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Tokenmaxxing Turns To Layoffmaxxing: Uber Slashes Thousands In "Significant" Overhaul
Tokenmaxxing Turns To Layoffmaxxing: Uber Slashes Thousands In "Significant" Overhaul
Bloomberg obtained a letter from Uber Technologies CEO Dara Khosrowshahi to employees announcing "significant organizational changes" across the company aimed at reallocating spending toward delivery, artificial intelligence, and an increasingly expensive robotaxi buildout.
"Today, we're making several significant organizational changes across Uber. We are removing layers, simplifying team structures, refining our global location strategy, and focusing our people and investments against the biggest opportunities ahead of us," Khosrowshahi wrote in the letter.
The latest Bloomberg data show that, as of 2Q26, Uber...
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Jun 3, 2026 / Dave DeCamp
‘They Were Slightly Provoked’: Trump Downplays Iran’s Attacks Targeting US Bases in Kuwait and Bahrain
President Trump on Wednesday downplayed Iranian attacks that targeted US bases in Kuwait and Bahrain, saying they may have been “slightly provoked” since the US launched strikes against Iran beforehand. “There’s a reason for everything, and we hit them pretty hard last night,” the president told reporters in the Oval Office. “Some people would say […]
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Aug 20, 2026 / Tyler Durden
"Significant" Tornado Threat Incoming For DC To Baltimore To Philadelphia
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Senior meteorologist Matthew Cappucci of private weather forecaster MyRadarWX is monitoring the potential for isolated tornadoes along the Interstate 95 corridor, from areas north of Washington, D.C., through Baltimore and Wilmington, Delaware, and into the Philadelphia metro area.
Tornadoes are not unheard of in the Mid-Atlantic, but a potential setup later this afternoon capable of producing multiple tornadoes across a large swath of Maryland, Delaware, and southeastern Pennsylvania would be unusual.
"Mid-Atlantic gang – can't rule out an isolated tornado this afternoon...
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Sep 21, 2026 / Tyler Durden
Bessent Hails "Very Successful" China Talks As Trump-Xi Summit Puts AI, Rare Earths And Energy On The Table
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