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Buz Investors Alphabet Self-driving Car Unit Alphabet's self-driving project Waymo is seeking an injunction to block Uber from using self-driving operations. Market News 

Alphabet Self-driving Car Unit Seeks Injunction Against Uber

Alphabet Self-driving Car Unit Seeks Injunction Against Uber Buz Investors Alphabet Self-driving Car Unit Alphabet’s self-driving project Waymo is seeking an injunction to block Uber from using self-driving operations. The motion for the injunction comes a few weeks after Waymo filed a lawsuit against Uber and the head of its self-driving division Anthony Levandowski accusing of theft of a key technology system. Levandowski had joined Uber when the ride-hailing service acquired his startup, Otto, last year. OTHER STORIES BUZ TRADERS FOLLOW $MCIG ANNOUNCES PRELIMINARY RECORD NUMBERS FOR THIRD QUARTER INVESTORS…

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Buz Investors Chances of an Uber IPO When it comes to public relations, you really can’t do much worse than Uber Technologies Inc. Market News 

What Are the Chances of an Uber IPO in 2017

Will Uber IPO in 2017? Buz Investors Chances of an Uber IPO  When it comes to public relations, you really can’t do much worse than Uber Technologies Inc. The Uber valuation, ahead of its eventual initial public offering (IPO), now sits at a monstrous $66.0 billion, while the Uber IPO date is still very much in the air. But, even with all the gaudy numbers and accompanying IPO excitement, all Uber can ever seem to do in the public’s eye is, well, mess up. People should be wondering “will Uber IPO in…

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Buz Investors Uber Trump FaceOff In the latest round of Uber IPO news, Uber Chief Executive Travis Kalanick pledged $3.0 million to help drivers impacted by the Donald Trump immigration order after facing public backlash over Uber’s decision to continue running its services despite a taxi strike at Kennedy International Airport. Market News 

Will Uber Trump FaceOff Impact Uber IPO and Uber Stock?

Will Uber Trump FaceOff Impact Uber IPO and Uber Stock? Buz Investors Uber Trump FaceOff In the latest round of Uber IPO news, Uber Chief Executive Travis Kalanick pledged $3.0 million to help drivers impacted by the Donald Trump immigration order after facing public backlash over Uber’s decision to continue running its services despite a taxi strike at Kennedy International Airport. Travis Kalanick posted on his Facebook page that Uber would create a $3.0 million legal defense fund to help drivers affected by the Trump immigration order. The fund is created…

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Uber Stock: This One Number Could Be Huge for an Uber IPO Market News 

Uber Stock: This One Number Could Be Huge for an Uber IPO

Uber Stock: This One Number Could Be Huge for an Uber IPO Buz Investors Huge for an Uber IPO  Uber Technologies Inc. has possibly one of the most hyped initial public offerings (IPOs) ever. Some are putting valuations of the company past $69.0 billion (others are more reserved, pegging it at a mere $30.0 billion).  (Source: “An Expert in Valuation Says Uber Is Only Worth $28 Billion, Not $62.5 Billion,”Bloomberg, August 17, 2016.) If and when Uber stock does go public, the Uber IPO would almost certainly be the IPO of…

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Uber AI: What Does Uber Want to Do With Artificial Intelligence? Market News 

Uber AI: What Does Uber Want to Do With Artificial Intelligence?

Uber AI: What Does Uber Want to Do With Artificial Intelligence? Buz Investors Uber AI Artificial Intelligence (AI) is one area that has been attracting lot of attention from the top technology companies for a while now. Uber Technologies Inc.has become the latest company to be bitten by the AI bug. Uber’s Chief Product Officer Jeff Holden posted on Monday that the company has opened “Uber AI Labs,” a new division dedicated to cutting-edge research in artificial intelligence and machine learning. And he had something more exciting to announce: Uber has acquired…

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Uber News: EU Court to Decide Whether Uber Is a Tech Company Market News 

Uber News: EU Court to Decide Whether Uber Is a Tech Company

Uber News: EU Court to Decide Whether Uber Is a Tech Company Buz Investors Uber News Uber Technologies Inc. will appear in the European Court of Justice on Tuesday to defend its business practices, in what is fast becoming the Groundhog Day of Uber news stories. The U.S.-based ride sharing app has faced these accusations again and again. Critics argue that it not a technology platform, but a transport company. More to the point, they say that Uber gets an unfair advantage over traditional taxis by using this sleight of hand….

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Uber Technologies Inc.: Will there be an Uber IPO in 2017? Market News 

Uber Technologies Inc.: Will there be an Uber IPO in 2017?

Uber Technologies Inc.: Will there be an Uber IPO in 2017? Uber Technologies Inc. is not publicly traded, and therefore not obliged to disclose its financial performance, but it organizes a quarterly conference call with some investors. These include some big names in the world of finance, such as Goldman Sachs Group Inc (NYSE:GS). The latest call does not suggest that investors can expect an Uber initial public offering (IPO) in 2017 or anytime soon That’s because the U.S.-based (but global) smartphone-app-based ride-sharing service managed to lose some $1.27 billion…

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Uber IPO: Does Uber-Didi Deal Clear the Way for an Uber IPO in 2016? Market News 

Uber IPO: Does Uber-Didi Deal Clear the Way for an Uber IPO in 2016?

Uber IPO: Does Uber-Didi Deal Clear the Way for an Uber IPO in 2016? Is an Uber IPO in the Works? Some have suggested that the chances of an Uber Technologies Inc. IPO (initial public offering) have increased. The opportunity for an Uber IPO—perhaps even an Uber IPO in 2016—has opened up because Uber has sold its Uber China division to competitor Didi Chuxing. The Uber-Didi deal, say analysts, is the right catalyst for the stock to list. So, will there be an Uber IPO in 2016? That’s the big…

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Why Uber is giving up on China Market News 

Uber is giving up the fight in China and joining forces with rival

Uber is giving up the fight in China and joining forces with rival Uber is giving up the fight in China and joining forces with rival Didi in an effort to reach profitability more quickly joining force Uber is giving up its ambitions of becoming a dominant force in China’s ride-hailing industry. In agreeing to sell all its operations in China to Didi Chuxing, Uber has done something unusual: concede to a rival. The value of the deal, confirmed by the company today hasn’t been revealed, but whatever that agreement,…

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