METAL-NEWS-AUSTRIA.COM: Breaking News - Latest of The Hour 21:51, 06/14/2019

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 that is important. Duh. ...

If Uber Wants It, It's Bad

Source: splinternews.com

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 millions in the last two years....
17:17, 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 matches truckers with shippers looking to move cargo from one place to another....
18:34, 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.        ...
23:17, 05/05/2019

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 scanning a QR code during your ride, you'll unlock deals on everything from AirPods to luxury suitcas...
13:51, 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 business. But there's a catch: the wage floor would only apply while drivers are on a ride, which is less t...
05:17, 08/30/2019

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 low on the marketing team for months, other former employees say, leaving few surprised by the shakeup...
22:51, 08/01/2019

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 list options on Uber Technologies, Inc. (UBER), a ride-share company, on Thursday, May 16, once the u...
03:34, 05/15/2019

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 spoke to executives about the first aircraft, a helicopter-airplane hybrid at the company's Elevate conf...
15:34, 06/12/2019

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. He noted that while the market has so far punished Uber's newly minted shares, employees should be mi...
08:00, 05/14/2019

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 offering on the New York Stock Exchange....
15:17, 05/06/2019

Uber, Lyft drivers plan to strike ahead of Uber’s IPO The protests come as ride-hailing firms face increasing scrutiny over the sustainability of their businesses, which experience massive losses while relying on the work of millions of drivers who are not employees....
22:17, 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 the past two weeks, to 36 million shares from 13.6 million. The value of short positions in Uber has...
22:34, 05/28/2019

Uber, Lyft Drivers in US to Strike Ahead of Uber IPO Uber's drivers in multiple US cities will go on strike this week shortly before the ride-hailing company goes public to protest what they view as unfair employment condition....
08:00, 05/06/2019

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 tube is quicker or cheaper than waiting.The first, and perhaps only, think you’d think after he...
19:51, 04/30/2019

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, because sending the GDP of Vanuatu off a cliff every three months is Uber’s current business model, mo...
04:00, 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.        ...
08:00, 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 making any money....
02:17, 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 count toward the company's guaranteed minimum pay for orders, instead of being added on top of the check...
13:34, 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 have potentially profound implications on the gig economy, will pass. Last weekend, Governor Gavin Ne...
21:17, 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 billion valuation fell well short of speculations of $100 billion, Uber is still one of the biggest n...
11:34, 07/27/2019

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. Now, the party is really over: According to a report in Crunchbase News, Uber has decided to stop bu...
08:51, 08/15/2019

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. Confusion starts when you try to pin yourself to the correct location, and continues as you wait to be co...
06:51, 05/15/2019

|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 end of bankers’ expectations....
11:51, 05/12/2019

Uber's IPO may end up being 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-based food via Uber Eats as opposed to a company that takes passengers from point A to point B....
02:17, 05/08/2019

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 around the world. Now, as Uber finally becomes a public company, some of those investors and Uber's ...
10:51, 05/13/2019

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.       ...
23:00, 09/11/2019

IRS looking into Uber 2013-14 tax returns Uber Technologies Inc is currently under a federal income tax examination by the Internal Revenue Service (IRS) for tax years 2013 and 2014, the ride-hailing company said in a filing https://www.sec.gov/Archives/edgar/data/1543151/000162828019007524/...
12:51, 06/04/2019

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 expects unrecognized tax benefits to be reduced within the next year by at least $141 million....
13:51, 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 among harried local parents, who love that they can hail child care as easily as a car. Of course, when i...
06:17, 08/15/2019

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 U.S. metropolitan area. It was rush hour and surge pricing was in effect due to increased demand, me...
19:17, 08/26/2019

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, would almost certainly result in gig economy workers being designated as employees in the state rather...
18:51, 08/30/2019

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 and the disappointing debut of its chief rival....
01:34, 05/10/2019

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 driver pay....
05:51, 09/11/2019

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 intensifying debates about safety, fairness and likelihood of success....
20:34, 05/22/2019

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 independent contractor and has potentially profound implications on the ridehail industry, is awaiting Gover...
04:34, 09/12/2019

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 “grown bloated.”Read more......
06:17, 07/30/2019

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 mobile apps, it seems that Uber may be testing a feature that would represent a significant change to the ...
03:00, 05/30/2019

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.Read More...
18:17, 09/09/2019

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 valuation of $82.4bn, less than the $100bn it was hoping for, but still making it one of the largest IP...
01:17, 05/10/2019

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 Chief Executive Dara Khosrowshahi says he wants more direct control....
03:51, 06/08/2019

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 price will recover and grow. (May 10)        ...
09:00, 05/11/2019

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 international business officer....
15:34, 06/14/2019

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 the bell-ringing ceremony. Uber closed at $41.57, giving it a market capitalization of just $69.7 bi...
19:00, 05/11/2019

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 its equity market debut. The IPO comes against a backdrop of turbulent financial markets and the plung...
00:00, 05/10/2019

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 marketing officer....
04:34, 06/08/2019

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 more time to oversee day-to-day operations. Post-IPO, that will mean some reassigning of roles, and as...
03:51, 06/08/2019

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 benefits to be reduced within the next year by at least $141 million....
17:51, 06/04/2019

Uber drivers strike as IPO looms Just a day before its planned IPO, some Uber drivers in the U.S. and Britain planned to strike May 8 in protest at what they say is poor pay and conditions....
20:17, 05/08/2019

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 Exchange at $42 a share, well below its IPO price of $45 a share — a major setback for the company’s much-an...
18:51, 05/10/2019

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, noting that riders and drivers should meet a minimum rating threshold....
14:34, 06/04/2019

The Latest: Uber CEO tries to cool IPO hype NEW YORK (AP) — The Latest on ride-hailing giant Uber’s initial public stock offering (all times local): 10:50 a.m. Uber CEO Dara Khosrowshahi (DAH-rah CAWS-row-SHAH-hee) is trying to tamp down the hype on the first day that the general public ...
17:17, 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 wages....
01:00, 05/09/2019

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.Read more......
22:35, 09/10/2019

Here's Uber's dream of flying cars Uber presented a grandiose vision of flying vehicles whisking people around cities at its annual flying car conference Tuesday in Washington, DC, a day after a fatal helicopter crash raised safety questions about plans for increased air traffic over ...
16:00, 06/12/2019

