MAPNEWS24.COM: Top News and Analysis 05:28, 09/11/2019

Uber Ruthlessly Prioritizes 435 People Out of a Job

Uber has laid off 265 engineers and 170 members of its product team because it is a successful company based on sound financials that is not badly in need of a drastic overhaul.Rea...

Uber Ruthlessly Prioritizes 435 People Out of a Job

Source: gizmodo.com

Uber wants to gain more users by getting people to stop using Uber Starting April 30, Londoners will be able to view public transport information alongside fares and wait times on the Uber app, to see if taking the t...
20:56, 04/30/2019

Boris Johnson kept from media in ‘ruthlessly organised’ campaign Tory MPs ‘gobsmacked’ by lengths leadership frontrunner’s team going to in bid for supportBoris Johnson’s campaign to be Britain’s next prime ministe...
19:00, 06/09/2019

Uber Only Has 800 Marketing People Now On Monday, Uber announced it had laid off a third of its marketing department. According to the New York Times, an internal email said the team had “...
08:42, 07/30/2019

Uber Copter Is Here For People Worth $400 an Hour Uber is a modest company with modest goals. It simply wants to change how people get around and also get New Yorkers from Manhattan to John F. Kenned...
22:56, 06/06/2019

People hate Uber, but it's because of quality control, not politics Uber is reportedly in “crisis mode" as it works to piece back together its disintegrating reputation. But a Washington Post article from late last mo...
03:28, 09/06/2019

Blasting Rich People Into Space Is Better Business Than Uber, Somehow Virgin Galactic is preparing to become the first publicly traded spaceflight company, and the venture is setting a course to be profitable by August ...
02:14, 07/10/2019

Uber IPO: the rich people who will get even richer when the company goes public The ride-hailing app will have one of the largest initial public offerings in history on 10 MayThey are the spoons full of sugar that make the bitter...
13:14, 05/08/2019

Uber Eats is 'critical' for Uber to make money in the future, Morningstar analyst says Uber is expected to go public later this week in one of the most anticipated initial public offerings in recent memory. However, the company has lost...
16:56, 05/09/2019

Uber Freight is making trucking more efficient and could help Uber turn a profit The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that m...
16:28, 09/14/2019

Uber, Lyft drivers plan to strike Wednesday ahead of Uber IPO Uber and Lyft drivers are scheduled to strike Wednesday, the day before Uber's planned initial public offering.       ...
01:14, 05/06/2019

Uber just launched an Amazon-like feature that could help it cash in on millennials' mobile-shopping addiction (UBER) Matt Cardy / Stringer / Getty Images Uber has announced a new partnership with Cargo for an in-car shopping experience. By downloading the app and ...
05:28, 07/18/2019

Uber has proposed a new minimum wage for drivers after years of protests, but it comes with a catch (UBER, LYFT) Justin Sullivan/Getty Images Uber has offered a $21 minimum wage for drivers as it fights against a California bill that could devastate its busines...
09:00, 08/30/2019

See inside Uber's first passenger drone, which could eventually fly passengers at 150 mph while burning no fossil fuels (UBER) Uber Uber is unveiling its first visions for passenger aircraft. The company hopes to offer air services beyond helicopters as early as 2023. We spo...
22:56, 06/11/2019

Cboe Global Markets Plans Listing of Options on Uber Technologies, Inc. (UBER), on Thursday, May 16 CHICAGO – May 14, 2019 – Cboe Global Markets, Inc. (Cboe: CBOE), one of the world’s largest exchange holding companies, today said it plans to ...
23:00, 05/14/2019

Read the full email Uber CEO wrote to employees about why the company was laying off 400 workers (UBER) Reuters/Brendan McDermid Uber fired 400 marketing employees this week as the company seeks to streamline some bloated departments. Morale had been l...
05:56, 08/01/2019

Uber is opening massive new offices in Chicago and Dallas despite recent cost-cutting efforts (UBER) Raymond Boyd/Getty Images Uber has plans for massive new offices in Chicago and Dallas, the company has confirmed in recent weeks. The expansion co...
21:14, 09/09/2019

Uber's CEO sent an email to employees addressing its disastrous IPO, drawing on Amazon and Facebook's rough starts (UBER) Getty/Spencer Platt Uber CEO Dara Khosrowshahi sent an email to employees on Monday, addressing the ride-hailing giant's brutal stock-market debut. ...
23:00, 05/13/2019

Uber/Lyft drivers plan strike before Uber's IPO in New York, elsewhere Uber and Lyft drivers could go on strike in for two hours in New York City and elsewhere Wednesday morning, one day before Uber's initial public offe...
15:56, 05/06/2019

Traders have a $1.5 billion bet riding against Uber (UBER, LYFT) Carlo Allegri/Reuters Short-sellers have ramped up their bets against Uber to $1.5 billion. Borrowing of Uber shares has surged by more than 160% in...
02:28, 05/29/2019

Uber Lit $1 Billion on Fire Last Quarter Because That's What Uber Does In its first earnings as a public company, Uber posted losses of $1 billion over the previous quarter, more or less matching investor expectations, b...
05:56, 05/31/2019

'Uber Copters': Uber will offer $200 helicopter flights in New York City this summer Uber announced that active users will get access to Uber Copter, a new service from Manhattan to the John F. Kennedy International Airport.  &#...
02:28, 06/07/2019

Uber Wants to Be the Uber of Everything---But Can It Make a Profit? The ride-hailing company, headed for its IPO next week, aims to dominate the world of transportation, from food delivery to freight. It’s still not m...
02:28, 05/04/2019

DoorDash is under fire for its controversial tipping policy. We asked Uber, Lyft, Instacart and other gig-economy startups how much of your tips go directly to their workers (UBER, LYFT) Katie Canales/Business Insider DoorDash is under fire for an opaque tipping system that customers are saying is misleading. In some cases, tips cou...
04:42, 07/24/2019

The Bill That Would Make Uber And Lyft Drivers Employees Isn't Just Making Uber And Lyft Nervous It appears increasingly likely AB5, the California bill that would significantly narrow the definition of an independent contractor in the state and ...
23:14, 09/06/2019

Read the pitch deck that Uber founder Garrett Camp created for the ride-hailing giant back in 2008 – before the company became the $120 billion giant it is today (UBER) It's a big year for Uber. The first name in ride-hailing had a ton of hype around it for the first half of 2019 thanks to its IPO. And though the $8 ...
11:42, 07/27/2019

Festival that charged white people $10 more than people of color backtracks on ticketing policy A Michigan music festival that was charging white people twice the amount for a ticket than "people of color" backtracked its ticketing structure on ...
20:42, 07/08/2019

India, China Sign 4 Agreements To Strengthen People-To-People Ties India and China on Monday signed four agreements to strengthen cultural and people-to-people ties. The agreements were signed after External Affairs ...
16:06, 08/12/2019

Biracial rapper pulls out of festival after learning white people charged $10 more than people of color A biracial rapper pulled out of a Michigan music festival after she learned that white people would be charged twice the amount to attend than "peopl...
19:00, 07/07/2019

Toronto police say 2 people shot and wounded at rally for NBA champion Raptors; 2 people arrested TORONTO (AP) — Toronto police say 2 people shot and wounded at rally for NBA champion Raptors; 2 people arrested ....
22:56, 06/17/2019

Why cat people and dog people's personalities match those of their pet People's personalities often have more in common with their dog or cat than their friends, and now we know why owners and their animals are such a pu...
18:42, 07/05/2019

This Free People Apparel Isn't Free, People, But It's Cheaper Than Usual Ultimate boho brand Free People’s effortlessly cool, vintage-y styles don’t come without some heavy lifting on the part of your wallet. But today, fl...
20:56, 05/09/2019

If Uber Wants It, It's Bad If you are negotiating with someone, and they are willing to make concessions as long as they keep one, single, big thing, then that is the thing tha...
17:28, 06/14/2019

Pop! Goes the Uber Things haven’t been going so hot for Uber, which is burning through billions of dollars a year with no fleet of driverless taxis in sight to stop it....
05:56, 08/15/2019

Uber Wants to Be the Uber of Everything The ride-hailing company, headed for its IPO next week, aims to dominate the world of transportation, from food delivery to freight. But can it make ...
22:42, 05/03/2019

Here's What You Need to Do to Take an Uber or Lyft at PDX Now Figuring out the best mode of transportation for leaving an airport can be tricky, especially if your preferred method is using a rideshare app. Conf...
00:42, 05/15/2019

Uber's IPO might just be a bust Based on how two high-profile initial public offerings have done lately, Uber might be better off pitching itself as a delivery service for plant-bas...
19:28, 05/07/2019

|Uber'shypedissolvesandIPOjoinsranksofWallStreetflops Uber plunged immediately at the opening of trading, falling as much as 8.8% from its IPO price of $45 per share, a level that was already at the low ...
07:56, 05/12/2019

Here's who gets rich from Uber's IPO Over the last decade, Uber raised unprecedented amounts of funding from a who's who of investors to pave the road for its rapid expansion into cities...
10:00, 05/13/2019

Rich people hunt people who we're assuming aren't rich in teaser for Blumhouse's The Hunt One of our most anticipated flicks of the year might be The Hunt, a Blumhouse thriller that, like the Purge franchise before it, appears to have the ...
19:56, 07/15/2019

Uber Cuts More Than 400 Jobs Uber cut 435 technical employees in the company’s latest downsizing as it faces market pressures to turn a profit and the possibility of higher drive...
01:42, 09/11/2019

Uber lays off 435 employees The company counts nearly 100 million customers to app, but is having hard time making money. This is the second round of layoffs this year for Uber....
05:56, 09/11/2019

Uber Prices IPO at $45 a Share Uber priced its initial public offering at $45 a share, near the low end of its expected range as the ride-hailing giant grapples with choppy markets...
00:28, 05/10/2019

Should Uber Bar Felons From Becoming Drivers? The tight U.S. labor market is pushing more employers to consider hiring nontraditional candidates, including some with criminal records. That is int...
11:14, 05/22/2019

Uber says IRS looking at its 2013-14 tax returns The U.S. Internal Revenue Service is currently looking at Uber Technologies Inc's taxes for 2013 and 2014, and the ride-hailing company said it expec...
14:14, 06/04/2019

Is the Uber of babysitting safe? Need a babysitter? There’s an app for that. Uber-esque babysitting services, including the popular Bambino and UrbanSitter, are gaining traction amon...
09:56, 08/15/2019

Uber To California: Make Us AB5, the California bill that would codify a state Supreme Court ruling putting in place a strict test for whether a worker classifies as an indepen...
03:56, 09/12/2019

Uber will now kick you off its app if your rating is too low According to an app researcher Jane Manchun Wong with a history of impressive scoops that come from her constant reverse-engineering of popular mobil...
01:14, 05/30/2019

Uber And Lyft Don't Have A Right To Exist On Wednesday, Uber and Lyft released a new petition against Assembly Bill 5, the California bill about to be debated in the Senate that, if passed, w...
17:28, 08/30/2019

Uber And Lyft Take A Lot More From Drivers Than They Say In July, an Uber driver we’ll call Dave—his name has been changed here to protect his identity—picked up a fare in a trendy neighborhood of a major ...
23:00, 08/26/2019

Uber reports $5.2B net loss in Q2, revenue up 14% The ride-hailing company said the large net loss reflected $3.9 billion of stock-based compensation expenses related to its initial public offering. ...
01:28, 08/09/2019

A bad Uber rating could get you banned from the service If your Uber rating is too low, you could be banned from using the car-riding service. Uber announced it was refreshing its guidelines.   ...
01:42, 05/30/2019

