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, 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

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

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

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

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

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 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

|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

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 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

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

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

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 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

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

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

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 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

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 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 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

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 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 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

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

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

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

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 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

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

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

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

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

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 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

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

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

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

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

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, 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

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

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

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

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 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 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

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 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

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 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

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 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

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

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

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

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'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 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

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 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 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

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 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

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 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 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 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 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 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 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

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 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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

| 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

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 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

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

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 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 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

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

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

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

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

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

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

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

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 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 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

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

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 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

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

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

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 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 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

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

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 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

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

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

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

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

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

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, 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

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

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

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

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

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 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

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

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 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

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

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

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 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

‘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

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

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

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

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

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

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

‘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

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

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

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

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

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 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

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

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 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

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 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

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

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 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 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 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

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

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

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

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

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

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

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, 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

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

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

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 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'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

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

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

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 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

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

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 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 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

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

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

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

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

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

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 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

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

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

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

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 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

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

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

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 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

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

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 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

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

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

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

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 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

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

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'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

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

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 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

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

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

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 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

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

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

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

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 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

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

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'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

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

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

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

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

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

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

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

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

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

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, 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

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

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

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

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

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 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 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

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

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

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

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

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, 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

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

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

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

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

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

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 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

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

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

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 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 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

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

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 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

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

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

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 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 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

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

'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

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

Lyft's Disappointing Debut Looms Large in Uber's Impending Mega-IPO As Uber Technologies Inc. gears up for its landmark IPO, the ride-sharing company and its underwriters are trying to avoid the pitfalls that soured the debut of its smaller rival Lyft Inc....
04:17, 05/06/2019

Uber Hit With Australia Class Action Lawsuit Ahead of Stock Listing Uber on Friday faced another legal bump on the road to its blockbuster initial public offering, with taxi drivers launching a class action lawsuit in Australia....
10:17, 05/03/2019

Uber sued by thousands of Australian taxi drivers in class action An Australian law firm has filed a class action against Uber on behalf of thousands of taxi and chartered drivers in Australia, accusing the world's largest ride-hailing company of operating illegally and causing them financial harm....
06:51, 05/03/2019

Uber’s futuristic drone delivery service could launch as early as this summer It may have seemed like science fiction just a few years ago, but a world filled with package-carrying drones zooming by overhead is right around the corner. Just last week, Amazon announced that its Prime Air delivery service would start delivering ...
06:00, 06/13/2019

Wrong-way driver smashes into Uber inside Queens-Midtown Tunnel Harrowing dashcam video shows the moment an unlicensed driver speeding in his daddy’s car slammed into a vehicle inside the Queens-Midtown Tunnel, seriously injuring two people, according to authorities and sources. Jorje Beato, who only has a ...
22:00, 05/09/2019

Uber drivers are reportedly manipulating the app to create artificial surge pricing Surge pricing is a frustrating, but understandable, compromise that we have to deal with in order to have affordable rides at our beck and call everywhere we go. If the weather’s bad, a major concert or sporting event just let out, or it’...
01:34, 06/15/2019

Uber, Lyft Drivers Face Stiffer Regulations in New York City New York City intends to renew its cap on new for-hire vehicle licenses, part of a push to tighten its rein on Uber and Lyft, and help protect the city’s troubled taxi industry....
04:34, 06/13/2019

Uber plans to start delivering fast food via drone this summer Uber plans to begin testing the first-ever commercial application of drone food delivery in urban areas, joining companies like Amazon and Google that are seeking to make unmanned commercial deliveries....
03:34, 06/14/2019

Uber, Lyft driver strike latest move to organize gig workers PROVIDENCE, R.I. (AP) — A strike by Uber and Lyft drivers in cities across the United States this week caused barely a ripple to passengers looking to catch a ride, highlighting the challenges in launching a labor movement from scratch in an industry...
23:00, 05/09/2019

The Uber of prescription drugs: Web startups raise concerns about access to Rx medicine Startups like Hims and Roman have found a profitable new business model for selling Rx drugs online, but the websites are raising safety concerns.        ...
17:51, 06/06/2019

UPDATE 5-Uber valued at $82 bln in IPO as market jitters, Lyft woes weigh Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range to value the company at $82.4 billion, hoping the conservative approach would let it avoid the market chaos suffered by rival Lyft....
00:51, 05/10/2019

Uber Air announces Melbourne as trial city for flying taxi service Ridesharing company says test flights of Uber Air’s helicopter-like ‘flying car’ will begin next yearMelbourne will be the first city outside the US to host trials of Uber Air, a service the company describes as “aerial ridesharing” that will shuttle...
04:00, 06/12/2019

What is Uber? Forget the sharing economy – it's just a libertarian scam | Dominic Rushe There are plenty of reasons why Uber’s much-hyped share sale might fail – and many more why that could be a good thingSerf, noun: a laborer bound under the feudal system to work on his lord’s estate.Uber is a lot. Last year 5.2 billion people took a ...
13:18, 05/09/2019