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 raise billions for the ride-hailing giant. (May 8)        ...
02:17, 05/09/2019

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 and other countries including Brazil and Australia to demand better pay and conditions ahead of the ...
19:17, 05/08/2019

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 company’s San Francisco headquarters and took over the street in a protest demanding fair pay, benefit...
02:17, 05/09/2019

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 More...
22:51, 05/10/2019

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. ...
06:17, 08/09/2019

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 price regulations as taxis is adopted....
16:17, 06/18/2019

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 Friday, the stock was trading down 6.7% off the $45 a share, where the company had priced on Thursday nigh...
22:00, 05/11/2019

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 additional 10.8 percent in its second day as a public company.Read more......
04:00, 05/14/2019

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 two years ago....
13:00, 05/14/2019

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.        ...
05:17, 05/30/2019

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 pointed questions for all involved....
06:00, 05/16/2019

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 here Wednesday....
05:00, 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 little too eager for some chit-chat and to play their favorite radio station, when you'd like a modic...
03:00, 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 said in a policy update Wednesday....
19:51, 05/29/2019

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.        ...
13:34, 05/01/2019

Uber drivers won't talk to you – if you pay the premium Whether you're commuting into work on hangover, rushing to the airport, or getting ferried home in an inebriated state, sometimes your time in Uber isn't conducive to relaxed conversation. That's why Uber is allowing riders to stipulat...
12:00, 05/15/2019

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, and its stock plummeted by roughly 10%. Leftist activists and the Gizmodo contingent of tech foes cheer...
03:51, 05/15/2019

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. Users can now get kicked off the app if they develop a "significantly below average rating."...
17:34, 05/29/2019

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 bouillabaisse....
21:34, 07/11/2019

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 counsel’s office determined that Uber’s drivers are independent contractors, not employees. If drivers ...
20:51, 05/20/2019

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 offering on Friday, Refinitiv IFR reported....
19:34, 04/28/2019

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 what the startup's insiders had hoped for, between $80.5 billion and $91.5 billion....
18:34, 04/28/2019

Uber shares fall for second day after ill-fated IPO Uber Technologies Inc's shares fell as much as 10% on Monday, more than doubling their losses since the ride-hailing giant's poorly received Wall Street debut on Friday and raising more questions about investors' faith in its ability to make profits....
18:51, 05/13/2019

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 about its finances: they can’t stop, won’t stop losing so much freaking money....
01:34, 05/31/2019

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 trading to start around 11:30 a.m. Friday. (May 10)        ...
09:00, 05/11/2019

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....
19:00, 04/28/2019

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-hailing and delivery rivals. Uber's CFO said the company also had begun to see "less aggressive pricing" b...
03:34, 05/31/2019

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 the first three months of the year, the ride-sharing company announced on Thursday.Releasing its firs...
23:34, 05/30/2019

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 its board....
12:51, 07/25/2019

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 and high costs....
16:51, 06/06/2019

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 companies....
21:34, 08/09/2019

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 Dara Khosrowshahi told employees in an email Friday he plans to be more involved in day-to-day operatio...
01:51, 06/08/2019

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 Manchun Wong revealed the potential app addition on Monday, noting that Uber was apparently testing th...
17:00, 05/29/2019

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 aerial division, Uber Elevate, will launch a luxe service called Uber Copter on July 9 that will fly ...
21:00, 06/06/2019

The Latest: Uber reaches settlements with some drivers SAN FRANCISCO (AP) — The Latest on Uber pricing its initial public offering of stock on Wall Street (all times local): 2:45 p.m. Uber has reached settlements with some drivers who said they should have been classified as employees instead of independ...
23:51, 05/09/2019

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 of hand that one was shut down and another employee was forced to resign after a drunken outburst, a...
03:51, 05/19/2019

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 that any information that Anthony might have acquired from Google -- and it sure looked like he did ...
00:17, 08/30/2019

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. Kennedy Airport in less than half an hour. I’m still not entirely sure how it plans to accomplish the forme...
00:00, 06/07/2019

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 answer....
20:17, 05/17/2019

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 turn a profit....
21:00, 06/04/2019

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 out-of-the-way bar or arrival at a sparsely populated vacation spot....
07:51, 05/10/2019

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 businesses such as freight forwarding, food delivery and......
08:17, 05/10/2019

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 has been allowed to claim a provisional $6.1 billion tax write-off in the Netherlands....
04:51, 09/03/2019

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-sharing giant said that riders who have “significantly below average” ratings may lose access to Uber if t...
05:34, 05/30/2019

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 big spending in the lead-up to its IPO earlier in May....
07:17, 05/31/2019

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 its chief executive officer said he expected the stock to remain under pressure in the coming months....
23:34, 05/13/2019

Uber’s IPO nightmare gets worse as stock tanks again Uber’s stock went off the road on its first day of trading — and on the second day it headed off a cliff. Shares of the San Francisco-based ride-sharing app tumbled nearly 11 percent to $37.10 on Monday — its second trading session following an ill-f...
22:51, 05/13/2019

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 rating be docked if youdon’t tip? What side of the car should you sit on? Small talk or silence?Sinc...
09:51, 06/01/2019

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 had grabbed a ride-share car from their home in Oaklyn to a concert in Camden on Friday night when Mich...
19:17, 09/09/2019

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 Post that Uber has demanded she give up the name of her beauty salon app, called “BeauBer.” But she ...
04:00, 08/22/2019

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-sharing app....
22:51, 09/06/2019

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. market debut since Facebook Inc seven years ago....
20:17, 05/10/2019

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 police. Memphis police tell news outlets that the officer was sharing an Uber with a man early Sunday ...
15:34, 06/04/2019

UPDATE 2-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 benefits to be reduced within the next year by at least $141 million....
15:51, 06/04/2019

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 riders off the platform. “Respect is a two-way street, and so is accountability,” Kate Parke...
17:51, 05/29/2019

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 starting July 9th. Uber Copter will be available in New York City first, to Uber Rewards members who&...
07:34, 06/06/2019

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 business. The company has confirmed to TechCrunch that it has embedded a webview version of Eats into...
12:34, 06/05/2019

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 benefits to be reduced within the next year by at least $141 million....
21:34, 06/04/2019

