bright spot in otherwise miserable day for tech

CNBC
CNBC – For more and to sign up click here A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Ride-sharing stocks closed Wednesday as a rare bright spot for tech stocks in......

Coinbase and Roblox take a page from Google, keeping marketing costs way down ahead of public debuts

CNBC
CNBC – For more and to sign up click here Welcome to Bloxburg Roblox Cryptocurrency exchange Coinbase and gaming app Roblox are both getting set to go public through a direct listing of their shares. They have something else in common that’s likely to prove very attractive to investors: Brand......

Gig companies prepare to bring their fight for independent work nationwide under a more skeptical Biden administration

CNBC
CNBC – For more and to sign up click here A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020. Michael Nagle | Bloomberg | Getty Images Still fresh off of a landmark victory in California, companies like DoorDash, Instacart, Lyft and Uber......

Biden administration taps private companies, business groups for help in Covid fight

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CNBC – For more and to sign up click here US President Joe Biden speaks about the 50 million doses of the Covid-19 vaccine shot administered in the US during an event commemorating the milestone in the Eisenhower Executive Office Building in Washington, DC, February 25, 2021. Saul Loeb |......

Doordash stock falls after company drops first earnings report since going public

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CNBC – For more and to sign up click here Tony Xu, co-founder and chief executive officer of DoorDash Inc., smiles during the Wall Street Journal Tech Live conference in Laguna Beach, California, U.S., on Tuesday, Oct. 22, 2019. Martina Albertazzi | Bloomberg | Getty Images DoorDash reported its Q4......

Gen Z and millennials seeking flexibility are changing corporate America, Upwork CEO says

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CNBC – For more and to sign up click here Freelance contractor Upwork had its best growth year as a public company last year and CEO Hayden Brown sees no sign of momentum that started before the coronavirus pandemic slowing down when the economy reopens. Younger workers, scarred by a......

The tech industry is looking to replace the smartphone — and everybody is waiting to see what Apple comes up with

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CNBC – For more and to sign up click here Tim Cook (left) and Steve Jobs in 2010. Kimberly White | Getty Images In 2007, Apple unveiled the iPhone. Apple didn’t invent the smartphone — companies like Palm and Blackberry had been selling them for years. But the iPhone introduced......

Uber drivers should be classified as workers not independent contractors, top UK court rules

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CNBC – For more and to sign up click here A driver uses the Uber app to drop off a passenger in London. Chris J. Ratcliffe | Bloomberg via Getty Images LONDON — Uber lost a crucial legal fight in the U.K. on Friday, as the country’s Supreme Court upheld......

Gary Vaynerchuk says GameStop frenzy was just the beginning of investing in the digital age

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CNBC – For more and to sign up click here CEO & Co-Founder Vaynermedia Gary Vaynerchuk speaks at the Brand U Event at Nasdaq MarketSite. Roy Rochlin | Getty Images The newfound influence of Reddit users on the stock market is just a microcosm of what’s to come in the......

Bitcoin surpasses $50,000 for first time as major companies jump into crypto

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CNBC – For more and to sign up click here Bitcoin’s price broke above $50,000 for the first time in history Tuesday, continuing its blistering rally as major companies appear to be warming to cryptocurrencies. The world’s largest digital currency by market value rose more than 3% to an all-time......

Uber proposes California-style gig work reforms in Europe

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CNBC – For more and to sign up click here Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images LONDON — Uber called on the European Union to introduce a framework for gig economy......

Why one big Wall Street banker is betting flying taxis will replace helicopters

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CNBC – For more and to sign up click here Archer Air Source: Archer Air The current bull market in stocks has fueled concerns about speculation in too many offerings and unproven technologies, but don’t include flying taxis, according to Wall Street investment banker Ken Moelis. Flying taxis — formally......

Covid vaccine rollout gives CVS, Walgreens a chance to bring health care to communities of color

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CNBC – For more and to sign up click here Dr. Virginia Banks, an infectious disease specialist, is part of a group of Black physicians and scientists who are focused on ways to solve health-care disparities. Dr. Virginia Banks Dr. Virginia Banks says if the U.S. really wants to bring......

PayPal CFO says company is unlikely to invest cash in cryptocurrencies

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CNBC – For more and to sign up click here PayPal is not likely to buy digital currencies like bitcoin, though the company does see immense opportunity in the digital wallet space. In an appearance on CNBC’s “Mad Money” Thursday, PayPal Chief Financial Officer John Rainey said the payments giant......

Uber won’t buy bitcoin with its cash but would consider accepting it as payment, CEO says

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CNBC – For more and to sign up click here Uber CEO Dara Khosrowshahi told CNBC on Thursday the company discussed but “quickly dismissed” the idea of buying bitcoin with corporate cash like Telsa. However, Khosrowshahi said Uber would consider accepting cryptocurrencies as payment. The comments come after Tesla announced......

Uber losses narrow as delivery growth outpaces fall in ride-sharing

CNBC
CNBC – For more and to sign up click here Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Ride-hailing and delivery company Uber‘s stock fell slightly after the bell on Wednesday as the company delivered mixed fourth-quarter earnings results. Here’s how Uber did versus expectations: Loss: 54 cents......

Stock futures flat after equities snap six-day winning streak

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CNBC – For more and to sign up click here U.S. stock were flat in overnight trading on Tuesday following the regular session that snapped a six-day winning streak on Wall Street. Dow futures rose 25 points. S&P 500 futures gained 0.12% and Nasdaq 100 futures rose 0.1%. Better-than-expected earnings......

Lyft reports signs of pandemic recovery, but losses still mount

CNBC
CNBC – For more and to sign up click here A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S.,......

Here are all the Super Bowl ads that have been released so far

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CNBC – For more and to sign up click here Cheetos’ Super Bowl ad will feature a snack-themed rendition of Shaggy’s “It Wasn’t Me.” Frito-Lay This year’s Super Bowl will be an extravaganza of first-time Super Bowl advertisers. Super Bowl mainstay ads for such products as Pepsi, Coke and Budweiser......

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