Arbitration designations for the round of 16 Cup finals

first_imgTenerife-Valladolid David Medié Jiménez (C. Catalán)Badalona-Granada Santiago Jaime Latre (C. Aragonés)Girona-Villarreal Guillermo Cuadra Fernández (C. Balear)UD Logroñés-Valencia Adrián Cordero Vega (C. Cantabrian)Real Sociedad-Espanyol Alejandro Hernández Hdez. (C. Las Palmas)Unionistas Salamanca-Real Madrid Mario Melero López (C. Andaluz)– Thursday, January 23:Ebro-Leganés José L. González González (C. C-Leonés)Mirandés-Celta Juan Martínez Munuera (C. Valenciano)Badajoz-Eibar Carlos from Cerro Grande (C. Madrileño)Rayo Vallecano-Betis Ricardo de Burgos Bengoetxea (C. Vasco)Cultural Leonesa-Atlético Madrid Javier Alberola Rojas (C. C-Manchego) The Murcian José María Sánchez Martínez, who last Sunday led the final of the Spanish Super Cup between Real and Atlético de Madrid, has been designated to arbitrate the Sevilla-Levante match, one of the dueling between the ‘first’ of the sixteenth round of the end of the Copa del Rey.Designations for the sixteenths:– Tuesday January 21st:Recreativo-Osasuna Jesús Gil Manzano (C. Extremeño)Zaragoza-Mallorca Antonio Mateu Lahoz (C. Valenciano)Seville-Levante José María Sánchez Martínez (C. Murciano)– Wednesday, January 22:Ibiza Eivissa-Barcelona Pablo González Fuertes (C. Asturiano)Elche-Athletic Club José Luis Munuera Montero (C. Andaluz)last_img read more

Odom opens up about brush with death

first_img‘I’m out!’: PewDiePie releases last video before taking break from YouTube Solid debut for KaTropa View comments Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite LATEST STORIES He recalled his shock upon waking in the hospital, having collapsed at the Love Ranch brothel outside Las Vegas.“At some point, the main doctor came in and told me what had happened,” Odom wrote. “He said, ‘Mr. Odom, you’ve been in a coma for the last four days. Do you understand?’ I couldn’t talk. So I just nodded. He said, ‘It’s a miracle that you’re here. We didn’t think you were going to make it.’”FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’Odom was a two-time NBA champion who gained wider fame as the star of a reality television series with wife Khloe Kardashian. —AFP Lamar Odom. AFP/GETTY IMAGES FILE PHOTOLOS ANGELES—Former NBA star Lamar Odom opened up on the Players’ Tribune on Thursday about the roller-coaster of cocaine addiction that left him comatose and close to death after a Nevada brothel binge in 2015.Although he’s sober now, Odom wrote on the website that it’s “an everyday struggle.”ADVERTISEMENT Don’t miss out on the latest news and information. 787 earthquakes recorded in 24 hours due to restive Taal Volcanocenter_img McGregor blasts Cerrone in 40 seconds in UFC return Kawhi Leonard, Clippers rally to beat Pelicans Marcosian mode: Duterte threatens to arrest water execs ‘one night’ LeBron James scores 31 points, Lakers beat Rockets MOST READ Indian national gunned down in Camarines Sur End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend Sports Related Videospowered by AdSparcRead Nextlast_img read more

