Sunday, December 22

Tag: UBER

Nasdaq Beats NYSE in IPO Race for Fifth Year in a Row
30Dec By adminNo Comments
World

Nasdaq Beats NYSE in IPO Race for Fifth Year in a Row

Updated Dec. 29, 2023 6:39 pm ETNasdaq beat the New York Stock Exchange in the battle for initial public offerings in 2023, the fifth consecutive year in which the once-dominant NYSE has fallen behind its rival.IPOs at Nasdaq have raised $13.7 billion compared with $10.4 billion for new listings at the NYSE, according to data provider Dealogic. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Uber celebrates a decade in India with commemorative postage stamp
28Dec By adminNo Comments
Travel

Uber celebrates a decade in India with commemorative postage stamp

As Uber completes ten years of operations in India, the company released a special commemorative ‘My Stamp’ issued by the Department of Post to celebrate the important milestone in its journey. Starting its India voyage by offering sedan and SUV rides, Uber has come a long way introducing new mobility options including two wheelers, three wheelers and even buses as various multimodal means within the Uber app. The commemorative stamp launch with India Post to mark ten years of Uber in India highlights the achievements in transforming urban mobility, expanding economic opportunities, and shaping the growth story of India over the last decade. Spanning more than 125 Indian cities with cars, autos, bikes as well as buses – Uber has focused on developing solutions to address the country’s ev...
Read More
Nasdaq Set to Beat NYSE in IPO Race for Fifth Year in a Row
27Dec By adminNo Comments
Money

Nasdaq Set to Beat NYSE in IPO Race for Fifth Year in a Row

Nasdaq is on track to beat the New York Stock Exchange in the battle for initial public offerings in 2023, the fifth consecutive year in which the once-dominant NYSE has fallen behind its rival.IPOs at Nasdaq have raised $13.6 billion compared with $10.4 billion for new listings at the NYSE, according to data provider Dealogic. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Uber, Jabil, Builders FirstSource to Join S&P 500
3Dec By adminNo Comments
Money

Uber, Jabil, Builders FirstSource to Join S&P 500

Uber Technologies, Jabil and Builders FirstSource will join the S&P 500, S&P Global said Friday.The three will replace Sealed Air, Alaska Air Group and SolarEdge Technologies in the index, respectively.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
The EU Wants to Fix Gig Work. Uber Has Its Own Ideas
20Nov By adminNo Comments
Technology

The EU Wants to Fix Gig Work. Uber Has Its Own Ideas

“Our advertising campaign simply puts certified facts about the company in the public domain,” says Uber spokesperson Nixon. “Uber supports a strong and enforceable directive that ensures platform workers maintain the independence they want and receive the protections they deserve, such as minimum wage, holiday and sick pay.”What’s at stake for Uber with the new rules is the employment classification of its Uber drivers and UberEats couriers. “Classification is the entry point into the whole range of protections, everything from protection against unfair dismissal, through to sick leave, through to parental or maternity leave, through to discrimination protection,” says Jeremias Adams-Prassl, a law professor at the University of Oxford. “That's why you can also see the attraction of miscl...
Read More
Tech Giants Spend Billions on AI Startups—And Get Just as Much Back
4Nov By adminNo Comments
World

Tech Giants Spend Billions on AI Startups—And Get Just as Much Back

Updated Nov. 3, 2023 1:41 pm ETAmazon, Google and Microsoft have spent the past year investing billions of dollars in artificial-intelligence startups—while also charging those fledgling companies a similar amount to use their cloud platforms.The deals are making the big tech firms the largest backers and most direct beneficiaries of these startups, reflecting how some of the AI boom’s biggest rewards keep going to the most powerful players. The value of the tech giants’ stakes could shoot up if the startups take off. And if not, they still will have turned chunks of cash into revenue. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Tech Giants Spend Billions on AI Startups—And Get Just as Much Back
3Nov By adminNo Comments
Technology

Tech Giants Spend Billions on AI Startups—And Get Just as Much Back

Updated Nov. 3, 2023 1:41 pm ETAmazon, Google and Microsoft have spent the past year investing billions of dollars in artificial-intelligence startups—while also charging those fledgling companies a similar amount to use their cloud platforms.The deals are making the big tech firms the largest backers and most direct beneficiaries of these startups, reflecting how some of the AI boom’s biggest rewards keep going to the most powerful players. The value of the tech giants’ stakes could shoot up if the startups take off. And if not, they still will have turned chunks of cash into revenue. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Visa, Mastercard Want a Slice of Africa’s Mobile Money
19Oct By adminNo Comments
Money

Visa, Mastercard Want a Slice of Africa’s Mobile Money

Updated Oct. 19, 2023 12:01 am ETListen to article(2 minutes)JOHANNESBURG—African fintech companies have found creative ways to help the continent’s consumers spend their money. Traditional payments companies want in.Global payment giants, including Mastercard and Visa, are pouring billions of dollars into African companies that have powered a sharp expansion in e-commerce on the continent. Recent deals have focused on mobile-money operators, which allow users to send funds using simple cellphones, and platforms that facilitate such payments for merchants such as Uber Technologies, Netflix or Estée Lauder without relying on credit cards or bank accounts.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Visa, Mastercard Want a Slice of Africa’s Mobile Money
19Oct By adminNo Comments
Money

Visa, Mastercard Want a Slice of Africa’s Mobile Money

Oct. 18, 2023 11:00 pm ETListen to article(2 minutes)JOHANNESBURG—African fintech companies have found creative ways to help the continent’s consumers spend their money. Traditional payments companies want in.Global payment giants, including Mastercard and Visa, are pouring billions of dollars into African companies that have powered a sharp expansion in e-commerce on the continent. Recent deals have focused on mobile-money operators, which allow users to send funds using simple cellphones, and platforms that facilitate such payments for merchants such as Uber Technologies, Netflix or Estée Lauder without relying on credit cards or bank accounts.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More