Uber’s head of finance is out

Uber’s head of finance, Gautam Gupta, is leaving the company in July, the Wall Street Journal reports. News of his impending departure comes as Uber has reported losses of $708 million. In Q1, Uber’s revenue was $3.4 billion, an 18% increase from its last quarter. Uber suffered losses of $708 million, not including employee stock compensation “other items,” the WSJ reports. Read More...