Thursday, 16 August 2018

Uber told by investors to sell self-driving unit: The Information

Investors have told Uber Technologies Inc [UBER.UL] it would be wise to sell off its self-driving car unit after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue.


from Reuters: Technology News https://ift.tt/2nF4fmP
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