Cramer: Markets could roar after we get past Friday's Uber, tariff gauntlet Even if the Uber IPO gets botched and the world's largest economies do not come to a trade truce on Friday, the market will remain in decent shape at the end of the week, Cramer said....
05:17, 05/09/2019

Uber and Lyft strikes: US drivers stop taking rides in protest over pay Actions in Los Angeles, New York, San Diego and PhiladelphiaStoppages vary from two hours to whole dayRideshare drivers are striking and protesting in major cities across the United States, with many participating in a 24-hour strike of the Uber and ...
19:17, 05/08/2019

Uber picks Melbourne as test site for flying taxi service Uber Technologies said it will use Australia's second-largest city, Melbourne, as the first international test site for the group's planned flying taxi service....
05:34, 06/12/2019

Uber rival Bolt relaunches in London after quick 2017 exit LONDON (AP) — Estonian ride-hailing service Bolt has launched service in London two years after a short-lived attempt to expand in the British capital. The company, previously known as Taxify, kicked off service Tuesday with a half-price deal aimed a...
14:51, 06/11/2019

Uber and Lyft drivers going on strike in at least 8 cities to protest low wages, job insecurity Uber and Lyft drivers in cities across the country plan to strike Wednesday to protest low pay among several other labor concerns. The strike is timed to coincide with Uber’s IPO filing on Friday. The flashiest new tech stock to hit the market, Uber ...
19:51, 05/08/2019

Uber, Lyft drivers in New York, other cities set to strike for two hours Wednesday Drivers in seven other U.S. cities, as well as London, will participate in the stoppage, aimed at getting more job security and other improvements.        ...
18:17, 05/07/2019

UPDATE 1-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....
04:17, 05/04/2019

UPDATE 1-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....
11:51, 06/08/2019

Uber faces lawsuit by Australian taxi drivers for 'illegal operations' A law firm 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....
12:51, 05/03/2019

Uber plans to start delivering McDonald’s hamburgers by drone this summer This week Uber announced plans to begin testing the first-ever commercial application of drone food delivery in high-density urban areas, joining companies like Amazon and Google that are seeking to make make unmanned commercial deliveries using the ...
22:17, 06/13/2019

New York's Rideshare Organizers Clash Amid Unprecedented Uber Strike Long Island City—Just days before Uber’s expected debut on the stock market at a conservative but still-astronomical $80 to $90 billion valuation, the anger among rideshare drivers boiled over into an international day of action.Read more......
02:17, 05/09/2019

Uber drivers go on strike in London and U.S. ahead of IPO, early protests sparse Uber drivers in London and major U.S. cities held a series of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut....
04:34, 05/09/2019

With Uber’s I.P.O., Dara Khosrowshahi Is Taking Travis Kalanick’s Company Public The C.E.O. wants to prove that the start-up has evolved past a raucous, and profligate, tech-bro culture. But Uber’s past is simply not that far gone....
21:34, 05/03/2019

REFILE-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....
04:17, 05/04/2019

Lyft results underscore importance to Uber of life beyond ride-hailing Investor disappointment at Lyft Inc's growth outlook underscores the pressure for rival Uber Technologies Inc to show potential backers of its initial public offering that it can expand services such as food delivery even as its core ride-hailing sl...
14:17, 05/08/2019

India To Order Taxi Aggregators Like Uber, Ola To Go Electric By 2026: Report India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new rules......
16:17, 06/06/2019

Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20% Uber Technologies Inc reported a $1 billion loss in its first quarterly report as a public company on Thursday, despite a 20 percent rise in revenue, posting results in line with its forecasts but underscoring the challenges the ride-hailing service ...
22:17, 05/30/2019

Are Uber and Lyft Drivers Gaming Surge Pricing to Protest Getting Screwed Over on Pay? Despite policies that prohibit the manipulation of rideshare apps, drivers for Uber and Lyft are reportedly working together to coordinate price surges at Reagan National Airport to earn a higher fare.Read more......
11:00, 05/21/2019

Mets call-up takes 112-mile Uber to stadium then belts home run Rajai Davis, 38, arrived during third inning after 5pm call-upVeteran spent about $234 on Uber to stadium from AllentownRajai Davis took batting practice Wednesday afternoon in Allentown, Pennsylvania. The 38-year-old outfielder ended his night hitti...
17:00, 05/23/2019

How the Amazon-Google-Uber effect sets inflation | Mohamed El-Erian Tech innovations have driven the drift down in prices – policymakers ignore such forces at their peril Debates about inflation in advanced economies have changed remarkably over the past decades. Setting aside (mis)measurement issues, concerns about ...
13:17, 05/24/2019

Seattle Woman Says She Jumped Out of Moving Uber After Continual Harassment From Driver A woman in Seattle said she jumped out of a moving Uber ride after the driver continually harassed her, running away and later filing reports with the local police department and Uber. She said the driver, whom she’d hailed to take her home, locked t...
21:17, 05/31/2019

