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Uber Beats Estimates; Lyft Rider Base in Focus

DA Davidson & Co Senior Research Analyst Tom White joins Caroline Hyde and Ed Ludlow to discuss Uber’s fourth quarter earnings beating estimates, how the ride-hailing company was able to buck the trend, and what to expect from Lyft’s upcoming earnings. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full…

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DA Davidson & Co Senior Research Analyst Tom White joins Caroline Hyde and Ed Ludlow to discuss Uber’s fourth quarter earnings beating estimates, how the ride-hailing company was able to buck the trend, and what to expect from Lyft’s upcoming earnings.
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2 Comments

2 Comments

  1. Rideshare Otter

    February 9, 2023 at 1:12 am

    Uber changed their pay to the drivers. Instead of a calculable formula like Miles+minutes they new AI “learning” algorithm does some secret “voodoo” economic calculations’ and then offers the drivers an upfront price. 80% of the drivers don’t know their cost to drive so they take every ride offered which leads them to take value out of their privately owned vehicle… Normally these low information drivers that take every ride that the algorithm feeds them only drive rideshare for about 3 to 6 months before they lead the hard way they are losing money. #knowyourworth

  2. Rideshare Otter

    February 9, 2023 at 1:22 am

    As for Lyft … I drove exclusively for Lyft for years because they were better for drivers. HOWEVER! now they are charging passangers insane prices and still giving the drivers they same pay they did back when I started in 2016 … oh way … they started the upfront pay for drivers also … which is a camouflaged pay cut … LYFT is NOT worth bothering with. Hard PASS!

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Bloomberg Technology

Musk’s New Efficiency Role, Bitcoin Passes $90K | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Elon Musk’s new role under President Trump, co-heading a newly created task force called the Department of Government Efficiency. And Bitcoin rises ever higher, blowing past $90K. Plus, food delivery platform Swiggy makes a big splash in India’s trading debut. ——– “Bloomberg Technology” is our daily news program…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Elon Musk’s new role under President Trump, co-heading a newly created task force called the Department of Government Efficiency. And Bitcoin rises ever higher, blowing past $90K. Plus, food delivery platform Swiggy makes a big splash in India’s trading debut.
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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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Bloomberg Technology

Bitcoin Surges Past $90K

Jalak Jobanputra, founder and managing partner of Future Perfect Ventures, discusses the unleashed pent-up demand for cryptocurrencies after Trump’s election win. She speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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Jalak Jobanputra, founder and managing partner of Future Perfect Ventures, discusses the unleashed pent-up demand for cryptocurrencies after Trump’s election win. She speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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Breaking Down Language Barriers With AI

DeepL CEO Jarek Kutylowski discusses the use of large language models in translating the spoken language. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:  …

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DeepL CEO Jarek Kutylowski discusses the use of large language models in translating the spoken language. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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