OKFALLSDAILYNEWS.COM: Latest News 14:48, 06/12/2019

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 limite...

Uber to unveil next-generation Volvo self-driving car

Source: reuters.com

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

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....
17:12, 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...
21:24, 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 b...
21:12, 06/12/2019

Volvo and Uber's first self-driving car is ready for the road Two years later, Volvo and Uber are ready to show off their first purpose-built self-driving car. They've introduced a variant of the XC90 SUV that's designed to accept and work with Uber&#...
18:12, 06/12/2019

Volvo unveils first fully self-driving vehicle for Uber Uber and automaker Volvo on Wednesday unveiled a new self-driving sport-utility vehicle they say is the next step in reaching autonomous rideshare transportation....
20:24, 06/12/2019

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 ...
15:24, 06/13/2019

UPDATE 3-Uber unveils next-generation Volvo self-driving car Uber Technologies Inc unveiled its newest Volvo self-driving car in Washington on Wednesday as it works to eventually deploy vehicles without drivers under some limited conditions....
07:00, 06/13/2019

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....
00:12, 06/13/2019

Volvo Offers 'Free' Towing for Every Single Volvo In the U.S. Except There's a Huge Catch Volvo just announced that it will offer free roadside towing for all of its cars in the U.S. The service is called “Tow for Life,” and yes, it will cover rusted out shitboxes. But before you go surfin...
22:12, 06/04/2019

Uber Eats is 'critical' for Uber to make money in the future, Morningstar analyst says Uber is expected to go public later this week in one of the most anticipated initial public offerings in recent memory. However, the company has lost millions in the last two years....
17:12, 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.        ...
11:00, 05/06/2019

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 helico...
06:36, 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 r...
07:12, 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 ...
01:00, 05/14/2019

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 n...
17:36, 05/06/2019

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....
14:36, 05/06/2019

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....
11:48, 05/06/2019

Traders have a $1.5 billion bet riding against Uber (UBER, LYFT) Carlo Allegri/Reuters Short-sellers have ramped up their bets against Uber to $1.5 billion. Borrowing of Uber shares has surged by more than 160% in the past two weeks, to 36 million shares from 13.6...
22:24, 05/28/2019

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, a...
21:00, 04/30/2019

Uber Lit $1 Billion on Fire Last Quarter Because That's What Uber Does In its first earnings as a public company, Uber posted losses of $1 billion over the previous quarter, more or less matching investor expectations, because sending the GDP of Vanuatu off a cliff every...
00:36, 05/31/2019

Volvo's new app tells you what to do after a car accident Being in a car accident is stressful -- even the smallest bump can send your nerves sky high, and in times of extreme tension it's easy to forget the usual protocols. But Volvo is here to make th...
15:48, 05/15/2019

Volvo S60 T5 2019 UK review Volvo takes on the Audi A4, BMW 3 Series, Mercedes C-Class et al with a saloon imbued with inviting Scandi-cool and sophistication In America, apparently they don’t put labels in boxes of assorted c...
10:24, 05/02/2019

Volvo Cars Could Cut Several Hundred Jobs Swedish carmaker Volvo, which is owned by China's Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources.The carmaker, whose number of employees has more than doubled....
10:12, 05/11/2019

New Zealand becomes first in world to unveil 'well-being' budget New Zealand on Thursday announced a new budget worth billions of dollars to benefit mental health services and child poverty in its first so-called "well-being" budget....
15:36, 05/30/2019

Ben & Jerry’s plans to unveil CBD ice cream — once FDA allows it With such flavors as Half Baked, it should come as no surprise that Ben & Jerry’s Ice Cream plans to tap into the growing CBD market. The company, owned by Unilever, announced on its website Thu...
23:12, 05/31/2019

Volvo unveils driverless-ready production car News 12 Jun, 2019 Volvo will build and sell the XC90-based vehicle, which is equipped with a number of autonomous driving systems, to Uber...
19:36, 06/12/2019