Mexico tax plan for Uber creates friction among ride hailing firms Mexico on Monday detailed plans to withhold tax from drivers for ride-hailing and food delivery firms such as Uber Technologies Inc and Rappi, but China's Didi said it would not take part in the arrangement, sparking friction within the industry....
04:00, 05/21/2019

Uber, Lyft’s huge capital have created duopoly in rideshare market Even if another rival dared enter the market, it would likely be difficult to raise enough money to pose a viable threat after Uber and Lyft spent the past decade pulling in billions of dollars from venture capitalists....
04:34, 05/12/2019

Report: Accused Somali War Criminal Living in the US Drove for Uber and Lyft Former Somali military commander and accused war criminal Yusuf Abdi Ali has been facing a civil lawsuit in Virginia over allegations of “gross human rights abuses” in the separatist region of Somaliland in the 1970s and 1980s, during the reign of U....
06:51, 05/15/2019

Uber's 'future is bright' despite dismal market debut, says former GM exec Bob Lutz Investors should pay attention to investments from Uber that will create huge profits like self-driving technology, former GM executive Bob Lutz says....
16:34, 05/13/2019

Uber workers told to ignore 'pessimistic voices' as shares slide CEO defiant in email but downward spiral continues after stock market debut The chief executive of Uber has urged employees to ignore “pessimistic voices” after shares in the company slumped again on their second day of trading since Friday’s disappo...
20:51, 05/13/2019

Uber CEO Warns Staff of ‘Tough Public Market Times’ After Underwhelming IPO (Bloomberg) — Uber CEO Dara Khosrowshahi, in an email to staff Monday, acknowledged Uber’s rocky trading debut, while at the same time saying that tech giants Facebook and Amazon also faced difficulties after listing. “Obviously our...
22:34, 05/13/2019

Bad loans were killing the taxi industry long before Uber and Lyft: report The financial woes of the city taxi market may not be entirely the fault of ride-hailing companies — the industry was a house of cards waiting to collapse, a report says. An investigation by the New York Times Sunday put the blame on industry leaders...
20:34, 05/19/2019

This app makes it easy to compare Uber and Lyft fares in real-time Welcome to TNW Basics, a collection of tips, guides, and advice on how to easily get the most out of your gadgets, apps, and other stuff. In her hit anthem Friday, a 13-year-old Rebecca Black sang about the torture of not knowing where to sit on the ...
22:34, 05/30/2019

Lili Reinhart Warns Fans to "Trust Your Gut" After Scary Uber Incident Lili Reinhart is sending a message to her fans after a frightening experience over the weekend. After landing at an airport, the 22-year-old Riverdale star was "ushered to a car"......
18:51, 06/03/2019

Uber’s First Earnings Report After I.P.O. Shows Slowing Growth and $1 Billion Loss The results compounded a turbulent few months for Uber. After its market debut, investors have questioned whether the deeply unprofitable company could ever make money....
23:00, 05/30/2019

Uber offers shares for $45 in long-awaited Wall Street debut Ride-sharing giant Uber will make its long-awaited debut on Wall Street Friday, where it's expected to become one of the most valuable companies to ever go public....
13:34, 05/10/2019

Hail an Uber submarine, scUber, and have your driver take you to the Great Barrier Reef Uber announced a ride-share submarine – aptly named scUber – for riders to explore Australia's Great Barrier Reef inside an underwater craft.        ...
15:51, 05/23/2019

Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by rival Lyft Inc....
02:17, 05/10/2019

UPDATE 1-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

Lyft hits record low as Uber slumps in Wall Street debut Lyft Inc's stock slumped to a record low on Friday as Uber Technologies, another company hemorrhaging billions of dollars, fell in its Wall Street debut....
20:17, 05/10/2019

Defiant Uber co-founder Kalanick shows up for stock market premiere Travis Kalanick, the co-founder of Uber Technologies Inc who stepped down as CEO in 2017 amid a string of scandals, showed up for the ride-hailing giant's stock market debut on Friday even though Uber had not invited him to join executives on the bal...
20:17, 05/10/2019

Female drivers feel abandoned by Uber and Lyft after reporting a sexual assault Guardian investigation finds drivers who have experienced range of safety issues say companies offer little to no supportOne month into driving for Lyft around Atlanta, Alicia Dukes was sexually assaulted by a passenger on 21 April after she drove hi...
08:51, 06/19/2019

Penn State professor accused of kidnapping two women while driving for Uber, police say A Penn State professor is accused of kidnapping two women while he was driving for Uber Saturday morning.        ...
05:34, 05/14/2019

Uber, Lyft strike hits LA, NYC, Boston, Chicago as drivers protest low wages Drivers are unhappy with pay and work conditions at a time when Uber and Lyft are trying lure investors.        ...
17:51, 05/08/2019

Ranch with my milkshake: Uber Eats sheds light on weirdest delivery requests Uber Eats has collected the most popular and the weirdest delivery requests it received this year. Here are some of the best.        ...
23:00, 06/05/2019

