Uber Loses License to Operate in London

⇑⇓ Today’s Stock Market Quotes ⇓⇑ Uber can continue to operate in the city through an appeals process that could take months. Still, the public reproach over a loophole in Uber’s software threatens to further shake trust in the platform here and elsewhere. Uber has long found itself in the crosshairs of authorities around the world over […]

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Uber And Lyft Get Creative With Numbers… The Creative Accounting Of Today Is Reminiscent Of The Late 1990s Dot-Com Bubble

Uber Technologies Inc., Lyft Inc. and other big startups going public now have touted their new business models that disrupt old industries but lose historic amounts of money. To try to win over investors, they have also come up with unusual alternatives for measuring their performance. So far, investors aren’t buying it. START TRADING NOW […]

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Uber Lowers Its Valuation Target

Stock Market News Today — Uber Technologies Inc. ratcheted down its target valuation to a range of about $80 billion to $90 billion for its initial public offering, according to people familiar with the matter. The ride-hailing giant is seeking to price its shares between $44 and $50 apiece, the people said. It aims to raise $8 […]

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Uber Buys Rival Careem For $3.1 Billion

News, Quotes, Charts – NYSE FANG+ Index FNG >>> NYSE FANG+ index futures CFD, an index of 10 next-generation tech companies: Facebook, Netflix & more Uber said late Monday night it would pay $1.4 billion in cash and $1.7 billion in convertible notes in a deal that gives it full ownership of Careem. The long-expected […]

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