Volvo CEO calls possible U.S-Europe trade war 'worrying' President Trump's decision to delay imposing tariffs on European's car industry comes as a welcome relief to automakers, but Volvo CEO Hakan Samuelsson says the potential of a trade war between the tw...
16:12, 05/25/2019

Green to unveil revamp of Topshop empire The high street tycoon Sir Philip Green is to launch a make-or-break revamp of his Topshop empire that could see landlords handed a shareholding of more than one-third of the business....
19:12, 05/22/2019

AT&T will unveil its new streaming service (and maybe ruin HBO Now) this fall Apple and Disney have already hosted splashy media events showcasing the new streaming services they each plan to launch later this year to host original content and hopefully siphon some viewership a...
13:24, 05/02/2019

FCA set to unveil Renault tie-up as early as Monday, reports say The deal between Fiat Chrysler and Renault may include an exchange of equity, people familiar with the matter told Bloomberg. Nissan isn’t involved, though the transaction would allow the carmakers to...
20:36, 05/26/2019

'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.        ...
07:48, 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....
00:48, 05/04/2019

Volvo designers are driving around in mixed-reality headsets I'm sitting in a Volvo XC60 in Italy when a moose appears from out of a doorway. Except that none of this is real. I'm actually sat in an office chair in a San Francisco office building, wea...
17:36, 05/29/2019

Volvo CEO determined to shake up vehicle ownership model Volvo CEO Hakan Samuelsson said the automaker's Care by Volvo subscription service and new M brand for mobility services will help change the way the automaker brings its products to customers, but he...
23:00, 05/14/2019

American Keys overpowers Wozniacki to win Volvo Car Open American Madison Keys overpowers former world No. 1 Caroline Wozniacki 7-6 (5), 6-3 to win Volvo Car Open in Charleston        ...
23:48, 05/15/2019

Volvo picks CATL, LG Chem to supply EV batteries Volvo has signed agreements with CATL and LG Chem for the supply of lithium ion batteries. The deal is crucial to helping Volvo reach its goal of having EVs account for half of its global sales by 202...
18:36, 05/15/2019

Kia Seltos Interior Leaked Ahead Of Unveil This Month The Kia Seltos is the company's first SUV for India and is slated for a global unveil on June 20, 2019. Now, we already brought you leaked images of the Seltos' exterior earlier this month, and the......
18:24, 06/13/2019

Embattled Metro Bank to unveil £350m placing The embattled high street lender Metro Bank will next week unveil the details of a £350m capital-raising that it believes will neutralise City speculation about the state of its finances....
19:00, 05/11/2019

Obamas unveil slate of series, documentaries for Netflix Barack and Michelle Obama have unveiled a slate of projects in development for Netflix, a year after the former president and first lady signed a deal with the streaming platform...
19:12, 04/30/2019

Bezos to unveil private space company secrets Jeff Bezos, founder and chief executive of Amazon and the world's richest man, is set to bring his private space firm out of the dark at an event on Thursday....
12:24, 05/09/2019

U.S. to unveil economic plan for peace in Middle East The plan, which has been two years in the making, envisions large-scale investment and infrastructure work in the Palestinian territories. But the central political elements remain mostly unknown....
06:36, 05/20/2019

‘Avengers’ directors hint that Marvel will unveil a gay character “Avengers: Endgame” directors Joe and Anthony Russo reportedly hinted that a gay Marvel character will be identified in a future installment to the movie franchise....
04:36, 05/09/2019

Elton John’s songwriter to unveil new visual art at exhibit BEVERLY HILLS, Calif. (AP) — Bernie Taupin is known for his behind-the-scenes work with Elton John, but the British songwriter’s visual artistry is stepping into spotlight in an art exhibit. Tau...
11:00, 06/06/2019

Review: The Volvo XC40 is the perfect entry-level luxury car The Volvo XC40 compact crossover is the culmination of Volvo's revamped lineup under Geely, creating the best entry-level luxury crossover on sale today....
18:24, 04/28/2019

