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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