Uber

After years of speculation and extensive plans to keep the company private for as long as possible, the social media platform Pinterest is reportedly preparing an initial public offering.  What Happened Founded in 2009, Pinterest is as an online idea discovery and saving platform that...

Popular ride-hailing company Uber Technologies, Inc. has spent extensive time in the spotlight lately: from hiring drivers with criminal records to demonstrating wage discrimination, Uber continues to generate bad press.  What Happened Due to a recent spike in...

The first half of 2018 brought Dropbox Inc (NASDAQ: DBX), Spotify Technology SA (NYSE: SPOT) and 118 other market newbies raising an aggregate $35.2 billion — the most since 2014. Bettors on the young blood generally made off nicely, as the average IPO traded 22 percent above its...

Major shifts in consumer habits not only change the way we think about the economy, but lead the direction for where the economy is heading. One of the most obvious examples of this sentiment is seen with the ever-increasing growth of the so-called “sharing economy.” Companies like Uber...

Warren Buffett confirmed Wednesday that Berkshire Hathaway Inc. Class A (NYSE: BRK-A) (NYSE: BRK-B) held investment talks with Uber. What Happened The 87-year-old billionaire investor vaguely refuted some parts of the Bloomberg report that first exposed the interactions. "I'm a great...

Foursquare CEO Jeff Glueck has 105 million reasons why the app is much more than a social networking platform. The figure represents the number of businesses Foursquare recognizes in 170 countries, Glueck told New York Post reporter Carleton English at the 2018 Benzinga Global Fintech Awards on...

GrubHub Inc (NYSE: GRUB) stock has gained 175 percent since the start of 2017, which has some analysts suggesting investors move to the sidelines. But after conducting firsthand checks with restaurant owners and managers, KeyBanc Capital Markets said the case for further upside can still be made...

Morgan Stanley has been recommending investors be buyers of GrubHub Inc (NYSE: GRUB) since Jan. 1, 2017. Now may be the time to move to the sidelines after a 175-percent return, the firm said Wednesday. The Analyst Morgan Stanley's Brian Nowak downgraded GrubHub from Overweight to Equal-...

Last quarter’s fatalities involving autonomous vehicle technology were seen to justify some of the concerns voiced by Tesla Inc (NASDAQ: TSLA) bears. Critics were confident the crashes would dent consumer enthusiasm toward self-driving cars and, in one case involving the Model X, weigh...

NVIDIA Corporation (NASDAQ: NVDA) will temporarily suspend on-road tests of self-driving technology as it awaits clarity on the cause of Uber’s fatal crash, Reuters first reported. What Happened Nvidia had announced in January a partnership to embed its artificial intelligence technology...

Loup Ventures has long said autonomous systems will be safer than human drivers, and it maintains that conviction even after Monday’s fatal collision between a self-driving vehicle and a pedestrian in Tempe, Arizona.  “We’ve been asking ourselves: what’s the right way...

Uber is halting tests of its autonomous vehicles after an overnight collision left one pedestrian dead. Police in Tempe, Arizona, are investigating the crash and said an Uber car in autonomous mode struck a woman who walked into the street outside of the crosswalk, according to KNXV-TV. A safety...

Lyft is taking its advocates on a wild ride this week. While announcing a multiyear, self-driving technology partnership with Magna International Inc. (USA) (NYSE: MGA), management unveiled plans for a monthly subscription model. The subscription program, which The Verge said would shift the...

Passenger drones have been an American dream for years now, and Embraer SA (ADR) (NYSE: ERJ) and Uber said the reality is imminent. The partners, who announced in May their pursuits to market electric vertical take-off and landing, or eVTOL, systems by 2024, said this week that the first...

With the rising cost of car insurance and an increase of millennials moving into urban areas, it makes sense that renting, leasing, or buying a car are becoming less attractive options. Riders don't have to worry about having the best car insurance, regular maintenance, or car payments. Now...