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2 December 2016 / SF News / Caleb Pershan

Day Around The Bay: Uber Loses $2 Billion A Year, Report Claims, As Passengers Pay Just 41% Of Ride Costs



  • Follow SFist on Twitter and Instagram, and like us on Facebook. You can also get the top stories mailed to you—sign up here.

  • Most people know that Uber has been losing lots of money for some time, and a new report confirms that trend, noting that Uber is likely losing $2 billion a year with riders paying a subsidized price that amounts to 41% of any given fare. [Business Times]

  • Watch a friendly otter hop into a Moss Landing kayak and be, finally, at peace. [KRON4]

  • GLAAD announces Trump Accountability Project. [AdWeek]

  • Have startups prioritized diversity at last? No. [CNET]

  • BUT the next Apple Watch could have a circular display, so there's that! [CNET]

  • What about removing seats on BART to fit more passengers? It doesn't work like that, says BART board. [Ex]

  • A Stockton prison is raffling off an AR-15, among other cool prizes. [CBS 5]

  • The Internet Archive has successfully fought off a weird and kind of crazy FBI gag order. [The Intercept]

  • Chronicle architecture critic John King has some improvement ideas for the Palace of Fine Arts: Allow him: [Chronicle]

  • A federal judge in San Francisco today allowed the ACLU to move forward with a lawsuit against the federal government: That challenges government contracts providing services to unaccompanied female minors who cross the border, but deny them services like abortions or contraception. [Chron]

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* Follow SFist on Twitter and Instagram, and like us on Facebook. You can also get the top stories mailed to you—sign up here * Sad to hear that Uber couldn't make

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Day Around The Bay: Uber Loses $2 Billion A Year, Report Claims, As Passengers Pay Just 41% Of Ride Costs
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