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 seemed like the tide could be changing. Now, Uber's Jump will give it a go. As part of a pilot progra...
20:17, 05/24/2019

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 tech industry named Ryan Graves....
18:17, 05/10/2019

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 flat, as investors gave the taxi-hailing app’s eagerly anticipated stock market float a frosty reception...
18:34, 05/10/2019

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 benefits to be reduced within the next year by at least $141 million....
19:17, 06/04/2019

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 strikes and myriad other controversies. But thanks to a forthcoming book on the beleaguered company, em...
10:51, 08/24/2019

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 company that has never made a profit, admits it may never do so and is on the brink of war with its global ...
10:34, 05/05/2019

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 a runaway success in the capital, takeup has been slightly slower in wine country...
15:00, 05/04/2019

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 competitive front in one of the world's largest private taxi-hire markets....
13:34, 07/24/2019

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 state’s employment test....
23:51, 09/12/2019

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 thousands of those workers become, and enjoy the benefits of being, employees....
19:34, 09/12/2019

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 matter, following a big stock-market drop and the disappointing debut of rival Lyft....
21:34, 05/08/2019

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....
21:34, 05/08/2019

| 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 development that could herald faster and safer organ transport....
06:00, 05/02/2019

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 its new scooter at its third-annual Elevate conference, along with a new user swappable battery syste...
23:34, 06/12/2019

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...
20:51, 06/12/2019

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 development that could herald faster and safer organ......
04:51, 05/02/2019

Uber launches helicopter service in New York The new service transports passengers from Manhattan to the John F. Kennedy International Airport for about $200.       ...
17:51, 07/10/2019

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.       ...
18:34, 07/24/2019

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 offered in certain parts of Bengaluru, to begin with....
17:00, 06/13/2019

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 pressure from investors for heavy losses. ...
23:51, 07/30/2019

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.Read More...
11:17, 07/31/2019

Uber's RideCheck safety feature goes live across the US When Uber laid out a roadmap for safety features last year, one of the things it promised is RideCheck -- a feature that can help drivers and passengers get help in case of a crash or any other accident. Now, the ridesharing giant has released RideCh...
19:51, 09/17/2019

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 preparing to launch a series of strikes protests on Wednesday in an effort to fight for better pay and...
02:34, 05/08/2019

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,” she says. Continue reading......
09:34, 06/22/2019

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 before the ride-services company launches its initial public offering, valuing it at as much as $90 billio...
09:51, 05/08/2019

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....
01:00, 05/04/2019

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, authorities said. Eliot Buenano-Andrade, 48, was allegedly caught masturbating in his white BMW sedan, which wa...
06:00, 07/02/2019

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 Badu....
18:51, 06/17/2019

The Legal Argument That Could Destroy Uber Is About To Be Tested On October 23, an arbitrator will sit down in Uber’s New York office and hear arguments in a case that could determine the ride-hail giant’s future. It is not about the employment status of a single driver, but rather the very legality of Surge Prici...
11:52, 09/20/2019

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-ready XC90s will have factory-installed steering and braking systems designed for computer control rathe...
19:34, 06/12/2019

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.        ...
22:17, 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 market....
12:17, 05/09/2019

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 people took Ubers or used the company's services. That's the first time it hit that monthly mile...
06:17, 08/09/2019

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 conditions, two days ahead of the company's expected market debut....
03:34, 04/30/2019

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 plans justified a valuation of up to $91.5 billion in an initial public offering (IPO)....
18:00, 04/29/2019

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 market. Politico reported that Uber stopped accepting new driver applications on April 1, with Lyft fol...
05:17, 04/30/2019

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 limited conditions....
15:51, 06/12/2019

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 (including Chicago, New York City and LA) are staging actions to demand better pay and job security. The e...
02:17, 05/09/2019

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 that's designed to accept and work with Uber's autonomous driving system from the outset. ...
17:34, 06/12/2019

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 public offering. Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina lef...
19:51, 06/08/2019

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 Officer Dara Khosrowshahi said in an internal memo seen by Reuters....
11:51, 06/08/2019

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.        ...
00:17, 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 offering that could bring set its value at around US$84 billion....
18:00, 04/29/2019

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 as part of an international protest against pay and conditions on the eve of the ride-hailing app’s s...
05:34, 05/08/2019

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 to be Dubai, but negotiations fell through and prompted the company to look for another site for tria...
17:34, 06/12/2019

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.       ...
20:51, 07/17/2019

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 to its initial public offering....
07:17, 08/09/2019

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 More...
05:34, 07/03/2019

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’ve been good advice for the below Uber driver, who, as documented by one unlucky passenger, began st...
22:34, 07/26/2019

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 Arman Ali....
18:34, 07/04/2019

‘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 kill the vibe on Wednesday, sources told The Post. The San Francisco company is seeking $100 million in...
09:17, 05/30/2019

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 the main map. According to TechCrunch, Uber plans to add bike and scooter availability to its app in...
01:34, 07/02/2019

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 its chief operating officer role....
03:51, 07/30/2019

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 company behind the system....
19:17, 06/28/2019

UBER To Offer Discounts To Families Of Fallen Heroes (LEX 18) – Ridesharing company UBER will be offering discounted rides to the families of fallen military heroes UBER is offering $15 off rides to and from local National Veteran Cemeteries on Monday, May 27. Just enter “MEMORIALDAY2019” in the ...
21:51, 05/24/2019

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 allegedly found his 25-year-old daughter being attacked in the backseat of the ride-share car in Baltimo...
07:34, 06/08/2019

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 to change that. To them I say: good luck....
08:34, 07/20/2019

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 Eats, aiming for nationwide delivery by early 2020. Currently, only 11 cities offer the service; Bos...
04:00, 07/24/2019

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 has met resistance from local taxi firms, city governments and the courts....
00:34, 07/17/2019

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 claims of trade-secret theft against Uber. That case was settled last year....
03:17, 08/28/2019

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 Talinn, TNW met with Martin Villig, the company’s co-founder, to hear about Bolt’s plans to become the ...
14:51, 05/23/2019

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 miles to 123-01 Roosevelt Avenue in Queens for what would be a hefty fare during the heart of rush ho...
09:00, 05/23/2019

