Tag Archives: Uber

Daily Crunch: Uber reports big losses and slowing growth

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Uber lost more than $5B last quarter Uber reported earnings for the second time as a public company, posting its largest-ever quarterly loss. And while revenue grew 14% year-over-year, that also sparked concerns over (relatively) slow growth. The company’s stock took a nose-dive […]

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Lyft riders can soon hit a 911 button in the app during emergencies

For when things aren't so cheery, there'll be an emergency button in the Lyft app.Image: lyft Almost a year after Uber introduced a 911 button for passengers, its main competitor Lyft is finally doing the same. Last fall Lyft added an emergency assistance feature to the driver app, but passengers still needed to call  911 or Lyft’s 24-7 response line if they had a problem. Now, in the “coming weeks,” riders will see a button in the […]

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How to avoid an IPO

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We’re back to our old, weekly cadence. Which is all well and good, but after a run of doubling up episodes to keep up with the news cycle, showing up just every seven days nearly feels like vacation. But hey, we’re here for you (you follow us both on Twitter, right?). There was a lot to go over, so please […]

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The Top Paying Gig Economy Jobs

I was on my way to a writing conference a few months ago when my Uber driver told me how much he generally makes in a weekend. “$800?” I replied, “I struggle to make that in a week sometimes.” But then he told me how much his car payment is. Add on top of that insurance, wear and tear, etc. Some even have to take out Uber driver loans just to get started. My only investments have […]

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Elon Musk has some advice about charging your Tesla battery

Uber's self-driving cars still aren't reliable.Image: jOSH EDELSON/  AFP / Getty Images Uber’s self-driving cars still aren’t very reliable, apparently. Business Insider reports that Uber’s self-driving tech is still far behind competitors like Waymo. The report, which cites interviews with employees in Uber’s Advanced Technologies Group (ATG), compares the self-driving cars project to a “science experiment,” and says that the cars “perform reliably only on limited well-mapped routes, and aren’t making much progress on handling more.” That […]

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Indonesias Kargo comes out of stealth with $7.6M from Travis Kalanick, Sequoia and others

Travis Kalanick may be busy cooking up a cloud kitchen business, but that hasn’t stopped the former Uber CEO’s VC fund from making its first investment in Southeast Asia. 10100, the firm that Kalanick launched last year for investments in Asia, just took part in a $7.6 million seed round for Kargo, an early-stage “Uber for trucks” startup based in Indonesia and — you guessed it — was founded by a former Uber Asia executive. Kargo takes […]

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Startups Weekly: Ubers headline-grabbing week and sextech at SXSW

I spent the week at SXSW, Austin’s really, really huge technology, music, comedy and film festival. It’s my first year making the trek down here for the event, which I did to interview sextech entrepreneur Lora DiCarlo founder Lora Haddock, whose robotics innovation reward was infamously revoked at this year’s CES. “I brush my teeth and I masturbate. It’s all normal,” she said, addressing the stigma surrounding female-focused pleasure tech. Haddock, during our chat, also announced the […]

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