Uber has a solution for chatty drivers We've all been there. You've had a long, tiring day, and you hail a ride to get home. Your driver is nice, but they're perhaps a littl...
14:00, 05/15/2019

Bad riders could be banned under new Uber policy Badly behaving Uber passengers can be banned from using the ride-sharing service if their rating score falls below a certain threshold, the company s...
19:42, 05/29/2019

Uber shares slump for second day after ill-fated IPO Uber Technologies Inc's shares fell as much as 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received Wall Str...
20:56, 05/13/2019

Uber's IPO Was Just a Bump in the Road, Top Executive Says Uber staff remain focused on global expansion following last month’s initial public offering, said Brooks Entwistle, the company’s chief internationa...
11:56, 06/14/2019

How the Promise of a $120 Billion Uber I.P.O. Evaporated Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in p...
03:28, 05/16/2019

Uber Has Poisoned an IPO Market That Was Sick Anyway Uber’s flop makes it harder for the next big Silicon Valley unicorn trying to shift its losses on to public markets, just as Snap’s dire debut did tw...
19:56, 05/14/2019

The Legal Argument That Could Destroy Uber Days after Uber began selling stock, the National Labor Relations Board’s top lawyer gave the company a huge gift. In an advice memo, the general co...
20:14, 05/20/2019

TLC approves permanent cap on Uber, Lyft in NYC The city is slamming the brakes on Uber and Lyft. The Taxi and Limousine Commission voted unanimously Wednesday to permanently extend the freeze on n...
21:28, 08/07/2019

Uber threatens to withdraw from Austria U.S.-based ride-hailing service Uber Technologies Inc threatened on Tuesday to withdraw from Austria if a new law that would subject it to the same p...
16:42, 06/18/2019

Lyft and Uber Earnings: What to Watch The ride-hailing competitors are set to report their second quarterly earnings since their initial public offerings this week. The reception thus far...
13:28, 08/07/2019

Uber Freight HQ opens in Chicago Uber today announced the opening of its Chicago-based Uber Freight HQ, which it says will be one of the engineering hubs for its transport business.R...
18:14, 09/09/2019

Rude Uber Riders Could Be Booted From The App Uber riders prone to rude behavior such as leaving trash or urging drivers to speed may be booted from the app under a policy change that took effect...
04:42, 05/30/2019

No Ride for You? Uber's Risky Ratings Uber says it will start banning riders in the U.S. and Canada with “significantly below average” ratings. “Respect is a two-way street,” Uber said, n...
13:42, 06/04/2019

Uber says IRS probing its 2013-14 tax returns The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax b...
20:00, 06/04/2019

Two Top Uber Executives Out Amid Shakeup Uber’s operating and marketing chiefs are both leaving the ride-hailing giant, less than a month after its disappointing initial public offering, as ...
23:28, 06/07/2019

Why I wouldn't panic about Uber's lackluster IPO Uber's initial public offering proved a gigantic bust. On Friday, the ride sharing company took the largest financial hit of any American company, an...
17:14, 05/14/2019

Uber loses $1B in Q1 as revenue rises 20% Uber’s loss in its first quarterly report as a public company affirmed the challenges the company faces while spending heavily to fend off ride-haili...
02:00, 05/31/2019

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released abo...
05:00, 05/31/2019

Uber slips below $70 billion value in turbulent first day It took more than two hours for Uber shares to finally start trading after Uber executives and drivers congregated at the New York Stock Exchange for...
17:14, 05/11/2019

With ring of a bell, Uber goes public With a ring of the opening bell, Uber is looking to pick up passengers as a newly public company on the New York Stock Exchange. Officials expect tra...
17:00, 05/10/2019

Analyst: Uber value will grow above IPO price Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price. But many analysts predict the pric...
22:42, 05/10/2019

Uber's IPO flops as shares slide again Downward spiral continues after stock market debut on FridayThe chief executive of Uber has urged employees to ignore “pessimistic voices” after shar...
19:28, 05/13/2019

Uber starts trading at $42, down 6.7% from IPO price Uber's stock crumpled 6.7% down from its IPO price at the start of trading in Silicon Valley's most hotly anticipated public offering in years.Read M...
18:56, 05/10/2019

Uber prices IPO at $45 a share, at low end of range Uber, in one of the most high-profile U.S. listings since Facebook's IPO seven years ago, raised $8.1 billion in adopting a risk-averse stance with i...
04:14, 05/10/2019

Uber valued at $82.4bn as it prices IPO at $45 per share Loss-making ride-hailing app asking investors to pay $45 per share – at the low end of the range it had set for Wall Street debutUber is seeking a va...
04:14, 05/10/2019

Uber, Lyft drivers strike for better pay Uber and Lyft drivers went on a nationwide strike and urged riders to boycott the services Wednesday in an effort to urge the companies to increase w...
23:00, 05/08/2019

Uber drivers strike over pay and conditions Protests take place in UK, US, Brazil and Australia as ride-hailing app prepares for stock market debutUber drivers have gone on strike in the UK, US...
23:14, 05/08/2019

Uber drivers protest ahead of IPO Drivers for Uber turned off their app to protest what they say are declining wages ahead of Uber’s initial public stock offering, expected to r...
02:42, 05/09/2019

Outside Uber HQ, Drivers Demand a Cut of the Riches SAN FRANCISCO, Calif. – Just days ahead of Silicon Valley’s most hyped mega-IPO, a group of a several hundred Uber drivers gathered in front of the c...
04:28, 05/09/2019

UPDATE 1-Uber says IRS looking at its 2013-14 tax returns The U.S. Internal Revenue Service is currently looking at Uber Technologies Inc's taxes for 2013 and 2014, and the ride-hailing company said it expec...
15:00, 06/04/2019

Uber had the worst first-day dollar loss ever of any US IPO AP Photo/Richard Drew Uber started trading on Friday in an initial public offering that valued the company at $75.5 billion. By the end of day Frida...
00:00, 05/12/2019

Uber loses more than $1bn in first quarterly report since IPO Company said it now had 93 million customers who are active on a monthly basis, 33% higher than the same period last yearUber lost more than $1bn in ...
23:56, 05/30/2019

Uber, Down $14 Billion Since Friday, May Drop Even Further Outpacing the New York Stock Exchange’s losses on another rocky day of trading, Uber’s disappointing IPO is becoming disastrous, falling an additiona...
02:42, 05/14/2019

Uber executive reshuffling drops its COO and CMO In an email that went out to employees on Friday, Uber CEO Dara Khosrowshahi said that because of progress made over the last two years, he now has m...
02:28, 06/08/2019

Two Top Uber Executives Are Out as C.E.O. Consolidates Power A month after Uber’s rocky I.P.O., its chief executive laid off two members of his executive team: the chief operating officer and the chief marketin...
00:28, 06/08/2019

Uber opens first day of trading at $42, below IPO price Uber’s public stock debut is not shaping up to be a 5-star ride. The ride-hailing giant opened its first day of trading on the New York Stock Exchang...
19:00, 05/10/2019

Two Uber Board Members Step Down Two Uber directors—including entrepreneur Arianna Huffington, who had been vocal about changing the ride-hailing firm’s culture—are resigning from it...
10:00, 07/25/2019

DealBook Briefing: Uber Is Lowballing Its I.P.O. The ride-hailing giant plans to disclose this morning that its I.P.O. could value it at $90 billion — less than it had told some investors to expect....
03:42, 04/29/2019

Uber will deactivate riders with low ratings Rude behavior or leaving trash behind could get you booted from Uber. The company has added "ratings-based rider deactivations" to its safety policy....
17:28, 05/29/2019

PayPal to invest $500 million in Uber Online payments company PayPal plans to invest $500 million in Uber Technologies as the ride-hailing firm unveiled terms for its initial public offer...
18:56, 04/28/2019

The New Provence: From Quaint to Uber-Chic Need proof this beloved vacation spot is evolving? An influx of design-savvy hotels and modern cuisine is reinvigorating the region. So long bouillab...
09:56, 07/12/2019

Parents, would you let your kid ride an Uber or Lyft by themselves? Uber and Lyft state that kids under 18 can't ride without being accompanied by an adult. Some do anyway, even with parental permission.  &...
15:00, 05/01/2019

Uber unveils IPO terms that are well below expectations Uber Technologies Inc, the world's largest ride-hailing company, plans an initial public offering that values the company as much as one-third below ...
19:14, 04/28/2019

Uber and Lyft stop hiring new drivers in NYC Both Uber & Lyft have placed a hold on new drivers in New York City. Buzz60’s Natasha Abellard has the story.       &...
21:14, 04/30/2019

Uber starts trading at $42 a share, 6.7% below IPO price Uber Technologies Inc's stock on Friday opened down 6.7 percent in its first trade on the New York Stock Exchange, in the most high-profile U.S. mark...
19:14, 05/10/2019

Uber’s IPO nightmare gets worse as stock tanks again Uber’s nightmare debut as a public company continued on Monday, with the ride-hailing giant’s stock plunging more than 10 percent after a disastrous ...
18:56, 05/13/2019

Uber promises a bottomless well of money to investors … but not yet Expect a barnstorming debut at the latest tech company listing, yet there is no sign of any profits in the near futureWho wants to invest in a compan...
11:00, 05/05/2019

Uber goes into reverse as first day stock price disappoints Stock traded at considerably lower than the $100bn hailing app had hoped to achieveUber’s hopes of a surge in the price of its shares have fallen fla...
18:28, 05/10/2019

Government To Order Uber, Ola To Go Electric: Report Some taxi players, like Ola, have previously tried to operate electric cars in the country, but with little success given inadequate infrastructure a...
17:56, 06/06/2019

Uber launching helicopter service to JFK this summer Uber is finally ready to take to the skies — and has chosen the Big Apple for its helicopter-sharing debut. The ride-hailing giant said Thursday its ...
21:28, 06/06/2019

Uber rolls out next-generation self-driving Volvo At an event in Washington, Uber unveiled a fleet of redesigned self-driving cars that it expects will hit public roads in the coming months.Read More...
05:14, 06/13/2019

How Uber Aims To Move Things Around The World Uber's biggest competitor isn't rival ride-hailing service Lyft, analysts say, but Amazon, which moves goods all over the world. It has budding busin...
07:42, 05/10/2019

Uber experiment allows Eats orders from the main app Uber has started rolling out an experimental version of its app that was made to persuade its main service's customers to try its food delivery ...
11:42, 06/05/2019

Bajaj Qute Launched On Uber XS In Bengaluru Bajaj and Uber have partnered to launch the Qute quadricycle for the Uber XS ride category in Bengaluru. This is a pilot project and it will be offer...
21:42, 06/13/2019

Uber's first investors open up about their wild ride Mike Walsh was busy trying to manage his doomed software company in 2009 when he agreed to take a 15 minute meeting with a little-known figure in the...
20:42, 05/10/2019

Uber Copter's $200 flights launch in NYC on July 9th Uber's autonomous flying taxis aren't ready to take flight yet, but according to a report in the New York Times, it will offer air transit ...
07:28, 06/06/2019

Uber drivers eye IPO riches, call for strike in U.S. and UK Some Uber Technologies Inc drivers in the United States and Britain said they will strike on Wednesday, protesting what they call low pay a day befor...
07:00, 05/08/2019

UPDATE 3-Uber says IRS probing its 2013-14 tax returns The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax b...
18:14, 06/04/2019

Uber launches helicopter service in New York The new service transports passengers from Manhattan to the John F. Kennedy International Airport for about $200.      ...
18:00, 07/10/2019

Off-duty officer stabbed after argument in Uber BARTLETT, Tenn. — Police in Tennessee say an off-duty Bartlett officer has been stabbed in the face, neck and leg by a person still being sought by p...
13:28, 06/04/2019

