Biz Carson

Forbes Staff

ARTICLES

2 days ago

In The Airbnb Era, This Deal Junkie CEO Built Marriott Into A Booming Hotel Juggernaut–And He’s Not Done Yet

With his acquisition of Starwood three years ago, Arne Sorenson created the world’s largest hotel empire. Globally, 20% of new hotel rooms being built are now Marriott properties.
By Biz Carson 17 min read
1 week ago

Uber Loses $1.1 Billion, Targets Profitability In 2021

Uber's business is growing, but it's still a money-losing machine (at least until 2021).
By Biz Carson 2 min read
2 weeks ago

First Look: Uber Unveils New Design For Uber Eats Delivery Drone

Here's the drone design Uber Eats will use to deliver food.
By Biz Carson 3 min read
1 month ago

A VC Fund Backed By Kevin Durant And Diddy Will Donate Its Profits To 11 Charities Improving Diversity In Tech

Together, black cultural icons from Shonda Rhimes to Kevin Durant to Quincy Jones have pooled together nearly $18 million to invest in Andreessen Horwitz’s Cultural Leadership Fund.
By Biz Carson 11 min read
1 month ago

Scooter Startup Bird Raises $275 Million In New Funding Round

Investors aren't done funding the scooter craze.
By Biz Carson 3 min read
2 months ago

Postmates Charmed Hollywood. Now The $1.85 Billion Delivery Startup Needs To Win Over Everyone Else

Investors including Founders Fund, Spark Capital and Tiger Global sank nearly $700 million into the San Francisco startup, now valued at $1.85 billion.
By Biz Carson 19 min read
3 months ago

IPO Expenses Drive Up Uber Losses To $5.2 Billion As Growth Slows

Uber's losses hit to $5.24 billion in the second quarter due to $3.9 billion in stock costs associated with its IPO. Revenue growth was up just 14% from last year to reach $3.1 billion.
By Biz Carson 2 min read
3 months ago

Lyft Stock Spikes As It Expects To Lose Less Money In 2019

The company posted $867 million in revenue, up 72% year-over-year, smashing analyst expectations of revenue of around $809 million, per FactSet estimates.
By Biz Carson 2 min read