The sending of data outside the European Union (EU) goes against the region's rules and the ride-hailing company has now stopped doing so. Upon hearing the decision to fine the company, Uber spokesperson Caspar Nixon said that the DPA's decision was flawed and that the size of the fine was unjustified. Nixon went on to…
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The transportation and ride-sharing company has revealed a strategic partnership with BYD. As part of this deal, their drivers will be able to get hold of its partner’s cars at preferential rates and with the help of improved financing offers. One hundred thousand BYD vehicles are to be offered to drivers in this way. The…
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The ride-hailing organisation’s financial results, however, improved with Khosrowshahi at the helm. Before joining Uber, he headed Expedia Group, Inc. (EXPE) and reportedly received the most lucrative salary package in the S&P 500. Khosrowshahi joined Uber in 2017. Based on information from the Financial Times, Uber indicated in a recent filing that its CEO met…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 24, 2020. In US stocks, after tumbling 3.6% on Wednesday after disappointing on subscriber growth in the US, Netflix surged 7.2% on Thursday. It was boosted by weak results from Comcast, which has plans to get…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 26, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Crypto Rebounds: All three major cryptoassets (BTC, ETH, XRP) rebounded sharply yesterday after the brutal falls witnessed in the…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 10, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Stocks Off the Highs Uber Day How Many Crypto? Traditional Markets Stock markets have retreated from their…
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Facebook has revamped its AI assistant for Messenger, M, letting it butt into conversations about payments to offer help with sending and requesting money. The upgrade, initially only for US users, lets M pop into open conversations on Messenger when it "recognises intent" and suggest relevant content and capabilities. The suggestions feature has a handful…
Read moreLeapRate TV speaks to Perfectna CEO Daniel Peña in California about echo trading, social trading and how to operate a social trading platform as a SaaS, and its similarities as a business model to Uber
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