Uber Warns It's Under Investigation by the IRS Over Past Tax Returns Uber—the unicorn whose disastrous initial public offering last month launched a thousand think pieces—has revealed that it is currently under investi...
18:56, 06/04/2019

Ari Lennox Went From Uber Driving to Headlining Her Own Tour The R&B singer Ari Lennox spoke to GQ about her debut album, 'Shea Butter Baby,' and why she really wishes people would stop comparing her to Erykah ...
14:28, 06/17/2019

UPDATE 4-Uber says IRS probing its 2013-14 tax returns The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax b...
22:00, 06/04/2019

Cramer's week ahead: A red-hot market, and Uber's IPO "We've got a runaway freight train of a market and I'd love to see the darned thing cool off for more than a session or two," the host said...
03:00, 05/04/2019

Uber Gets Sell-Side Green Light The ride-hailing firm has a stamp of approval from nearly every large research group despite the fact that it has yet to prove its business model can...
22:28, 06/04/2019

Mike Isaac’s Uber Book Has Arrived In “Super Pumped,” Mike Isaac describes the incredible rise and fall of Travis Kalanick, the chief executive of the world’s most infamous ride-sharin...
17:42, 09/06/2019

Uber drivers and other gig workers in California could get better pay under proposed law Uber, Lyft in the crosshairs as California lawmakers look to redefine part-time job rules to boost pay, benefits for drivers.    ...
20:56, 07/17/2019

Mendoza lays out welcome mat for Uber, but drivers are yet to arrive Unlike in Buenos Aires City, the innovative ridehailing firm was welcomed by the provincial authorities in Mendoza with open arms. But while Uber was...
15:00, 05/04/2019

Disgruntled Uber drivers turn off apps The best ride-hailing app in the world is useless if it can't connect you with a vehicle, something customers often discover after last call at an ou...
07:14, 05/10/2019

Top executives leave Uber after internal shakeup NEW YORK (AP) — Uber is parting ways with two of its top executives less than a month after the company’s rocky initial public offering. CEO Da...
00:42, 06/08/2019

Uber quizzed on growth at IPO roadshow in London Uber Technologies Inc Chief Executive Dara Khosrowshahi sought to persuade money managers in London that the loss-making ride hailing firm's growth p...
16:56, 04/29/2019

Uber will test its flying taxis in Melbourne Uber has chosen the third test city to join Dallas and Los Angeles for its flying taxi trials: Melbourne, Australia. The third location was supposed ...
17:56, 06/12/2019

Volvo and Uber's first self-driving car is ready for the road Two years later, Volvo and Uber are ready to show off their first purpose-built self-driving car. They've introduced a variant of the XC90 SUV ...
17:56, 06/12/2019

Here's why the Uber, Lyft protests might not even work Despite the call form organizers to stop using ride-sharing apps, people could still take Ubers, Lyfts during national protests.    &...
02:00, 05/09/2019

US$84 billion? Uber is set to hit the road in this year's biggest IPO Ride-hailing company entered the final stretch of the ultimate capital-raising exercise on Friday, when it disclosed details of an initial public off...
18:42, 04/29/2019

Drivers Lead Protests Ahead of Uber IPO Drivers for ride-sharing companies protested Wednesday, saying companies such as Uber Technologies and Lyft have failed to pay drivers a living wage....
23:00, 05/08/2019

Uber to Unveil Next-Generation Volvo Self-Driving Car Uber on Wednesday will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some li...
15:42, 06/12/2019

Eyeing IPO riches, Uber drivers go on strike in U.K. and U.S. Uber drivers in London and New York started a day of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that i...
14:42, 05/08/2019

Uber drivers protest, but $9 billion IPO rides on Despite calls for strikes by Uber drivers, there was little initial evidence of a lack of drivers in London or New York, two of Uber’s largest market...
21:28, 05/08/2019

Uber Set to Price IPO at Midpoint of Target Range or Below Uber Technologies is on track to price its initial public offering at the midpoint of its target or below, according to people familiar with the matt...
21:14, 05/08/2019

Uber Is Latest Firm to Flounder Post-IPO Many of the most anticipated technology IPOs in the past decade have disappointed investors after reporting their first quarterly results as public c...
02:56, 08/10/2019

The Morning After: Amazon drones and Uber Copter Hey, good morning! You look fabulous. In the lull between WWDC and E3 (remember to tune in for Google's Stadia announcement at noon ET), Amazon...
14:14, 06/06/2019

Uber and Ola hail interest in Addison Lee deal Uber Technologies and Ola, the Indian ride-hailing app, have expressed an interest in acquiring Addison Lee Group, potentially opening a new competit...
14:14, 07/24/2019

Uber drivers in UK cities strike over pay and conditions Drivers to take part in global protest on eve of ride-hailing app’s flotation on stock marketHundreds of Uber drivers in Britain are to go on strike ...
03:56, 05/08/2019

Uber drivers plan protest over pay ahead of IPO Uber Technologies Inc's drivers in six U.S. cities are planning to shut their apps for 12 hours on May 8 to protest against low wages and working con...
00:28, 04/30/2019

Uber COO, marketing chief step down - memo Uber Technologies Inc Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina are leaving the company, Chief Executive Off...
01:42, 06/08/2019

Starbucks to deliver nationwide with help from Uber Eats Starbucks will take delivery nationwide in early 2020 through a partnership with Uber Eats. Buzz60’s Sean Dowling has more.    ...
16:42, 07/24/2019

Uber upgrades its Jump scooters and bikes Uber has revealed its second-generation Jump electric scooters, which will feature bigger wheels and improved brakes. The rideshare giant showed off ...
05:00, 06/13/2019

Top Uber executives pushed out in shake-up after IPO launch Two of Uber’s top executives were pushed aside last week in a management shake-up at the ride-share company following its lackluster initial pu...
19:42, 06/08/2019

Uber unveils its vision of flying taxis Uber presented a grandiose vision of flying vehicles whisking people around cities at its annual flying car conference Tuesday in Washington, DC, a d...
00:42, 06/13/2019

Uber has more than 100 million users, but is still losing money Uber might seem ubiquitous, but the ridesharing company is still growing, it reported in its quarterly earnings. In July, more than 100 million peopl...
04:14, 08/09/2019

Uber and Lyft stop accepting new drivers in NYC Uber and Lyft have stopped hiring new drivers in New York City, due to a newly-passed law aimed to tamp down on an already oversaturated rideshare ma...
03:28, 04/30/2019

They Got Rich Off Uber and Lyft. Then They Moved to Low-Tax States. Meet the semiretired millennials who left California for low-tax, low-stress places like Texas, as their former start-ups stampede toward the stock m...
12:56, 05/09/2019

Uber Posts Its Largest Quarterly Loss Uber reported its largest-ever quarterly loss, weighed down by heavy competition in Latin America and elsewhere, as well as a large expense related t...
06:42, 08/09/2019

Why Uber Drivers Will Strike Around the World on Wednesday We’re just days out from Uber making its multibillion-dollar move to the New York Stock Exchange and thousands of drivers from around the world are p...
22:14, 05/07/2019

Uber unveils next-generation Volvo self-driving car Uber unveiled its newest Volvo self-driving car as it works to deploy vehicles without drivers under limited conditions. Uber said the production-rea...
21:00, 06/12/2019

Uber driver fired for kicking gay couple out of car Uber has fired a New Jersey driver for kicking out two female passengers for being gay, according to a new report. Kristin Michele and Jenn Mangan ha...
22:56, 09/09/2019

Uber and Lyft drivers are striking over pay and job security Ridesharing drivers for have acted on promises to go on strike over labor conditions. Workers for Uber, Lyft and other companies in 10 cities (inclu...
19:14, 05/08/2019

Former Uber Employee Says 'Safe Rides Fee' Was the Rip-Off You Always Suspected Uber has, across its 10-year history, been the subject of any number of public scandals—from workplace sexual harassment and data privacy to labor st...
18:56, 08/24/2019

New Uber feature to silence drivers - but it comes at a price It is well-known that taxi drivers often like to chat with their customers, but if you prefer a quieter journey, then ride-hailing app Uber has the a...
19:28, 05/17/2019

New Lawsuit Against Uber Is Set to Test Its Classification of Workers A class-action suit on behalf of drivers in federal court in California, filed on Wednesday, accused Uber of wrongly classifying drivers under the st...
00:28, 09/13/2019

Dutch minister: I did not have contact with Uber on tax plan The top Dutch tax politician has denied meeting representatives of Uber Technologies, in answer to questions from parliament about why the company ha...
19:42, 09/02/2019

Like Uber, But For Organs: First Kidney Delivered By Drone A kidney needed for transplantation has been delivered by a drone for the first time ever, the University of Maryland Medical Center said, a developm...
07:14, 05/02/2019

| Like Uber, but for organs: First kidney delivered by drone A kidney needed for transplantation has been delivered by a drone for the first time ever, the University of Maryland Medical Centre said, a developm...
07:14, 05/02/2019

Uber's Jump will take on Lime's e-bikes in London Londoners have seen multiple bikeshare companies come and go -- including ofo, oBike and Urbo. When Lime introduced its e-bikes in December, it seeme...
20:00, 05/24/2019

Uber will start banning riders with low ratings Uber said Wednesday that it will start banning riders with low ratings, a significant change to the company’s previous policies. The ride-shari...
22:42, 05/29/2019

Uber will start booting riders with low ratings Better be nice to your Uber driver and keep those stars up. Beginning Wednesday, the ride-hailing app will start to boot the worst of its boorish rid...
20:56, 05/29/2019

How Uber is turning everyone in the company into a data scientist Uber has built internal tools and platforms that others in the company can leverage, bringing cutting-edge expertise to anyone within the company.Rea...
03:56, 07/31/2019

Uber is sued over resistance to California 'gig' employment law A driver for Uber has sued the company for misclassifying its drivers as independent contractors, hours after California legislators voted to help th...
18:14, 09/12/2019

Uber could give you the option to ‘favorite’ drivers Uber might be developing a feature that lets riders add drivers as a "favorite" so they can ride with them again in the future. App researcher Jane M...
17:28, 05/29/2019

Uber driver accused of being a Somali war criminal An Uber driver with a near-perfect five-star rating has just been outed as an accused Somali war criminal who carried out acts of torture, according ...
16:56, 05/15/2019

An Uber riddle, a cat caper and a character called Tim It’s all happening on book club nightTwo days before book club, my wife comes to find me in my shed.“I’m going over the road to look at the kittens,”...
07:14, 06/22/2019

Uber is sued over resistance to California 'gig' contractor law A driver for Uber has sued the company for misclassifying its drivers as independent contractors, hours after California legislators voted to help th...
17:00, 09/12/2019

Uber riders can buy transit tickets on app for Denver NEW YORK (AP) — Riders in Denver will soon be able to buy tickets for public transportation using the Uber app, the latest step on the ride-hailing c...
17:28, 05/02/2019

Uber to cut about 400 employees, citing 'mediocre results' Uber went public in May and currently trades just below the IPO price. The San Francisco-based company and its hometown rival, Lyft Inc., are under p...
23:00, 07/30/2019

Uber Takes Texas Taxpayers For A Ride Uber, the ride-hailing company that has lost $16.2 billion over the last two and a half years, got a bit of good news thanks to the generosity of Tex...
19:56, 08/22/2019

Uber CEO expects further pressure as shares add to losses, down 12% Uber Technologies Inc's shares fell 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received market debut, and i...
00:28, 05/14/2019

Uber reports $1B loss as revenue rises Car sharing giant Uber has met its first quarter forecast, with a loss of $1 billion but increasing revenue and users. The losses were the result of ...
08:14, 05/31/2019

