Feb 4, 2019 - Technology

The secrets that might be in Uber's S-1 filing

Dan Primack, author of Pro Rata

Photo: Smith Collection/Gado/Getty Images

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.

Go deeper: Breaking down the Uber-Lyft-Slack IPO rush

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Jacob Knutson
15 mins ago - Politics & Policy

Trump introduces Amy Coney Barrett as nominee to replace Ruth Bader Ginsburg

President Trump announced he's nominating federal appeals court Judge Amy Coney Barrett to succeed Justice Ruth Bader Ginsburg on the Supreme Court.

Why it matters: She could give conservatives a 6-3 majority on the high court, and her nomination sets in motion a scramble among Senate Republicans to confirm her with 38 days before the election. Leader Mitch McConnell appears to have the votes to confirm Barrett with the current majority.

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Axios
Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 4:15 p.m. ET: 32,673,978 — Total deaths: 990,738 — Total recoveries: 22,535,056 — Map.
  2. U.S.: Total confirmed cases as of 4:15 p.m. ET: 7,065,019 — Total deaths: 204,249 — Total recoveries: 2,727,335 — Total tests: 99,488,275 — Map.
  3. States: New York daily cases top 1,000 for first time since June — U.S. reports over 55,000 new coronavirus cases.
  4. Health: The long-term pain of the mental health pandemic — Fewer than 10% of Americans have coronavirus antibodies.
  5. Business: Millions start new businesses in time of coronavirus.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.
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Jacob Knutson, Alayna Treene
1 hour ago - Politics & Policy

Confirmation hearings for Supreme Court nominee set to start Oct. 12

Sen. Lindsey Graham, chair of the Senate Judiciary Committee, on Sept. 24. Photo: Jabin Botsford/The Washington Post via Getty Images

Senate Judiciary Committee hearings for President Trump’s Supreme Court nominee are tentatively scheduled to begin Oct. 12, two Senate sources familiar with the plans told Axios.

Why it matters: The committee's current schedule could allow Senate Republicans to confirm the nominee weeks before November's election. Senate Majority Leader Mitch McConnell currently has enough votes to confirm Circuit Court Judge Amy Coney Barrett, who is expected as the president's pick.

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