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Uber curtails Oakland moving plans

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According to Business Insider, Uber reported a company loss of $645 million dollars for their second quarter. This means that they'll no longer move into a 380,000 square foot building in Oakland. Business Insider says that the ride company was going to transform Uptown Station, once a Sear's department store, into its new California headquarters. The building allegedly came with a cool $123.5 million dollar price tag. Reports say that Uber will now "... consolidate its headquarters," into a new San Francisco building. http://www.businessinsider.com/uber-d... http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com

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