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 been charged ended up getting massively inflated. In what appeared to be a case of decimal points no...
00:00, 07/19/2019

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 Department said Wednesday....
18:51, 08/29/2019

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 electric auto-rickshaws in the coming months, amid a push by policymakers to encourage the use of cle...
14:17, 07/24/2019

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 delivery subscriptions, Uber is set to offer a monthly $9.99 pass that includes free delivery from an...
16:00, 05/22/2019

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 2021, which would put it lightyears ahead of the profitability projections of another transportation-...
03:51, 07/10/2019

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 for Tuesday, May 21, 2019....
00:51, 05/22/2019

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 chargers. Now, Uber and Cargo are hoping riders will buy more expensive products, like Amazon Echos, Ap...
18:51, 07/17/2019

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 pick up your order and bring it to your home, the new Uber Eats feature lets place food preorders wi...
18:51, 07/03/2019

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-pooling service reduces traffic, contradicting the findings of the US ride-hailing app company’s own r...
18:17, 08/26/2019

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 by police. Memphis police tell news outlets that the officer was sharing an Uber with a man early Su...
12:34, 06/04/2019

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 protections that shlepping strangers around entails. In the U.S., this has led to large, coordinated protests a...
10:34, 06/27/2019

UPDATE 1-Uber to unveil next-generation Volvo self-driving car Uber Technologies Inc on Wednesday will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions....
18:00, 06/12/2019

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 an Uber driver, the agency’s watchdog announced Wednesday. Operations maintainer Yaron Orenste...
21:17, 08/14/2019

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 US and foreign tax authorities, the company confirmed on Tuesday, saying it could face charges in key ...
19:51, 06/04/2019

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 Americans....
21:51, 08/13/2019

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 on a murder warrant in the September death of Anis Tungekar. Authorities say the 64-year-old Tungeka...
06:51, 06/05/2019

De Blasio plans to make NYC’s cap on Uber, Lyft permanent City Hall is putting the cap on Uber and Lyft — again. With the daily app-based for-hire vehicle trips nearing 800,000 per day, Mayor Bill de Blasio has decided to permanently suspend the issuance of new licenses, a limit passed by the City Council i...
21:17, 06/12/2019

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 become aware of it yet. But if you’re a frequent Uber or Lyft rider, you’ll definitely wa...
10:51, 06/05/2019

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 regulatory visit in 2017....
08:17, 08/13/2019

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 of the trip....
00:51, 06/06/2019

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 Thursday, will never happen again. After dropping more than 6 percent in late trading Thursday, Uber’s stoc...
23:00, 08/09/2019

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 the first outside of the United States....
08:51, 06/12/2019

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. (credit: Smith Collection/Gado/Getty Images) Uber lost more than $5 billion dollars in the second quar...
01:51, 08/09/2019

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 reports 26-year-old Sir-Christian Alexander Gordon appeared in court Thursday to face a charge of aggra...
21:17, 06/11/2019

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 report, in sharp contrast to upbeat numbers from U.S. rival Lyft Inc a day earlier....
17:34, 08/09/2019

Proposed rules in India could force Uber to go electric Uber has been trying to get more electric vehicles to join its fleet for a while now, but it might have to find a way to speed things up if India passes a set of proposed rules for clean mobility. According to Reuters, Indian officials are planning t...
20:00, 06/10/2019

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 billion loss. Uber said it lost a whopping $5.2 billion, or $4.72 a share, in the second-quarter on reven...
06:51, 08/09/2019

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 death, according to a report. Benita “BB” Diamond, who is from Orlando, was picked up by ...
17:17, 06/07/2019

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 transportation....
19:17, 06/12/2019

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 ongoing collaboration with ride-hailing firm Uber: a production ready XC90 capable of self-driving.  Fitted...
20:17, 06/12/2019

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 under some limited conditions....
01:00, 06/13/2019

Uber driver gets 3 years for kidnapping sleeping passenger NEW YORK (AP) — A man who drove for Uber in New York City has been sentenced to three years in federal prison for abducting a woman who fell asleep inside his vehicle. A judge Monday also ordered Harbir Parmar to pay more than $3,600 in restitution f...
00:00, 06/25/2019

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 150mph.The company's CEO Dara Khosrowshahi revealed the design at its annual Uber Elevate Summit...
12:51, 06/24/2019

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 money one day. Khosrowshahi sat down with Bloomberg Technology reporter Emily Chang yesterday and kept i...
17:17, 08/30/2019

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, authorities said Wednesday. Vinicius Porto, 31, had just handed off a bag of grub to a 23-year-old custo...
02:51, 06/20/2019

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 forced to go to court to overturn an outright ban....
16:17, 08/03/2019

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 reporter Ashley Rodriguez reported this week, algorithms sort through the thousands of titles available to ...
23:51, 08/04/2019

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 accused of holding up the doughnut store in Brentwood on Sunday night by handing over a note warning h...
23:51, 06/17/2019

Uber posts $1B loss in its first quarter as a public company Ride-hail giant Uber lost more than $1 billion in its first quarter as a public company. Though the eye-popping figure had been expected by investors, the company also confirmed Wall Street’s fears about slowing growth. The cash-burning outfit gave i...
10:00, 05/31/2019

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, diesel and CNG at IOCL petrol pumps across India....
13:17, 05/31/2019

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 reportedly investing around $10 million each in the social network's cryptocurrency. Other investors incl...
10:34, 06/14/2019

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 for tariff relief on key components of its electric vehicles, and rejecting ride-hailing company Uber'...
03:34, 06/14/2019

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 loss, news that sent the ride-hailing company’s shares sliding 10%.The company was reporting earnings fo...
23:51, 08/08/2019

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't even been built....
02:17, 06/01/2019

Uber driver rallies community to care for 89-year-old vet STOCKBRIDGE, Ga. (AP) — An Uber driver has rallied her community in Georgia to care for an 89-year-old veteran she met on the job. News outlets report Lauren Mulvihill took Ronald Dembner home from the hospital this month and learned that he has no s...
16:17, 06/13/2019

Volvo and Uber's self-driving production car hits the road Volvo and Uber have whipped the wraps off their first production car capable of full self-driving. The Volvo XC90 SUV base vehicle is kitted out with Uber's self-driving tech, meaning it'll be ready to take to the streets by itself in the f...
14:00, 06/13/2019