Uber trying to put brakes on Florida salon app’s trademark A single mother from Florida is gearing up for battle with ride-hailing behemoth Uber over an app she is building. Carolina Vengoechea, 45, tells The...
04:14, 08/22/2019

Uber parties for IPO were so wild an employee had to resign Hopefully Uber drivers on duty skipped these alcohol-fueled company parties. In-house bashes on the day the company went public reportedly got so out...
21:42, 05/18/2019

Uber to ban riders with low ratings: will you pass the test? Failure to tip, a refusal to chat … even where you sit could influence how drivers rate you and under a new policy could see you bannedWill your Uber...
09:42, 06/01/2019

Uber driver pulls out sex toy on cops who feared it was a gun A Connecticut Uber driver was tackled to the ground by police who believed he was reaching for a gun — only for him to whip out a sex toy, authoritie...
02:00, 07/02/2019

Uber CEO says it 'sure looked like' Levandowski took Google's files Uber CEO Dara Khosrowshahi said: "I wasn’t here when we brought Anthony on board but what I do know is that we went to incredible depths to make sure...
02:42, 08/30/2019

Uber's First-Quarter Loss Tops $1 Billion The ride-hailing company’s loss topped $1 billion in its first quarterly report as a public company, affirming its continuing challenge of spending h...
23:28, 05/30/2019

There's a Good Chance Your Uber or Lyft Hasn't Gone In For Its Recalls Uber and Lyft are bad at recalls, Tesla is still sliding, Maven is packing up in some markets, and Toyota is playing games, all in The Morning Shift ...
20:00, 05/21/2019

BlackRock, Other Big Investors Spoil Uber's Coming-Out Party Uber Technologies grew to be the nation’s most valuable startup thanks to support from some of the biggest investors around, but that support became ...
19:56, 05/19/2019

Ride-hailing firm Uber steps on the gas as IPO looms Ride-hailing service Uber is going public on Friday, and it's been billed as one of the largest IPOs in the history of the New York Stock Exchange. B...
14:56, 05/09/2019

Uber and Lyft's poor performance is a 'big advantage' for IPO investors, says pro Uber and Lyft's trajectories as newly public companies are a boon for the buy side of the IPO market, says Renaissance Capital's Kathleen S...
00:14, 09/09/2019

California’s nanny state politicians might kill off Uber Uber has revolutionized the transportation industry, created a gig economy for part-time flexible employment, and improved the lives of millions of A...
00:28, 08/13/2019

Uber contradicts own research with London congestion ad claim Poster displayed near two TfL offices said car-pooling service helped reduce trafficAn Uber advertising campaign in London has claimed that its car-p...
23:28, 08/26/2019

Uber to price blockbuster IPO against grim market backdrop Uber Technologies Inc will price its initial public offering on Thursday, the most high-profile U.S. listing since Facebook Inc seven years ago, agai...
13:28, 05/09/2019

Uber Must Act Against Those Who Harassed Disability Rights Activist: Centre The Centre has asked app-based cab aggregator Uber India to act against two of its drivers, who had allegedly harassed disability rights activist Arm...
15:00, 07/04/2019

‘Quiet Mode’ is now an option for Uber rides, but there’s a catch The idea of a “Quiet Mode” in Uber — which actually started out as a meme a few years ago — has now become a reality. Accordi...
04:28, 05/16/2019

Uber Prepares for IPO at Midpoint of Target Range or Lower The landmark IPO of ride-hailing firm Uber is expected to price later Thursday as investors weigh a broader stock-market decline and the struggles of...
20:14, 05/09/2019

Uber's next business idea: Lending money to drivers Uber is reportedly looking into offering loans directly to drivers, according to a report from Recode. The ride sharing company recently sent out an ...
04:14, 09/08/2019

Uber's COO and CMO to step down as CEO Khosrowshahi takes on bigger role Khosrowshahi said he will take on a more involved role in the company, with the heads of core businesses such as Ridesharing and Uber Eats now report...
07:14, 06/08/2019

Starbucks plans nationwide delivery in the US with Uber Eats More Americans will be able to take advantage of on-demand Frappuccinos. Starbucks announced today that it's expanding its partnership with Uber...
02:14, 07/24/2019

Uber tests a $25 Pass that covers Eats and transportation Uber is testing a subscription option that offers all-inclusive or discounted access to all its services. It's trialing a few variants of the pl...
02:56, 07/23/2019

Colombia fines Uber more than $629,000 for obstructing regulatory visit Colombia's commerce regulator said on Monday it would fine ride-hailing company Uber Technologies Inc more than $629,000 for obstructing a regulator...
01:15, 08/13/2019

MTA employee busted using work E-ZPass for Uber side gig He thought he was on E-Z street. An MTA Bridges and Tunnels employee was busted using his work E-ZPass at least 130 times — while doing a side gig as...
19:28, 08/14/2019

California signs new law fighting Uber labor practices So-called independent contractors may have to be reclassified as employees under a new law. Lawmakers in other states are looking to California as a ...
00:14, 09/19/2019

Uber Air flying taxi service to be trialled in Melbourne Telstra, Macquarie, Westfield-operator Scentre Group, and Melbourne Airport to help the Silicon Valley darling launch a third Uber Air pilot city and...
02:28, 06/12/2019

Uber, Lyft drivers strike during rush-hour Uber and Lyft drivers participated in a two-hour strike on Wednesday morning as part of a nationwide protest of Uber's treatment of drivers. &#...
20:42, 05/08/2019

Uber Eats now lets you preorder the food you want to eat in a restaurant Uber has introduced a brand new feature of its food delivery service that involves absolutely no food delivery whatsoever. Instead of having a driver...
19:28, 07/03/2019

Mets find a new hero after 112-mile Uber ride An Uber driver named Jason picked up his passenger at 1050 IronPigs Way in Allentown, Pa., early Wednesday evening. The rider needed to go about 112 ...
17:14, 05/23/2019

Bolt won’t beat Uber by copying it – it needs to forge its own path Bolt, previously known as Taxify, is a ride-sharing app and one of Estonia‘s four unicorns (AKA startups valued at over $1 billion). On a visit to Ta...
15:28, 05/23/2019

Uber’s Twisted Logic Means This Isn't a Strike. It's a Boycott Today, many Uber and Lyft drivers in major cities across the country are striking to protest their pay and working conditions, in large part because ...
20:28, 05/08/2019

Uber and Lyft drivers strike for better transparency about how much they’re paid Ride-hailing drivers began striking and demonstrating in multiple cities, starting on the East Coast. Despite some drivers in New York City logging o...
01:14, 05/09/2019

Uber drivers cross Brooklyn Bridge to protest IPO Uber and Lyft drivers turned off their apps Wednesday to protest declining wages at a time when both companies are raking in billions of dollars from...
23:42, 05/08/2019

Uber, Sun Mobility tie up to offer electric three-wheelers in India Ride hailing company Uber Technologies Inc and Bengaluru-based start-up Sun Mobility said on Wednesday they will partner to offer commuters in India ...
14:42, 07/24/2019

Florida Uber driver has ear medically reattached after fight FORT LAUDERLDALE, Fla. (AP) — An Uber driver nearly lost an ear in a fight in a parking garage at a Florida airport. The South Florida SunSentinel re...
21:14, 06/11/2019

Uber rang in its IPO with champagne and mimosas. Then the hangover began. Uber's IPO celebrations were boozed-filled benders that and occasionally got out of control, hearkening back to the company's culture under ousted CE...
20:00, 05/17/2019

Uber Copter to Offer Flights From Lower Manhattan to J.F.K. For an 8-minute, one-way flight, the average ride will cost between $200 and $225 per person and include private ground transportation on both ends o...
02:28, 06/06/2019

Loss-making Uber does not look like a business worth $90bn As drivers protest and the IPO roadshow rolls on, investors need to ask some tough questionsGood luck to those Uber workers protesting about wages an...
03:14, 05/09/2019

Man accused of fatally shooting Uber driver and another passenger A Maryland man has been arrested in connection with the fatal shooting of his Uber driver and another passenger, the Prince George's County Police De...
05:00, 08/30/2019

This Interview With Uber's CEO Should Be Placed in a Time Capsule For the Year 2029 Uber lost a mind-boggling $5.2 billion last quarter, but the company’s CEO, Dara Khosrowshahi, is still optimistic that Uber will be able to make mon...
14:14, 08/30/2019

The answer to Uber's profit challenge? It may lie in its trove of data Over the past two years, Uber Chief Executive Dara Khosrowshahi has used his peace-making and political skills to settle battles with lawmakers and r...
11:56, 05/09/2019

Indian Drivers Face The Heat As Uber Plans IPO As Uber drivers planned a global strike on Wednesday ahead of the ride-hailing giant's massive initial public offering (IPO), Uber drivers in India s...
11:14, 05/09/2019

Short-term markets are putting Uber in trouble Uber's rise until now has been fueled by investors' willingness to subsidize a big market buildout. But post-IPO, the company is being hit by new rea...
18:56, 05/16/2019

Ex-Uber engineer Levandowski charged by U.S. in Waymo case The indictment of Anthony Levandowski, announced Tuesday by federal officials, adds a new criminal chapter to the saga that hung over Waymo’s civil c...
21:00, 08/27/2019

Amazon squares up to Uber with backing for UK food app Deliveroo Amazon has led a funding round in British online food delivery company Deliveroo, pitting itself against Uber Eats and other smaller providers in an ...
11:14, 05/17/2019

Amazon is backing Uber Eats rival Deliveroo in the UK Amazon's restaurant delivery service in the UK folded in late 2018, because it couldn't keep up with rivals like Deliveroo. Now, the corpor...
12:14, 05/17/2019

Uber, Lyft say they help ease traffic congestion. New study says otherwise. Ride-sharing services like Uber and Lyft have become popular by offering a convenient alternative to crowded public transportation and stressful city...
05:28, 05/09/2019

It Looks Like Uber's Sleazy Approach to Driver Lawsuits Could Be Backfiring Uber has had what can best be characterized as a shitstorm of scandals in its decade-long run, and that isn’t even including any misconduct kept out ...
04:28, 05/09/2019

Uber Eats may soon offer an unlimited delivery subscription Paying for delivery is so passé, and Uber Eats knows it. Like Postmates, DoorDash and the UK's Deliveroo, which all offer unlimited food ...
14:14, 05/22/2019

UPDATE 1-Dutch minister: I did not have contact with Uber on tax plan The top Dutch tax politician has denied meeting representatives of Uber Technologies , in answer to questions from parliament about why the company h...
21:42, 09/02/2019

Protesting Uber, Lyft drivers cause massive backup: ‘We will not be ignored!’ The plan to snarl traffic and protest outside Gracie Mansion was hatched moments after Uber revealed Friday afternoon it would mimic Lyft’s policy of...
01:00, 09/18/2019

Uber’s IPO bombs, has worst debut for marque name in a decade Uber’s IPO is officially a bust. The ride-hail giant finished its first day of trading on the New York Stock Exchange down nearly 8 percent — making ...
04:56, 05/11/2019

Family of slain Chicago cab driver sues Uber CHICAGO (AP) — The family of a Chicago cab driver who died after being hurt in a fight with a ride-sharing driver is suing Uber. Fangqui Lu is wanted...
07:14, 06/05/2019

Uber's High-Profile IPO Upsets With Weak Debut Uber skidded into the public markets, falling 7.6% below the ride-hailing giant’s already conservative offering price in a bleak debut for the nation...
01:28, 05/11/2019

Fears about gig economy send Uber tumbling in its first day of trading Uber went public at the low range of expectations and fell about 8 percent after trading began, an embarrassing debut for what was supposed to be one...
01:28, 05/11/2019

