CFO

This Uber Stat Shows How Much Room the App Has to Grow in the US: CFO

This Uber Stat Shows How Much Room the App Has to Grow in the US: CFO

Finance

Uber might seem ubiquitous in the US, but its CFO says the company has lots of room to grow.Across the 10 largest countries where Uber operates, about 15% of adults use either Uber for ride-hailing or delivery, Prashanth Mahendra-Rajah said during a presentation at UBS’ Global Technology and AI Conference…

Microsoft’s CFO Highlights Record Capex, OpenAI Deal in Internal Memo

Microsoft’s CFO Highlights Record Capex, OpenAI Deal in Internal Memo

Finance

Microsoft Chief Financial Officer Amy Hood highlighted a record $34.9 billion in spending on infrastructure to meet AI demand and the company’s new OpenAI deal in an internal memo to company employees following earnings on Wednesday.Microsoft reported revenue of $77.7 billion for the first quarter of its fiscal year ending…