Hints and tips:
...Williams, with a market value of $37bn, is paid to transport gas but does not sell the fuel itself....
...The scandal “has shaken the foundations of the certification system and concerns trust in Japan’s manufacturing sector,” said transport minister Tetsuo Saito....
...The aggressive push involved it flouting taxi regulations in many countries and, to critics, made Uber a byword for Silicon Valley arrogance in the cheap-money decade between the financial crisis and the...
...Lyft’s struggles are the most significant signal yet that a bitter rivalry, one that once defined the aggressive Silicon Valley start-up culture, has now become heavily one-sided....
...Co-founder and Silicon Valley investor Peter Thiel is known for making his own spooky pronouncements on global annihilation....
...deposit inflows vs outflows in the US, although deposit growth is beginning to slow, especially among commercial clients… European banks operate with high liquidity coverage ratios (LCRs), at 163% in aggregate...
...It would eventually aggregate bookings for “freight, road, railway, water transport and air-shipping” services, state media said, without elaborating....
...He turned to Alibaba’s Amap, which aggregates ride-hailing providers, after wait times for Didi cars rose in the wake of the government action....
...largest US banks are expected to reveal this week that customers withdrew tens of billions of dollars in deposits at the start of 2023, even as they gained new customers following the collapse of Silicon Valley...
...Silicon Valley giants continued their rapid hiring last year on the assumption the historic surge in digital demand would endure....
There is still no consensus on how autonomous vehicles should work
...After raising private capital from blue-chip Silicon Valley funds including Sequoia Capital, Index Ventures and Accel, Bird merged with blank-cheque company Switchback II in November last year at an initial...
...Uber has long been the symbol of Silicon Valley lossmaking. The business model’s promised technology and scale efficiencies, needed for profitability, are still hazy....
...The lossmaking Silicon Valley group, which has relied on heavily subsidised rides to shake up the taxi industry worldwide, said it generated free cash flow of $382mn in the three months to the end of June...
...users to take trips in its cars between transport hubs....
...But the future of city transport is still up for grabs. Elaine Moore is FT ’s deputy Lex editor...
...NYC taxi drivers may hope that by joining forces with their arch rival they can at least get the breathing room that still accrues to Silicon Valley darlings....
...Khosrowshahi began talking about Uber becoming a platform for a wider range of mobility options — branded by some in Silicon Valley as a super app — in 2018, a year after he was appointed chief executive...
...Aggregate data for American, Delta and United or overall changes in domestic flights and intra-California flights were queried on February 11 2022....
...In 2020 and 2021, the Wall Street and Silicon Valley luminaries who sponsored the flurry of US blank cheque companies known as Spacs had a simple message for retail and institutional investors: we can be...
...The prices of many items, from cat food to coffee, are rising and they are harder to transport around the world swiftly in an era of high inflation and snarled supply chains....
...Silicon Valley venture capitalists, for their part, previously accepted that the company’s losses — partly thanks to lower prices — were the cost of expansion....
...Silicon Valley venture capital provided the rocket fuel....
...Silicon Valley’s car-booking pioneers Uber and Lyft have suffered a difficult start to life as public companies....
...If you look at aggregate data, productivity in the UK and the US, national productivity is way up versus pre-pandemic. Every firm I talk to is pretty positive about it....
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