Reuters/Staff Uber lost at least $1.27 billion in the first half of 2016, according to Bloomberg's Eric Newcomer, who cites people familiar with the matter. Bloomberg reports that Uber held a conference call with investors Friday, led by finance head Gautam Gupta, to discuss Uber's finances. In the first quarter of 2016, Uber lost $520 million ("before interest, taxes, depreciation and amortization").