Commuters urged to support Uber, Lyft strike by not using ride-sharing apps As drivers of Uber and Lyft protest Wednesday, users on social media are urging customers to stop using the ride-sharing apps in solidarity.        ...
15:34, 05/08/2019

The Uber drivers forced to sleep in parking lots to make a decent living A growing group who commute from places as far as eight hours away spend the night in their cars to pick up fares around San Francisco during the dayEvery Saturday morning before the sun rises, 35-year-old Uber driver Sultan Arifi rolls up the sleepi...
07:34, 05/08/2019

Uber loses $1 billion in quarter as costs grow for drivers, food delivery Uber Technologies Inc reported a $1 billion loss on Thursday 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 company....
02:34, 05/31/2019

MLB veteran Rajai Davis helps Mets win after 2-hour Uber ride to ballpark It was quite a night for Rajai Davis of the New York Mets: It started with batting practice in Pennsylvania and ended with him smacking a three-run home run in New York to cap a Mets victory....
09:51, 05/23/2019

Uber unveils brand new Jump electric scooters and swappable batteries for bikes Uber launched its Jump scooter rental service in October, with Xiaomi delivering the actual scooters that are one tap away if available in your city. But Uber has partnered with a different company for a second version of the Jump scooter, which will...
03:51, 06/13/2019

Ride-hailing firm Uber sees rocky start in stock launch 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....
02:34, 05/11/2019

Watch: Rajai Davis takes $243 Uber to stadium, hits homer in first Mets at-bat Rajai Davis took a two-hour Uber ride to the stadium before hitting a home run in his first at-bat for the New York Mets in a 6-1 win against the Washington Nationals....
17:34, 05/23/2019

Uber class action: taxi and hire-car drivers join lawsuit against company Uber defends service, saying governments across Australia have recognised the concept of ridesharingA class action filed on behalf of thousands of taxi and hire-car drivers against Uber alleges the global rideshare company operated illegally in Austr...
05:00, 05/03/2019

Exclusive: India plans to order taxi aggregators like Uber, Ola to go electric - documents India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new rules for clean mobility....
16:34, 06/06/2019

Lyft rises after Uber's CEO shows optimism about competition on the company's first earnings call Uber CEO Dara Khosrowshahi echoed his rival's optimism about the direction of the ride-sharing market on the company's first earnings call....
20:00, 05/31/2019

Food delivery, freight and logistics: How Uber aims to move things around the world Uber has laid out a strategy to dominate the transportation and logistics market ahead of its hotly anticipated stock market listing. But can it solve the problem of food that is delivered cold?...
01:00, 05/10/2019

Uber drivers go on strike in London and New York ahead of IPO, early protests sparse Uber drivers in London and New York started a series of multi-city strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut....
22:34, 05/08/2019

Uber, Bird loses bid for U.S. tariff relief on Chinese-made bikes, scooters 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....
23:00, 06/13/2019

Lili Reinhart warns travelers about fake Uber drivers after her own airport experience "Trust your gut. It could save you," the "Riverdale" actress tweeted after refusing to get in a car at the airport that lacked ride-share signage.        ...
19:17, 06/04/2019

UPDATE 2-Mexico tax plan for Uber creates friction among ride hailing firms Mexico on Monday detailed plans to withhold tax from drivers for ride-hailing and food delivery firms such as Uber Technologies Inc and Rappi, but China's Didi said it would not take part in the arrangement, sparking friction within the industry....
23:34, 05/20/2019

Uber loses $1 billion in Q1 2019 as costs grow for drivers, food delivery Uber Technologies reported a $1 billion loss on Thursday as the ride-hailing service spent heavily to build up its food delivery and freight businesses.Read More...
21:51, 05/31/2019

Uber’s quiet ride option is a warning: We are falling victims to convenience | Penelope Blackmore You can outsource pretty much every aspect of irritation in your life. But you can’t outsource lonelinessUber has launched a quiet ride service in the US, which means that passengers can request that a driver refrain from talking to them during their...
20:34, 05/29/2019

Jalopnik The Legal Argument That Could Destroy Uber | Gizmodo Game of Thrones Ends Its Watch With Pl Jalopnik The Legal Argument That Could Destroy Uber | Gizmodo Game of Thrones Ends Its Watch With Plastic Water Bottle in Plain Sight | Kotaku Socialist Twitch Streamer Says He’s Changing Minds | Lifehacker What to Do If You Miss Your Flight | The Ta...
01:51, 05/21/2019

New Feature Lets Uber Black Car Riders Tell Their Filthy Pleb Drivers to Shut the Fuck Up Uber has announced a new feature that will allow some riders to properly express their disgust for their filthy, lower class drivers—all with the simple touch of a button. Read more......
16:51, 05/15/2019

'Shut up and drive'? Option for Uber riders to avoid small talk divides drivers Some decried the change as a violation of ‘free speech’, while others worried about how it would affect their ratingsLess than a week after a disappointing IPO, Uber is taking the guesswork out of whether to make friendly banter during your rides wit...
10:00, 05/18/2019

