Tuesday, November 1, 2022

Uber reports Q3 revenue rose 72% YoY to $8.34B, beating $8.1B estimates, as gross bookings rose 26% YoY to $29.1B, including $13.7B from Uber Eats (Jackie Davalos/Bloomberg)

Jackie Davalos / Bloomberg:
Uber reports Q3 revenue rose 72% YoY to $8.34B, beating $8.1B estimates, as gross bookings rose 26% YoY to $29.1B, including $13.7B from Uber Eats  —  Uber Technologies Inc. reported revenue that beat analysts' expectations, fueled by a recovery in driver supply that supported increased ridership …



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GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the location and driving data of OnStar subscribers to brokers (David Shepardson/Reuters)

David Shepardson / Reuters : GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the locati...