Uber's IPO went off amid outcry over labor conditions and wages Uber's much-anticipated IPO happened this morning, with shares hitting the New York Stock Exchange under the symbol UBER. The IPO raised $8.1 bi...
01:00, 05/11/2019

Beyond Meat shares spike another 14%, leaving Uber in the dust after IPO Shares of Beyond Meat, which makes plant-based meat substitutes, surged more than 14% on Tuesday, adding to their stellar start in the public market....
22:56, 05/14/2019

Uber's market debut sours most anticipated IPO since Facebook Uber Technologies Inc's conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate ...
00:42, 05/11/2019

Uber drivers are contractors, not employees, U.S. labor agency says A U.S. labor agency has concluded that ride-hailing company Uber Technologies Inc's drivers are independent contractors and not its employees, which ...
00:00, 05/15/2019

Uber and Lyft Are Trying to Compete with Google Maps For Some Reason When you’re trying to figure out how to get somewhere, the odds are pretty good your first move is opening Google Maps. But Uber and Lyft each want t...
03:14, 07/20/2019

Uber now lets premium riders opt out of conversations with drivers Uber is rolling out a bunch of new features for Uber Black premium riders, including the ability to request "quiet time" and help with luggage.Read M...
06:00, 05/15/2019

This brilliant free app tells you if it’s cheaper to take Uber or Lyft Doug Feigelson’s app Anyride has been out for a few months now, which means it’s still new enough that you might not have heard of it or ...
01:14, 06/05/2019

Uber posts $1B loss in its first quarter as a public company Uber Technologies reported a $1 billion loss in its first quarterly report as a public company on Thursday, despite a 20 percent rise in revenue, pos...
22:56, 05/30/2019

Lyft share price crash sucks the air out of Uber’s IPO Expectations of the valuation investors are likely to put on Uber when it lists are falling in line with the shares of its closest competitor that be...
19:00, 04/28/2019

Off-duty officer stabbed in Memphis after argument in Uber BARTLETT, Tenn. (AP) — Police in Tennessee say an off-duty Bartlett officer has been stabbed in the face, neck and leg by a person still being sought...
12:14, 06/04/2019

Softbank shares come under pressure after Uber's rough first day of trading Shares of Japanese conglomerate Softbank Group came under pressure in Monday's trading session following the large losses seen on ride-hailing g...
07:14, 05/13/2019

Uber and Lyft Confront High Driver Turnover Uber and Lyft are banking on a future where ever-more riders rely on ride-hailing. But that future assumes the companies will be able to accomplish s...
20:28, 05/12/2019

Uber braced for bumper tax bill as IRS and other countries investigate Taxi app firm’s ‘transfer pricing positions’ under examinationUS, UK, Netherlands and India reviewing company’s taxesUber is under investigation by U...
17:56, 06/04/2019

How to market uber-luxury travel to the super wealthy CEO of Half Moon Bay Antigua, William Anderson, explains to CNBC's James Wright how to sell $25M plots to the super rich, when the resort hasn&#...
21:14, 05/31/2019

Uber wants to sell you Echos, AirPods and Oculus headsets Uber is taking its retail offerings up a notch. Last year, the company teamed up with Cargo to let drivers hawk goods ranging from snacks to phone ch...
18:42, 07/17/2019

Uber is testing PIN-based pickup at the Portland airport Finding your Uber at a crowded arrivals curb while several other passengers are doing the same can be daunting. To help alleviate that pain, Uber is ...
03:42, 05/14/2019

Uber, Indian Oil To Offer Fuel Discounts To Drivers Ride-hailing giant Uber on Thursday announced it is partnering with state-run Indian Oil Corp Ltd (IOCL) to offer discounts to drivers on petrol, die...
15:14, 05/31/2019

Uber glitch charged some customers 100x what they expected to pay Uber riders in a number of cities around the world on Wednesday were met with some stress-inducing sticker shock when noticing the price they’d...
05:28, 07/19/2019

These Uber and Lyft Drivers Can Tell You in Great Detail How They're Getting Screwed Thousands of Uber and Lyft drivers drove in a slow protest caravan in New York City today asking for stronger legal protections, just a week after Ca...
08:00, 09/18/2019

Uber makes long-awaited IPO by trading at $42 per share Ride-share company Uber made its long-awaited initial public offering Friday -- with an initial list price of $45 per share, which fell to $42 by the...
20:28, 05/10/2019

Uber shares likely to fall in stock market debut Uber Technologies Inc shares are likely to open below their initial public offering price of $45 in their long-awaited market debut on Friday, early ...
19:14, 05/10/2019

Cashing out in Uber's IPO: China, Russia and the Middle East In 2015, Uber Technologies Inc went on a fundraising spree in China, tapping venture capitalists and state-backed corporations for cash and connectio...
08:14, 05/10/2019

5 ways Uber changed our lives as company IPO arrives Even with questions lingering about its finances as its IPO arrives, this much is settled: Uber has forever altered the way we travel, talk and work....
07:42, 05/10/2019

12-year-old girl took Uber alone to jump to her death, family says A 12-year-old Florida girl called an Uber to bring her to a parking garage to kill herself, and her family blamed the the company this week for her d...
18:00, 06/07/2019

Uber and Eight Other Once-Small Startups Are Now Worth a Combined $250 Billion Despite the tough economy, startups such as Uber, Pinterest and Airbnb benefited from scrappy entrepreneurs as well as the rise of the smartphone and...
01:42, 05/10/2019

Uber shifts into lower gear, prices IPO at $45 per share SAN FRANCISCO (AP) — Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. The world’s le...
23:42, 05/09/2019

The top tech IPOs this year have outperformed the S&P 500, despite Uber and Lyft Thanks to the performance of Beyond Meat, investors who focus on venture-backed tech IPOs have done well this year despite some notable disappointmen...
16:28, 09/14/2019

Count Goldman's Millionaire Clients as Big Winners on Uber Wealthy clients of Goldman Sachs will emerge with deeply discounted stakes in Uber when it goes public this week, placing them among the biggest winn...
19:14, 05/08/2019

As WeWork's Losses Mount, It Aims to Distance Itself From Uber As WeWork heads toward an initial public offering, its chief executive is aiming to give assurances that the office-space giant isn’t another money-l...
23:42, 05/15/2019

Uber set to price blockbuster IPO at low end of target range: source Uber Technologies Inc is set to price its initial public offering on Thursday at the low end of its targeted range, a person familiar with the matter...
23:00, 05/09/2019

Uber and Eight Other Once-Small Startups Are Now Worth a Combined $225 Billion Despite the tough economy, startups such as Uber, Pinterest and Airbnb benefited from scrappy entrepreneurs as well as the rise of the smartphone and...
21:56, 05/09/2019

Uber to limit drivers' app access to comply with NYC regulation Uber on Tuesday will begin limiting drivers' access to its app in New York City to comply with regulation aimed at boosting drivers' pay and easing c...
04:14, 09/17/2019

Uber’s $82 billion valuation underwhelms in most anticipated IPO since Facebook Uber priced its IPO at the low end of its target for a valuation of $82.4 billion, an underwhelming result for the most anticipated IPO since Faceboo...
12:42, 05/10/2019

RPT-Cashing out in Uber's IPO: China, Russia and the Middle East In 2015, Uber Technologies Inc went on a fundraising spree in China, tapping venture capitalists and state-backed corporations for cash and connectio...
12:56, 05/10/2019

SoftBank's Vision Fund to borrow $4 bln against stakes in Uber and two others - FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blo...
07:28, 05/30/2019

‘Uber of Weed’ wants to raise $100M despite app store bans Snoop Dogg-backed cannabis company Eaze is raising a new round of financing that’s expected to value it at $800 million — despite Google trying to ki...
07:14, 05/30/2019

Uber tumbles 9% in rocky stock market launch Uber Technologies Inc's shares fell nearly 9% in their New York Stock Exchange debut on Friday, marking a rocky start for one of the most high-profil...
19:14, 05/10/2019

Uber makes its hotly anticipated public debut Ride-hailing giant Uber will begin life as a public company Friday, under pressure to start trading strongly after conservatively pricing its initial...
19:00, 05/10/2019

Uber IPO Stumbles, Stock Price Opens at $42 a Share Uber shares opened at $42 on the New York Stock Exchange, 6.7% below the ride-hailing service’s IPO price of $45, a rare setback for a high-profile d...
18:56, 05/10/2019

Uber restricts drivers’ app access in NYC to comply with regulation Uber will begin limiting drivers’ access to its app in NYC to comply with regulation aimed at boosting drivers’ pay and easing congestion in Manhatta...
13:14, 09/17/2019

Uber launches in Hamburg, now live in six German cities Uber said on Wednesday it was launching ride-hailing services in Germany's second city, Hamburg, as it seeks to achieve scale in a country where it h...
00:28, 07/17/2019

Ride-hailing firm Uber in biggest IPO in five years Ride-hailing service Uber went public on Friday, and the event had been billed as one of the largest IPOs in the history of the New York Stock Exchan...
16:56, 05/10/2019

Uber Is 'Worth' Twice As Much As Ford Because That's the Insane World We Live In Now Every high school economics teacher tells their students—or should, at least—that the entire field depends on the assumption that people act rational...
16:14, 05/10/2019

The next Uber will come from the $1.2 trillion global truck and shipping industry The shipping business is huge and inefficient. But a number of start-ups, including Flexport and Convoy, which was founded by former Amazon executive...
16:14, 05/15/2019

Dad claims he caught Uber driver raping his daughter A father claims he caught an Uber driver raping his daughter after he tracked her on a new app when she didn’t come home. The horrified dad all...
04:28, 06/08/2019

Uber Drivers’ Day of Strikes Has Muted Start Before Company’s Big I.P.O. Drivers for the ride-hailing company in Australia and Britain began a series of planned work stoppages to protest ride-hailing companies’ wages and w...
17:56, 05/08/2019

U.S. Ride Share Drivers Will Strike On May 8th Ahead of Uber IPO Uber and Lyft drivers in major U.S. cities have united to strike during peak hours on Wednesday May 8th for two hours from 7AM to 9AM local time, acc...
22:56, 05/04/2019

UK Drivers to Stage Massive Strike Coinciding With Uber's IPO Rideshare drivers across the Atlantic have plans to sign off the Uber app and spend their time protesting in four major metro areas. The message, coo...
18:00, 05/03/2019

Investor group demands changes to Uber's board ahead of IPO Investor group CtW called for the removal of John Thain from Uber's board and said the board's composition "falls short of best practices."...
11:14, 05/02/2019

Uber adds London's public transportation info to its app Londoners can now compare their public transport and ridesharing options in the Uber app. Tuesday, the company added real-time Underground, bus, trai...
03:28, 04/30/2019

UPDATE 3-Uber unveils next-generation Volvo self-driving car Uber Technologies Inc unveiled its newest Volvo self-driving car in Washington on Wednesday as it works to eventually deploy vehicles without drivers...
05:00, 06/13/2019

Uber's flying taxi will slash your commute by 2023 Uber has whipped the curtains off its first prototype passenger drone, which it says will be able to whisk passengers to their destinations at up to ...
14:42, 06/24/2019

Uber takes IPO roadshow to New York as demand builds up Uber Technologies Inc CEO Dara Khosrowshahi and his top management team took the ride-hailing giant's investor roadshow for its initial public offeri...
22:42, 04/30/2019

UPDATE 2-Uber unveils next-generation Volvo self-driving car Uber Technologies Inc on Wednesday unveiled its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers...
01:00, 06/13/2019