Uber, Google, IBM, and others join Urban Computing Foundation to create tools for ‘cities of tomorrow’ The Linux Foundation today announced the Urban Computing Foundation, a new industry-wide effort to create software to 'support the cities of tomorrow.'Read More...
18:34, 05/07/2019

Crossing the digital picket line? Uber and Lyft offer discounts as drivers strike Drivers are shutting off apps in protest across more than a dozen US cities as Uber prepares to go publicUber and Lyft are offering riders and drivers discounts and incentives to use the app on Wednesday as drivers seeking better wages strike across ...
22:51, 05/08/2019

Hyundai Motor India Seeks Clarity On Electrification Of Shared Mobility Partners Like Ola/Uber Hyundai Motor India is already gearing up with its electrification strategy, however, Government's plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric......
19:00, 06/11/2019

Uber’s Movement Speeds feature offers hourly street-level traffic data Uber today announced the launch of Uber Movement Speeds, an expansion of its Movement product that offers street-level hourly traffic speeds.Read More...
15:17, 05/14/2019

Uber CEO Dara Khosrowshahi is part of a family of impressive tech leaders, founders, and CEOs — here's who they are Christophe Morin/IP3 Led by CEO Dara Khosrowshahi, Uber opened for trading as a public company on Friday at $42 a share. For Khosrowshahi, being a superstar in the tech industry is a family business. Khosrowshahi's cousins, uncle and brothers all m...
22:00, 05/11/2019

SoftBank Group unveils stock split, rakes in $3.8 billion gain on Uber stake Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a $3.8 billion valuation gain on its stake in Uber....
14:00, 05/09/2019

Home flippers hire Uber and Lyft drivers to scout properties in a pricey housing market Competition is so fierce in the home flipping market that some investors are hiring Uber and Lyft drivers to help them scour a wider territory for possible properties....
18:00, 06/07/2019

Mets call-up Rajai Davis arrives late via Uber, gets lost in stadium, then hits home run Rajai Davis had himself quite the Wednesday. It started with him getting ready for a minor-league game and ended with hitting a home run for the Mets.        ...
13:00, 05/23/2019

Uber passenger's death draws attention to 'vomit fraud' allegations in ride-hailing business The fatal St. Patrick's Day shooting of an Uber passenger in New Mexico, which allegedly followed an argument over a fee imposed for vomit in the back seat of the driver's car, has drawn attention to a broader "vomit fraud" trend in the ride-hailing ...
15:17, 05/31/2019

Back-seat passengers in Uber, Lyft, rideshare vehicles face germs, safety risks Rising awareness about the dangers of sitting in the back seat could give you pause the next time your Uber or Lyft rolls up to the curb.        ...
12:34, 05/10/2019

Uber's sky-high valuation and huge losses made sense in Silicon Valley, but not on Wall Street This is Uber's central challenge as it moves from the cozy confines of the Bay Area, where venture capital and private equity firms fund futuristic projects, to the rigors of Wall Street....
18:34, 04/28/2019

Uber and Lyft Drivers Strike Alongside Fast Food Workers in LA, Demand $30 Minimum Wage Around 100 rideshare drivers protested their working conditions this afternoon in Los Angeles, engaging in a “take over” of an Uber Hub, before joining up with a contingent of fast food workers from McDonald’s who were striking for the right to union...
03:00, 05/24/2019

The Uber strike should worry investors and the company because it points to a fundamental problem with its business model (LYFT) Uber and Lyft and their investors should be worried about the strike Wednesday by the app-based taxi companies' drivers. The labor action highlights a fundamental problem with the companies' businesses — they're losing lots of money in spite of...
22:00, 05/11/2019

Uber prices long-awaited IPO at $45 per share, valuing world’s largest ride-hailing company at $82 billion SAN FRANCISCO (AP) — Uber prices long-awaited IPO at $45 per share, valuing world’s largest ride-hailing company at $82 billion....
23:51, 05/09/2019

Back-seat passengers in Uber, Lyft, ride-hailing vehicles face germs, safety risks Rising awareness about the dangers of sitting in the back seat could give you pause the next time your Uber or Lyft rolls up to the curb.        ...
19:00, 05/10/2019

Uber strike London: UK drivers launch nine-hour boycott ahead of app's stock market flotation Uber drivers in London and across the UK are set to launch a nine-hour boycott of the app today in the run-up to its stock market flotation on Thursday....
12:34, 05/08/2019

Uber: US labor board calls drivers contractors in blow to labor rights Ruling will make it more difficult for workers to organize, secure minimum wages and other protections, labor advocates sayUber drivers are not subject to traditional labor protections because they are independent contractors, the National Labor Rela...
03:00, 05/15/2019

