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: Uber loses key legal fight, which could hurt its business model in the U.K. and hit gig-economy companies
Uber lost a key court ruling on Friday, which could hurt its business model in one of its biggest international markets......»»
Mark Zuckerberg Says Apple One Of Facebook"s Biggest Competitors Now
Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg said that Apple Inc (NASDAQ: AAPL) has emerged as a potent competitor to the social networking giant. read more.....»»
TikTok rival Kuaishou aims to raise $5.4 billion in what could be the biggest tech IPO since Uber
The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. Kuaishou competes with ByteDance's TikTok Reuters/Florence Lo/Illu.....»»
Trump pardoned ex-Google engineer Anthony Levandowski, who faced 18 months in prison for stealing trade secrets before working for Uber
A judge described the case as 'the biggest trade secret crime' he had ever seen. Anthony Levandowski appears in court after being indicted on 33 counts.....»»
BT scraps dividend, invests in fibre as rivals agree merger
Britain's biggest telecoms group BT suspended its dividend and said it would spend billions more on faster fibre broadband connections, on the day two of its major competitors announced plans to merge......»»
California sues Uber, Lyft for misclassifying drivers as independent contractors
California and its biggest cities are suing ride-hailing giants Uber Technologies Inc. and Lyft Inc. for misclassifying their drivers as independent contractors instead of employees in violation of .....»»
Guggenheim CIO Sees S&P500 Falling As Low As 1,200
Guggenheim CIO Sees S&P500 Falling As Low As 1,200 With Morgan Stanley's (former) uber-bear Michael Wilson emerging recently as one of the biggest bulls on Wall Street, a power - or rather wildlife - vacuum emerged over the .....»»
SoftBank shares close down 17% in biggest one-day fall
Shares of SoftBank Group Corp closed down 17% on Thursday in their biggest one-day fall, hammered by investor scepticism over the outlook for tech bets, such as office sharing firm WeWork and ridehailer Uber ......»»
The Wall Street Journal: Uber, DoorDash and other gig-economy companies discuss fund for workers affected by coronavirus
The biggest ride-sharing and food-delivery companies in the U.S. are in talks to set up a fund to compensate drivers affected by the novel coronavirus, a step that highlights the pressure they face to provide workers with broader employment protections......»»
Uber open to using self-driving tech from competition: CEO
Uber Technologies Inc's self-driving unit is open to using technology from competitors in the industry, the company's chief executive said on Wednesday......»»
I"m a driver for Uber and Lyft — here are the 10 biggest mistakes I see passengers make
Clarke Bowman Uber and Lyft users frequently make mistakes that cost them both money and time. I know this firsthand — I've been driving for both companies for almost a year, a.....»»
Biggest Feuds in Sports History
Professional athletes are the ultimate competitors, doing everything they can to win. When hyper-competitive people are going up against each other night after night, they can get under each others........»»
How Uber drains carmaker profits in Latin America"s biggest market
Like many Uber drivers in Sao Paulo, the ride-hailing app's busiest city in the world, Augusto Caio Pereira does not actually own or lease the car he nudges through the city's notorious traffic jams every day......»»
Top 10 biggest IPOs: Only two US companies made the list
We have seen some big-ticket IPOs this year, including that of Uber. An initial public offering (IPO) is when a private company offers its stock... The post Top 10 biggest IPOs: Only two US companies made the list appeared first on ValueWalk......»»
Alibaba"s Hong Kong debut is the biggest IPO of 2019 – by far
Alibaba beat out Uber's record May IPO of $8.1 billion, raising $12.9 billion in a secondary listing in a city beset by recession and nearly six months of political unrest......»»
Uber"s Europe business is at risk after London revokes license
Uber Technologies Inc.’s biggest market in Europe is at risk after regulators revoked the ride-hailing service’s license to operate in London for the second time in less than three years, expressing safety concerns......»»
Uber shares hit after losing license to operate in London over safety fears
Major blow to the global ride-hailing app after being refused the right to operate in its biggest market in Europe, but Uber is likely to appeal the ruling and will continue to operate during any legal challenge......»»
Uber loses London license again but can keep driving for now
Uber has just suffered a significant setback in one of its biggest markets......»»
Uber just lost its license to operate in London thanks to fraudulent drivers
Richard Drew/AP Uber has lost its license to operate in London, one of its biggest markets globally wi.....»»
Just days to go, but Uber is in dark on its fate in London
Uber gets the final ruling on its London licence on Monday, with the app potentially facing exclusion from one of its biggest markets. Julian Satterthwaite reports......»»