At $3,500, Is This a 1992 Volvo 940 Turbo Estate That's Broken-In But Won’t Break The Bank? With a turbocharged red block, a long roof, and a trip to the moon under its belt, today’s Nice Price or Crack Pipe 940 turbo certainly has some interesting aspects. Let’s see if its price can keep yo...
18:48, 05/03/2019

Varjo teams up with Volvo to enable safe driving with AR headsets Varjo has announced a partnership with Volvo to enable safe driving with an augmented reality headset that you could eventually wear while driving.Read More...
20:48, 05/29/2019

Alternative saloon showdown: New Volvo S60 takes on Alfa, Peugeot and Kia When you want something more audacious than an Audi and more B-road friendly than a Beemer, where do you turn? The Volvo S60 joins the growing ranks of family-friendly four and five-door models that...
09:12, 06/15/2019

Volvo Cars Partners With POC To Develop Safer Helmets For Cyclists Volvo Cars are one of the pioneers in the development of safer modern cars and the Swedish carmaker is now coming up with something innovative to take the safety quotient one step ahead. It is......
22:12, 06/03/2019

Defying Brexit, Volvo car brand Polestar picks UK for new development hub Swedish luxury electric carmaker Polestar, which is jointly owned by Volvo Cars and its Chinese parent Geely, is setting up an R&D center in Britain to develop future passenger cars, it said on Wednes...
10:48, 05/08/2019

Volvo: Mixed-reality tool is car development 'game changer' Volvo says the tool will allow designers and engineers to drive next-generation vehicles years before they exist, saving time and money while improving safety....
16:48, 05/29/2019

Volvo Trucks’ autonomous vehicle is hauling goods in Sweden Volvo Trucks' autonomous vehicle Vera is ready to hit the road. In collaboration with ferry and logistics company DFDS, Vera will begin transporting goods between a logistics center and a port te...
19:48, 06/14/2019

Brexit party will unveil full policies after EU elections, says Farage Party leader ramps up attacks on BBC and says he will only talk about Brexit until voteThe Brexit party will present a “full slate” of policy ideas once next week’s European elections are over, Nigel ...
18:12, 05/13/2019

Exclusive: EPA to unveil less ambitious U.S. biofuel credit reform - sources The U.S. Environmental Protection Agency plans to unveil a narrowed-down version of its proposed biofuel credit market reform this month after regulators concluded many of the agency’s initial ideas r...
23:00, 05/23/2019

Bernie Sanders, AOC unveil legislation to cap credit card interest at 15% Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez say legislation is needed to protect consumers from "greed" of credit card and banking industries.        ...
22:12, 05/09/2019

Geoff Keighley and YouTube unveil plans for E3 Live show The Electronic Entertainment Expo (E3) is less than a week away and producer Geoff Keighley and YouTube have announced the details for their E3 Live show.Read More...
21:36, 06/04/2019

Dell and Alienware unveil a cornucopia of updates at Computex 2019 Dell today announced a slew of refreshes for its Inspiron, XPS, and Alienware laptop lineups at Computex 2019 in Singapore. It also unveiled new gaming headsets, a delivery and installation service, a...
03:36, 05/29/2019

Volvo r&d chief defends 'Big Brother' steps to reach safety goal Volvo's decision to limit the top speed in its new models has sparked reaction that is 80 percent positive or neutral and 20 percent negative, says the automaker's r&d chief....
13:12, 05/10/2019

Volvo Cars and Varjo Launch Mixed Reality Application For Car Development Volvo Cars and Varjo, the maker of high-end augmented reality headsets, have created a world-first mixed reality approach to evaluating prototypes, designs and active safety technologies. The......
17:00, 05/30/2019

Volvo signs multi-billion dollar EV battery supply deal An electric XC40 will launch later this year Deal promises battery supply for next decade as Swedish firm forges ahead with electrification strategy Volvo has bolstered its electrified model roll-o...
11:12, 05/15/2019

U.S. rejects GM, Volvo tariff relief requests for China-made vehicles GM and Volvo both said they were aware of the respective denials of their nearly year-old petitions. Both companies had not raised the sticker price to account for tariffs, which came into play last J...
19:24, 06/05/2019