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 under some limited conditions....
05:17, 06/13/2019

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 this year. In its earnings report released Thursday, the company said it burned through more than $5...
00:51, 08/09/2019

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 reporting directly to him....
03:00, 06/08/2019

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 a liability when the ride-hailing giant made its stock-market debut....
20:00, 05/19/2019

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 something pretty difficult—finding enough drivers....
20:17, 05/12/2019

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 cases billions—of dollars. They include Travis Kalanick, the company’s co-founder and ex-C...
21:34, 05/07/2019

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 time when both companies are raking in billions of dollars from investors. Organizers are planning dem...
06:17, 05/08/2019

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-profile U.S. companies to go public since Facebook Inc seven years ago....
20:17, 05/10/2019

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 services....
11:17, 05/08/2019

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 rationally. This is not because people aren’t stupid—good Lord, are people stupid—but because it’s more conve...
16:51, 05/10/2019

Uber makes its hotly anticipated public debut Ride-hailing giant Uber will begin life as a public company on Friday, under pressure to start trading strongly after conservatively pricing its initial public offering. The start of trading comes after Uber on Thursday priced its IPO at $45 per shar...
16:00, 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 connections to try and navigate the Chinese regulatory environment....
12:34, 05/10/2019

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 and engineering groups, or about 8 percent of the two divisions. The company isn't shy about th...
01:00, 09/11/2019

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 taste of capitalism go down. When billion-dollar technology startups go public, the media tends to d...
13:17, 05/08/2019

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 Facebook.Read More...
10:34, 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 price indications showed....
20:17, 05/10/2019

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 start of trading on the New York Stock Exchange....
20:34, 05/10/2019

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 deactivating drivers when demand was low, organizers said. Stewards for the Independent Drivers Guil...
01:00, 09/18/2019

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 in-app survey to some drivers that indicated the company is starting to build a "new financial produc...
05:17, 09/07/2019

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 Smith....
15:51, 09/08/2019

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 congestion in Manhattan, laws that Uber says will have unintended consequences....
04:17, 09/17/2019

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 billion, with shares set at $45 and the company valued at $82.4 billion. This comes amid outcry over Ub...
03:00, 05/11/2019

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, according to a report from Autoblog. Cities which may see rush hour even more rush-y include New York, S...
20:00, 05/04/2019

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 it the worst IPO for a marque name in at least a decade. After pricing its shares at $45 a share Thur...
02:34, 05/11/2019

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 on Wall Street over whether the outcome of the most anticipated listing since Facebook Inc would weig...
02:00, 05/11/2019

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 disappointments....
16:51, 09/14/2019

Uber: Drivers tell us through focus groups and surveys they don’t want to be employees Uber agrees workers must be protected. We’ve proposed a progressive approach to ensure security and flexibility, writes chief legal officer Tony West       ...
02:51, 09/17/2019

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 connections to try and navigate the Chinese regulatory environment....
07:51, 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.        ...
06:34, 05/10/2019

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 Lyft. Uber said it would fight the measure....
05:00, 09/12/2019

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 rivals and endear himself to employees who had suffered through a wretched period of corporate scandal...
11:51, 05/09/2019

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 work conditions of ride-hailing services....
18:00, 05/08/2019

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 they’re classified as independent contractors instead of employees. But Uber doesn’t think of its dri...
18:17, 05/08/2019

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 driving. But a new study conducted in San Francisco adds to a growing body of evidence suggesting th...
05:00, 05/09/2019

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 debut. Shares recovered to above $44 in afternoon trading....
19:51, 05/10/2019

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 of the public eye thanks to forced arbitration. Hiding those scandals appears to be turning into a co...
02:17, 05/09/2019

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.        ...
01:51, 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 investors. Striking drivers formed a caravan to cross the Brooklyn Bridge Uber's IPO on Friday....
22:17, 05/08/2019

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 winners....
01:00, 05/09/2019

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, against a backdrop of turbulent financial markets and the plunging share price of its U.S. rival Lyft Inc...
14:00, 05/09/2019

Uber, Like Other 'Unicorns,' Began Its IPO Path After the Financial Crisis Despite the tough economy, startups such as Uber, Pinterest and Airbnb benefited from scrappy entrepreneurs as well as the rise of the smartphone and cloud computing....
20:00, 05/09/2019

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 cloud computing....
03:17, 05/10/2019

"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 of making India a 5 trillion dollar economy....
09:17, 09/11/2019

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 a route to profitability....
23:34, 09/11/2019

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 leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing ...
23:51, 05/09/2019

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 and working conditions. They picked their moment to coincide with this week’s IPO in New York, in which...
22:51, 05/08/2019

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 said they are facing the heat as cash incentives......
23:51, 05/09/2019

Uber Says It Will Not Change Driver Status Under California Gig-Worker Law The company said it would not treat drivers as employees, defying a bill state lawmakers passed this week to extend minimum wage and other protections to independent contractors....
23:34, 09/11/2019

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 employees drew scoffs from labor law experts....
09:17, 09/13/2019

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 said, as the company adopts a risk-averse stance toward the most high-profile U.S. listing since Fac...
22:34, 05/09/2019

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 rival Lyft’s shares....
21:34, 05/09/2019

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 California Senate yesterday. “We continue to believe drivers are properly classified as independent, and bec...
10:34, 09/12/2019

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, coordinated around Uber’s plans to go public, is a clear rebuke of the company’s IPO plan, which will ma...
20:17, 05/03/2019

As WeWork's Losses Mount, It Aims to Distance Itself From Uber As WeWork heads toward an initial public offering, its ebullient chief executive believes it shouldn’t be lumped in the same category as massively money-losing companies like Uber and Lyft....
00:51, 05/16/2019

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 realities.Read More...
16:17, 05/16/2019

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 could prevent them from joining unions....
23:17, 05/14/2019

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 corporation is subscribing to the old adage "if you can't beat 'em, join 'em" by becoming De...
12:17, 05/17/2019

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 More...
04:17, 05/15/2019

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."...
11:17, 05/02/2019

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 ride-hailing companies late last year, Politico reported Monday.Read more......
22:51, 04/30/2019

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 world's largest ride-hailing company of operating illegally and harming them financially....
05:17, 05/03/2019

