Is GrubHub Making Money?

DanJenn | December 30, 2017 | Leave a comment

App-based delivery is booming these days and the food is leading the trend. Americans ordered 1.7 billion takeout meals over the past year, the NPD group calculated. The market for munchie delivery is lucrative and growing fast. Morgan Stanley...

Uber Sells Car Leasing Business and might be making money from Takeout

DanJenn | December 27, 2017 | Leave a comment

Uber’s troubles are growing, the ridesharing company has been trying to sell its Xchange Leasing program to Fair.com, The Wall Street Journal and Engadget reported. Xchange offers vehicle leases to Uber drivers, and it was not making money. A problem...

Walmart plans store with No Cashiers

DanJenn | December 22, 2017 | Leave a comment

Technological unemployment is about to get a lot worse. Walmart (NYSE: WMT) is planning a store with no cashiers. The world’s largest retailer has plans for a store where customers would simply take merchandise and walk out the door...

French Uber Rival might start Insurance Brokerage

DanJenn | November 25, 2017 | Leave a comment

France’s $1 billion-dollar Uber rival Blablacar has an interesting plan for cashing in on all the data its gathered about 50 million passengers. The ride-sharing company’s management is thinking of opening an insurance brokerage. The idea would be to...

Uber Drivers are now Employees in the UK, IPO Predicted

DanJenn | November 13, 2017 | Leave a comment

Uber just suffered a legal, operational, and existential setback in the United Kingdom that might threaten its’ initial public offering (IPO) plans. Her Majesty’s government just reclassified Uber drivers from contractors to employees, The Guardian reported. The Employment Appeal...

Uber Looses Lawsuit and Norway Battle may lose Tens of Millions in UK

DanJenn | October 11, 2017 | Leave a comment

Uber has suffered significant legal setbacks in three different countries. It looks as if the ridesharing app provider is now in full retreat on the legal front. Uber Technologies may pay $20 million to make a pesky class-action in...

Former Otto Executive also accused of Trademark Infringement

DanJenn | October 4, 2017 | Leave a comment

Self-driving car researcher and former Uber executive Anthony Levandowski might not even own the name Otto Motors. Otto was the self-driving truck company Levandowski sold to Uber Technologies Inc. for $680 million last year. A Canadian company named Clearpath...

Disgraced Otto Founder wants to worship AI as God

DanJenn | September 30, 2017 | Leave a comment

Silicon Valley bad boy Anthony Levandowski has started his own religion that will worship artificial intelligence (AI) as “God.” Court documents identify Levandowski as the CEO and President of an organization called “Way of the Future,” Wired reported. The...

Uber Thrown out of London

DanJenn | September 23, 2017 | Leave a comment

Uber has suffered one of its greatest defeats ever, the ride-hailing service has been effectively thrown out of London. Transport for London yanked Uber’s license to operate in the British capital on 22 September 22, 2017, because the ride-hailing...

Is Expedia Making Money?

DanJenn | September 22, 2017 | Leave a comment

If you have been watching the news lately, you might have noticed that Expedia (NASDAQ: EXPE) CEO Dara Khosrowshahi has been tapped to clean up the mess at Uber. That got me to wondering does Expedia make money and...

Car Insurance Samurai

Reflection of Market Mad House

Uber

Is GrubHub Making Money?

Uber Sells Car Leasing Business and might be making money from Takeout

Walmart plans store with No Cashiers

French Uber Rival might start Insurance Brokerage

Uber Drivers are now Employees in the UK, IPO Predicted

Uber Looses Lawsuit and Norway Battle may lose Tens of Millions in UK

Former Otto Executive also accused of Trademark Infringement

Disgraced Otto Founder wants to worship AI as God

Uber Thrown out of London

Is Expedia Making Money?