Autocar confidential: Volvo's views on saloons, Lexus holds on to hybrids and more Our reporters empty their notebooks to round up a week in gossip from across the automotive industry In this week's stroll through motoring's backstage area, we hear how Volkswagen plans to revolutio...
04:00, 06/04/2019

U.S. rejects GM, Volvo tariff relief requests for China-made SUVs The United States has rejected separate requests from General Motors Co and Chinese-owned Volvo Cars for an exemption to a 25% U.S. tariff on their Chinese-made sport utility vehicle models....
18:12, 06/05/2019

Audi, Volvo and Aston Martin are all expected to reveal electric cars Over half a million people will descend on the Geneva Motor Show this week to glimpse their future car, which increasingly looks likely to be electric...
21:00, 04/28/2019

US rejects GM, Volvo tariff relief requests for China-made SUVs The United States has rejected separate requests from General Motors and Chinese-owned Volvo Cars for an exemption to a 25% U.S. tariff on their Chinese-made sport utility vehicle models....
18:36, 06/05/2019

U.S. presidential hopeful Harris to unveil plan to protect abortion rights Democratic presidential candidate Kamala Harris will unveil a new plan to protect abortion rights on Tuesday, joining fellow White House hopefuls pushing back against Republican-backed state laws that...
02:24, 05/29/2019

Facebook to unveil new versions of Portal video chat devices this autumn Facebook Inc plans to release new versions of its Portal video chatting devices this autumn, the company's vice president of AR/VR, Andrew Bosworth, said during an interview at the Code Conference in ...
07:24, 06/11/2019

AMD rumored to unveil Radeon Navi RX 3080 and 3070 GPUs next week The latest AMD rumor is a biggie, and reveals the apparent existence of a pair of incoming Navi graphics cards which will be unveiled in less than a week, and go on sale on July 7.Before we get stuck ...
16:48, 05/21/2019

Amid rising conflict, Theresa May won't unveil 4th Brexit pitch as planned British Prime Minister Theresa May won't submit her fourth proposed agreement to leave the European Union on Friday, as it was planned -- amid rising discontent among members of her party and lawmaker...
09:36, 05/24/2019

MG Hector Unveil India Live Updates: Images, Specifications, Features Catch all the Lives Updates from the MG Hector unveil that is all set to happen today at a special event in Mumbai. The new MG Hector will be competing in the compact SUV segment....
09:24, 05/15/2019

Facebook to unveil new versions of Portal video chat devices this fall Facebook Inc plans to release new versions of its Portal video chatting devices this fall, the company's vice president of AR/VR Andrew Bosworth said during an interview at Code Conference in Scottsda...
04:00, 06/11/2019

Elizabeth Warren to Unveil $100 Billion Plan to Fight the Opioid Crisis Sen. Elizabeth Warren will unveil a ten-year, $100 billion plan aimed at curbing the abuse of extremely addictive opioid drugs such as oxycodone, hydrocodone and fentanyl. The Massachusetts Democrat, ...
14:48, 05/08/2019

Report says Huawei's HiSilicon unit will unveil a new Kirin chipset tomorrow Even though it appeared that Huawei was self-reliant when it came to the chips used on his high-end phones, that was not the case. Sure, its HiSilicon unit designed these critical components, but it d...
03:24, 05/29/2019

WWDC 2019 keynote live stream: How to watch Apple unveil iOS 13 Apple is set to kick off its annual developer conference on Monday, June 3rd with a keynote at the San Jose McEnery Convention Center at 10 a.m. PT / 1 p.m. ET. WWDC 2019 will focus on software update...
22:48, 06/03/2019

Billionaire Jeff Bezos to unveil plans for moon presence, sources say Billionaire entrepreneur Jeff Bezos will unveil plans on Thursday for missions to the moon tailored to the U.S. government's renewed push to establish a lunar outpost in just five years, people famili...
18:24, 05/09/2019

Volvo taps Asia's LG Chem, CATL for long-term battery supplies Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with Asian firms LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its EV target of 50 perce...
14:12, 05/15/2019

