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Uber Missed Being in the Lead on Food Delivery, Says Former Exec

Jun.12 — Shares of Just Eat Takeaway plunged since announcing it plans to buy Grubhub for $7.5 Billion in an all-stock deal, bringing the European food-delivery company into the brutally competitive U.S. Market. Uber had been in talks to buy Grubhub, but it didn’t happen. Uber Shareholder and Former Chief Business Officer Emil Michael discusses…

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Jun.12 — Shares of Just Eat Takeaway plunged since announcing it plans to buy Grubhub for $7.5 Billion in an all-stock deal, bringing the European food-delivery company into the brutally competitive U.S. Market. Uber had been in talks to buy Grubhub, but it didn’t happen. Uber Shareholder and Former Chief Business Officer Emil Michael discusses what he says was Uber’s massive strategic failure in not trying to own U.S. food delivery earlier. He speaks exclusively on “Bloomberg Technology.”

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4 Comments

4 Comments

  1. Cameron Cowan

    June 12, 2020 at 11:21 pm

    Who still uses grubhub? If anything Uber has to worry about DoorDash but most people I know use Uber Eats…

  2. Doug InOrlando

    June 13, 2020 at 2:02 am

    Emily has such a beautiful name … naturally poetic. But then it could be observer bias because Emily’s voice is like poetry, beautiful flowing rhythm with so much sincere feeling. She is a joy to hear.

  3. Adam Gordon

    June 13, 2020 at 2:21 pm

    Not sure this guy should be smirking about leaving Uber after going to a strip club..

  4. Guilber Sorto

    June 13, 2020 at 4:31 pm

    I love how uncomfortable this guy gets

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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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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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