Uber expects to be profitable by the end of 2020

In 2019, Uber lost a whopping $8.5 billion, though nearly half of that ($4.6 billion) includes stock-based compensation expenses related to the company’s IPO. Meanwhile, both trips and gross… Read the original: Uber expects to be profitable by the end of 2020

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SpaceX plans to spin off its Starlink satellite internet business

Company president Gwynne Shotwell has revealed those plans at a meeting with investors, telling them that “Starlink is the right kind of business that we can go ahead and take public.” SpaceX has… See the article here: SpaceX plans to spin off its Starlink satellite internet business

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Spotify is the new heavyweight champ of podcasts

Alongside its Q4 2019 and full-year earnings report this morning, the company announced that it is acquiring the Ringer, a popular sports and culture media company. The Ringer is still relatively… Follow this link: Spotify is the new heavyweight champ of podcasts

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Ireland’s data privacy watchdog opens probes into Google and Tinder

The DPC says it will also look into whether Tinder has been properly meeting data requests from users. Under GDPR, Europeans have several options when it comes to how companies handle their data…. View original post here: Ireland’s data privacy watchdog opens probes into Google and Tinder

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Twitter bans deepfakes that are ‘likely to cause harm’

When determining if the media has been deceptively altered, Twitter will consider factors like whether a real person has been fabricated. It may flag content if visual or auditory info (like… Follow this link: Twitter bans deepfakes that are ‘likely to cause harm’

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