baker
can you add these on your next refresh
U.S. factory output drops, autos fall the most since recession
>>5191856 lb
relevant
WTF are you talking about
totally but I like it when it's busy!
the anon who posted "first!" was such a fuckin tool.
Uber posts $50 billion in annual bookings as profit remains elusive ahead of IPO
SAN FRANCISCO (Reuters) - Uber Technologies Inc had $50 billion in total bookings for its ride-service and food-delivery businesses last year, a testament to the size and global reach of the company as it prepares to woo investors in one of the biggest public stock listings to date.
But figures released by the company on Friday showed revenue grew just 2 percent in the fourth quarter, a sign that Uber continues to heavily subsidize rides in competitive markets, raising questions about its future growth prospects.
Uber's full-year revenue for 2018 was $11.3 billion, up 43 percent from the prior year. Its losses before taxes, depreciation and other expenses were $1.8 billion, an improvement over the $2.2 billion loss posted in 2017.
Uber highlighted the annual bookings figure, which was up 45 percent over 2017, in its release on Friday of a smattering of selected figures for its fourth-quarter and full-year results, a practice it has had for the last several quarters as it anticipated going public. The full-year figures are particularly important to show potential investors the trajectory of the business, as opposed to Uber's more erratic quarterly results.
Uber in December filed confidentially for an initial public offering, which may come as early as the second quarter this year. It is racing neck-and-neck with rival Lyft to become the first ride-hailing IPO.
"Last year was our strongest yet, and Q4 set another record," Uber Chief Financial Officer Nelson Chai said in a statement.
Uber said gross bookings for the fourth quarter were a record $14.2 billion, up 11 percent from the prior quarter. That marks an improvement after bookings growth slowed to just single-digit percentages throughout much of last year.
https://www.marketscreener.com/news/Uber-posts-50-billion-in-annual-bookings-as-profit-remains-elusive-ahead-of-IPO–28018308/?countview=0
newfags are spergs
Alphabet unit seeks share of property taxes for Toronto smart city
TORONTO (Reuters) - Alphabet Inc's Sidewalk Labs unit is proposing it get a share of property taxes, development fees, and the rising value of Toronto city land as part of a deal to build a smart city, according to the company's slide presentation made public on Friday.
Sidewalk Labs, which provides urban technology infrastructure, is planning a 4.9-acre smart city along Toronto’s harbor front, a project that has already faced opposition from locals over concerns of data privacy.
Sidewalk Labs said the proposal was yet to the evaluated by Toronto city and the public and has the potential to generate around C$6 billion ($4.5 billion) to pay for the infrastructure over 30 years.
The proposal suggests that a light rail transit and infrastructure be financed by a mix of development charges, incremental property taxes and increased land value.
Sidewalk Labs outlined its project for a light railway transit, 2,500 homes where 40 percent would be below market price, and a tall-timber factory they project will create 4,000 jobs.
These would be initially financed by Sidewalk, and the company plans to recoup its investment through the various taxes, the proposals showed.
Alphabet is the parent company of Google.
"We're prepared to take the risk up front of developing a model to help make that happen, and we’re prepared to essentially get paid back when we’ve demonstrated that it can be successful," Sidewalk Labs CEO Dan Doctoroff told Toronto Star newspaper, which first reported the proposal.
https://www.marketscreener.com/news/Alphabet-unit-seeks-share-of-property-taxes-for-Toronto-smart-city–28017866/
EVEN YEARS LATER TWITTER DOESN'T DELETE YOUR DIRECT MESSAGES
(not any news for anyone here)
When does “delete” really mean delete? Not always or even at all if you’re Twitter .
Twitter retains direct messages for years, including messages you and others have deleted, but also data sent to and from accounts that have been deactivated and suspended. Security researcher Karan Saini found years-old messages found in a file from an archive of his data obtained through the website.
Saini told TechCrunch that he had “concerns” that the data was retained by Twitter for so long.
Direct messages once let users to “unsend” messages from someone else’s inbox, simply by deleting it from their own . Twitter changed this years ago, and now only allows a user to delete messages from their account. “Others in the conversation will still be able to see direct messages or conversations that you have deleted,” Twitter says in a help page. Twitter also says in its privacy policy that anyone wanting to leave the service can have their account “deactivated and then deleted.” After a 30-day grace period, the account disappears and along with its data.
https://techcrunch.com/2019/02/15/twitter-direct-messages/