Volvo’s Vera autonomous trucks will transport DFDS goods on public roads Volvo has announced a commercial first for its autonomous Vera trucks -- a partnership with logistics company DFDS to transport goods on public roads.Read More...
15:24, 06/13/2019

ECB unveil The Hundred logo as ticket registration opens ahead of 2020 launch The ECB have revealed early details of next summer's new competition The Hundred as they unveiled a logo and website, and announced that the player draft will take place on October 20....
17:02, 05/15/2019

UPDATE 1-Facebook to unveil new versions of Portal video chat devices this autumn Facebook Inc plans to release new versions of its Portal video chatting devices this autumn, the company's vice president of AR/VR, Andrew Bosworth, said during an interview at the Code Conference in ...
06:00, 06/11/2019

Exclusive: MG Hector SUV Spy Shots Reveal Colours On Offer Ahead Of Global Unveil Ahead of the MG Hector's official debut, a new spy photos shows us what the MG Hector looks like. Slated to make its global debut in India, on May 15, the SUV is expected to be launched sometime in......
01:12, 05/05/2019

NDP Leader Jagmeet Singh to unveil platform ahead of 2019 federal election Speaking in Hamilton at the NDP convention on Sunday, NDP Leader Jagmeet Singh  is expected to unveil his party's platform ahead of the 2019 federal election....
18:24, 06/16/2019

U.S. farm state senators unveil bill to overhaul biofuel waiver program Two Midwest senators said on Friday they have introduced a bill to reform the Environmental Protection Agency's opaque biofuel waiver program, which the corn industry says helps oil companies at the e...
19:48, 06/14/2019

China's CATL signs multi-billion-dollar battery supply deal with Volvo China's top battery maker, Contemporary Amperex Technology Co Ltd (CATL), said it had signed a multi-billion dollar battery supply deal with Volvo Car Group....
14:12, 05/15/2019

Bigger and better: New England Patriots unveil Super Bowl LIII ring, the largest in history At 9.85 carats, the New England Patriots' Super Bowl LIII ring, commemorating the team’s sixth championship, is the largest ever made.       ...
06:00, 06/08/2019

White House to unveil sweeping overhaul of immigration system, including merit-based admissions, officials say The White House is set to unveil a sweeping new plan that would radically transform the makeup of immigrants in the United States, ending the visa lottery program and implementing a comprehensive meri...
22:24, 05/15/2019

Trump prepares to unveil broad immigration plan but shows no signs of tempering hard-line rhetoric The president’s proposal to move toward a ‘merit-based system’ has faced skepticism from both parties. Any legislation is unlikely to get far in Congress....
05:12, 05/16/2019

Liberals to unveil ‘social finance’ plan for new ways to deliver social services The Liberals have been crafting the strategy for years, hoping to bring private money into social services governments provide themselves or directly fund....
13:48, 06/12/2019

New York City to unveil largest rainbow pride flag in city’s history New York is coming out in a larger-than-life way this Pride Month, unveiling the biggest pride flag in the city's history on Friday. But it won't be a traditional cloth flag....
23:12, 06/12/2019

Bethesda, id software unveil 'Doom Eternal' and cloud gaming tech to speed game streams Bethesda Softworks and id Software have been working on improvements in game software to improve video game streaming services.       ...
08:24, 06/10/2019

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. Today, that thing is “your abi...
16:48, 06/14/2019

Uber Wants to Be the Uber of Everything The ride-hailing company, headed for its IPO next week, aims to dominate the world of transportation, from food delivery to freight. But can it make any money?...
22:12, 05/03/2019

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 p...
10:24, 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 co...
05:12, 05/15/2019

|Uber'shypedissolvesandIPOjoinsranksofWallStreetflops Uber plunged immediately at the opening of trading, falling as much as 8.8% from its IPO price of $45 per share, a level that was already at the low end of bankers’ expectations....
10:12, 05/12/2019

