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Uber customers paid more than $6 billion in cash last year, and accounting for it isn’t easy

Uber says it’s a technology platform but the company accepts cash, a dangerous low-tech way to boost revenue in Brazil and some other foreign locations ......»»

Category: topSource: marketwatchAug 16th, 2019

Uber customers paid more than $6 billion in cash in one year

Uber customers have paid over 6 billion dollars in cash. Veuer’s Natasha Abellard has the story......»»

Category: topSource: moneycentralAug 19th, 2019

Chase Freedom Unlimited, Citi Double Cash top list of best cash back credit cards

Cash back credit cards, if paid off in full each month, can net you hundreds of dollars a year. But with so many options, from one-time bonuses to quarterly rewards, it's easy to get overwhelmed.       &#.....»»

Category: topSource: usatodayJun 2nd, 2018

Sony Paid $2.3 Billion for That Huge Guidance Boost

A non-cash accounting adjustment was a big contributor to its more optimistic outlook......»»

Category: topSource: washpostOct 30th, 2018

Sprint parent"s $100B Vision Fund could run out of cash in less than two years

SoftBank Group Corp.'s nearly $100 billion Vision Fund could run out of cash in a year and a half, The Wall Street Journal reports.  The fund, which has invested in companies such as Uber Technologies Inc. and WeWork Cos. LLC, has burned through abou.....»»

Category: topSource: bizjournalsFeb 7th, 2019

PG&E Declines San Francisco Bid, Preferring Bankruptcy to Municipal Ownership

PG&E has rejected two offers to purchase assets as part of its bankruptcy restructuring. One of the offers, from the city of San Francisco, would have paid $2.5 billion in cash for the company's........»»

Category: blogSource: 247wallstSep 9th, 2019

Amgen to buy Celgene psoriasis drug Otezla for $13.4 billion

Amgen Inc will buy Celgene Corp's psoriasis drug Otezla for $13.4 billion in cash, clearing the way for Bristol-Myers Squibb to go ahead with its $74 billion deal for Celgene by the end of the year......»»

Category: topSource: reutersAug 26th, 2019

Xiaomi reports strong sales for 1H19

Xiaomi has reported that its sales grew 20% on year to CNY95.7 billion (US$13.53 billion) in the first half of 2019, with overseas handset revenues accounting for 40% of total sales......»»

Category: topSource: digitimesAug 22nd, 2019

Japanese auto tech manufacturer Denso opens Seattle "innovation lab"

The company – which recently joined Toyota and SoftBank in a $1 billion investment in Uber's self-driving car unit – confirmed its opened a Seattle office about a year after the Business Journal first reported on the search......»»

Category: topSource: bizjournalsAug 9th, 2019

Kraft Heinz withdraws outlook after dismal results

Kraft Heinz Co reported weak sales on Thursday, prompting the maker of packaged foods to write down the value of several business units by more than $1 billion and drop its full-year forecast as it struggles to lure back customers......»»

Category: topSource: reutersAug 8th, 2019

Boeing"s grounded planes could cost GE $1.4B this year

General Electric Co. stands to take an estimated $1.4 billion hit to its cash flow this year if Boeing Co.’s troubled 737 MAX planes, which feature engines made by a GE joint venture, remain grounded through the rest of 2019. Still, even though.....»»

Category: topSource: bizjournalsAug 7th, 2019

Read the pitch deck that Uber founder Garrett Camp created for the ride-hailing giant back in 2008 – before the company became the $120 billion giant it is today (UBER)

It's a big year for Uber. The first name in ride-hailing had a ton of hype around it for the first half of 2019 thanks to its IPO. And though the $8 billion valuation fell well short of specul.....»»

Category: topSource: businessinsiderJul 27th, 2019

Intel reports 2Q19 financial results

Intel has reported second-quarter 2019 financial results, generating approximately US$7.6 billion in cash from operations, paid dividends of US$1.4 billion and used US$3 billion to repurchase 67 million shares of stock......»»

Category: topSource: digitimesJul 26th, 2019

Limited Time Offer – 623% Annualized Return In Buffett Style Small Caps

Warren Buffett has said that even today, he could earn 50% or more a year if he had less money. As strange as it may seem, having more than $110 billion of cash to invest at Berkshire Hathaway is actually […] The post Limited T.....»»

Category: blogSource: valuewalkJul 15th, 2019

Elon Musk got "paid" $2.3 billion last year but actually earned $0

The pay calculation comes from SEC rules on CEO compensation reporting, as opposed to the actual value realized by executives in any given year......»»

Category: topSource: moneycentralJun 11th, 2019

Paid Off Your Car? Here Are Some Ways You Can Invest The Extra Cash

If you’re reading this, you either have or are about to pay off your car debt. This is no easy feat, and it’s an accomplishment you should be proud of. read more.....»»

Category: blogSource: benzingaMay 31st, 2019

Uber Reports Record Cash Burn, $1 Billion Loss In First Quarter As Public Company

In its highly anticipated first quarterly report as a public company, Uber Technologies reported a $1.034 billion loss from operations, more th.....»»

Category: blogSource: zerohedgeMay 30th, 2019

Jaguar, Where’d That Extra $1 Billion Come From?

The company reported a big boost to its free cash flow in the latest quarter thanks to clever accounting. It isn’t sustainable......»»

Category: topSource: washpostMay 29th, 2019

This Year’s Tech IPOs Are Raising an Average of $2.2 Billion

Welcome to the year of the giant tech IPO. A cavalcade of so-called unicorns, privately held companies valued at $1 billion or more, is galloping toward supersize initial public offerings. Uber alone raised $8.1 billion in its May debut. .....»»

Category: europeSource: fortuneMay 20th, 2019

Uber hits the skids in rocky stock market debut

Shares of Uber ended their first day of trading with a rare drop of 7.6% as investors questioned the value of a company that's lost $8 billion since it created the ride-sharing industry and a stock debut during the worst week for global stocks this year......»»

Category: videoSource: reutersMay 10th, 2019

SoftBank Group unveils stock split, rakes in $3.8 billion gain on Uber stake

Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a $3.8 billion valuation gain on its stake in Uber......»»

Category: topSource: reutersMay 9th, 2019