Uber’s not out of the woods yet

Illustration by Alex Castro / The Verge In 2023, Uber achieved an important milestone, earning more money than it spent for a full year for the first time. It was widely seen as a sign that the perennially cash-strapped business was finally on a more sustainable path.Today, there are signs that the journey may be longer than we thought.The ridehailing and delivery company reported a surprise net loss of $654 million for the first quarter of the year, as legal settlements and equity investments p