Uber reported an 18% drop in revenue for the third quarter, while its net loss shrank slightly to just below $1.1 billion. The results showed that Uber’s ride-hailing business improved a little from the devastation of the second quarter, while its food delivery operation grew faster. Uber said mobility “gross bookings” fell 53%, compared with the 73% drop recorded in the second quarter. The...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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