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A new round of funding has increased Uber's valuation to around $51 billion. The New York Times cites anonymous sources in reporting that Microsoft contributed about $1 billion, "a substantial amount of the financing." As you may remember, Uber recently acquired mapping assets and talent from Microsoft's Bing search engine division. Microsoft's participation in the latest funding round may indicate a "strategic alliance" between the company and Uber.
Uber needs all the billions it can get its hands on. It has followed June's announcement of $1 billion of investment to expand in China with a new $1 billion bet - this time to expand Uber India. Uber was recently banned in Delhi after a driver allegedly raped a female passenger. The company resumed operations in January anyway, and an Indian court lifted the ban on July 8.
Uber will face tough competition in India; existing firm Ola reportedly operates twice as many daily rides as Uber in over 100 cities, and is being valued at a measly $2.4 billion.
(Score: 2) by jasassin on Monday August 03 2015, @06:00AM
I'm curious, HairyFeet, what Microsoft has to do before you stop recommending it to your customers? I understand you have awhile to keep using older versions of Windows, but I'm curious if you've began to think about recommending an alternative to Microsoft.
jasassin@gmail.com GPG Key ID: 0xE6462C68A9A3DB5A
(Score: 0) by Anonymous Coward on Monday August 03 2015, @04:45PM
They will have to pass the "HairyFeet Linux Challenge®", which is designed to change as to always keep Windows in the lead. At least I won't have to bother discussing this with him since I'm posting as AC.
(Score: 2) by Hairyfeet on Monday August 10 2015, @08:41AM
Make an alternative that actually works? the Hairyfeet challenge has stood for 8 years, that is 8 fricking years, without a single consumer Linux distro passing, why? Because Linux has a broken driver model, one so bad it makes Win98 with its VXDs look high tech and which actually PREDATES the Win9x VXDs by nearly 5 years!
So right now the choices for people whose time is actually worth something is 1.- OSX, limited soldered to the board hardware, quickly abandoned hardware, expensive software, or 2.- ChromeOS, a hipster thin clinet no better and just as limited as a SunRay from 1997....sorry, but better to have to spend an hour or two striping out the spyware than it is to waste countless hours every upgrade deathmarch with Linus' messes or be trapped into extremely limited hardware or a device that is a brick without an Internet connection.
Say what you want about Windows but Vista drivers work just fine on Windows 10 (length of support 10 years, try doing that with a Linux driver!), more than 80% of the software works OOTB for Win 10 going back a full decade, sometimes longer(try using a 10 year old Linux program like Staroffice on Linux, can't speak to OSX but I hear its backwards compatibility is pretty poor) and you get 10 years of security patches WITHOUT having to do an upgrade deathmarch. What is the average length of support for consumer Linux now...a year and a half? And IIRC you get dumped at 5 years with OSX, and Google has shown itself to be a bad joke wrt updates (abandoning devices not even 2 years old) so I'm sorry but there still not competition to speak of, unless you can actually name something that gets the same support, doesn't require multiple upgrades that break shit, has good compatibility with older drivers and software AND costs less than the $100 price of an OEM copy of Windows?
ACs are never seen so don't bother. Always ready to show SJWs for the racists they are.