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Description: A day after handing its autonomous car project to a Silicon Valley start-up, Uber is ridding itself of another expensive operation.

Source: NYTimes.com

Date: Dec 08, 2020

Link: https://www.nytimes.com/2020/12/08/technology/uber-jettisons-flying-car-project.html

Questions for discussion:

  • Why is Uber out?
  • Did this venture ever really fit Uber’s business model?
  • How should investors respond to these decisions?

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