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...At Uber, this is high at $1.9bn last year....
...Some drivers told Samii they had taken up their own cases with Uber and benefited financially, but Samii didn’t have the money or the appetite to take Uber to court....
...Letter in response to this article:Uber buyback reflects a confidence its best days are yet to come / From Dara Khosrowshahi, Chief Executive, Uber Technologies, San Francisco, CA, US...
...Dara Khosrowshahi of Uber responds We’ve argued that Uber’s plan to steadily buy back shares is a bad idea: one should only buy back shares in a price-dependent way, and Uber is growing so fast that it...
...But Uber shareholders should be aware of their scale....
...Uber’s former chief financial, operating and technology officers lost their rights to options over a collective 2mn shares that were also tied to the $120bn threshold, because all three left the business...
...Uber’s shares rose about 1 per cent by midday trading in New York....
...Camiel Irving, vice-president of Uber’s operations in the US and Canada, said Uber was working on its relationships with regulators as it sought to address worker rights concerns....
...Neither Uber nor Airbnb have matched the runaway Nasdaq. But watching household habits certainly pays; even Lynch rued — many years later — missing a trick....
...The news sent Uber’s shares up 14.4 per cent in New York on Wednesday to a new high of $79.15....
...(Ethan Wu) A reply to Uber’s Dara Khosrowshahi Regular readers will recall that I recently wrote several disapproving things about Uber’s buyback plan....
...Labour leader Sir Keir Starmer is set to announce the party is abandoning its target to spend £28bn a year on green investment, Uber has reported its first annual operating profit, and the far-right winner...
...Uber’s coincided with a strike by drivers seeking better working conditions. Reddit’s follows user backlash at the company’s decision to charge for access to its data....
...Even Uber’s is just 3.4 per cent....
...for full-self-driving will reveal the similarities between Tesla and AWS, Amazon’s cloud-computing cash cow, he said, later adding that we should “think of [Tesla’s fleet] as a combination of Airbnb and Uber...
...That requires a large customer base, hence Tesla’s transition from high-end, six-figure vehicles to more affordable models and deals with Uber and Hertz....
...Uber successfully challenged those decisions in court. TfL granted Uber a new 30-month licence in February 2022....
...Uber’s buyback plan: what’s the return? Some days ago I argued Uber’s share buyback plan only makes sense if its stock is cheap. Otherwise, it would be better to do something else with the money....
...That’s a wildly imperfect comparison, but it’s close enough to show that 15 years into its existence, Uber’s profits still look nothing like a technology company’s (Alphabet and Meta’s returns are close...
...Early estimates by the European Commission said the regulations would push up prices for services from companies such as Uber and Bolt by 40 per cent....
...The company has invested millions of dollars to attract new drivers to its platform but has failed to significantly narrow the gap with Uber on the number of users....
...More importantly, Trump Media & Technology Group rose another 14 per cent, right after we wrote that it looked a bit overvalued. Unhedged’s record as a contrarian indicator remains spotless....
...When Uber announced its first buyback programme last month, the share price rose 15 per cent. The DoJ case takes aim elsewhere, of course....
...Nasdaq has historically dominated the market for tech listings in particular, though NYSE has previously won large companies such as Uber and Spotify....
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