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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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...