Tag: uber

Nvidia expects slowdown

The chipmaker Nvidia has warned of trouble ahead and that it is pulling back on new hiring.

The move lines up with its comments during its latest earnings release when it said that it expects sales of GPUs for gaming consoles and PCs to decline in the current quarter.

CEO Jensen Huang said that while Nvidia had a solid previous quarter, with revenue up 46 per cent over last year to $8.29 billion and was “gearing up for the largest wave of new products in our history” with new GPU, CPU, DPU and robotics processors coming online in the second half of the year, it is expecting to see lower revenue.

Word on the street is that the company appears to be bracing for a slowdown and the leaders want to want to take a pause to onboard the “thousands of new hires we’ve recently made”.

Nvidia is not the only one – Lyft, Uber and Snap, have announced hiring slowdowns. Nvidia was expected to weather events due to continued strong demand in the GPU market that has kept prices high and supply short.

Germany bans not quite Uber alles

Screen Shot 2015-03-18 at 16.23.53A German court has ordered taxi service Uber to stop operating commercial services and threatened severe fines if the company breaches any transport laws.

A Frankfurt regional court said that if Uber broke the order, it would be fined 250,000 Euro, according to Reuters.

The Frankfurt court hasn’t stopped Uber from operating its service for taxis and limos.

Uber said it will appeal against the decision with its German general manager saying it regretted the decision the court made.

Aber will continue to offer its UberBLACK and UberTAXI services in Germany.

A company called Taxi Deutschland filed the suit against Uber because it would replace qualified taxi driers with unlicensed casual workers.

The judges appear to believe that Uber doesn’t just violate German laws, but European laws too.

 

Uber wants to dig up dirt on journalists

muckrakers_placque_8_x_5Online taxi outfit Uber has decided that the best way to win the hearts and minds of people is to research into the lives of journalists who write nasty stories about them.

Uber is having problems with countries banning its service and it blames journalists writing nasty stories about them.

Now  a senior executive at Uber suggested to Buzzfeed  the company should consider hiring a team of opposition researchers to dig up dirt on its critics in the media.

Emil Michael is specifically keen to spread details of the personal life of a female journalist who has criticised the company.

Michael said he made the comments in a conversation he believed was off the record. In a statement through Uber Monday evening, he said he regretted them and that they didn’t reflect his or the company’s views.

Uber’s relationship with the media and the image of its management team, is not the best.  They have  been cast as insensitive and hyper-aggressive.

Michael, who has been at Uber for more than a year as its senior vice president of business, told of his plans at a dinner party attended by an influential New York crowd including actor Ed Norton and publisher Arianna Huffington. The dinner was hosted by Ian Osborne, a former adviser to British Prime Minister David Cameron and consultant to the company.

At the dinner, Uber CEO and founder Travis Kalanick made the case that he has been miscast as an ideologue and as insensitive to driver and rider complaints, while in fact he has been  building a transformative company.

Michael said talked about spending “a million dollars” to hire four top opposition researchers and four journalists to help Uber fight back against the press.  Apparently they would look into “your personal lives, your families,” and give the media a taste of its own medicine.

Michael was particularly focused on Sarah Lacy, the editor of the Silicon Valley website PandoDaily, who recently accused Uber of “sexism and misogyny.” She wrote that she was deleting her Uber app after BuzzFeed News reported that Uber appeared to be working with a French escort service. “I don’t know how many more signals we need that the company simply doesn’t respect us or prioritize our safety,” she wrote.

Michael was furious and said that women are far more likely to get assaulted by taxi drivers than Uber drivers. He said that he thought Lacy should be held “personally responsible” for any woman who followed her lead in deleting Uber and was then sexually assaulted.

Uber’s dirt-diggers, Michael said, could expose Lacy. They could, in particular, prove a particular and very specific claim about her personal life.

Michael at no point suggested that Uber has actually hired opposition researchers, or that it plans to. He cast it as something that would make sense, that the company would be justified in doing.