Spotify is pulling out of Russia, citing a new law that threatens jail time for spreading "fake news" about the country's armed forces. Read more.
Tags : uber
Disney reported fiscal first-quarter results Wednesday, beating analysts' estimates on earnings per share and revenue. Read more.
Uber reported its third-quarter results after the bell on Thursday. After an initial decline, shares rose about 1% in after-hours trading. Uber reported a net loss of $2.4 billion for the quarter, largely due to a decline in the value of its investments, particularly in Didi. Read more.
As customers gradually hail more rides after a year of pandemic restrictions, Uber Technologies Inc's and Lyft Inc's recovery story is clouded by driver shortages and regulatory threats. Read more.