News for hackers. Stuff that matters.
Re:Uber Turns to Saudi Arabia for $3.5B Cash Infusion by vonklaus on Wednesday June 01, 2016 @09:53PM (#11819819)
my thought for the last couple years has been they are an information arbitrage/market maker probably similar to AMZN. I also have to imagine they are working on a self driving car.

On top of engineering spend they are basically at war with every single place they move into and refuse to go public. They can't continue to be just ride sharing when self-driving cars come out, so they need to capture that market (or some market) another way

Re:Uber Turns to Saudi Arabia for $3.5B Cash Infusion by eru on Wednesday June 01, 2016 @11:38PM (#11820197)
> On top of engineering spend they are basically at war with every single place they move into [...]

You mean with every single jurisdiction they move into? (Customers and drivers seem reasonably happy. At least they are not at war.)

Re:Uber Turns to Saudi Arabia for $3.5B Cash Infusion by vonklaus on Thursday June 02, 2016 @12:45AM (#11820427)
Correct, city, state and to some extent federal law. As well as various international companies and the international regional equivalents