Remove .Net Remove 2020 Remove Sustainability
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Will ride-hailing profits ever come?

TechCrunch

Uber and Lyft lost a lot of money in 2020. billion in 2020. billion in 2020. billion in 2020 , an improvement from its 2019 loss of $8.51 However, if you lean on Uber’s definition of adjusted EBITDA, its 2019 and 2020 losses fall to $2.73 But the decline in demand harmed both companies. billion and $2.53

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Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service

TechCrunch

After taking a majority stake in Havn, the Jaguar-hatched electric car service in London, in February, Blacklane said that it will be using this latest round of funding to continue expanding sustainable travel initiatives, and to continue expanding its existing business with more flexible options for riding.

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e& and Huawei Launch Middle East’s First Net-zero 5G Massive MIMO Site

CIO

At the recent UN Climate Change Conference (COP28), Huawei and e& announced the inauguration of the region’s ground-breaking net-zero 5G massive MIMO site, setting new benchmarks in sustainability and technological innovation. Massive MIMO technology, the cornerstone of 5G, improves capacity, coverage and user experience.

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Digital mining for sustainability in a low-carbon economy

CIO

Since the Paris Agreement was signed in 2015, businesses have been taking part to contribute in pursuing net zero and achieve emission reduction targets. Sustainability performance information could only be gleaned by using a manual system to collect, consolidate, and analyze data. million in costs.

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Affirm files to go public

TechCrunch

Growth and a path to profitability has been a winning duo in 2020 as a number of unicorns with similar metrics have seen strong pricing in their debuts, and winsome early trading. Affirm joins DoorDash and Airbnb in pursuing an exit before 2020 comes to a close. million in fiscal 2020, up 93% from the year-ago period.

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Accelerate Sustainable Digital Transformation in the Oil & Gas Industry

CIO

In response, oil and gas majors are making headway in terms of carbon reporting, net-zero targets, and accountability. Innovation underpins corporate sustainability efforts. In this article, we’ll share opportunities for oil and gas companies to increase sustainability while achieving other business benefits.

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Better.com CEO Vishal Garg steps back as employees detail how he ‘led by fear’

TechCrunch

It also acknowledged that it had engaged “an independent 3rd party firm to do a leadership and cultural assessment,” the results of which would be “taken into account to build a long-term sustainable and positive culture at Better.”. million as determined by the Board based on his 2020 performance,” the S4 filing said.

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