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Tel Aviv-based Torq, which operates an autonomous AI-powered security operations platform, raised $140M led by Merlin Ventures at a $1.2B valuation (Andrew Martin/Bloomberg)

Andrew Martin / Bloomberg : Tel Aviv-based Torq, which operates an autonomous AI-powered security operations platform, raised $140M led b...

7 February 2024

Uber reports Q4 revenue up 15% YoY to $9.9B, Gross Bookings up 22% YoY to $37.6B, a $1.9B net income, 150M MAUs, and first full-year operating profit of $1.1B (Camilla Hodgson/Financial Times)

Camilla Hodgson / Financial Times:
Uber reports Q4 revenue up 15% YoY to $9.9B, Gross Bookings up 22% YoY to $37.6B, a $1.9B net income, 150M MAUs, and first full-year operating profit of $1.1B  —  Ride-hailing app beats forecasts and boasts of ‘inflection point’  —  Uber has reported its first full year of operating profits …

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