Uber Technologies Inc. suffered through a hard 2017, but its business was able to grow nevertheless.
Net revenue grew to US$2.22 billion from US$1.38 billion in the same quarter-over-quarter comparison.
Woman Arrested After Posing As A Groom To Get Dowry During Wedding
According to Janmejay Khanduri, a Nainital SSP, 22-year-old Sweety Sen was recently taken into custody and charged with torture. According to the police, she told the Uttarakhand woman, known as Kamini, that she was the son of a businessman from Aligarh.
The legal battle between Google's Waymo and ride-hailing company Uber aroused when Waymo put allegations of stealing their self-driving technology secrets by Uber in order to first introduce the self-driving technology developed cars in the market to the masses. Despite a turbulent year for the company, it still managed to earn sales of $7.5 billion, although this was tempered by a substantial loss of $4.5 billion, an unprecedented number. The San Francisco-based company has raised approximately $19 billion in funding and has a blended valuation of $54 billion, making it the biggest venture-backed technology enterprise without a stock listing. Uber agreed it would give Waymo stock worth $245 million to settle that suit a week ago.
The European Union's top court dealt a major setback to Uber's plans for expansion across the Continent when it ruled that EU nations could regulate it as a taxi company. The figure leaves out legal costs and stock-based compensation, as well as taxes, interest and other expenses.
The ride-hailing firm ended 2017 with about $6 billion in cash, including $1.4 billion money set aside for potential insurance claims.
Canada loses 7-6 to Sweden in women's Olympic curling
Lamoureux's twin sister Jocelyne touched off an even larger brawl in a December 4-1 US win in Grand Forks, N.D. Both teams were clearly worn out in that game as players on both sides were in full-fledged training mode.
Travis Kalanick's resignation in June 2017 and the subsequent appointment of former Expedia boss Dara Khosrowshahi as CEO appears to have reassured customers and investors a little towards the final months of the year.
Uber had faced accusations from Waymo, a self-driving auto company owned by Google's parent company Alphabet, of stealing purported trade secrets relating to autonomous vehicle technology. The company declined to disclose complete data for 2016 and over time has changed how it accounts for revenue.
The full-year loss increased from USD2.8 billion in 2016, a year with results distorted by a gain from the sale of Uber's unprofitable business in China.
Crude oil prices rise on renewed optimism
It should soon overtake Saudi Arabia , and could usurp Russia's production by the end of 2018, the IEA says. The dollar slipped to a three-year low against a basket of currencies on Friday.