On February 2, CNBC reports that Uber has announced it will be acquiring the popular alcohol delivery service app Drizly for $1.1 billion USD in stock and cash.
Tag Archives: UBER
JAY-Z Becomes First Billionaire Rapper
JAY-Z has amassed a fortune that amounts to $1 billion, but how did he get there? Continue reading JAY-Z Becomes First Billionaire Rapper
More Than Half of America’s Billion-Dollar Startups Have Immigrant Founders
If it weren’t for immigrant entrepreneurs, many of America’s most valuable startups–names like Uber, WeWork, and SpaceX–would not exist.
Continue reading More Than Half of America’s Billion-Dollar Startups Have Immigrant Founders
Warren Buffett reportedly tried to invest $3 billion in Uber
The legendary investor Warren Buffett tried to buy a $3 billion stake in Uber earlier this year through his company, Berkshire Hathaway, Bloomberg News’ Eric Newcomer and Olivia Zaleski reported Wednesday. Continue reading Warren Buffett reportedly tried to invest $3 billion in Uber
Sprint CEO to join Uber’s board of directors
SoftBank has more than just a large stake in Uber — it’ll soon have some direct control as well. Recode sources understand that Sprint CEO Marcelo Claure is taking one of SoftBank’s two slots on Uber’s board of directors in the “next few weeks.” The other slot is reportedly slated to go to Rajeev Misra, the leader of the SoftBank Vision Fund that took charge of the Uber deal. Neither Uber nor SoftBank has commented on the apparent scoop.
Continue reading Sprint CEO to join Uber’s board of directors
Uber Employees May Use Secret Tools To Target Drivers And Undercut Competition
Three years ago, ride-hailing giant Uber came under investigation for a tool called “God View” that allowed employees to track drivers and customers in real-time. Uber has since scaled that ability back, but Jalopnik has learned the company still deploys a revamped version of it, along with other secret internal tools, to target its drivers who also work for competitors.
Continue reading Uber Employees May Use Secret Tools To Target Drivers And Undercut Competition
HOW THE GOVERNMENT IS MAKING WAY FOR SELF-DRIVING CARS
Driverless cars are moving fast. Google and Lyft flash us their self-driving-car schemes, and Uber has already put robo-cabs to work in Pittsburgh. But if autonomous cars are going to chauffeur us, we need to regulate them.
Continue reading HOW THE GOVERNMENT IS MAKING WAY FOR SELF-DRIVING CARS