Uber announces major Black and Black SUV enhancements, including Quiet Mode Uber Black and Uber Black SUV, the original luxury experiences, are getting consistent improvements in the United States this week. Apparently, many customers have requested top-notch service and premium comfort when using these experiences, and Uber...
08:34, 05/15/2019

Uber Launches New Program to Get Drivers Who Can't Afford Cars to Drive Cars for Them Uber was once a modest company with modest goals: unleash the power of the free market in a heavily-regulated industry to provide on-demand, convenient rides while allowing folks with cars to make extra cash driving people around. It didn’t take long...
01:34, 05/31/2019

Vomit violence: A 'large amount' of throw up led to New Mexico Uber shooting The driver shot and killed the passenger after a dispute stemming from vomit and a potential clean-up fee.        ...
22:17, 05/30/2019

Private jet company Vista Global to acquire JetSmarter, once touted as the Uber of private jets Private jet company Vista Global agreed to acquire JetSmarter, betting that the value of JetSmarter's technology will outweigh the controversy and lawsuits still dogging the company....
18:51, 04/28/2019

Could Uber, Lyft drivers trick the apps to increase surge pricing? Experts say 'probably' A 2017 study found that drivers can increase surge prices by collectively shutting down ride sharing apps and then quickly logging back on.        ...
18:51, 05/15/2019

Uber to give its market value a lift in stock market debut SAN FRANCISCO (AP) — Uber’s next stop is the stock market, where it hopes to pick up more investors willing to bet on a ride-hailing market brimming with potential and conspicuously lacking in profits. The world’s largest ride-hailing ser...
07:17, 05/10/2019

Uber and Lyft drivers strike to protest the treatment of their drivers Drivers in seven other U.S. cities, as well as London, will participate in the stoppage, aimed at getting more job security and other improvements.        ...
19:51, 05/08/2019

'With this money, I cannot survive': Uber, Lyft strike hits L.A., NYC, Boston, Chicago as drivers protest Uber and Lyft drivers protested low wages in Los Angeles, New York and cities across the country but the impact on customers appeared limited.        ...
22:17, 05/08/2019

Uber to retain Careem brand for now: Careem CFO Uber and Middle East ride-hailing business Careem will remain separate entities until at least the first quarter of 2020, when Uber's acquisition is expected to close, Careem's CFO said on Tuesday....
10:17, 06/18/2019

Uber IPO was hurt by 'president's tariff wars,' CEO Dara Khosrowshahi says Uber CEO Dara Khosrowshahi blamed the company's disappointing IPO on market timing and said the company remains an "opportunity machine" for drivers.       ...
17:34, 06/11/2019

Uber offers 'Quiet Mode' so you don't have to talk to the driver, but it'll cost you extra Quiet Mode comes as part of a new slate of Rider Preferences features that riders can use before hailing an Uber Black or SUV.        ...
19:34, 05/15/2019

Uber's chief operating officer and chief marketing officer are stepping down Now that the company is public, CEO Dara Khosrowshahi says he has more time to be involved in the day-to-day operations of Uber's core businesses....
02:51, 06/08/2019

Nvidia will support Arm hardware for high-performance computing At the International Supercomputing Conference, Nvidia announced its intention to support Arm-based chips with its "full stack" of hardware and sofware.Read More...
10:00, 06/17/2019

Bangladesh vs West Indies Live Score, Over 1 to 5 Latest Cricket Score, Updates Live Updates of Today Match between West Indies vs Bangladesh from The Cooper Associates County Ground, Taunton. Check commentary and full scoreboard of the match....
12:00, 06/17/2019

Prince Philip advised Prince Harry not to marry Markle because ‘one doesn’t marry’ actresses: report Prince Philip advised Harry to be careful in his wooing of Meghan, telling him: “One steps out with actresses, one doesn’t marry them”, it is claimed....
13:17, 06/17/2019

Werner 'does not want to extend Leipzig contract' "RB Leipzig Timo Werner is not planning on extending his contract, according to manager Ralf Rangnick, fuelling suggestions he could move to Liverpool or Bayern Munich."...
14:00, 06/17/2019

Experts hold climate talks in Bonn as pressure to act grows BERLIN (AP) — Experts are meeting in Germany for U.N.-hosted talks on climate change amid growing pressure for governments to act faster against global warming. Diplomats meeting in the western city of Bonn starting Monday will focus on resolving iss...
14:00, 06/17/2019

Buttigieg steps off campaign trail following deadly police shooting in South Bend The Democratic presidential hopeful has canceled a planning appearance Monday night at an LGBTQ gala in New York hosted by the Democratic National Committee....
14:00, 06/17/2019

Shania Twain set to party again in Vegas with new residency NEW YORK (AP) — Shania Twain is heading back to Las Vegas. The queen of country pop announced 23 performances Monday for her “Let’s Go!” residency at Zappos Theater at Planet Hollywood Resort & Casino, starting Dec. 6. Tickets go on...
15:51, 06/17/2019

