Uber on Thursday said its overall gross bookings were down 40% overall in April, compared to a year earlier, reflecting how its surging food-delivery business has lessened the pain of losing 80% of its core ride-hailing business in the same period. “Rides-only players were disproportionately impacted,” CEO Khosrowshahi said during a first-quarter results conference call. That is a reference to...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Weekend startups culture
The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive startups ai
Y Combinator’s Garry Tan Goes to the Mat