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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...
...elaine.moore@ft.com...
...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 reported a $5bn quarterly loss shortly after its initial public offering in 2019. But Instacart’s price collapse eclipses Uber’s....
...Even Uber’s is just 3.4 per cent....
...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....
...Meanwhile, Paddy Cosgrave, the founder of Europe’s largest annual technology conference, has resigned after making comments on the conflict....
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