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...This story has been updated to incorporate comments from BDO USA, including information on the use of funds from Apollo...
...It has made large direct investments in US tech companies, including a $3.5bn investment in Uber in 2016 and more than $1bn in electric-car maker Lucid Motors in 2018....
...Nasdaq has historically dominated the market for tech listings in particular, though NYSE has previously won large companies such as Uber and Spotify....
...Collectively, companies including Tesla, Alphabet, General Motors, Uber, Baidu and Ford have invested billions of dollars in the technology. Safety records are impressive....
...A very kind Chinese man offered to share an Uber with me, though we had to wait 20 minutes for a car. The man turned out to be an executive with Huawei in Europe....
...Step forward CLS Holdings USA, which said in its results for the quarter to the (conventional) end of February last year: We had revenue of $17,556,406 during the nine months ended February 30, 2032, an...
...Fidelity reduced its investment in Uber by nearly half in the second quarter. Disclosures are retrospective, filed 45 days after the end of the quarter. But the information still has value....
...Two people who attended the meeting said the fund, Pershing Square USA, could raise as much as $20bn. A spokesperson for Pershing Square declined to comment....
...While Ola Cabs has been locked in a fierce battle with American rival Uber, Aggarwal said he was “very happy” with the business....
...Aspensnowmass.com; steamboat.com The ‘Uber of ski lifts’ This winter, the Swiss resort of Flims Laax is to get the world’s first “on-demand” ski lift....
...Born in the USA: a New York law firm’s London coup DD readers are by now read up on US law firm Paul Weiss’s back-to-back raids on its higher-grossing rival Kirkland & Ellis, signalling its intent to edge...
...Rates charged by General Motors’ Cruise robotaxi service in San Francisco are comparable to rideshare services from the likes of Uber....
...It contributed almost 50 per cent of SoftBank’s $100bn Vision Fund in 2016, made a $3.5bn investment in Uber in 2016 and more than $1bn in electric-car maker Lucid Motors in 2018....
...As the dealmaking slump weighs on its larger publicly listed rivals, Centerview is for now better off under the control of its uber-connected circle of dealmakers....
...This is the sort of thinking that led Uber founder Travis Kalanick, in 2016, to look into buying 100,000 Mercedes, in the belief he could equip them with self-driving tech and then watch the money roll in...
...The consumer business is now run by Peeyush Nahar, who joined Goldman earlier this year having previously worked at Uber and Amazon....
...Children’s wellbeing featured in briefs filed against Google’s position, with Child USA, a rights group, arguing the immunity granted by Section 230 has jeopardised children’s protection online amid a boom...
...“Digital natives” — companies with a digital-first model such as Netflix, Google and Uber — are now household names....
...Two years later Uber sold its driverless car unit to local start-up Aurora. The challenge remains substantial....
...The shutdown follows years of consolidation as Uber, Lyft and others have thrown in the towel upon realising that the dream of robotaxis is more distant than the industry had envisioned five years ago, when...
...“If Uber has an ad network — billboards on cars that previously didn’t have billboards, and is providing advertising opportunities when you’re getting groceries or food through restaurants — then they’re...
...Ride-hailing services such as Uber encouraged people who might have walked or caught a bus to take a taxi. Driverless cars may encourage more car trips from non-drivers....
...Tiger Management currently has big positions in Facebook, Google parent Alphabet, Microsoft, chipmaker Micron Technology, wireless technology firm Qualcomm, and ride-hailing and food delivery company Uber...
...Goldman last year hired Peeyush Nahar from Uber to lead its consumer banking business. Argenti joined Goldman from Amazon in 2019. For years, Goldman has been trying to bolster its tech expertise....
...To be clear, this is not the Benchmark that became famous for investing in an early round of Uber. Nor is it the smallish but generally known shop called The Benchmark Company....
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