Google parent company Alphabet's stock was down roughly 4% in after-hours trading Monday after the company reported that it met Wall Street expectations revenue and earnings per share, but reported nearly doubled losses for its "other bets" category, which includes Alphabet-owned side projects like Nest, Waymo and Verily.
Why it matters: Investors are increasingly anxious to see how well Google is able to monetize areas outside of advertising, and high costs for "other bets" could be a signal that it still has a way to go in building out some of those revenue streams.
Dan talks with Alexandra Carbone, a ride-hail driver in Los Angeles who is part of a burgeoning movement to get Uber and Lyft to change their policies.
Slack has confidentially filed documents to go public with the U.S. Securities and Exchange Commission, the company announced on Monday.
Why it matters: Slack has been rumored to be considering a direct listing instead of a traditional IPO. Should the workplace messaging behemoth choose that path, it will be the second tech company to do so after Spotify did so last year.
Google is launching two new features aimed at making its mobile operating system more accessible: Live Transcribe and Sound Amplifier.
Why it matters: There are more than a billion people with a disability, some 15% of the world's population. Technology, when implemented thoughtfully, can play a big role in knocking down barriers. Beyond that, advances in accessibility often have a way of making technology more usable for everyone.
One intriguing thing to look for in Uber's S-1, whenever it arrives, is how much information it provides about the other ride-hail companies in which it holds shares.
The bottom line: These holdings, particularly in China's Didi Chuxing, could represent a sizable percentage of Uber's proposed market cap. Investors are going to want more than just the latest VC valuations. This also could be where Uber benefits a bit from an IPO for Lyft — assuming it doesn't get taken out first, Qualtrics-style — in that there will be another third-party data point.