LeBron’s late defense helps Cavs edge Heat without Love

first_imgCleveland Cavaliers’ LeBron James drives past Miami Heat’s Tyler Johnson in the second half of an NBA basketball game, Wednesday, Jan. 31, 2018, in Cleveland. The Cavaliers won 91-89. (AP Photo/Tony Dejak)CLEVELAND — A dramatic, disturbing month for the Cavaliers ended with a defensive stop.Go figure.ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Jiro Manio arrested for stabbing man in Marikina LATEST STORIES The Heat were ice cold, and nearly won anyway.“That’s why we really wanted to get this game,” Spoelstra said. “This would have been such a great game to win when we played horribly offensively. To be there at the end, shooting what we did from the 3-point line, free throw line and turnovers on top of that, these are the real gratifying wins if you can find a way — but we didn’t.”TIP-INSHeat: The tragic death of former NBA player Rasual Butler devastated Spoelstra and forward Udonis Haslem. Butler was drafted by Miami and played three seasons there. “It’s horrible, horrible news for all of us,” said Spoelstra, who got emotional talking about Butler, who was killed along with his wife in a single-vehicle rollover in Los Angeles. “He’s one of our favorite people that’s come through the organization.” Haslem is the only player left with the Heat who played with Butler. “Blindsided me,” he said. “I immediately took to Rasual when I got here. Another competitor, guy like myself, fearless.” … Miami fell to 17-6 when holding opponents under 100 points.Cavaliers: James committed six of his seven turnovers in the first half and didn’t get his first assist until 11:16 remained in the third quarter. … Lue started Crowder because he wanted to match up with Johnson, but Cleveland’s lineup could change on a game-to-game basis. … James has scored in double digits in 841 consecutive games — 25 shy of Michael Jordan’s record.UP NEXTHeat: Continue a four-game trip Friday in Philadelphia.Cavaliers: Host the Houston Rockets on Saturday.Sports Related Videospowered by AdSparcRead Next D-League: Che’Lu-San Sebastian bucks slow start, stuns AMA OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Nueva Ecija warehouse making fake cigarettes raided, 29 Chinese workers nabbed Nonito Donaire vs Naoya Inoue is BWAA 2019 Fight of the Year Almazan vows to comeback stronger after finals heartbreak Don’t miss out on the latest news and information. center_img Newsome sets focus on helping Bolts open new PBA season on right track Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LeBron James scored 24 points and turned away Miami’s James Johnson before he could get off a shot in the final seconds as Cleveland began a long stretch without injured All-Star Kevin Love by holding off the Heat 91-89 on Wednesday night.“I was going downhill against him. I liked what I was doing. The only thing is, he’s LeBron,” Johnson said.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkWith the Cavs clinging to a two-point lead after Kyle Korver made one of two free throws, the 6-foot-8, 240-pound Johnson drove the right side for a potential game-tying shot, but was stopped in his tracks by James on the baseline. Johnson then fumbled the ball away as the horn sounded.“I don’t know if there’s anybody else back there that would have stopped J.J. from getting to the rim,” Heat coach Erik Spoelstra said. “We’ve seen it before. LeBron met him and was able to stop him basically in the paint. I don’t think there’s anybody else in the league who could do that.” Cleveland shot just 35 percent and got outrebounded, but for the first time in a long time, the defense was solid. The Cavs hadn’t held a team under 90 points since Nov. 20.“The way we’ve been playing defense lately, we probably would have lost by 30, but we just stayed in the moment,” coach Tyronn Lue said. “I thought guys stayed in tune.”Goran Dragic scored 18 and Josh Richardson had 15 to lead the Heat.FINALLY FEBRUARYThe Cavs are happy to see the calendar turn after going 6-8 to start 2018.“I’m happy January is over,” Dwyane Wade said. “Move on to February, which hopefully is a better month. In this league, you have to have a short memory.”DRAMA KINGSThe Cavs have been enveloped in theatrics all season. There have been injuries, blowout losses, persistent trade rumors and more story lines than a day-time soap opera.“As The Land Turns,” Lue said with a sigh following his pregame media availability.TROUBLED THOMASPlaying his first back-to-back games this season, Cavs guard Isaiah Thomas went 2 of 15 from the floor. He was 0 for 6 on 3-pointers but made all nine free throws.He’s still struggling because of a serious hip injury, but felt good about finishing January on the floor.“My body felt good,” he said. “My legs (are) not there and it’s obvious. But my body is good, my hip felt good and those are positive steps for me mentally to be able to practice back-to-back days and then play in back-to-back games, so it has been a positive month in that aspect.”MIAMI MISSES OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Michael Porter Jr. stays patient as playing time increases View comments MOST READ Jae Crowder made a go-ahead 3-pointer with 1:21 left for the Cavs, who came in as the NBA’s worst defensive team. Cleveland, though, buckled down in big spots and held the Heat to 3-of-28 shooting on 3-pointers.“To win a game on the defensive side with the struggles we’ve had, that’s pretty impressive,” James said. “And versus this team, who’s had one of the best records in the NBA in January. It was a big win for us.”The Cavs rebounded from a troubling loss Tuesday at Detroit — the undermanned Pistons scored 125 points — and prevented the Heat from overtaking them for third place in the Eastern Conference standings.It was Cleveland’s first game since Love broke his left hand. The five-time All-Star is consulting with surgeons in New York, and it’s possible he’ll undergo an operation as early as Thursday. Love, who could miss two months, already has screws in the hand from a previous procedure after he broke it in 2009 with Minnesota.While he’s out, the Cavs have to hold themselves together.ADVERTISEMENTlast_img read more

