After announcing on Monday its plan to buy Postmates for $2.65 billion, Uber says its confident that the acquisition will help it become profitable by 2021, even as its ride-sharing business continue…
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Month: July 2020
Grandiosity, The Killer-White Whale
The World Trade Center during Operation Sail on July 4, 2000 in New York. Photo by Chris … [+] Hondros/Newsmakers. Getty Images I was always attracted to frugal operators like Larry Tisch who bus…
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This Recession Is Different, But That’s No Reason To Fear
This recession is different, but different isnt necessarily a disaster. Financial expert and market analyst John Mauldin says the recession of 2020 is unique. In the first place, by any metric its w…
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Should Elon Musk (One Copycat) Call Jeff Bezos A Copycat?
It is always interesting to read about Musk and Bezos perhaps two of the greatest entrepreneurs of the last 20 years. They are in the same pantheon as Steve Jobs. These two entrepreneurs are among …
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Tesla shares surge 10% as strong deliveries drive profit optimism – Reuters
(Reuters) – Shares of Tesla (TSLA.O) surged 10% to a record high on Monday, extending their rally to nearly 40% in five sessions after analysts raised their price targets on the electric car maker fo…
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