Shares of Uber and Lyft hit new lows Tuesday (Oct. 1) as both rideshare giants struggle after going public. CNBC reported that Uber closed down...
After starting out the week with a bang and announcing a big new partnership with Visa, Revolut today (Oct. 1) reported that in 2018, its...
Consumer bank Marcus, launched by Goldman Sachs in 2016, has lost $1.3 billion despite buying startups and building call centers in Utah and Texas, The...
GameStop said on an earnings call that it’s going to close somewhere between 180 and 200 stores in an effort to expand its profitability, which...
Paytm’s parent One97 Communications posted $549 million in net losses for the fiscal year ending in March, according to reports on Monday (Sept. 9). Losses...
Shares of Uber and Lyft hit their lowest levels ever on Tuesday (Sept. 3). CNBC reported that Uber closed down 5.7 percent to $30.70, falling...
Uber shares have hit their lowest level ever following devastating Q2 losses of $5.2 billion, according to a report by CNBC. The shares fell 7.6...
Facing losses, San Francisco-based Uber is instituting a tech hiring freeze among other cost-savings measures, Bloomberg reported. The company suspended new software engineer hires as...