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. But the company's high losses have many questioning the move....
15:00, 05/09/2019

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, but it won't be the last. It's all part of Uber's goal to make the platform a one-stop...
00:17, 05/03/2019

‘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. According to the company, Uber passengers now have the ability to request a quiet ride, which is to say that...
04:17, 05/16/2019

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 offering to New York on Tuesday, as demand for its shares already exceeded supply....
23:00, 04/30/2019

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 plans justified a valuation of up to $91.5 billion in an initial public offering (IPO). In the ballroo...
15:00, 05/02/2019

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 has been allowed to claim a provisional $6.1 billion tax write-off in the Netherlands....
03:34, 09/03/2019

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....
22:34, 05/14/2019

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 firm....
12:00, 05/03/2019

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 giant Uber's debut day last Friday....
16:17, 05/13/2019

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 beat it to public ownership....
18:34, 04/28/2019

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 executives, have leaped into the market with some technology-driven solutions....
21:00, 05/15/2019

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 month gives every indication that it’s a lost cause....
01:34, 09/06/2019

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 CEO Travis Kalanick....
20:51, 05/17/2019

Amazon squares up to Uber with backing for UK food app Deliveroo Amazon has taken a stake in British online food delivery company Deliveroo, leading a $575 million fundraising to pit itself against Uber Eats in the global race to dominate the market for takeaway meals....
13:00, 05/17/2019

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 piloting a PIN feature today at Portland International Airport in the hopes of cutting down on length...
22:51, 05/13/2019

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, train and Docklands Light Railway (DLR) info to a new "Public Transport" feature, which appears next to t...
01:17, 04/30/2019

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 California passed a bill that could reclassify those “independent contractor” drivers as real employees...
02:53, 09/18/2019

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 limousine drivers, broadening legal challenges ahead of one of the biggest initial public offerings this yea...
13:00, 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 congestion and forward the city’s Vision Zero safety initiative. Today the Taxi and Limousine Commissio...
19:51, 08/07/2019

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 Uber Technologies Inc as it prepares to price its initial public offering....
22:34, 05/08/2019

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 and encouraged users to boycott the apps as well....
14:51, 05/08/2019

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 overvalued....
17:00, 05/01/2019

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 early returns....
00:17, 08/09/2019

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 advanced vehicles, denying additional requests by Tesla for tariff relief on key EV parts, and rejecting U...
06:51, 06/14/2019

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 entire e-scooters because they are coming from China....
06:17, 06/14/2019

McDonald's Deal With DoorDash Delivers Blow to Uber Eats DoorDash Inc. will start making deliveries from McDonald’s Corp. restaurants in Houston later this month, a blow to Uber Technologies Inc.’s deal to ferry the burger giant’s food to customers in the U.S....
22:00, 07/16/2019

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 dollars on a ride that should have cost $20.53....
17:34, 07/18/2019

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 Logistics....
19:34, 04/30/2019

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 investors a look at its first-quarter financials....
00:17, 04/29/2019

Uber and Lyft increased traffic delays in San Francisco by 40 percent Uber and Lyft say they help cut down on vehicle congestion, but a new analysis of San Francisco traffic found they did the opposite over a six year period...
21:51, 05/08/2019

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 potential cap on the lucrative fees that its Uber Eats food-delivery service charges restaurants — ha...
06:17, 09/13/2019

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 "Qute" to win over commuters stressed out by the sprawling city's heavily-congested streets....
17:34, 06/13/2019

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 giant’s food to customers in the U.S....
13:34, 07/17/2019

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, according to a May 29 letter....
18:51, 06/13/2019

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 Inc for tariff relief on key components of its electric vehicles, and rejecting ride hailing company U...
20:00, 06/13/2019

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 Uber and Lyft appeared to be a flop in New York City, as cars appeared plentiful and surge pricing was ...
16:51, 05/08/2019

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 both companies sharply higher on Thursday....
17:51, 08/08/2019

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 Miller, picked up the girl from a party on Stonewall Lane in Fairfield on Saturday and began making u...
08:17, 07/17/2019

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 part of a global strike against these companies’ abysmal treatment of drivers. The duration of these st...
18:17, 05/08/2019

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 Arrega, 19, heads to work at a mall in Innisfil, he has few options for his commute. Walking along the...
14:51, 07/16/2019

Starbucks to expand delivery with Uber Eats across U.S in early 2020 Starbucks Corp said on Tuesday it would expand its partnership with Uber Eats to deliver food and coffee throughout the United States in early 2020....
07:51, 07/24/2019

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 More...
18:17, 07/09/2019

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.       ...
01:00, 07/25/2019

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....
22:00, 09/16/2019

'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 even richer when Uber goes public on 9 May in one of the most anticipated initial public offerings (I...
09:00, 05/07/2019

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....
15:17, 07/07/2019

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 alleged they were sexually assaulted by the same driver in what is believed to be the first case of its ki...
19:51, 06/27/2019

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 some cities that lets customers pre-order food on the app and then eat at the restaurant, according to....
12:00, 07/03/2019

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 the country's history....
18:34, 05/03/2019

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 demand better job security, and higher wages....
00:17, 05/04/2019

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 assetless cathedral to hope over unit economics and an invaluable first mover stake in the future of ...
18:00, 07/01/2019

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.       ...
00:51, 07/30/2019

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 as unfair employment conditions, a taxi union said on Friday....
23:17, 05/03/2019

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, independent restaurants as it battles Just Eat and Takeaway.com in a crowded market....
04:51, 07/03/2019

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 this week....
07:17, 05/08/2019

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 a roadside stall....
09:51, 05/08/2019

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 ridesharing firm has unveiled plans to map Dallas streets and lay the groundwork for self-driving techno...
06:36, 09/18/2019

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 $500 billion trucking market....
07:51, 07/24/2019

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 additional 50,000 square feet, Crain’s New York Business said on Friday....
05:17, 09/14/2019

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 appears that the cryptocurrency, Libra, has some legit backers, according to the Wall Street Journal...
21:51, 06/14/2019

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 $500 billion trucking market....
11:34, 07/24/2019

