Dave Lee

4 results

Uber Eats:  the company is  has access to  $8.2 billion of cash and cash equivalents, according to a filing last week. Photograph: Don Emmert/AFP/Getty

Uber has approached Grubhub about a takeover that would create the largest meal delivery company in the US at a time of surging demand from consumers (...)

Uber is to cut 3,700 jobs, roughly 14 per cent of its corporate workforce, blaming the drop in business because of coronavirus

Uber is to cut 3,700 jobs, roughly 14 per cent of its corporate workforce, blaming the drop in business because of coronavirus. In a staff memo seen (...)

Workers prepare customer orders for dispatch as they work around goods stored inside an Amazon.co.uk fulfillment centre in Peterborough, central England. Photograph: Chris J Ratcliffe/AFP via Getty Images.

Amazon is temporarily blocking shipments to its warehouses in the US and Europe of all items other than household essentials, medical supplies and sim(...)

Jeff Bezos now owns about 11 per cent of Amazon, the company he founded in 1994, and which recently exceeded a market capitalisation of $1 trillion.

Amazon founder Jeff Bezos has sold almost $3.5 billion (€3.2 billion) worth of shares in the company over the course of the past week. Beginning on J(...)