Bloomberg Technology
Sharing Economy Businesses Are Cutting Jobs Amid Pandemic
Apr.29 — Uber Technologies Inc. ‘s chief technology officer Thuan Pham stepped down Tuesday amid reports of possibel job cuts. Lyft, Inc. is letting go of 17% of its workforce, and cutting pay for remaining staff. Scooter-sharing startup Lime is cutting as many as 190 workers. Bloomberg’s Lizette Chapman reports on “Bloomberg Technology.”
Bloomberg Technology
Flow Engineering Raises $50M to Bring AI to Hardware
As AI is moving beyond software and deeper into the physical world, Flow Engineering just raised $50 million at a $750 million valuation to help companies use AI agents to design and build hardware. Flow Engineering founder and CEO Pari Singh and Roelof Botha, Flow investor and board member – formerly at Sequoia Capital –…
Bloomberg Technology
OpenAI’s $30B Bet, Trump’s AI Safety Shift and Apple’s Next Act
Bloomberg’s Ed Ludlow breaks down OpenAI’s plan to raise at least $30 billion from investors in a new round of funding after pushing back its plans for an IPO. Plus, President Trump supports using outside auditors to assess the safety of AI systems after meeting with Silicon Valley leaders; and Apple keeps pushing the envelope…
Bloomberg Technology
Saronic CEO: ‘Speed Is Everything’ in Shipbuilding
Saronic is breaking ground on what it says will be the largest and most advanced shipyard in America. Saronic co-founder and CEO Dino Mavrookas joins Ed Ludlow to discuss how its Port Alpha in Brownsville, Texas, is at the center of the defense tech company’s push to rapidly scale production of autonomous ships. He speaks…
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alicia burney
April 29, 2020 at 11:53 pm
????‼️????
CaliforniaMISC
April 30, 2020 at 12:14 am
no more cheap or subsidized rides and less pay for drivers
Joe Bloe
April 30, 2020 at 12:14 am
I feel so sorry for poor Emily Chang about loosing her job?
Juan Ok
April 30, 2020 at 12:22 am
Who cares brrrrrr lol the economy is fake the fed is real
Juan Ok
April 30, 2020 at 12:25 am
Lime and bird app are stupid companies $200 million to rent scooter to kids wtf