Eyeing IPO riches, Uber drivers go on strike in UK ahead of U.S. action Uber drivers in Britain started a day of transatlantic strikes on Wednesday to protest at the disparity between gig-economy conditions and the sums investors are likely to make in Friday's blockbuster stock market debut....
14:17, 05/08/2019

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 surprised, to say the least, when a tiny, dehydrated bird arrived at the Wildlife Rehabilitation Center...
21:17, 07/11/2019

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 great: both companies are trading well below their IPO prices....
17:51, 08/07/2019

Stuber review – Uber-set action-comedy gets stuck in first gear Incapacitated cop Dave Bautista forces timid Kumail Nanjiani to help him take down the bad guys in this lame LA-set caperStuber is a buddy action-comedy in which Kumail Nanjiani plays a sporting-goods store worker and part-time Uber driver called Stu...
10:00, 07/11/2019

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 of roughly $3 billion in about 16 months....
12:34, 05/08/2019

California, Uber and Lyft can find a way to compromise on drivers' benefits Rideshare companies benefit America but shouldn't cheat drivers and passengers. Calling workers contractors costs taxpayers billions a year: Our view       ...
02:51, 09/17/2019

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 Francisco....
11:51, 05/08/2019

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 country of Austria.Read more......
06:51, 06/19/2019

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 market....
17:34, 07/24/2019

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 new policy they say is taking money out of their pockets. The hacks are furious that their bosses hav...
15:01, 09/18/2019

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 the allegations....
21:34, 05/03/2019

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 a new bill that will make it more difficult for employers in the state to classify workers as indepe...
10:00, 09/12/2019

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 capital city, a key global market for the firm....
01:34, 05/24/2019

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 20% in its first quarterly report as a public......
07:34, 05/31/2019

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.Read More...
16:17, 05/11/2019

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 and shared ownership, auto industry experts said at a conference on Wednesday....
02:34, 05/23/2019

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 day after the National Labor Relations Board ruled that Uber drivers are contractors, not employees....
10:34, 05/16/2019

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 capital and take on the likes of Uber as well as the city's historic black cabs....
14:17, 05/16/2019

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—and it does every single quarter—it loses it at astronomical burn rates. It finally debuted on the Ne...
01:00, 05/11/2019

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 NV200 is already a cab, but could its price be calling you?...
14:34, 06/03/2019

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 Exchange. The shares did not start the day well....
21:17, 05/10/2019

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 initiations on the ride-hailing service....
22:00, 06/03/2019

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....
06:00, 09/10/2019

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-home pay. In particular, my article about whether Uber is engaged in price-fixing prompted many drive...
00:51, 05/22/2019

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 their business model....
13:00, 09/10/2019

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 by US-China trade worries....
11:17, 05/11/2019

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. Still, there's no doubt that the company is getting bigger. The company earned $3.1 billion in ...
04:17, 05/31/2019

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 a big American technology IPO. The chief executive spent weeks making sweeping statements about how t...
13:00, 05/12/2019

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 Bogota, the company said on Wednesday....
09:00, 05/23/2019

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 cyclists.Read More...
00:00, 05/16/2019

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 and shared ownership, auto industry experts said at a conference on Wednesday....
09:00, 05/23/2019

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 company’s initial public offering cemented his status as a paper billionaire....
03:00, 05/25/2019

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 get $15 off rides to and from national veterans cemeteries. Just use the code “Memorial Day 2019...
17:34, 05/27/2019

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 Tourism and Events Queensland, and will take pairs of passengers for a trip to Australia's Great B...
20:00, 05/23/2019

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 in its second-largest market....
02:34, 09/05/2019

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 service available outside of its own apps for the first time, offering its menu through DoorDash, Gru...
17:51, 08/27/2019

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-share driver.        ...
19:51, 05/14/2019

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 over investors, they have also come up with unusual alternatives for measuring their performance. So...
18:00, 05/14/2019

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 blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved...
07:00, 05/30/2019

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 model, for finding another new and novel way to dehumanize its workforce....
00:51, 05/16/2019

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 secrets and gave them to Uber....
03:51, 08/28/2019

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. Turns out, however, that the yellow cabs can keep the air cleaner than ridesharing vehicles....
01:34, 05/31/2019

Uber Stumbles in Stock Market Debut, 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 debut....
18:34, 05/10/2019

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 Consumer Reports. But taking a taxi or limousine isn’t necessarily a safer option. Nearly a quar...
23:17, 05/21/2019

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 deeper losses than previously expected for the ride-hailing service this year....
19:51, 06/04/2019

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 internet’s thorniest issues, but cybersecurity and privacy advocates have raised concerns....
18:00, 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 a frustratingly opaque payment system, and even sleeping in their cars in order to save enough money...
18:00, 05/09/2019

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 billion loss in the first quarter....
05:34, 05/31/2019

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 passengers and a better cut to drivers than its bigger global rival Uber Technologies Inc....
02:34, 06/11/2019

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 been spared prison....
14:17, 06/11/2019

Amazon to Invest in Deliveroo, a Rival to Uber in Food Delivery The $575 million investment strengthens one of the biggest overseas rivals to Uber’s food-delivery division, which the ride-hailing company considers a key business....
15:51, 05/17/2019

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 even as he downplayed recent volatility in the stock price....
20:34, 06/11/2019

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 potential cap on the lucrative fees that its Uber Eats food-delivery service charges restaurants — ha...
06:51, 09/12/2019

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 subsidize prices to acquire riders and rely on spending to expand services....
04:17, 08/09/2019

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 give many contract workers new pay and benefit protections, but tech giants Uber and Lyft vowed to ke...
06:53, 09/12/2019

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 will change its business. In an update, legal chief Tony West maintained that Assembly Bill 5 (AB5) wo...
08:51, 09/12/2019

Uber Elevate plans to deliver Big Macs by drone this summer Move over, Uber Eats. Uber Elevate plans to deliver food via drone as early as this summer. To start, the service will be available in San Diego, and since Uber has been working closely with McDonalds, it will likely be optimized for things like Big....
17:34, 06/12/2019

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 want to build an enterprise knowledge graph, you have to deal with it."...
00:00, 05/09/2019

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's leadership to deal with brand challenges, according to an internal memo seen by Reuters....
09:00, 06/08/2019

