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Uber starts trading at $42, down 6.7% from IPO price
Uber's stock crumpled 6.7% down from its IPO price at the start of trading in Silicon Valley's most hotly anticipated public offering in years.Read More
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Uber closes down 7.67%, putting chill on big IPO year for tech stocks
Uber performed a historic face plant on its first day of trading. Now the stable of unicorns hoping to IPO this year will have to see the fallout.Read More
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Uber’s Movement Speeds feature offers hourly street-level traffic data
Uber today announced the launch of Uber Movement Speeds, an expansion of its Movement product that offers street-level hourly traffic speeds.Read More
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Uber now lets premium riders opt out of conversations with drivers
Uber is rolling out a bunch of new features for Uber Black premium riders, including the ability to request "quiet time" and help with luggage.Read More
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Uber now reminds riders to check for cyclists before opening their door
Uber will soon roll out push notifications that indicate when riders' drop-offs are near bike lanes, giving them ample time to check for oncoming cyclists.Read More
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Short-term markets are putting Uber in trouble
Uber's rise until now has been fueled by investors' willingness to subsidize a big market buildout. But post-IPO, the company is being hit by new realities.Read More
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World Economic Forum launches Global AI Council to address governance gaps
The World Economic Forum is creating a series of councils that create policy recommendations for use of things like AI, blockchain, and precision medicine.Read More
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Uber loses $1 billion in Q1 2019 as costs grow for drivers, food delivery
Uber Technologies reported a $1 billion loss on Thursday as the ride-hailing service spent heavily to build up its food delivery and freight businesses.Read More
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Uber will deliver food via drone to San Diego residents in summer 2019
Ride-hailing giant Uber announced plans to begin delivering food and other goods via drone to San Diego customers this summer.Read More
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Uber rolls out next-generation self-driving Volvo
At an event in Washington, Uber unveiled a fleet of redesigned self-driving cars that it expects will hit public roads in the coming months.Read More
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Where the next Big Five of tech could come from
Amazon, Apple, Facebook, Alphabet, and Microsoft have a combined market capitalization of $3 trillion. But they won't hold the title of 'Big Five' forever.Read More
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Slack IPO dares investors to bet company can stop hemorrhaging red ink
The cultish devotion to Slack in offices around the world is about to propel the workplace collaboration platform to a $16 billion IPO today.Read More
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Uber pilots ‘simulated trips’ to build drivers’ confidence, relaunches...
Uber is introducing new features to its driver app in a pilot aimed at luring more drivers on board -- and encouraging them to stay.Read More
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Slack IPO starts trading at $38.50 for $23 billion valuation
Slack's IPO started with a bang as the first trade was priced at $38.50, giving the company a $23 billion valuation, well above the expected $16 billion.Read More
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Uber expands Pro perks globally, but drivers would probably prefer better pay
Uber is bringing its driver-focused Uber Pro service to international markets, including Mexico and India, following a series of pilot programs.Read More
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Alphabet’s Waymo adds Wi-Fi to its driverless taxis
Waymo is rolling out amenities to entice riders to use its self-driving taxis, creating a potential route to profitability in a money-losing industry.Read More
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Uber Comfort launches with bigger cars and ‘no conversation’ option
Uber is rolling out a new service level for riders today, one that offers additional "comfort" features such as extra leg room and quiet time. Read More
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Takeaways from the inaugural Women in AI Breakfast at Transform 2019
The number of women attendees at Transform grew 6X this year. Find out why, and learn the key takeaways from the inaugaural Women in AI breakfast.Read More
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Uber open-sources Plato for developing and testing conversational AI
Uber AI (Uber's AI research division) has open-sourced Plato, a platform for developing and testing conversational AI agents.Read More
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Uber now gives passengers ride credits for buying stuff through Cargo’s...
In-car commerce company Cargo now lets Uber riders earn credits and other perks when they buy stuff through Cargo's new expanded marketplace app.Read More
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