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Recode Daily: Should Uber sell off its self-driving car unit?

Uber is making an investment its enlargement in turning into — as CEO Dara Khosrowshahi put it — the Amazon for transportation, a platform that riders can use to get admission to a number of other modes of delivery. As an alternative of chasing profitability and increasing its world footprint at breakneck pace, it’s construction out its subsequent bankruptcy, which incorporates meals supply, scooter- and bike-sharing, automotive apartment, flying vehicles, partnerships with transit networks and increasing its rides industry in key world markets. Uber generated $2.eight billion in earnings ultimate quarter — a just about $1.1 billion build up over the similar duration a yr in the past, representing 63 % enlargement — however it nonetheless misplaced on the subject of $900 million ultimate quarter. [Johana Bhuiyan / Recode]

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In the meantime, traders have recommended Uber to dump its self-driving automotive unit, which has misplaced between $125 million and $200 million in step with quarter during the last 18 months. Uber does now not separate its autonomous-vehicle-related funds in its quarterly income stories, however a record via The Data claims that the losses from its self-driving unit include between 15 % and 30 % of Uber’s quarterly losses. [Andrew Krok / CNET]

Twitter CEO Jack Dorsey stated he’s rethinking core portions of ways Twitter works in order that it doesn’t allow the unfold of hate speech, harassment and false information. After Twitter put Infowars’ Alex Jones’s accounts on read-only mode for every week for violating its coverage in opposition to inciting violence, Dorsey additionally stated he was once experimenting with options that will advertise selection viewpoints in Twitter’s timeline to deal with incorrect information and cut back “echo chambers,” and stated he’s open to labeling bots and redesigning the “Like” button and the way in which Twitter shows customers’ follower counts. [Tony Romm and Elizabeth Dwoskin / The Washington Post]

Elon Musk’s Dull Corporate desires to construct a tunnel to Dodger Stadium in Los Angeles from a transit station, probably providing a four-minute, $1 trip that will skip all types of visitors. It’s a captivating thought, however highlights the strain between proprietary, personal infrastructure — helpful for 81 days a yr, when the group has house video games — as opposed to merely making an investment in higher public transit and boulevard design. [Jenna Chandler / Curbed]

Seed investor Y Combinator is launching a brand new Chinese language incubator referred to as Y Combinator China, and has named former Baidu COO Qi La CEO. It’s the primary full-fledged world effort via Y Combinator, which seeded Airbnb, Stripe, Reddit and Dropbox amongst different startups. [Selina Yang / Bloomberg]

T-Cellular is partnering with Pandora and live performance promoter Reside Country Leisure to provide its shoppers unfastened tune, particular seating and different perks so that you could draw in and retain shoppers with out converting its costs. As they struggle for patrons, wi-fi carriers are including such further sweeteners, with out resorting to discounting. [Drew FitzGerald / The Wall Street Journal]

PRX and PRI, two of the 4 greatest U.S. vendors of public radio, are merging in hopes of turning into a podcasting juggernaut. No cash will exchange fingers within the tie-up. Boston-based WGBH, which purchased PRI in 2012 and just lately grew to become to PRX as a spouse for podcasts, will make investments $10 million in creating new content material, together with a brand new manufacturing studio and a Podcast Storage in Washington, D.C., to coach new creators. [Anne Steele / The Wall Street Journal]

Lately turns out as excellent a time as any for an exploration of ways air con created the trendy town. [Rowan Moore / The Guardian]

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