Uber Vows to Fight California Legislation on Gig Economy California passed landmark employment legislation that challenges the business model of such gig-economy companies as ride-hailing giants Uber and Ly...
04:42, 09/12/2019

Uber's hopes go into reverse in new TfL battle for London licence Uber Technologies is facing an uphill struggle to secure a long-term licence from London's transport regulator little more than a year after it was f...
23:00, 08/03/2019

This Uber driver needs a great steering wheel that won't fly off when she's driving Here is a good idea that we stand by: When buying a car, make sure it has a great steering wheel that doesn’t fly off when you’re driving. That would...
21:43, 07/26/2019

Uber expands Pro perks globally, but drivers would probably prefer better pay Uber is bringing its driver-focused Uber Pro service to international markets, including Mexico and India, following a series of pilot programs.Read ...
20:28, 07/02/2019

Uber’s London Taxi Rival Will Cost You Peanuts Carlyle must be hoping that some of Uber’s magic valuation dust rubs off on Addison Lee. The investment has been difficult for the private equity fir...
11:28, 05/03/2019

Uber stock plunges after whopping $5.2B quarterly loss Uber shares plunged 6.3 percent in late trading to $40.27, after the ride-hailing giant reported a disappointing quarter capped by a record $5.2 bill...
06:42, 08/09/2019

What the Strike Ahead of Uber’s IPO Exposes About American Inequality The instant Uber shares start trading on the New York Stock Exchange Friday, lots of people and groups are going to make millions—and in some c...
19:56, 05/07/2019

Denver Uber users can buy public transit tickets in the app Uber customers in Denver can now use the app to purchase transit tickets. This makes Denver the first city in the world to get the added capability, ...
20:42, 05/02/2019

Students: Know the rules of the road before your Uber or Lyft summer gig Driving for Uber or Lyft could be an ideal way for college students to earn some summer cash. Here are some rules of the road they should know first....
15:14, 06/13/2019

Polish payment system Blik to be available on Netflix, Uber: PPS CEO Netflix, Uber and other companies will soon accept payments using Poland's Blik, said the chief executive of Polish Payment Standard (PPS), the compa...
20:28, 06/28/2019

Uber and Lyft Cut Off Hiring of New Drivers in NYC as New Regulations Appear to Work Lyft and Uber are halting onboarding for new drivers in New York City following last year’s historic vote that lifted the wage minimum for drivers ri...
21:56, 04/30/2019

Uber Lays Off More Staff as It Seeks a Route to Profit Uber on Tuesday said it was laying off about eight percent of its product and engineering teams as the smartphone-summoned ride service tries to map ...
16:14, 09/11/2019

WSJ: Facebook's cryptocurrency finds backing from PayPal and Uber Facebook has secured some pretty big backers for Project Libra, according to The Wall Street Journal. PayPal, Uber, Visa and Mastercard are reportedl...
15:14, 06/14/2019

Uber loses $5 billion in Q2 2019 despite big uptick in trips Enlarge / Headquarters of ride-sharing technology company Uber in the South of Market (SoMa) neighborhood of San Francisco on October 13, 2017. (cre...
23:56, 08/08/2019

Uber’s no-good, terrible-rotten bad Q2 loses more than $5 billion Enlarge / Headquarters of ride-sharing technology company Uber in the South of Market (SoMa) neighborhood of San Francisco on October 13, 2017. (cre...
00:14, 08/09/2019

Uber Sets $5.2 Billion on Fire In Biggest Loss Ever Well, well, well! If it isn’t our beleaguered rideshare giant Uber reporting yet another quarter of continued losses after its disastrous IPO earlier...
00:42, 08/09/2019

Uber sees biggest-ever quarterly loss: $5bn in three months Second earnings report shows worse-than-predicted losses and revenue growthUber lost $5.24bn in the last three months, its largest-ever quarterly los...
23:28, 08/08/2019

"Uber, Ola Ruined Everything": Abhishek Singhvi's Dig At Finance Minister Senior Congress leader Abhishek Manu Singhvi this morning questioned Prime Minister Narendra Modi-led government on how would it fulfill the promise ...
08:14, 09/11/2019

Hundreds of Uber Drivers in Toronto Are Joining a Union In a growing number of cities where rideshare platforms operate, drivers are fed up with the low pay, long hours, and lack of basic worker protection...
22:56, 06/26/2019

Uber Rides Get Cheaper With New Bajaj Qute Car on UberXS Uber has launched a new ride-hailing service in Bengaluru that will use miniature gas-powered cars called Qute to win over commuters stressed out by ...
11:42, 06/14/2019

Uber & Lyft have stopped accepting new NYC drivers, report says Both Uber & Lyft have placed a hold on new drivers in New York City. Buzz60’s Natasha Abellard has the story.       &...
17:00, 04/30/2019

U.S. denies Tesla, GM, Uber 25% Chinese tariff relief The Trump administration is expanding efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc f...
02:28, 06/14/2019

Uber cuts 435 jobs in its product and engineering teams Uber is still bleeding cash, and that's unfortunately contributing to job cuts. The ridesharing firm has laid off 435 employees in its product ...
01:14, 09/11/2019

Man busted for robbing Dunkin’ Donuts and fleeing in Uber A Long Island man was busted for robbing a Dunkin’ Donuts — after using an Uber as his getaway car, according to cops. Andrew Sandson, 57, is a...
17:14, 06/17/2019

Uber Cuts Third of Marketing Staff; Lyft COO Exits Ride-hailing rivals Uber and Lyft went through separate staff shake-ups, as Uber cut about 400 jobs in its marketing department and Lyft eliminated i...
23:28, 07/29/2019

Uber kicks off IPO roadshow with secret meeting in London Uber Technologies Inc. chief executive Dara Khosrowshahi sought to persuade money managers in London that the loss-making ridesharing firm’s growth p...
14:14, 05/02/2019

Volvo and Uber unveil autonomous production XC90 Volvo’s self-driving ready XC90 is ready for deployment in Uber’s future driverless ridesharing service Volvo has presented the fruits of its ongoin...
21:00, 06/12/2019

Volvo unveils first fully self-driving vehicle for Uber Uber and automaker Volvo on Wednesday unveiled a new self-driving sport-utility vehicle they say is the next step in reaching autonomous rideshare tr...
18:42, 06/12/2019

Uber Faces Class-Action Suit in Australia Uber Technologies is alleged to have destroyed livelihoods and operated in Australia illegally, in a lawsuit brought by thousands of taxi and limousi...
10:00, 05/03/2019

Uber faces uphill legal fight against California law Uber's announcement that it would continue to classify its California drivers as contractors despite new state legislation classifying the workers as...
10:28, 09/13/2019

Uber Eats driver caught masturbating just after delivery An Uber Eats delivery driver was allegedly caught masturbating inside his car by the New Jersey woman to whom he’d just delivered an order, aut...
01:28, 06/20/2019

Uber Names Melbourne as First Non-US City for Flying Car Programme Uber has selected Melbourne, Australia, as the first non-US city for its aerial ridesharing service that is expected to launch in 2023, as it unveile...
10:00, 06/12/2019

What you're watching, mutual fund scrutiny, and Uber's 'bloodbath' Netflix When you sit down to watch a TV show or movie on Netflix, you're helping fine tune the streaming giant's recommendation engine. As BI report...
05:56, 08/05/2019

Uber CEO’s assurances fail to stop stock slide Wall Street hit the brakes on Uber Friday — despite vows from chief executive Dara Khosrowshahi that its record $5 billion loss, reported late Thursd...
23:14, 08/09/2019

Australian taxi drivers sue Uber over 'illegal operations' A law firm has filed a class action against Uber Technologies Inc on behalf of thousands of taxi and chartered drivers in Australia, accusing the wor...
06:56, 05/03/2019

Drivers Start Strikes Ahead of Uber’s Blockbuster I.P.O. A walkout by Australian drivers began a series of planned work stoppages around the world to protest wages and work conditions of ride-hailing servic...
11:42, 05/08/2019

Uber and Lyft drivers on two-hour strike Wednesday Uber and Lyft drivers in New York will participate in a two-hour strike on Wednesday morning as part of a nationwide protest of Uber's treatment...
17:42, 05/08/2019

De Blasio plans to make NYC’s cap on Uber, Lyft permanent City Hall is putting the cap on Uber and Lyft – again. Ten months after the City Council voted to halt the issuance of new licenses for app-based for...
18:28, 06/12/2019

No Lyft for Uber shares after results fall short Shares of Uber Inc fell 10% in early trading on Friday after the ride-hailing service missed most Wall Street targets in its quarterly earnings repor...
20:56, 08/09/2019

Uber won’t reclassify drivers as employees, despite California’s AB5 ruling Uber has said it has no plans to reclassify its vast army of drivers as employees, in light of the the gig workers’ rights bill passed in the Califor...
13:14, 09/12/2019

Uber, Lyft drivers plan to strike in cities across the US NEW YORK (AP) — Drivers for ride-hailing giants Uber and Lyft are planning to turn off their apps to protest what they say are declining wages at a t...
07:00, 05/08/2019

OpenTable now offers delivery with help from Uber Eats and Grubhub As of today, you can use OpenTable's updated iOS app to book dinner reservations or have your food delivered. OpenTable announced that it's...
16:14, 07/24/2019

Uber makes it easier to find bikes and scooters in its app As of today, when Uber customers in Atlanta and San Diego open their Uber app, they'll see Jump bikes and scooters, as well as Lime scooters, in...
22:14, 07/01/2019

Uber stock rises after NLRB rules drivers are not employees Uber drivers who are agitating for full-time employee status face a lengthy stretch ahead. Shares of the ride-hailing giant rose 3.3% on Wednesday, a...
10:42, 05/16/2019

Uber braces for fight over shift in gig-economy work rules Lawmakers in California want to reclassify workers treated as independent contractors, which may dramatically boost costs for Uber, Lyft and other co...
07:00, 09/12/2019

Drivers group plans work stoppage ahead of Uber IPO NEW YORK (AP) — An organization representing for-hire drivers in New York City says its members will go on a two-hour strike against Uber and Lyft ah...
02:14, 05/04/2019

UPDATE 2-Uber drivers are contractors, not employees, U.S. labor agency says A U.S. labor agency has concluded that ride-hailing company Uber Technologies Inc's drivers are independent contractors and not its employees, which ...
22:56, 05/14/2019

Uber drivers are contractors, not employees, U.S. labor relations board says Drivers of ride-hailing company Uber Technologies Inc's were independent contractors and not its employees, the U.S. National Labor Relations Board s...
22:56, 05/14/2019

Uber's First Hired Employee, Ryan Graves, Is Leaving the Board Ryan Graves, Uber Technologies Inc.’s first hired employee and one of its longest standing directors, is leaving the board two weeks after the compan...
03:00, 05/25/2019

Signs of price truce push Lyft, Uber higher Lyft Inc's hints that its cut-throat rivalry with U.S. ride-hailing rival Uber Inc is easing may prove bad news for customers but it sent shares in...
17:28, 08/08/2019

French ride-hailing app Kapten to launch in London, take on Uber French ride-hailing app Kapten, formerly called "Chauffeur Prive", has won approval from Transport for London to launch its services in the British c...
11:28, 05/16/2019

Uber's High Profile Stock Market Debut Disappoints ber had considered going public for at least four years. Yet the ride-hailing company picked a week for its IPO plagued by market turbulence fuelled ...
09:56, 05/11/2019

Amazon has been quietly running an 'Uber for trucking' service since last year It's Amazon's first foray into the freight brokerage space, which includes major competitors like Uber Freight, C.H Robinson, and XPO Logis...
19:28, 04/30/2019

