Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares

Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by astrodust on Thursday November 30, 2017 @01:32PM (#15818212)

That seems like an absurdly high number of employees for what's basically a taxi company, especially considering their drivers aren't employees.

That's roughly as many employees as Apple had in 2005, a company that was making laptops, desktops, servers, wireless routers, portable audio players, and entire operating systems.

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Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by mrgordon on Friday December 01, 2017 @02:31AM (#15822522)

Self driving cars and operations eat a lot of staff

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Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by astrodust on Friday December 01, 2017 @11:20AM (#15824793)

It's not even clear why self-driving is an important pursuit at this point for a company like Uber. They're going to blow through billions on this and someone else will come in with a solution that just works.

I doubt a scrappy "startup" like Uber can beat companies like Toyota, Volkswagen, GM, Google or even Apple to market with a viable, certified self-driving car. They have, at best, a few billion left to dump into that venture. Those big companies could throw in ten times that if they wanted to.

Maybe someone needs to disrupt Uber. Go Lyft!

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