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.
Penn State shocks No. 8 Ohio State
All three of Penn State's remaining regular season games give the team opportunities to boost its NCAA Tournament resume. With the victory, Penn State now has two quality wins on their tournament resume, both courtesy of Ohio State.
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.
Hidden iPhone settings you should know about
A MALICIOUS " text bomb" is causing Apple devices to crash leaving users unable to access their messages. The character comes from the Telugu language, which is spoken by some 70 million people in India.
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.
EFF: Zuma Is Gone, Now Dissolve Parliament
It was scheduled for 11:00 to give Zuma a chance to deliver his expected resignation address, which should have happened at 10:00. After his dismissal from the ANC in 2012, Malema formed the Economic Freedom Fighters, which relentlessly opposes Zuma.