science / science - 5 years ago
Lyft’s revenue is exploding, but so is its net loss. Like many IPO candidates the San Francisco-based company has never turned a profit. Under the potential risk factors listed in its filing with the Securities and Exchanges Commission, Lyft warns...
science / science - 5 years ago
Lyft is seeking to raise as much as $2.1 billion in an initial public offering valuing the ride-hailing company at about $20 billion. Lyft’s executives, in the video seen by Bloomberg, tout their San Francisco-based company as a founder-driven start...
science / science - 5 years ago
On Thursday, Lyft told a roomful of potential shareholders to expect expenses to decline next year, according to people who were present. Lyft executives answered questions at an event for investors in New York.
science / science - 5 years ago
What you (and your guac) need to know.
science / science - 5 years ago
NASA has released images of a huge meteor that exploded over Earth last yearwith more than 10 times the energy of the atomic bomb dropped on Hiroshimaduring World War II
science / science - 5 years ago
Charles Tillman Building Boat to Cross Lake Michigan for Charity
science / science - 5 years ago
This is a re-post from Yale Climate Connections by Karin Kirk Energy use is the biggest cause of climate change, and it’s the first place to enact meaningful strategies to lower greenhouse emissions. It’s also a smart angle for talking ab...
science / science - 5 years ago
Oil prices were steady on Monday, with concerns of a sharp economic slowdown competing with support from tighter supply due to OPEC's production cutbacks and U.S. sanctions on Iran and Venezuela. Brent crude oil futures were down 7 cents, or 0.1 per...
science / science - 5 years ago
The second-largest, second-deadliest Ebola outbreak in history has exceeded 1,000 cases in less than nine months. A total of 1,009 people have reported symptoms of hemorrhagic fever in the Democratic Republic of the Congo's northeastern provinces of...
science / science - 5 years ago
In a telephone interview with Reuters, Gates was optimistic about the global plan to eradicate the paralyzing viral disease, but said Afghanistan's conflict and power struggles hamper progress. "The big issue there is always with the Taliban," said...
science / science - 5 years ago
Naspers chose Euronext Amsterdam to list a business that includes its 31 percent holding in Tencent, as well as investments in Russian internet platform Mail.Ru, German food delivery business Delivery Hero and Indian e-commerce startup Swiggy. The l...
science / science - 5 years ago
In the recommendation to European capitals due to be unveiled on Tuesday, member states will be given several months to report to the EU potential cyber threats to the 5G network in their home markets, according to a person familiar with the matter....
science / science - 5 years ago
Son, speaking at the Milken Institute conference in Tokyo, said he was close to striking a deal to acquire 30 percent of the U.S. e-commerce pioneer with Chief Executive Officer Jeff Bezos in its early years. Son offered $100 million, but Bezos insi...
science / science - 5 years ago
British drugmaker AstraZeneca Plc said on Monday the European Commission approved its diabetes drug Forxiga for use as an oral supplement to insulin in adults with a rare type of the disease. Forxiga can now be used along with insulin in patients wi...
science / science - 5 years ago
The U.S. ride-hailing giant will pay $1.4 billion in cash and $1.7 billion in convertible notes for Careem, the people said, asking not to identified because the talks are private. The notes will be convertible into Uber shares at a price equal to $...