Tag: Lyft Inc.

Digital in yours hands

Uber CEO says company will cut costs and treat hiring as a ‘privilege’

Uber posted a loss of $5.9 billion in the first quarter of 2022. Philippe Pacheco | AFP via Getty Images Uber will cut spending and focus on becoming a leaner company to weather a “seismic shift” in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC. “After the earnings, I spent…
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The market just released an unhealthy AOL-Time Warner bubble comparison

A Teladoc rolling telehealth cart that allows doctors to meet with their patients remotely, October 8, 2021. Newsday LLC | News day | Getty Images Earnings details this week included big-name calculations with the value of high-growth, high-tech and high-risk companies. Ford and Amazon note their stakes in electric vehicle manufacturer Rivian; Alphabet and Microsoft…
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