Uber on Wednesday said its revenue more than doubled to $3.9 billion in the second quarter of this year compared to the same period a year earlier amid the depths of the pandemic quarantines. But after making acquisitions such as Postmates to buttress its fast-growing food delivery business, which has been bigger than its ride hailing business for more than a year, losses continue to dog the...
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My Life's Work AI
The Founder Who Got High on a Rooftop and Came Down With a Business
Watching the app you built hit the 10 million-download threshold would be a career high for most founders. But for Ben-Zion Benkhin, it’s just another day at the office. Within the last two years, Benkhin, 26, has launched two wildly popular artificial intelligence–based apps. The first was Wombo.ai, which uses AI to create highly shareable, delightfully weird deep fakes from a...
Peloton Announces Job Cuts, Store Closures and Price Hikes
South Korea’s Mirae Asset Management Led $250 million SpaceX Investment
Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
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