Congratulations to Uber, the Worst Performing IPO in U.S. Stock Market History Rideshare unicorn Uber doesn’t do anything small. When it was in the game of raising money, it raised close to $25 billion. When it loses that money—...
01:28, 05/11/2019

UPDATE 4-Uber drivers are contractors, not employees, U.S. labor agency says Drivers for ride-hailing company Uber Technologies Inc are independent contractors and not employees, the general counsel of a U.S. labor agency has ...
06:28, 05/15/2019

Baby bird takes its own Uber to Utah wildlife rescue OGDEN, Utah — A local wildlife rescue is giving a good Samaritan five stars for his creative approach to saving an abandoned baby bird. Staff were su...
07:42, 07/11/2019

Uber Eats courts smaller European restaurants with new offer Uber Eats is opening up its platform to more restaurants in Europe that prefer to use their own delivery staff, seeking the business of smaller, inde...
03:42, 07/03/2019

Uber Stock Slides in Disappointing Trading Debut That Followed Muted I.P.O. Uber’s road to the public market has been rocky. Last year, investment bankers said it could be valued at $120 billion upon I.P.O. That number has de...
19:56, 05/10/2019

Finance Minister's "Ola, Uber" Remark Misinterpreted, Says Nitin Gadkari Minister of Road Transport and Highways (MoRTH) Nitin Gadkari said says that Finance Minister Nirmala Sitharaman's statement on the slowdown in the a...
21:14, 09/11/2019

Uber settles with UK women who accused driver of sexual assault Firm had contested allegations but has reached undisclosed out-of-court settlementsUber has reached out-of-court settlements with two women who alleg...
17:14, 06/27/2019

Uber fizzles in Wall Street debut, opens below $45 IPO price Uber Technologies Inc's shares made a disappointing market debut on Friday, marking a rocky start for the most anticipated initial public offering of...
21:14, 05/10/2019

Uber prices blockbuster IPO conservatively to raise $8.1 billion: sources Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range, raising $8.1 billion, two people familiar ...
23:28, 05/09/2019

Uber And Lyft Drivers Shouldn't Expect To Be Employees Any Time Soon AB5, the California bill that would codify a state Supreme Court ruling putting in place a strict test for whether a worker classifies as an indepen...
22:15, 09/11/2019

Loophole Allows NYC Uber and Lyft Cars to Pollute More Than Yellow Cabs New York City’s yellow cabs are iconic of the city itself, though many locals like myself prefer the cost and ease of ridesharing apps like Lyft. Tur...
21:28, 05/30/2019

Exclusive: India to order taxi aggregators like Uber, Ola to go electric India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and re...
14:00, 06/06/2019

At $14,777, Could This 2014 Nissan NV200 Taxi be an Uber-Good Deal? One of the best ‘dad jokes’ is when someone asks you to call them a cab and you reply with “okay, you are a cab.” Today’s Nice Price or Crack Pipe NV...
16:56, 06/03/2019

Uber closes down 7.67%, putting chill on big IPO year for tech stocks Uber performed a historic face plant on its first day of trading. Now the stable of unicorns hoping to IPO this year will have to see the fallout.Rea...
00:14, 05/11/2019

Warren Buffett 'looked' at Uber investment 18 months ago, but passed More than a year ago Warren Buffett looked into investing in ride-sharing company Uber, which is going public this year at a valuation above $80 bill...
15:00, 05/04/2019

Visa, Uber, and PayPal Are Reportedly Backing Facebook's Cryptocurrency After months of rumors, it appears a Facebook cryptocurrency is imminent. Reports last week said its planned launch is slated for June 18, and now it...
22:14, 06/14/2019

Uber intends to treat drivers as contractors despite California bill California is likely on the cusp of making gig companies treat independent contractors as employees, but Uber doesn't think the potential law wi...
00:28, 09/12/2019

Uber's IPO underwriters recommend buying, estimate deep losses The underwriters of Uber Technologies' initial public offering on Tuesday overwhelmingly recommended the company's shares, even as they estimated dee...
20:00, 06/04/2019

Lyft, Uber drivers planning worldwide strike next week New York drivers for Uber, Lyft and other ride-sharing apps will be joining colleagues from across the globe by briefly going on strike Wednesday to ...
00:56, 05/04/2019

Yandex, Uber JV to buy Vezet group call centres in Russia Russian internet company Yandex NV said on Monday its ride-sharing and food delivery joint venture with Uber Technologies Inc had agreed to buy intel...
12:00, 07/15/2019

Uber's first post-IPO earnings report shows another $1 billion lost Uber's first earnings report as a public company shows that while its revenue is higher than last year; the company is still hemorrhaging money....
01:28, 05/31/2019

Brazil court rules Uber drivers are freelancers, not employees A Brazilian high court has ruled that Uber drivers are not employees of the mobile ride-hailing company, a decision that bolsters its business model...
01:00, 09/05/2019

Uber now reminds riders to check for cyclists before opening their door Uber will soon roll out push notifications that indicate when riders' drop-offs are near bike lanes, giving them ample time to check for oncoming cyc...
21:14, 05/15/2019

Lyft and Uber to Post Earnings Amid Legislation Concerns The ride-hailing rivals are set to report their second quarterly earnings since their initial public offerings. The reception thus far hasn’t been gr...
19:00, 08/07/2019

Uber starts mapping Dallas roads to aid its self-driving efforts Uber is still testing self-driving cars in a very limited fashion, but that isn't stopping it from expanding its efforts to a new city. The rid...
09:42, 09/18/2019

Uber Cites Tight Competition After Posting $1 Billion Loss Uber executives sought to reassure investors about its growth as an onslaught of competition from ride-hailing and delivery rivals led to a $1 billio...
02:28, 05/31/2019

Uber driver busted for sexually abusing young passenger A Connecticut Uber driver was arrested for sexually assaulting a juvenile passenger he was driving home, police said. The driver, 31-year-old Dwaine ...
05:00, 07/17/2019

Uber sued for 'hundreds of millions' in Australian class action Uber is no stranger to lawsuits on any continent, but a new class action filing from four Australian states looks set to become one of the largest in...
14:28, 05/03/2019

Uber and Lyft admit they're making city traffic worse Uber and Lyft may be competitors but as the two major ridesharing companies, they also have a lot in common -- including the challenges they face. To...
21:56, 08/06/2019

Fake Uber Driver Gets 30 Years For Sexually Assaulting Teen FORT MYERS, Fla. (AP) — A Florida man who pretended to be an Uber driver to sexually assault a college student has been sentenced to 30 years in pris...
21:14, 06/18/2019

Uber, Lyft Get Creative, but Investors Aren't Blind to Losses Uber, Lyft and other big startups have touted their new business models that disrupt old industries but lose historic amounts of money. To try to win...
13:42, 05/14/2019

The Innisfil experiment: the town that replaced public transit with Uber Ridership is high and there’s plenty of work for drivers, but success has come at a cost to this Ontario townPhotographs by Cole BurstonWhen Daniel A...
15:00, 07/16/2019

Uber accused of ‘deceptive’ tactics in food-delivery fee battle Uber is being accused of using “deceptive” tactics to fight its regulatory battles in the Big Apple. The ride-hailing giant — scrambling to thwart a ...
20:56, 09/12/2019

Uber Posts $1 Billion Loss in Its First Quarter as a Public Company Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up ...
09:42, 05/31/2019

McDonald's DoorDash Deal Delivers Blow to Uber Eats DoorDash will start making deliveries from McDonald’s restaurants in Houston later this month, a blow to Uber Technologies’ deal to ferry the burger ...
09:56, 07/17/2019

Why Uber and Lyft drivers caused rush-hour chaos Hundreds of angry Uber and Lyft drivers created a rush-hour nightmare on two of the city’s busiest highways — the FDR and BQE — Tuesday to protest a ...
09:42, 09/18/2019

Uber Offering Discounted Rides To National Veterans Cemeteries (LEX 18)– To recognize the sacrifices made by our fallen heroes and their families, Uber is offering discounted rides Monday. Uber riders can g...
13:14, 05/27/2019

Uber Vows to Keep Fighting a Sweeping California Labor Bill SACRAMENTO, Calif. (AP) — California lawmakers confronting the changing definition of work approved sweeping legislation Wednesday designed to ...
08:42, 09/12/2019

Ride-hailing drivers in New York to strike ahead of Uber IPO Uber Technologies Inc's drivers in New York will go on strike next week shortly before the ride-hailing company goes public to protest what they view...
23:42, 05/03/2019

Rich Uber Passengers Can Now Demand Silence From Their ‘Contractor’ Drivers Through the App Congratulations to Uber, a company currently valued at $67 billion by the stock market that has never made any money and lacks a viable business mode...
00:56, 05/16/2019

Women realize mid-trip that drunk man is not their Uber driver, police say Two would-be Uber passengers traveling in Nashville learned mid-trip their driver was not only reportedly drunk, he wasn't even a real ride-shar...
20:00, 05/14/2019

Deluge of analyst reports on Uber expected after IPO quiet period With the quiet period related to Uber Technologies disastrous IPO last month coming to an end, investors can expect a deluge of analyst research init...
21:56, 06/03/2019

Great fanfare as Uber gets its stock on the road, but app stalls in New York Could this be the moment the sentiment on Wall Street turned against the tech sector?Uber’s stock market debut came with all the usual razzmatazz of ...
16:28, 05/12/2019

Uber Glitch Charges Users 100 Times Normal Price in the US Uber passengers in multiple cities were startled Wednesday when they were charged 100 times their normal fare for short trips, a glitch that sparked ...
15:28, 07/18/2019

SoftBank's Vision Fund to borrow $4 billion against stakes in Uber and two others: FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blo...
07:00, 05/30/2019

Uber error charges riders 100 times more than the original price An error in Uber's systems on Wednesday led to people being charged 100 times what their ride should have cost. One user was charged $2,053 doll...
14:14, 07/18/2019

Supreme Court Asks For Probe Against Uber To Be Completed Within 6 Months The Supreme Court has asked the Director General of Competition Commission of India (CCI) to complete a probe into the allegations of ''predatory pri...
00:56, 09/12/2019

I'm Sure Austria Is Really Scared by Uber's Threats to Pack Up Its Toys and Go Home Spurred on by looming unfavorable legislation and stock market disappointment, Uber is reportedly playing hardball again, this time with the entire c...
01:56, 06/19/2019

This is how much you should tip your Uber Eats, Door Dash or GrubHub delivery driver If you don't know how much you should tip your Uber Eats, DoorDash or Postmates driver, this is the amount both customers and drivers agree on. ...
03:28, 07/25/2019

Australian Taxi Drivers Sue Uber Over Wages They Say Its Arrival Cost Them In their lawsuit, the drivers accuse the ride-hailing giant of operating illegally in the country and of destroying their livelihoods. Uber denied th...
20:00, 05/03/2019

NYC Extends Cap on Uber and Lyft Vehicles, Institutes New Rules on 'Cruising' Almost a year ago to the day, New York City made the historic move to freeze the number of rideshare vehicles on its roads, a move meant to reduce co...
21:28, 08/07/2019

Uber claims new California law still won't force it to classify drivers as employees A top Uber executive attempted to defuse concerns about a potential existential threat to its business shortly after lawmakers in California approved...
02:42, 09/12/2019

Uber fights fee cap with lobbyists who pose as restaurant reps: critics Uber is being accused of using “deceptive” tactics to fight its regulatory battles in the Big Apple. The ride-hailing giant — scrambling to thwart a ...
05:14, 09/12/2019

Mexico unveils policy to withhold Uber drivers' taxes Mexico's Finance Ministry on Monday laid out plans to withhold tax from drivers for ride-hailing and food delivery firms such as Uber Technologies In...
21:42, 05/20/2019

