Just like Lyft, Uber has confidentially filed for its IPO

On Thursday we learned Lyft filed papers for an initial public offering set to take place in 2019, and Friday evening some “people familiar with its plans” said the same to the Wall Street Journal… View post: Just like Lyft, Uber has confidentially filed for its IPO No input file...

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Walmart buys Art.com to take on Amazon in home decor

The purchase is expected to be completed in early 2019, though no price was given. In addition to the company’s products, Walmart is also getting its hands on Art.com’s ArtView platform that… Continue reading here: Walmart buys Art.com to take on Amazon in home decor No input file...

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EU aims to be ‘climate neutral’ by 2050

To do this will require “significant additional investment,” according to energy commissioner Maroš Šefčovič. The EU estimated that the continent would need €175 billion to €290 billion… See more here: EU aims to be ‘climate neutral’ by 2050 No input file...

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After Math: The anti-social network

About 2 hours: It doesn’t happen often but Facebook’s servers have been known to fail from time to time. One of those times was Monday when roughly 50 percent of users in North and South America… See the rest here: After Math: The anti-social network No input file...

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Uber lost over $1 billion in Q3 as it closes in on an IPO

Uber, according to its self-reported financials, said it lost (on a GAAP basis) $1.07 billion as it continues to invest in new areas, such as bicycles, scooters and freight shipments. The company… Read more: Uber lost over $1 billion in Q3 as it closes in on an IPO No input file...

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