Uber Q1: $6.85B revenue, up 136% YoY, net loss of $5.9B due to equity investments, gross bookings of $26.4B, up 35%, mobility revenues crossed delivery revenues — - Uber reported first-quarter earnings before the bell Wednesday. — Mobility revenues have finally surpassed delivery revenues, as travel rebounds.
Moysle, which provides a mobile device management system for Apple devices, raises a $196M Series B led by Insight Partners — Moysle, a mobile device management platform for Apple devices, today announced that it raised $196 million in a Series B funding round led by Insight Partners …
Spotify launches Spotify Island on Roblox, the first music streaming brand on the service; artists and fans can go on quests, unlock content, and buy merch — Spotify announced today it will become the first music streaming brand to have an official presence within Roblox, with the launch of …
Sources: the UK has shelved plans to empower the CMA's digital markets unit, announced in 2020, hampering its ability to set rules and impose fines — Government not expected to include legislation to beef up CMA's digital markets unit in Queen's Speech — The UK is poised to shelve plans …
The SEC plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, created in 2017 to monitor crypto fraud, taking it to 50 personnel — Agency to add 20 staffers to help tighten scrutiny of unregulated $1.7 trillion cryptocurrency market
In a filing, Twitter says Elon Musk's bid could make it difficult to attract and retain key employees, decrease productivity, and halt changes to its business — Twitter Inc.'s $44 billion deal to be acquired by Elon Musk means it risks losing advertisers and employees, who may be concerned about the company's uncertain future.
Amazon tells staff it will pay up to $4K in travel expenses annually for non-life threatening medical treatments including abortions, following Yelp and others — Amazon.com Inc (AMZN.O), the second-largest U.S. private employer, told its staff on Monday it will pay up to $4,000 …
Google confirms it fired AI researcher Satrajit Chatterjee; sources: he was fired after Google declined to publish his paper rebutting a celebrated Nature paper — The researchers are considered a key to the company's future. But they have had a hard time shaking infighting and controversy over a variety of issues.
In a preliminary view, the EU says Apple has abused its dominance in mobile payments by limiting competitors' access to the NFC chips in iPhones — EU preliminary findings say US group limits rivals' access to ‘tap and go’ technology — Brussels regulators have charged Apple …
Apple's Q2 warning that supply shortages could hurt sales by up to $8B is a sign of overdependence on China for final device assembly, testing, and packaging — Apple products are primarily assembled in China, and that's brought headaches in recent years—including supply-chain woes in its latest quarter.
The Wikimedia Foundation decides to stop accepting cryptocurrency donations following community feedback, citing Mozilla's similar move in January 2022 — The announcement follows a vote by the Wikimedia community in which 71.2% voted in favor of a proposal to stop accepting cryptocurrency.
Saritha Rai / Bloomberg : Inside Naver's 1784, a 36-level office tower in Seoul, which has ~4,500 employees working with 120 robots a...
