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Uber Reports $5.9 Billion Net Loss in Q1 2022 Despite Double Growth in Ride-Share Business

Uber shares skidded Wednesday after the company said it was hit with a big loss in the first three months of this year despite a rebound in its ride-share business.Quarterly revenue at Uber's rides unit nearly tripled year on year to $2.5 billion (roughly Rs. 19,066 crore), topping the sum taken in from its food-delivery service for the first time since the pandemic prompted a boom in people ordering meals in. But despite overall revenue more than doubling compared to the same period last year, Uber logged a net loss of…

Britney Spears And Sam Asghari Devastated After Loss Of Baby

Britney Spears announced last month only that she is expecting her first child with fiance Sam Asghari. However, things didn’t go well and the si ger has a miscarriage. Recently, Britney Spears and Sam Asghari have announced that they suffered a pregnancy loss. Britney shared the news on Saturday, May 14, while noting, “It is with our deepest sadness we have to announce that we have lost our miracle baby early in the pregnancy.” The singer continues, “This is a devastating time for any parent. Perhaps we should have…

Britney Spears Announces Loss of Baby During Pregnancy

Britney Spears and Sam Asghari have announced that they’ve lost their “miracle baby” during her pregnancy. In a joint Instagram post, the couple shared the news with the “deepest sadness.” Asghari commented on the post that the pair will “have a miracle soon.”“This is a devastating time for any parent,” the couple wrote. “Perhaps we should have waited to announce until we were further along, however we were overly excited to shared the good news. Our love for each other is our strength. We will continue trying to expand…

Emirates Airline, stung by soaring fuel prices, posts $1.1 billion dollar loss

Aircraft operated by Emirates, at Dubai International Airport in the United Arab Emirates.Christopher Pike | Bloomberg | Getty ImagesDubai's Emirates Airline posted a loss of $1.1 billion in the year through March, up from a $5.5 billion loss the previous year, despite soaring jet fuel costs which threaten to overshadow a nascent recovery in the global aviation sector.The world's largest long haul carrier said Friday that revenue jumped 91% to $16.1 billion dollars, helping to narrow its losses, as travel lockdowns eased…

‘I need a life-changing win’: Princess Diaries star Heather Matarazzo says she is ‘at a f***ing loss’ over career struggles

The Princess Diaries star Heather Matarazzo has said she is “at a f***ing loss” as to her next career move.Matarazzo, 39, is best known for playing Lilly Moscovitz, the sweet, dorky best friend of Anne Hathaway’s Mia Thermopolis in The Princess Diaries. She has also appeared in The L Word, Grey’s Anatomy and the latest Scream movie.But in a series of tweets this week that she has now deleted, Matarazzo said her career had not gone the way she had hoped.“I have hit my limit with Life today,” she wrote in one post,…

‘I told Jackie Chan, your loss, my bro!’: how Everything Everywhere gave Michelle Yeoh the role of a lifetime | Film

It was the butt-plug fight sequence that finally broke her, says Michelle Yeoh. Best not to spoil the surprise any further, but her new comedy, Everything Everywhere All at Once, throws the veteran actor into a multitude of absurd and unorthodox situations: downing a whole bottle of orangeade then copiously throwing up; having hotdogs instead of fingers; spanking the co-director, Daniel Scheinert, in an S&M get-up. And she loved every minute of it. “I was doing things that I never dreamed of doing!” Yeoh enthuses over…

WeWork Loss Narrows as Desk Sales Reach Prepandemic Levels

WeWork Inc.’s first-quarter loss narrowed sharply as gross desk sales reached prepandemic levels with the gradual return of employees in the U.S. to in-person work. The shared-office company said Thursday its top line rose 28% from a year ago, with 166,000 desks sold, the highest level since the first quarter of 2020. Revenue was higher than WeWork’s forecast for the period and the company raised the low end of its revenue outlook for the year. The results are the latest…

SoftBank Reports $13 Billion Annual Loss, Hit by Tech-Share Slump

“The world is in a chaotic situation,” said Chief Executive Masayoshi Son, citing Covid-19 and Russia’s invasion of Ukraine. “In this chaotic world, the approach we at SoftBank should take is defense.” The comment came after SoftBank reported a net loss of ¥1.71 trillion, equivalent to $13.2 billion, for the fiscal year that ended March 31. That was its biggest full-year loss, topping a record set two years ago, and followed a nearly ¥5 trillion net profit the previous fiscal year.…

SoftBank Vision Fund posts record $27 billion loss as tech stocks dive

SoftBank Founder Masayoshi Son said there is "confusion in the world" and in the markets due to a number of factors including Russia's invasion of Ukraine, high inflation and central bank moves to raise interest rates. These factors have contributed to a record annual loss at SoftBank's Vision Fund.Kentaro Takahashi | Bloomberg | Getty ImagesSoftBank on Thursday reported a record loss at its Vision Fund investment unit, as technology stocks have been hammered by rising interest rates and Beijing's regulatory crackdown has…