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Tag Archives: Losses

Uber losses are mounting, can it keep growing?

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Uber is one of those companies that has always lost money. It survives purely on continued investment because it’s a good idea. That means it’s worth tens of billions of pounds, despite making catastrophic losses. The question is, can it keep it up? The latest report suggests that Uber lost …

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Copyright lobby group spends 15 times more than it pays to artists

Copyright lobby groups that hope to push pirates and organisations that it feels benefit unfairly from piracy, to pay up, ostensibly do so because they care about the artists they represent. In practice though, that ideal rarely plays out. Take Rightscorp for example, which recently published its quarterly financial reports, only …

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Amazon shares drop after near half billion loss announcement

Amazon might have spent much of this quarter aggressively expanding and introducing new services like Prime member streaming music and same-day deliveries in the UK, suggesting growth and prosperity, but its books paint a much less successful picture of the same period. According to the latest earnings report, Amazon lost …

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