Uber and Lyft to turn the wheels on car ownership: industry experts Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services a...
03:00, 05/23/2019

Uber to open third Latin America support center in Bogota Ride-hailing app Uber will spend $40 million over five years to open its third support center in Latin America in September in the Colombian capital ...
06:00, 05/23/2019

Uber drivers set to protest around the world ahead of the company's $90 billion IPO Drivers are also expected to stage protests against Uber and Lyft in at least eight cities around the U.S., including New York, Chicago and San Franc...
11:14, 05/08/2019

Uber chief executive laments U.S. trade policy for lackluster IPO Uber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company's initial public offering last month was hurt by U.S. trade tensions ...
20:28, 06/11/2019

SoftBank's Vision Fund Poised to Reap Big Uber Gain SoftBank’s Vision Fund, the world’s largest technology investor, is set to be a big winner on Uber’s blockbuster IPO this week, with a paper profit o...
11:42, 05/08/2019

Uber prices IPO at $45 per share, at lower end of target range -sources Uber Technologies Inc on Thursday priced its initial public offering at $45 per share, according to people familiar with the matter, at the lower end...
23:14, 05/09/2019

Charges filed against former Google engineer who prompted lawsuit against Uber The U.S. attorney’s office filed charges in San Jose against former Google executive Anthony Levandowski, who allegedly stole self-driving car trade ...
09:00, 08/28/2019

Uber shares will be overvalued the day they go public, growing number of skeptics say While Uber's IPO is drawing big-name buyers, there's a rising chorus of voices saying the world's biggest ride-hailing company is over...
16:00, 05/01/2019

U.S. denies Tesla, Uber 25% tariff relief on components, e-bikes The Trump administration is expanding its efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla I...
21:00, 06/13/2019

Lyft shares hit record low, piling pressure on Uber ahead of IPO Lyft Inc's stock slumped nearly 11% on Wednesday to a record low after the ride-hailing company posted a deep quarterly loss, putting pressure on Ube...
23:14, 05/08/2019

Uber loses bid for U.S. tariff relief on Chinese-made e-bike The U.S. Trade Representative's Office rejected Uber Technologies Inc's request for relief from 25% tariffs imposed on Chinese-made electric bicycles...
21:00, 06/13/2019

Uber Outlines First-Quarter Results After Cutting Valuation Target Uber moved its target valuation lower, setting a range of about $80.5 billion to $91.5 billion for its initial public offering, and gave hungry inves...
23:56, 04/28/2019

Uber Freight launches in Germany, taking on local competition U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's...
17:28, 07/24/2019

20% of New York drivers for apps like Uber have had to rely on food stamps Ints Kalnins/Reuters Uber improved margins by cutting driver pay, writes an industry expert in American Affairs. Drivers for ride-sharing services h...
00:00, 06/08/2019

UPDATE 3-Uber prices blockbuster IPO conservatively to raise $8.1 bln -sources Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range, raising $8.1 billion, two people familiar ...
23:14, 05/09/2019

Uber Freight Expands to Germany, Faces Local Competition Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's $500 billion trucking mark...
16:00, 07/24/2019

Uber COO, marketing chief step down in leadership overhaul: memo Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi wants to take more control of operations and is overhauling the ride-hailing company'...
04:00, 06/08/2019

McDonald's Deal With DoorDash Delivers Blow to Uber Eats DoorDash will start making deliveries from McDonald’s restaurants in Houston later this month, a blow to Uber Technologies’ deal to ferry the burger ...
23:28, 07/16/2019

Betting addict forged Uber receipts to con £90k from Deloitte bosses A city accountant who swindled his bosses at Deloitte out of more than £90,000 with bogus taxi expenses to bankroll a secret gambling addiction has b...
14:56, 06/11/2019

Uber’s graph expert bears the scars of billions of trips One of Uber's experts in building knowledge graphs, Joshua Shinavier advises fellow data scientists that "real data is messy, but the fact is, if you...
06:14, 05/09/2019

Uber, Lyft drivers plan strikes in major cities Ride-hailing drivers in Boston, Los Angeles, New York, San Francisco and other large cities said they would participate in the strike on Wednesday an...
18:00, 05/08/2019

Uber Freight launches in Germany, faces local competition U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's...
06:56, 07/24/2019

California Labor Bill, Near Passage, Is Blow to Uber and Lyft The companies seem to have fallen short in efforts to dodge legislation classifying many workers in the gig economy as employees and not contractors....
02:28, 09/10/2019

Uber strike London: Why are drivers striking? How long will the boycott last? Hundreds of Uber drivers are expected to stage protests in cities across the UK tomorrow ahead of the rideshare firm's bumper stock market flotation ...
20:14, 05/07/2019

Uber's European rival Bolt enters London market, again Estonia's Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to pas...
02:42, 06/11/2019

Uber loses billions, falls short of revenue targets The US ride-hailing giant saw disappointing returns in its second quarter report. Uber has not yet reached profitability, as it continues to subsidiz...
04:42, 08/09/2019

Government Asks Uber India To Take Action Against Erring Drivers The Social Justice and Empowerment Ministry has asked Uber India to take action against erring drivers after a disability rights activist alleged he ...
01:14, 07/04/2019

Report: Many Uber, Lyft drivers fail to respond to recalls NEW YORK (AP) — One in six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to C...
23:28, 05/21/2019

The bigger they are, the harder they fall — WeWork and Uber’s fight against reality We now know that Uber is worth one of two amounts: precisely $68.95bn or absolutely anything. Never before has a company both been a worthless empty ...
14:14, 07/01/2019

'They treat us like crap': Uber drivers feel poor and powerless on eve of IPO Wage cuts and inadequate bonuses mean drivers are left behind as ride-hailing firm prepares for stock market debutA lot of very rich people will get ...
08:56, 05/07/2019

One Country's Uber-Convenient, Incredibly Invasive Digital ID System Residents of Estonia use their digital identities to vote, fill prescriptions and start businesses. Proponents say the system solves one of the inter...
17:56, 05/09/2019

How Corporate Delusions of Automation Fuel the Cruelty of Uber and Lyft As drivers around the world went on strike just days before Uber’s IPO, they shared harrowing stories of being overworked and underpaid, subjected to...
18:28, 05/09/2019

As Uber gears up for IPO, many Indian drivers talk of shattered dreams In 2016, Rajesh Raut started driving an Uber taxi in Mumbai, hoping he could earn more than the $215 he received each month for making flatbreads at...
11:00, 05/08/2019

Uber, Lyft Poised to Lose Fight Against California Measure The proposed bill would force ride-sharing companies Uber Technologies and Lyft to reclassify many drivers as full-time employees, likely upending th...
14:42, 09/10/2019

Uber Account Takeover Bug Found by Indian Researcher, Now Fixed Uber has recently fixed a hacking bug found by Indian cyber-security researcher Anand Prakash which allowed hackers to log into anyone's Uber account...
01:14, 09/17/2019

Bhairavi Desai On Why the Uber and Lyft Strikes are the Future of Labor On Wednesday, drivers for Uber, Lyft, and lesser-known services like Via and Juno will sign out of their apps and stop picking up passengers as pa...
23:00, 05/08/2019

US briefing: China trade war, Uber IPO and fake heiress sentenced Friday’s top story: Beijing vows to retaliate as Trump administration imposes 25% tariffs. Plus, what happened after half a tonne of cocaine washed u...
15:00, 05/10/2019

Tesla, GM, Uber denied relief from U.S. tariffs on China goods The White House, citing 'Made in China 2025’ or other industrial programs, is expanding efforts to block the use of the country's technology in advan...
01:28, 06/14/2019

Uber launches ScUber: an underwater ride-hailing service It was a pun waiting to happen – Uber has launched an underwater ride-hailing service named, naturally, ScUber.ScUber is a partnership with To...
17:28, 05/23/2019

U.S. Government Denies Tesla and Uber Chinese Tariff Exemptions The U.S. is doubling down on its refusal to exempt Tesla’s and Uber’s request to dodge a 25 percent tariff on key parts for its electric cars and ent...
01:42, 06/14/2019

Uber set to sign massive lease at 3 World Trade Center The deal will give the ride-hailing app seven floors, totaling more than 300,000 square feet, with an option to take an eighth floor for an additiona...
08:28, 09/14/2019

Grannies In Running Shoes Are Delivering Ramen For Uber In Japan Uber's strategy for Japan, where ride-sharing is banned, is as unique as the country itself - think grandma in running shoes delivering ramen noodles...
20:28, 07/07/2019

Uber set to debut on NYSE, hopes to avoid Lyft's fate Ride services giant Uber Technologies Inc is set to make its long-awaited stock market debut on Friday, after its initial public offering was priced ...
17:28, 05/10/2019

Panera Bread now delivers through DoorDash, GrubHub and Uber Eats Panera Bread can't resist the siren's call of offering food through third-party delivery apps. The restaurant chain has made its delivery ...
21:28, 08/27/2019

Ride-hailing firm Uber sees rocky start in IPO Ride-hailing service Uber went public on Friday, and the event had been billed as one of the largest IPOs in the history of the New York Stock Exchan...
18:42, 05/10/2019

Uber brings electric bike service JUMP to London Taxi app Uber will pilot its electric bicycle service JUMP in London from Friday as it makes 350 bikes available to rent in a part of Britain's capit...
04:56, 05/24/2019

Uber Eats dine-in option lets you pre-order your food Uber Eats has a new option for those diners who want the ambiance of a restaurant but hate the wait. The company has unveiled a dine-in feature in so...
07:28, 07/03/2019

Uber Comfort launches with bigger cars and ‘no conversation’ option Uber is rolling out a new service level for riders today, one that offers additional "comfort" features such as extra leg room and quiet time. Read M...
18:28, 07/09/2019

Uber reports $5.2 billion loss, despite rising revenue, after going public The staggering loss showed Uber is having trouble finding a path to profitability for its array of businesses — including ride-hailing, food delivery...
00:14, 08/09/2019

Rush-hour Uber and Lyft driver strike was a flop in NYC Ride-hailing strike? What ride-hailing strike? A driver strike that was planned for Wednesday-morning rush hour against ride-sharing services like Ub...
16:28, 05/08/2019

Uber lays off 400 employees, continues big shake-up of marketing team Uber has blamed its recent losses partly on costly promotions to attract riders and drivers, which were crafted by its marketing department.  &...
02:42, 07/30/2019

Uber has 99 million active consumers on its platform in Q2, but revenue misses Uber's ability to expand its business into food delivery and freight pays off somewhat, but Lyft's more focused approach on ride sharing shows some e...
23:56, 08/08/2019

Uber enlists "Qute" to take on India's choked, polluted roads Uber Technologies Inc has launched a new ride-hailing service in India's tech capital Bengaluru that will use miniature gas-powered cars called "Qut...
21:00, 06/13/2019

Are You An Uber Driver? Send Us Your Flat Surge Fare Screenshots Over the last few weeks, we’ve been hearing from an increasing number of Uber drivers that changes to the surge price model have impacted their take-...
20:00, 05/21/2019

Tesla, GM, Uber denied relief from tariffs on China goods by U.S. The White House, citing 'Made in China 2025’ or other industrial programs, is expanding efforts to block the use of the country's technology in advan...
00:42, 06/14/2019

Uber Offers Shares At $45 Apiece In IPO, Company Valued At $82 Billion Shares will be priced at $45 for the IPO, valuing the start-up at more than $82 billion, according to a filing with the US markets regulator. San Fra...
11:42, 05/10/2019

Uber drivers are not employees, Fair Work Ombudsman rules Ruling declares that ridehailing company drivers decide whether, when and for how long they work, not when their employer saysThe ridehailing company...
05:28, 06/07/2019