Uber
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techCorporate America Begins Rationing AI as Costs Skyrocket Beyond Expectations
Major U.S. firms cut AI use after costs surpass human labor, with some facing $500M monthly bills and budget depletion.
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techUber Burns Through 2026 AI Budget in Four Months, Questions ROI
Uber exhausted its 2026 AI budget by April. Executives question AI spending effectiveness despite high adoption rates.
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financeBill Ackman’s Pershing Square Pours $2.09 Billion into Microsoft, Dumps Uber and Alphabet
Pershing Square’s fresh 5.65 million share stake makes MSFT its fourth-largest holding, while slashing Uber, Alphabet, and Meta positions.
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techMicrosoft Cancels Claude Code Licenses Amid Surging AI Costs
Microsoft ends Claude Code pilot after costs surge, shifting to GitHub Copilot CLI as industry moves to usage-based AI billing.
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techUber Expands Into Hotels As Delivery Nears Mobility In Size
Uber partners with Expedia to add hotel bookings, leveraging its massive delivery business and Uber One membership to become a travel platform while defending against commoditized rides.
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financeCorporate America Shatters Earnings Records, Fueling Historic Rally
84% of S&P 500 companies beat Q1 earnings estimates, driving the index to record highs and signaling broad-based economic strength.
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financeLime Files for IPO Amid Debt and Liquidity Concerns
Lime files for IPO to repay debt and fund operations amid profitability and liquidity risks.
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techRivian Developing More R2 Variants, CEO RJ Scaringe Confirms
Rivian's CEO hints at new R2 variants like the R2X, while the company considers in-house lidar and prepares for Georgia plant production.