Ride-hailing drivers expose financial unrest before Uber IPO NEW YORK (AP) — As Uber prepares for its stock market debut Friday, its long-term success or failure will largely depend on the nearly 4 million drivers who serve as the backbone of the company’s network. The ride-hailing company will need to c...
23:00, 05/08/2019

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 at the lower end of its expected range....
15:51, 05/10/2019

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 up on a small islandSubscribe now to receive the morning briefing by email.Good morning, I’m Tim Walke...
14:00, 05/10/2019

Uber set to debut on NYSE, under pressure to avoid Lyft debacle Ride services giant Uber Technologies Inc will begin life as a public company on Friday, under pressure to start trading strongly after conservatively pricing its initial public offering....
13:34, 05/10/2019

SoftBank Group shares tumble as Uber prices IPO at lower end Shares in Japanese conglomerate SoftBank Group Corp tumbled 5.5% on Friday, a day after one of its biggest tech bets, Uber Technologies, priced its initial public offering at the low end of the targeted range....
11:17, 05/10/2019

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 Francisco-based Uber was set to begin trading on the......
09:51, 05/10/2019

Uber treads cautiously with $82.4bn valuation ahead of market debut Uber has priced its initial public offering at $45 (£34.50) a share, meaning the ride-hailing company now has a valuation of $82.4bn (£71.1bn)....
05:51, 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 auto sector contributed by Ola and Uber was......
15:51, 09/11/2019

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 Uber does not have a traditional employment relationship with its drivers, the Fair Work Ombudsman h...
05:51, 06/07/2019

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, scooters and freight....
12:17, 08/09/2019

Investors are hiring Uber drivers to scout houses to flip CNBC's Diana Olick reports on how Uber drivers are getting paid to scout potential properties for investors as the house flipping market fizzles....
01:34, 06/08/2019

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 companies built around the gig economy....
01:02, 09/12/2019

UPDATE 2-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 said, as the company adopts a risk-averse stance toward the most high-profile U.S. listing since Fac...
22:34, 05/09/2019

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 have reportedly required food stamps and slept in their cars. One study found average monthly pay from...
02:34, 06/08/2019

Former Google engineer charged with taking self-driving trade secrets to Uber Levandowski could face many years in prison and a fine if convicted. He is expected to appear later on Tuesday in federal court in San Jose, California....
01:51, 08/28/2019

Uber, Lyft, DoorDash Threaten Ballot Fight Over California Gig-Worker Law The battle over a California bill that could upend the business models of companies that rely on gig workers intensified when three companies threatened to spend a combined $90 million on a ballot measure if a deal can’t be reached this year....
06:51, 08/30/2019

Let's follow California's lead and regulate companies like Uber | Veena Dubal The ‘gig economy’ is terrible for workers. We must tackle the problem head-onThis week, California’s governor, Gavin Newsom – a darling of tech capitalists – signed Assembly Bill 5 (AB5) into law. The bill codifies the “ABC test” to determine the app...
15:34, 09/19/2019

Joined by Pete Buttigieg, Drivers Blockade Roadway Outside Uber Headquarters To a steady beat of whistles, car horns, and “AB5 and a union!” hundreds of rideshare drivers amassed outside Uber’s corporate headquarters in San Fransisco this afternoon. For over an hour, Market Street has slowed to a crawl, choked by the cars of ...
22:51, 08/27/2019

Light Street's Glen Kacher says there's profitability in sight for Uber and Lyft Newly public ride-sharing companies Uber and Lyft have tumbled 25% since their initial public offerings, but Light Street's Glen Kacher still believes there's a path for profitability for them....
03:20, 09/20/2019

Uber says de Blasio’s ride-share rules hurt poor New Yorkers The de Blasio administration’s crackdown on ride-hailing services is hurting poor riders, according to Uber. The San Francisco company says city and state regulations reining in ride-hailing services like Uber are only making life difficult for lower...
03:00, 07/23/2019

Former Google self-driving engineer, who prompted a lawsuit against Uber, gets hit with criminal charges U.S. attorney’s office files charges against former Google executive Anthony Levandowski, who allegedly stole self-driving car trade secrets and gave them to Uber....
03:51, 08/28/2019

Colombia orders Uber to improve data security after 2016 breach Colombia has given ride-hailing app Uber Technologies Inc four months to improve its data security, the commerce regulator said on Tuesday, after a 2016 data breach affected more than 260,000 of the South American country's residents....
21:34, 07/23/2019

Feds charge Ex-Google, Uber engineer with stealing trade secrets Anthony Levandowski, the star engineer who was accused by Google’s self-driving car unit of stealing trade secrets for Uber in 2016, has been arrested and charged by federal prosecutors. Levandowski was charged with 33 counts of theft and attempted t...
21:17, 08/27/2019

Former Star Google and Uber Engineer Charged With Theft of Trade Secrets Anthony Levandowski, one of Silicon Valley’s foremost technologists on autonomous cars, was charged with theft and attempted theft of trade secrets from Google....
21:17, 08/27/2019

Uber, a machine for using investment money to artificially subsidize car rides, lost more than $5 bi Uber, a machine for using investment money to artificially subsidize car rides, lost more than $5 billion last quarter. Heh. It’s gonna crash and burn before it destroys public transportation after all! Calling it now. Invest in buses....
00:51, 08/09/2019

Public Transit Projects Cheaper Than Uber's $5.2 Billion Q2 Losses, Ranked Uber announced a $5.2 billion loss last quarter, bringing the company’s total losses to $16.2 billion since 2016. In completely, totally unrelated news, here are some public transportation projects currently under construction in the United States th...
04:51, 08/09/2019

Will Uber ever make money? Day of reckoning looms for ride-sharing firm Uber plans to expand into food delivery and driverless cars but its IPO was a flop and its latest earnings figures could prove vitalUber has big plans. The ride-hailing service wants to ferry the world around in self-driving cars and on electric scoo...
13:17, 08/04/2019

Gay New Jersey couple booted from Uber car after kissing on way to Zac Brown Brand concert Uber driver kicked a New Jersey couple out of her car after one of the women kissed her partner on the cheek.        ...
07:02, 09/10/2019

Ex-Uber driver found guilty of raping intoxicated female passenger A former Uber driver was found guilty Thursday of raping an intoxicated female passenger after picking her up from a Pennsylvania casino earlier this year....
02:51, 08/17/2019