South wins all-star battle

first_imgBELL GARDENS – A day after battling for the Southern Section Div. I championship, members of the Mater Dei of Santa Ana and Upland girls’ soccer teams put aside any lingering tension Sunday to join forces on the South squad for the 16th annual Senior High School All-Star game. The combination presented a challenge for the North team, especially goalkeepers Ayana Sumiyasu (Flintridge Prep of La Canada Flintridge) and Katie Beaulieu (Notre Dame of Sherman Oaks). Highland of Palmdale’s Janet Mendez, who has narrowed her choices to Long Beach State and USC, set up Redondo Union of Redondo Beach’s Stephanie Hebert (New Mexico) 75 seconds into the second half to cut the deficit to 3-2. El Camino Real of Woodland Hills’and La Salle of Pasadena’s Kasey Johnson competed for the North team Sunday after helping their teams win championships Saturday. Kelly and Oakes contributed to ECR’s seventh consecutive City Section title and Johnson led La Salle to a Div. IV crown. Joswick, Zadro and Zinke helped Mater Dei defeat Upland 1-0, snapping the Highlanders’ 60-match unbeaten streak. Michelle Oakes and Erin Kelly, (818) 713-3607 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! The Yale-bound Sumiyasu recorded three first-half saves and Beaulieu (Loyola Marymount) stopped nine shots in the second half for the North team, which featured 15 local athletes. But there was only so much they could do against the South, which received goals from Upland’s Lauren Barnes, Mater Dei’s Liz Zadro, Tesoro of Rancho Santa Margarita’s Natalie Romine and Davila. “(Event organizer Cherif Zein) said he wanted the game to be entertaining,” said Flintridge Sacred Heart of LaCanada Flintridge’s Frank Pace, the North’s coach. “So we decided to push people up and have some fun. Ten goals should have left them happy.” The North tied the score at 1-1 in the 13th minute when Edwards (Rice) headed a corner kick from Westlake teammate Kylie McDonald (Pepperdine) inside the right post. “It was because of Kate and her mom (Julie) that I started playing club,” said McDonald, who assisted on a goal by Beverly Hills’ Tess Callner in the 88th minute. “We started playing (at the under-11 level) at So Cal United and we’ve had a lot of good years together. This was our last game, so it was cool (to assist on Kate’s goal).” center_img The six players from Mater Dei and Upland combined for three goals and three assists, and El Toro of Lake Forest’s Jennifer Stoltenberg – the game’s MVP – recorded a hat trick, to lead the South to a 7-3 victory at Bell Gardens High. “I knew just about everyone here and there were some amazing players out there,” said Sumiyasu, who plays club soccer on the Slammers under-19 premier team, which features Westlake’s Kate Edwards, Upland’s Alyssa Davila and Mater Dei’s Kellye Joswick and Jackie Zinke. “To be here, you have to be some of the top players in the area. It was good competition.” last_img read more

