Facebook sees Uber as a threat, says exec

"Uber is a really good company."

It's not something we're hearing lately with all the talk around #DeleteUber, the sexism in the workplace and the questionable behavior of Uber CEO Travis Kalanick. 

But that's exactly what Phillip Rather, Facebook's head of local partnerships, said during a two-minute section of his 30-minute presentation at the Borrell Associates' 2017 Local Online Advertising Conference Monday. 

In fact, Rather admitted that Facebook, a company valued at nearly $400 billion, sees Uber, the company that can't turn a profit, as a "threat."  Read more...