Uber reported one of its worst-ever quarterly results on Thursday, confirming estimates it gave ahead of its May IPO. The results reflected Uber’s scorched-earth strategy of killing its core-business margins to stand its ground against rising competition. CFO Nelson Chai said in a statement that Uber “started to see signs of less aggressive pricing by some ridesharing competitors, which has...
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TI Reality Check: Better Optics and an HTC Teaser

HTC has started promoting new VR hardware as though it’s teasing the next Marvel movie. On Friday, the company tweeted out a partial image of something that looked like a new VR headset (HTC later cheekily confirmed that’s exactly what it was). Today, the company also announced a new event called ViveCon 2021—most likely a developer-focused VR conference—that will happen...
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