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Uber gross bookings up 10% in Q2, lawsuit settlement possible (Bloomberg)

July 12, 2017

Bloomberg reported executives from human cloud, ride-sharing firm Uber told investors on a 15-minute conference call that gross bookings increased more than 10% last quarter from the prior period while losses continued to shrink, according to people familiar with the meeting. And Uber’s attorney allegedly told investors that a lawsuit over self-driving cars from Alphabet’s Waymo could be settled before a scheduled court date in October, though she said no formal agreement is in the works.