Friday, May 31, 2019

Uber's Q1 losses reach $1B despite revenue growth

Chai added that Uber noticed less aggressive pricing by its competitors - meaning they're not competing as hard to offer the lowest price - and that trend has continued into the second quarter. http://bit.ly/2Xfh0F3 https://ift.tt/eA8V8J

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Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capital expenses in Q1, as they accelerate AI spending (Karen Weise/New York Times)

Karen Weise / New York Times : Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capit...