Chelsea sweat on Kante fitness for Europa League final

first_img0Shares0000N’Golo Kante (L) has not played since Chelsea’s win over Watford on May 5. He is now struggling with a knee problem before the Europa League final © AFP/File / Ben STANSALLBAKU, Azerbaijan, May 28 – Chelsea midfielder N’Golo Kante is a doubt for Wednesday’s Europa League final against Arsenal because of a knee injury, with coach Maurizio Sarri rating the French star’s chances of playing in Baku as no better than “50/50”.Kante has been struggling with the problem since the weekend but Chelsea will give him until the last minute to prove his fitness for the match at the Olympic Stadium in Azerbaijan’s capital. “Kante has a very little problem with his knee. The problem is the timing, but we are trying,” said Sarri.When asked what odds he would put on Kante being available, the Italian added: “I think 50/50 at the moment. Yesterday 60/40 for the no. He was a little bit better this morning, but 50/50.”Kante has not played since coming off with a hamstring injury in a 3-0 win over Watford on May 5.He missed the second leg of their Europa League semi-final against Eintracht Frankfurt as a result, and also missed the trip to Leicester City on the final day of the Premier League campaign.That was two and a half weeks ago, and his latest problem was picked up in training at the weekend before Chelsea flew to Azerbaijan on Tuesday.Chelsea are already without the injured Ruben Loftus-Cheek as well as Callum Hudson-Odoi for the game.“We are in trouble with the midfield, at the moment we have only three midfielders for three positions,” Sarri added.“He is the only defensive midfielder that we have so for us Kante is very important.“I hope to recover him because I know very well that without N’Golo it’s a problem.”0Shares0000(Visited 2 times, 1 visits today)last_img read more


first_imgCredit where credit is due – it’s not every organisation which continues to give away free cars to its members.But Letterkenny Credit Union are doing just that with their first car draw of 2012. The winner of a Kia Rio was Joan Grubb.Joan is pictured Jim Toner, Mick Garry, Stephen McDaid, Denis O’Donnel (LKCU), Seamus McLaughlin (Inishowen Motors). JOAN GETS ON THE ROAD THANKS TO LETTERKENNY CREDIT UNION was last modified: May 23rd, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Inishowen MotorsJoan GrubbLetterkenny Credit Unionlast_img read more

