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Uber Invests $170 Million in Lime Electric Scooters

May.07 — Wayne Ting, Lime chief executive officer, discusses an investment round of $170 million by Uber Technologies Inc. in the scooter-rental company. The investment comes as a lifeline for the startup reeling from plunging customer numbers and companywide layoffs. Ting speaks on “Bloomberg Technology.”

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May.07 — Wayne Ting, Lime chief executive officer, discusses an investment round of $170 million by Uber Technologies Inc. in the scooter-rental company. The investment comes as a lifeline for the startup reeling from plunging customer numbers and companywide layoffs. Ting speaks on “Bloomberg Technology.”

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5 Comments

5 Comments

  1. CaliforniaMISC

    May 7, 2020 at 11:40 pm

    waste of money scooters are not profitable

  2. Lucky Lee

    May 8, 2020 at 12:16 am

    Lime IPO & The Economics of Scooter-Sharing firms like Bird and Scoot. Buy or Sell the Lime IPO?

  3. Mosa Letswalo

    May 8, 2020 at 12:42 am

    Nice move !

  4. Suhail Murtaza

    May 8, 2020 at 12:57 am

    Anyone interested in Start up ?

  5. Tony Tamayo

    May 8, 2020 at 1:21 am

    Everyone locks up those lime scooters, can’t even rent em

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Bloomberg Technology

Nvidia’s Magic Fades | Bloomberg Technology

Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software. ——–…

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Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Palo Alto CEO Says Regulations May Get Easier Under Trump

Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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JPM Rolls Out AI Assistant for Workers

JPMorgan Chase Chief Data and Analytics Officer Teresa Heitsenrether talks about how the company is using an artificial intelligence assistant called LLM Suite. She speaks to Bloomberg’s Caroline Hyde at the Evident AI Symposium in New York. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg…

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JPMorgan Chase Chief Data and Analytics Officer Teresa Heitsenrether talks about how the company is using an artificial intelligence assistant called LLM Suite. She speaks to Bloomberg’s Caroline Hyde at the Evident AI Symposium in New York.
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