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Uber Q4 loss narrows 28% to $1.1 billion; settles dispute with Waymo

The ride-hailing company's quarterly revenue rose 11.8 per cent to $2.2 billion from its previous quarter,.....»»

Category: topSource: business-standardFeb 13th, 2018

Uber"s fourth-quarter loss narrows to $1.1 billion: source

(Reuters) - Uber Technologies Inc [UBER.UL] narrowed its fourth-quarter loss to $1.1 billion from a loss of $1.46 billion in the previous quarter, a person familiar with the matter told Reuters......»»

Category: topSource: reutersFeb 13th, 2018

Uber settles with Waymo

Alphabet's self-driving car unit settled its trade secrets dispute with the ride-hailing firm, Uber. As Fred Katayama reports, Uber promised not to use Waymo's technology in its autonomous vehicles......»»

Category: videoSource: reutersFeb 9th, 2018

Uber CEO aims to pare losses and get "the love back"

Ride-hailing giant Uber's full-year net loss widened to $4.5 billion in 2017 as the company endured a tumultuous year that included multiple scandals, a lawsuit alleging the theft of trade secrets and the replacement of its CEO......»»

Category: topSource: foxnewsFeb 15th, 2018

Uber"s net loss widens to $4.5 billion for tumultuous 2017

Ride-hailing giant Uber's full-year net loss widened to $4.5 billion in 2017 as the company endured a tumultuous year that included multiple scandals, a lawsuit alleging the theft of trade secrets and the replacement of its CEO......»»

Category: topSource: foxnewsFeb 14th, 2018

The Wall Street Journal: Uber narrows losses to $1.1 billion as fourth-quarter bookings rise

Uber Technolo.....»»

Category: topSource: marketwatchFeb 13th, 2018

Uber Posts Fourth-Quarter Loss of $1.1 Billion on Higher Sales

Uber continued to boost ridership and revenue throughout last year, despite a punishing stretch that included a sexual harassment scandal, the resignation of its longtime chief and a blockbuster lawsuit from its primary rival in self-driving vehicles......»»

Category: smallbizSource: wsjFeb 13th, 2018

Uber booked $2.2 billion in sales last quarter — but it still took a $1.1 billion loss

Getty Uber is narrowing its enormous losses and its revenues are growing. In Q4 2017, it booked a loss of $1.1 billion on $2.2 billion in revenues. It comes as the company tries to move past a yea.....»»

Category: topSource: businessinsiderFeb 13th, 2018

With Waymo Settlement, Uber C.E.O. Makes His Mark

In settling a driverless car trade secrets dispute with Waymo, Dara Khosrowshahi, Uber’s C.E.O., showed how he employs the tactics of conciliation, regret and compromise......»»

Category: dealsSource: nytFeb 9th, 2018

Uber, Waymo settle ugly dispute over self-driving tech

The self-driving car trial between Uber and Google car company Waymo came to a sudden halt on Friday as the two sides settled a trade secret case. But not before Waymo got to drag Uber through the mud......»»

Category: videoSource: reutersFeb 9th, 2018

Waymo accepts $245 million and Uber"s "regret" to settle self-driving car dispute

SAN FRANCISCO (Reuters) - Uber Technologies Inc [U.....»»

Category: topSource: reutersFeb 9th, 2018

Waymo and Uber settle trade secrets dispute, Uber CEO expresses "regret"

Uber agreed to pay equity valued at about $245 million as part of the deal between the rival technology companies.....»»

Category: topSource: business-standardFeb 9th, 2018

Uber Settles Trade Secrets Lawsuit With Alphabet’s Waymo Unit

Waymo gets about $244.8 million in Uber equity. The trade secrets trial that pitted Waymo, the Google self-driving project that spun out to become a business under Alphabet, against Uber is over. The two companies reached an a.....»»

Category: europeSource: fortuneFeb 9th, 2018

At car secrets trial, Uber rejects financial damages claim worth $1.9-bn

Waymo has estimated damages in the case at about $1.9 billion.....»»

Category: topSource: business-standardFeb 6th, 2018

Former Uber, Waymo engineer Levandowski paid someone inside Tesla for information, nanny"s lawsuit claims

Anthony Levandowski, the former Uber Technologies executive at the center of a billion-dollar lawsuit with Alphabet's Waymo over trade secrets, paid someone inside Tesla for information about the company’s self-driving semi truck, and once thoug.....»»

Category: topSource: bizjournalsJan 17th, 2018

Uber accused of espionage, bribery and hacking by former employee - TechCrunch

TechCrunchUber accused of espionage, bribery and hacking by former employeeTechCrunchThe $1.86 billion legal battle between ride-hailing giant Uber and Alphabet's self-driving unit Waymo reached a pivo.....»»

Category: topSource: googlenewsDec 16th, 2017

Uber Reports Massive $1.5 Billion 3Q Loss As Two Investors Drop Out Of New Financing Round

Following an embarrassing revelation from about a weak ago that Uber concealed a massive cyberattack - in which hackers stole personal data from 57 million customers for more than a year - and paid the hackers $100,000 to keep quiet (not to mention t.....»»

Category: blogSource: zerohedgeNov 30th, 2017

Uber"s loss reportedly widens to $1.6 billion in the third quarter

Robert Galbraith/Reuters Uber's net loss widened to $1.46 billion in the third quarter, .....»»

Category: topSource: businessinsiderNov 29th, 2017

Uber’s Q3 Loss Widens as SoftBank Makes First Offer on Shares

Two investors have dropped out as the tech company reveals mounting legal costs. Uber Technologies Inc.'s third quarter loss widened to $1.46 billion, coinciding with a.....»»

Category: europeSource: fortuneNov 29th, 2017

Uber"s third-quarter net loss widens to $1.46 billion: source

(Reuters) - Uber Technologies Inc's [UBER.UL] quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the ride-hailing company wades through legal troubles and faces regulatory scrutiny across the globe......»»

Category: topSource: reutersNov 29th, 2017

Uber's Losses Widen as SoftBank Launches Bid to Buy Shares - Bloomberg

BloombergUber's Losses Widen as SoftBank Launches Bid to Buy SharesBloombergUber Technologies Inc.'s net loss widened to $1.46 billion in the third quarter, accor.....»»

Category: topSource: googlenewsNov 28th, 2017