Asteroid Pi

first_imgAsteroids are much more diverse than previously imagined.  The Spitzer Space Telescope (now in its “warm” mission after the liquid coolant has dissipated) is targeting about 700 asteroids in a program called ExploreNEOs (Near-Earth Objects).  NASA’s Spitzer Space Telescope website reported results from the first hundred studied.  The scientists found that near-Earth asteroids……are a mixed bunch, with a surprisingly wide array of compositions.  Like a pi�ata filled with everything from chocolates to fruity candies, these asteroids come in assorted colors and compositions.  Some are dark and dull; others are shiny and bright.  The Spitzer observations of 100 known near-Earth asteroids demonstrate that the objects’ diversity is greater than previously thought.The diversity is inferred from the asteroids’ infrared signature, the temperature disclosing something about surface size, composition, and thermal inertia (ability to hold heat).  From that data, scientists try to infer where the objects originated from, and how old they are.  One of the surprises is that numerous bright NEOs appear to be young:Since asteroid surfaces become darker with time due to exposure to solar radiation, the presence of lighter, brighter surfaces for some asteroids may indicate that they are relatively young.  This is evidence for the continuing evolution of the near-Earth object population.    In addition, the fact that the asteroids observed so far have a greater degree of diversity than expected indicates that they might have different origins.  Some might come from the main belt between Mars and Jupiter, and others could come from farther out in the solar system.  This diversity also suggests that the materials that went into making the asteroids — the same materials that make up our planets — were probably mixed together like a big solar-system soup very early in its history.But extending the primordial soup metaphor to the solar system decreases the explanatory power of previous cosmogonies (stories about the origin and development of the solar system), which depended on composition as a function of radius, and complicates new explanations (cf. 09/24/2008, 05/04/2007).    The original paper in The Astronomical Journal1 noted that an object at Earth orbit should become dark by “space weathering” in a million years.  Noting the large number of bright objects, the authors suggested that the bright (and presumably young) objects may be extinct comets or remnants of recent collisions that exposed fresh surface material.  They acknowledged, however, that much is still unknown about asteroid origin and evolution.  Evolutionary theories tend to be complicated, and some findings contradict expectations.  For instance, “The small (500 m long) NEO Itokawa was visited by the Japanese spacecraft Hayabusa, and was found to have a highly varied surface, with both regolith-free regions and regions of substantial regolith,” the paper said, referring to pulverized surface material.  “This unexpected result has greatly increased interest in the surface properties of NEOs and how they depend on an object’s history.”    In addition, about 15% of asteroids appear to be binaries (co-orbiting objects) – a dynamically improbable phenomenon, given asteroids’ low gravity and relative motions.  Though recently split objects from a collision might tend to remain in proximity enough to remain gravitationally bound, the Yarkovsky effect (a perturbing force due to sunlight pressure) and other forces would seem to disrupt the delicate pas de deux of a binary pair in short order (see 10/25/2001, 05/24/2002, 09/12/2003, 09/28/2005).    According to current thinking, most NEOs originated in the main asteroid belt and became perturbed into earth-vicinity orbits through collisions, the Yarkovsky effect and chaotic motions.  “We find that the distribution of albedos in this first sample is quite broad,” they said, however, “probably indicating a wide range of compositions within the NEO population.”  That diversity had to originally exist in the main asteroid belt, therefore, or requires positing a larger-than-predicted mixing of material from different parts of the solar system.  Either case complicates simplistic ideas about the origin of the solar system that preceded the space age.    One other asteroid phenomenon is making a planetary scientist “lose sleep,” according to New Scientist: the problem of Trojan asteroids.  These are not condoms or malware, but asteroids that get locked into the stable Langrangian points of planets, making them lead or follow large planets in their orbits.  “A family of asteroids that travels in lockstep with Jupiter appears to be different in one important respect from their purported kin in the outer solar system,” New Scientist began.  “The mismatch could spell trouble for the leading theory of how our solar system evolved.”  Called the “Nice” model, the theory, which proposes that the gas giants disrupted objects as they migrated after formation and gathered some into its Trojan orbits, predicts a different size distribution than was found by Wesley Fraser of Caltech.  He said he has “lost a lot of sleep” over the puzzle; he “cannot imagine any scenario that has a chance to explain this result.”    As with most asteroid science, though, like the asteroids themselves, our knowledge is too sparse to provide solid ground for any theory of formation or evolution.  ExploreNEOs is important work in another respect all earthlings should care about:   the authors said, “Knowledge of the size distribution is critical for estimates of the Earth impact hazard.” reported that two small asteroids came pretty close to the Earth on September 8, and that such close encounters are not all that rare.  One rogue asteroid with our name on it could ruin a nice pi�ata party.1.  Trilling, Mueller et al, “ExploreNEOs.  i.  Description and First Results from the Warm Spitzer Near-Earth Object Survey,” The Astronomical Journal, Vol 140, No 770; doi: 10.1088/0004-6256/140/3/770.With all due regard for journalistic creative writing, pi�atas are typically created by intelligent design.  So who filled the asteroid pi�ata with such a creative variety of goodies?  Are they implying scientists are scooping up the treats without thanking the Source?  Metaphors bewitch you (07/04/2003).    The scientific work behind the metaphors is dull but necessary, tedious but incremental.  No one can draw firm conclusions from this admittedly preliminary work, other than the common experience of scientists working in exploratory projects: (1) surprises abound, (2) predictions are made to be broken, (3) nature yields its secrets with difficulty, and (4) human hubris tends to outrun reality.    Consider what they said about space weathering darkening objects within a million years.  That sounds like a long time, but it is a tiny, tiny fraction of the assumed age of the solar system (4.5 billion years).  Have there been that many impacts within the last .02% of the assumed age?  Liberate your mind.  The few planetary scientists not wedded to the moyboy paradigm (“millions of years, billions of years” see 09/16/2005), with its reckless drafts on the bank of time (07/02/2007), have the freedom to think outside the box and perhaps provide novel solutions to puzzles inherent in deep-time addiction (e.g., 09/05/2002).(Visited 13 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Springboks fly South African flag into semi-finals of Rugby World Cup

first_imgJohannesburg, Saturday 17 October 2015 – Brand South Africa joins the country in congratulating the Springboks on their well-played match against Wales in the first quarter-final of the Rugby World Cup.Brand South Africa’s CEO Kingsley Makhubela said, “Congratulations Springboks! You spared no effort in proudly flying the South African flag on the field of Twickenham Stadium. As you carried the flag, you equally carried the hopes and hearts of the citizens of our country.“Your boldness, courage and fearlessness on the field is symbolic of the character of our nation and Brand South Africa salutes you as ambassadors of our country. We look forward to your next match and stand behind you,” concluded Mr Makhubela.last_img

