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Social Data Forecasts Growth Of Fresh Grocery Delivery
Tuesday, June 21, 2016 - 11:10am | 332Read More...According to the latest data from TickerTags, fresh grocery delivery could become more commonplace in years to come. TickerTags monitors social media sites to identify trends by searching for words and phrases that appear together in social media content, such as tweets. Amazon.com, Inc. (NASDAQ:...
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Meet Uber's Pakistani Rival
Monday, June 20, 2016 - 11:13am | 378Read More...As taxi hailing giant Uber enters Pakistan, it has to compete with a little-known local competitor Rixi, which targets low income residents and bets on autorickshaws not cabs. Reuters said the service hails rickshaws instead of cars. Its platform isn't smartphones, but older SMS phone...
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Uber Launches Meal Delivery Initiative UberEATS In 2 European Cities
Thursday, June 16, 2016 - 12:11pm | 199Read More...UberEATS, a meal delivery service app from Uber is now available in London and Paris, in addition to 15 other cities across the world, according to a Reuters report. The service, which launched in London on Thursday, works similarly to the ride-hailing parent company in that users can order food at...
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Are Engineers Increasingly Picking Detroit As A Workplace Over Silicon Valley?
Monday, June 13, 2016 - 2:36pm | 414Read More...When you think of companies heavily investing in self-driving and autonomous vehicles and related technology, you might think of a Silicon Valley startup or tech giant. However, according to the Wall Street Journal, you might be thinking wrong. According to the Journal, Detroit-based Ford Motor...
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RBC Questions The 'Uberization' Movement Impact To Transport Names
Thursday, June 9, 2016 - 4:06pm | 315Read More...RBC Capital Markets analysts have questioned the ‘Uberization' Movement impact to transport names. The analysts pointed out that the traditional freight transportation industry is under attack from fresh entrants deploying unconventional approaches that enable linking shippers together...
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Uber Is Testing A Whole New Way To Take A Ride
Thursday, June 9, 2016 - 3:06pm | 246Read More...One of the largest drawbacks of using Uber's car-hailing service has been the inability to book a ride in advance. Uber listened to its user base and will begin testing this new feature in Seattle. The testing phase of the new format will allow users to book a ride up to 30 days in advance. The...
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Is Facebook Jealous Of China's WeChat?
Thursday, June 9, 2016 - 9:56am | 331Read More...Facebook Inc (NASDAQ: FB)'s daily active user base dwarfs those of Twitter Inc (NYSE: TWTR) and Snapchat combined. As of the first quarter of 2016, Facebook boasts 1.65 billion users who log on to the platform at least once a month. With statistics like this, Facebook is clearly the king of social...
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CNBC Breaks Down Uber's Financing With Goldman Sachs
Tuesday, June 7, 2016 - 5:12pm | 303Read More...Is there an auto loan bubble? To Uber and Goldman Sachs, the answer is seemingly, no. Bloomberg reported Uber secured a $1 billion loan from Goldman Sachs Group Inc (NYSE: GS) to underwrite new loan leases. How does this fit into Uber's strategy? CNBC's Ari Levy noted Uber's Xchange...
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Trump Campaign Lacks Support From Tech Workers
Tuesday, June 7, 2016 - 12:03pm | 379Read More...Presumptive Republican nominee Donald Trump doesn't seem to have the support of Silicon Valley, CNNMoney reported, citing a data from Crowdpac. The report, sourced from Crowdpac data, said just 52 tech industry workers have made political contributions to Trump, versus 33,094 for Bernie Sanders and...
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Uber Thriving Despite Auto Industry Decline
Monday, June 6, 2016 - 3:17pm | 366Read More...Is Uber to blame for auto stocks' underperformance? CNN Money's Paul La Monica offered a deep-dive look into the auto industry, which is declining at a time when Uber is growing. According to La Monica's article for auto manufacturers, she reported a "lousy" May with...
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Wal-Mart Teams With Uber And Lyft To Deliver Groceries To Your Home
Friday, June 3, 2016 - 11:57am | 306Read More...Wal-Mart Stores, Inc. (NYSE: WMT) has partnered with ride-sharing firms Uber and Lyft to test grocery delivery service for its online shoppers, a move that aims to compete with the last mile delivery program of Amazon.com, Inc. (NASDAQ: AMZN). Walmart is expected to start tests of grocery...
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What Do Uber And OPEC Have In Common?
Thursday, June 2, 2016 - 2:00pm | 252Read More...Uber, the popular car-ride sharing app, and OPEC, the organization of 13 of the largest oil producing nations in the planet, share a common link: Saudi Arabia. Saudi Arabia is the largest OPEC member and can now count itself as a partial owner of Uber. According to Bloomberg, Saudi Arabia's...
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Ford CEO On Why The Automaker Didn't Partner With Google Or Uber
Wednesday, June 1, 2016 - 11:57am | 339Read More...Mark Fields, CEO of Ford Motor Company (NYSE: F), said "dynamics get very funky" in talks with Alphabet Inc (NASDAQ: GOOGL)'s Google and Uber, according to Recode. Answering why the automaker didn't end up partnering with Google or Uber, Fields said, "What we want from...
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Tech Pro: Snapchat Is Valuable, But It's No Facebook
Tuesday, May 24, 2016 - 12:32pm | 253Read More...TechCrunch reported that Snapchat is looking to raise $200 million, which would place the company's valuation as high as $22.7 billion. Speaking to CNBC, International Business Times' Michael Learmonth pointed out that Snapchat's latest round of financing implies it is among one of the most...
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Bob Peck Offers Top 10 Takeaways From PayPal's First-Ever Analyst Day
Thursday, May 19, 2016 - 4:46pm | 611Read More...Paypal Holdings Inc (NASDAQ: PYPL) just held its first Investor Day post after its separation from eBay Inc (NASDAQ: EBAY). SunTrust Robinson Humphrey's Bob Peck, who has a Buy rating on the stock, provided the following top 10 takeaways from the event: 1. 'Financial Guidance:...
















