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He's sold around $2.5 billion in Uber stock since his lock-up expired. → Read More
Masayoshi Son has nearly fulfilled his $50 billion investment pledge. Proving that the money has resulted in 50,000 jobs is much harder, and his biggest investments are laying off thousands. He’s got one more year to fulfill his promise. → Read More
Honey had previously appeared on Forbes’ 2018 Next Billion-Dollar Startups list with an estimated $100 million in revenue for 2018. → Read More
WeWork's co-working IPO collapsed. Bungalow claims its co-living business is a different beast entirely. → Read More
With his acquisition of Starwood three years ago, Arne Sorenson created the world’s largest hotel empire. Globally, 20% of new hotel rooms being built are now Marriott properties—and Sorenson still thinks his company isn’t big enough. → Read More
Airbnb plans to verify all of 7 million listings on its platform and will refund guests if it doesn't meet expectations. It will also manually review any suspicious reservations. → Read More
Peloton closed down 7% after its first earnings report as Wall Street shows no tolerance for money-losing companies. → Read More
Uber's business is growing, but it's still a money-losing machine. → Read More
It's a battle between Postmates, Uber Eats, Grubhub and DoorDash and the new area to win is in the restaurant. → Read More
Here's the drone design Uber Eats will use to deliver food. → Read More
Watch out Airbnb. Uber launched a new experiment called Uber Moments, which lets customers book ramen-making classes or a five-course dinner directly through the app. → Read More
Investors aren't done funding the scooter craze. → Read More
The data breach includes the last four digits of credit card numbers, order history and addresses of some customers who joined before April 5, 2018. → Read More
Your Uber app will soon have a new look as Uber tests combining Eats and Rides into the same app. → Read More
Peloton cofounder John Foley says 400 investors turned down his idea of an Internet-connected fitness bike. Now he has to convince public investors of the same thing. "We're on the first out of the first inning of where we want to take this business," he says. → Read More
Postmates is receiving another cash injection as the San Francisco-based delivery service prepares to go public. → Read More
Ride-sharing helped its business take off, but the company is now processing background checks for retailers like Hot Topic to staffing agencies like Adecco: a total of 42 million reviews and counting. → Read More
Music publishers are continuing to fight Peloton over how it uses music in its workout classes. → Read More
Uber won't reclassify its drivers from independent contractors to employees. → Read More
The celebrity megaphone helped Postmates survive the early shakeout among food delivery startups by broadcasting an image of hip affluence to Millennials in cities like L. A. and Miami. → Read More