DIY Geocaching Swag

first_imgShare with your Friends:More SharePrint RelatedSWAG to leave in geocachesDecember 10, 2019In “Learn”The difference between SWAG and trackablesMay 12, 2018In “Geocaching Weekly Newsletter”Groundspeak Weekly Newsletter – August 24, 2011August 24, 2011In “Groundspeak’s Weekly Newsletter” One of the first rules of geocaching involves the matchbox cars, the bouncy balls and the lady bug erasers staring up at you from the bottom of the geocache. That’s geocaching SWAG – or Stuff We All Get. Geocachers trade swag by replacing items in the geocache with something of equal or greater value.Now you can spread geocaching joy by leaving a trail of customized, do-it-yourself swag in geocaches. Geocachers often leave signature items in each geocache they find. The customswag might be a signed playing card, a crocheted finger puppet, identical erasers or __________ (insert your amazing idea here). Each piece is a sign to other geocachers that you visited the geocache. It’s a great way to build community. Leave a recognizable piece of swag and you will become known by yourswag. Think of it, you could be “Origami Guy” or “Ladybug Lady” or ___________ (‘Insert your amazing idea’ Person”).Share your ideas for personalized geocaching swag below in comments or on the Geocaching Facebook page.last_img read more

Uber’s Losses Continue Before Initial Public Offering

first_imgUber is still working to stem its losses before going public next year.The ride-hailing company said Wednesday that it lost $1.07 billion in the third quarter, more than in the prior period and slightly less than in the same period a year ago, as it has invested heavily outside of its core business in areas such as bicycles, scooters and freight shipments.At the same time, Uber’s growth appears to be slowing. The company’s revenue rose 38 percent in the third quarter from a year ago to $2.95 billion, down from a gain of 51 percent in the prior quarter. Gross bookings, which is what Uber earns before paying commissions to drivers and delivery people, totaled $12.7 billion, up 34 percent from the previous year.The report card comes as Uber is preparing for an initial public offering next year, in what would likely be one of the biggest technology offerings. The IPO is set to be a litmus test for other highly valued private tech companies, such as Airbnb and Lyft, which are also considering the public markets in 2019. As a private company, Uber is not obligated to publicly report its earnings but has made a habit of doing so.“As we look ahead to an IPO and beyond, we are investing in future growth across our platform, including in food, freight, electric bikes and scooters, and high-potential markets in India and the Middle East where we continue to solidify our leadership position,” Nelson Chai, Uber’s chief financial officer, said in a statement.Uber, which is led by Dara Khosrowshahi, is one of the world’s most highly valued privately held companies. When Toyota invested in Uber in August, the ride-hailing company was valued at about $76 billion. According to proposals from Morgan Stanley and Goldman Sachs, the company could be worth up to $120 billion, which would make Uber’s IPO the largest since Alibaba Group debuted on the New York Stock Exchange in 2014.Uber is in something of a race with its U.S. rival, Lyft, to go public. Lyft, which was last valued in a fundraising round at $15 billion, recently picked JPMorgan Chase to lead its own public offering.Uber’s IPO is likely to create an enormous financial bonanza for its many investors and shareholders, including the company’s co-founder, Travis Kalanick, as well as venture capital firm Benchmark and the Japanese conglomerate SoftBank.To get ready for a public offering, Khosrowshahi has trimmed Uber’s money-losing businesses. Uber has withdrawn from markets including Southeast Asia and Russia, where it faced stiff competition and was spending a lot of money. It has focused on other areas, like food delivery, as well as other geographies that show more potential for growth. On Wednesday, Uber began a loyalty program that will give riders access to extra perks the more frequently they use Uber services.Uber said Uber Eats, its food delivery business that started in 2015, was growing rapidly, with bookings through its separate app up 150 percent from last year.Yet Uber’s spending also continues to rise. The company said its total costs and expenses were $3.7 billion in the third quarter, up from $3.5 billion in the prior quarter.c.2018 New York Times News Service Related Itemslast_img read more