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Google, Uber, IBM among several US firms willing to share resources to help India fight coronavirus outbreak
Business

Google, Uber, IBM among several US firms willing to share resources to help India fight coronavirus outbreak

Resources to fight COVID-19 range from providing free digital education platform, donating face masks, boosting up ventilator production to converting shipping containers into ICU.

Uber unveils IPO with warning it may never make a profit; operating expenses to increase significantly in future
Business

Uber unveils IPO with warning it may never make a profit; operating expenses to increase significantly in future

Although Uber's user base includes customers of other services as well as ride-sharing, Uber’s 91 million is nearly five times the 18.6 million announced by rival Lyft Inc.

Sachin Bansal invests Rs 650 cr in Ola, move to give ride-hailing firm more ammo to compete with Uber
Business

Sachin Bansal invests Rs 650 cr in Ola, move to give ride-hailing firm more ammo to compete with Uber

Sachin Bansal, who founded Flipkart over a decade ago with Binny Bansal, had quit after US retail behemoth Walmart picked up 77 percent stake in the Indian e-commerce company for $16 billion

Uber chief Travis Kalanick quits Donald Trump's business council
World

Uber chief Travis Kalanick quits Donald Trump's business council

San Francisco: Uber chief executive Travis Kalanick has quit US President Donald Trump's business advisory group, as a movement grew to dump the ride-sharing service because of his connection to the new administration.