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Day Around The Bay: Uber Term Sheet Shows Company Operating At Heavy Loss

Day Around The Bay: Uber Term Sheet Shows Company Operating At Heavy Loss



  • Uber reveals to its potential investors that the company generates $470 million in operating losses on $415 million in revenue. They're saying the numbers are old. [Bloomberg]
  • Cal Berkeley is getting sued over its lack of response to sexual assault reports. [KRON4, Chron]
  • A Palo Alto construction company is suing anonymous negative Yelp reviewers. [Business Insider]
  • Apple Music launches today: Here's what to know. [Apple Insider]
  • Researchers need your private computer to help figure out if this Pacific Ocean blob is behind the drought. Citizen scientists! [CBS SF]
  • A heat advisory is in effect for the East Bay and Santa Clara until 9 p.m. Wednesday. [NBC Bay Area]
  • There was a gas line rupture and small fire in the Sunset. [ABC 7]
  • These were the winners of all the Frameline jury and audience prizes. [IndieWire]
  • The Robin Williams tunnel is officially official! [NBC Bay Area]

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Day Around The Bay: Uber Term Sheet Shows Company Operating At Heavy Loss
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