Space for media freedom rapidly shrinking in India: Dhruv Rathee With over 1.7 million subscribers, YouTuber Dhruv Rathee is not scared of speaking against the powers that be. His videos have contributed significantly to making India's Internet-savvy youth think critically....
16:00, 06/17/2019

Triple suicide bomb attack in Nigeria targets football fans Three suicide bombers have killed 30 people in the village of Konduga in Borno, Nigeria. The attackers targeted an area where people had gathered to watch a football game....
16:00, 06/17/2019

What are you reading in June? In our monthly book club, we discuss whatever we happen to be reading and ask everyone in the comments to do the same. What Are You Reading This Month?...
16:17, 06/17/2019

Onus on younger generation to beat 'big three' at Wimbledon - Tsitsipas "Younger players must take responsibility and break the hegemony at Wimbledon to ensure there is a new champion this year, Greek world number six Stefanos Tsitsipas has said."...
16:51, 06/17/2019

Hope misses ton as West Indies post 321-8 against Bangladesh West Indies batsman Shai Hope hit a patient 96 while Evin Lewis and Shimron Hetmyer also made half-centuries to help the former champions post a competitive 321-8 from 50 overs in their World Cup encounter against Bangladesh in Taunton on Monday....
17:17, 06/17/2019

NASA atomic clock on SpaceX's next Falcon Heavy will pioneer Mars travel tech NASA has so many spacecraft at Mars that it's a challenge to communicate with them all, but technology being launched later this month could eliminate that problem in the future....
17:51, 06/17/2019

NASA chief says returning astronauts to the Moon could cost $30 billion It was always going to be expensive, but NASA's first cost estimate for the agency's push to land humans on the moon by 2024 is finally here — and it's surprisingly cheap....
17:51, 06/17/2019

Private beaches wanted for rotting 40-tonne whale carcasses The number of dead gray whales washing up on the US west coast has reached record levels, prompting authorities to ask landowners to help dispose of them....
18:17, 06/17/2019

Look up! The Strawberry Moon will shine bright tonight Be sure to look up from your phones for a few minutes tonight to see the Strawberry moon, which will be visible all night from sundown to sunrise.       ...
19:00, 06/17/2019

Alert In North Sikkim As Teesta Flows Over Danger Mark After Cloudburst A flood alert has been sounded in several areas in north Sikkim and parts of neighbouring Bengal after a massive cloudburst inundated the upper reaches of Teesta river. The Teesta river is flowing......
19:00, 06/17/2019

U.N. food chief warns aid suspension in Yemen likely to start this week United Nations food chief David Beasley warned on Monday that a phased-suspension of food assistance in Yemen was likely to begin later this week over a diversion of aid and lack of independence in Houthi-controlled areas....
19:00, 06/17/2019

HONOR20i - The Perfect Camera Smartphone Under Rs. 15,000 HONOR 20i features an attractive gradient design and comes with a small waterdrop-shaped display notch. The phone is priced on the affordable side at Rs. 14,999 but still looks quite beautiful....
20:00, 06/17/2019

California: orange chicken recipe This is a really undemanding dish that can be thrown together quickly for a weeknight supper and goes with pretty much anything: rice, mash and any veg....
20:00, 06/17/2019

iOS 13 Will Finally Support NFC ID Scanning in a Few Countries iPhones have had NFC chips since the iPhone 6, but previously, Apple only allowed NFC to be used for making purchases with Apple Pay. But in iOS 13, Apple is expanding the use of NFC to other apps, and even though iOS won’t officially be available un...
20:34, 06/17/2019

Bill Cosby Called Himself 'America's Dad' and Black Twitter Determined That Was a Lie Disgraced comedian Bill Cosby might be a lot of things—an alleged serial rapist, “a sexually violent predator,” inmate number NN7687—but one title he can no longer claim is “America’s Dad.”...
20:51, 06/17/2019

Get a Free Chili's Burger Delivered Today Chili’s announced a new partnership with DoorDash today, which means you can now get everything from egg rolls to chips and salsa from the restaurant delivered to your door. To celebrate, it’s offering customers a free Oldtimer with Cheese with any $...
22:34, 06/17/2019

How Will PM Modi Double Farmers' Income? European Union Asks India At WTO Massive farm-support plans in the United States and India are being scrutinised by other World Trade Organization members, questions submitted to the WTO's quarterly agriculture committee meeting......
22:51, 06/17/2019

Just one agency should enforce antitrust law Anonymous individuals at the Department of Justice’s Antitrust Division and the Federal Trade Commission have recently taken it upon themselves to leak to the media that their respective agencies will soon open investigations of the largest U.S. tech...
23:00, 06/17/2019

Penalties see lacklustre Norway beat Korea to seal last 16 spot "Two penalties were enough to book Norway\u0027s ticket to the last 16 at the women\u0027s World Cup after an uninspiring 2-1 win against a feisty South Korea team that restored some pride after losing their first two games."...
23:34, 06/17/2019

Former Nxivm ‘sex slaves’ show up for closing arguments Three of Nxivm leader Keith Raniere’s alleged sex slaves showed up in court Monday, as closing arguments in his trial got underway. The ex-“slaves” included women known only as Nicole and Jay, as well as India Oxenberg, the daughter...
23:51, 06/17/2019

Sound of Hong Kong's defiance reverberates in Beijing Beijing’s public support for Hong Kong leader likely hides private fury, but letting her go would be another humiliationThe most obvious casualty of Hong Kong’s extraordinary uprising against chief executive, Carrie Lam, and her campaign to tie the c...
01:17, 06/18/2019

Russia warns of “cyberwar” following report the US attacked its power grid Enlarge / Zapadnaya in the Moscow region. (credit: Vladimir Fedorenko / Владимир Федоренко) The Kremlin on Monday warned that reported US digital incursions into Russia's electric power grid could trigger a "cyberwar" between the two countries. Th...
02:17, 06/18/2019

Taylor Swift Says Life Is "So Much Lighter" After Ending Feud With Katy Perry There's officially no more bad blood between Taylor Swift and Katy Perry! The music icons have put their feud in the past, coming together for Swift's "You Need to Calm......
02:34, 06/18/2019

Harvard has rescinded admission to Parkland shooting survivor Kyle Kashuv over racist comments he made 2 years ago REUTERS/Lucas Jackson Parkland shooting survivor and pro-gun rights activist Kyle Kashuv said that his Harvard University admission for the class of 2023 had been rescinded. He said his admission was revoked "over texts and comments made nearly two...
02:51, 06/18/2019

NHLPA's Don Fehr addresses player labor concerns NHLPA executive director Don Fehr discusses escrow, which a majority of player representatives consider the biggest issue in CBA talks. (June 16)       ...
02:51, 06/18/2019

The Latest: Arizona governor calls police video ‘disturbing’ PHOENIX (AP) — The Latest on Phoenix police pointing guns at a couple during a shoplifting investigation (all times local): 3:30 p.m. Arizona Gov. Doug Ducey says a video showing Phoenix police aiming guns and yelling profanities at a man and a pregn...
03:51, 06/18/2019

3 men escape from immigrant detention center in Colorado AURORA, Colo. (AP) — Authorities are searching for three men who escaped from an immigrant detention center in Colorado. The Sentinel reports the U.S. Immigration and Customs Enforcement agency says the men escaped from the center in Aurora around no...
03:51, 06/18/2019

UNC Children’s Hospital Suspends Most Complex Heart Surgeries The death rate among patients with the most serious heart conditions reached nearly 50 percent, newly released data show. State and federal regulators are investigating....
04:00, 06/18/2019

AT&T Business: Customer experience and digital transformation (CxOTalk interview) Learn how the Chief Marketing Officer of AT&T Business drives CX with organizational change at this huge company with $37 billion in revenue. He also talks about 5G and the Internet of Things (IoT)....
06:34, 06/18/2019

Mets begin sealing their trade deadline fate with ugly loss to Braves ATLANTA — The perfect storm of stench, ugliness and ineptitude enveloped the Mets on Monday in starting this crucial road trip with an embarrassing loss. Zack Wheeler certainly was better than his final line suggested, but he wasn’t good. The lineup ...
08:17, 06/18/2019

UPDATE 1-Alibaba reshuffles management; CFO Wu to oversee strategic investment unit China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant....
08:17, 06/18/2019

Braves’ Mike Soroka Beats the Mets for 8th Straight Win The 21-year-old Soroka’s winning streak is the longest in the majors by a pitcher under 22 since Dontrelle Willis won the same number for the 2003 Florida Marlins....
09:00, 06/18/2019

Best Beauty at MTV Movie & TV Awards 2019: See Tessa Thompson, Lizzo and More Winning Looks Summer is here and Hollywood is bringing the heat to the red carpet! At the 2019 MTV Movie & TV Awards, your favorite stars from both the movie and TV world came together to celebrate......
09:51, 06/18/2019

Oil group Total hopes new supercomputer will help it find oil faster and more cheaply Energy major Total said its new supercomputer - which has propelled it to a world ranking as the most powerful computer in the sector - will enable its geologists to find oil faster, cheaper and with a better success rate....
10:17, 06/18/2019

Plan for a Xi-Kim Summit Boosts North Korea-Linked Stocks Shares in Chinese construction and travel groups rose ahead of a visit by President Xi Jinping to North Korea, on hopes of closer economic ties between the two countries....
11:00, 06/18/2019

Boeing Sued By Man Claiming Co-Workers Used N-Word, Put Noose At His Desk An African American employee at Boeing's Charleston, South Carolina, plant has alleged that he was a "victim to targeted racial harassment of an intentionally extreme and outrageous nature," according......
11:00, 06/18/2019

| China earthquake kills 12, injures 134 The toll from a strong 6.0-magnitude earthquake in southwest China rose to 12 dead and 134 injured as rescuers pulled bodies and survivors from wrecked buildings....
11:51, 06/18/2019