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.g...
13:00, 06/04/2019

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....
04:24, 05/10/2019

Should Uber Bar Felons From Becoming Drivers? The tight U.S. labor market is pushing more employers to consider hiring nontraditional candidates, including some with criminal records. That is intensifying debates about safety, fairness and likeli...
12:24, 05/22/2019

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...
00:24, 05/30/2019

Uber, Lyft losses keep competitors at bay SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good...
16:12, 05/11/2019

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 hop...
02:12, 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...
20:36, 05/10/2019

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....
13:00, 06/14/2019

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)   ...
00:48, 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) &...
00:48, 05/11/2019

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 sh...
09:48, 05/12/2019

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 bac...
00:24, 05/10/2019

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, ...
14:48, 05/11/2019

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...
22:48, 05/10/2019

Uber's IPO flops as shares slide again Downward spiral continues in early trading after stock market debut on FridayUber shares dropped again after Wall Street opened on Monday as demand for the taxi-hailing app’s stock continued to slump ...
18:12, 05/13/2019

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 i...
20:12, 05/20/2019

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.        ...
02:12, 05/30/2019

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 le...
23:48, 06/04/2019

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...
14:36, 06/04/2019

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 devel...
17:36, 05/29/2019

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....
19:48, 05/29/2019

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...
07:12, 05/31/2019

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....
07:00, 05/30/2019

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 said he wants mor...
23:36, 06/07/2019

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....
03:12, 05/16/2019

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....
23:48, 06/07/2019

Uber shares slump for second day after ill-fated IPO Uber Technologies Inc's shares fell as much as 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received Wall Street debut on Friday and raising more questions abou...
20:48, 05/13/2019

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 compan...
02:24, 05/14/2019

Uber Has Poisoned an IPO Market That Was Sick Anyway Uber’s flop makes it harder for the next big Silicon Valley unicorn trying to shift its losses on to public markets, just as Snap’s dire debut did two years ago....
12:13, 05/14/2019

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 activ...
16:24, 05/14/2019

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 fa...
06:12, 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 ridesharing...
23:24, 05/30/2019

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 ...
18:12, 04/28/2019

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...
01:24, 06/08/2019

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...
03:36, 05/31/2019

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....
20:36, 04/28/2019

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....
02:24, 04/29/2019

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 t...
06:12, 05/09/2019

Uber drivers strike over pay and conditions Protests take place in UK, US, Brazil and Australia as ride-hailing app prepares for stock market debutUber drivers have gone on strike in the UK, US and other countries including Brazil and Australia...
22:00, 05/08/2019

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.        ...
11:48, 05/01/2019

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) ...
02:36, 05/09/2019

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....
17:24, 05/08/2019

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....
22:48, 05/08/2019

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 ...
22:48, 06/06/2019

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 act...
21:00, 05/08/2019

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...
07:48, 06/06/2019

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...
03:36, 04/30/2019

Uber unveils its vision of flying taxis Uber presented a grandiose vision of flying vehicles whisking people around cities at its annual flying car conference Tuesday in Washington, DC, a day after a fatal helicopter crash raised safety que...
22:24, 06/12/2019

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 t...
09:48, 06/05/2019

Uber goes into reverse as first day stock price disappoints Stock traded at considerably lower than the $100bn hailing app had hoped to achieveUber’s hopes of a surge in the price of its shares have fallen flat, as investors gave the taxi-hailing app’s eagerly...
19:00, 05/10/2019

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....
11:48, 05/09/2019

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....
21:00, 05/08/2019

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....
20:00, 06/04/2019

Uber Warns It's Under Investigation by the IRS Over Past Tax Returns Uber—the unicorn whose disastrous initial public offering last month launched a thousand think pieces—has revealed that it is currently under investigation by tax authorities over past returns, a reve...
19:36, 06/04/2019

Uber driver accused of being a Somali war criminal An Uber driver with a near-perfect five-star rating has just been outed as an accused Somali war criminal who carried out acts of torture, according to a new report. Yusuf Abdi Ali — an alleged ...
15:12, 05/15/2019

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 le...
19:24, 06/04/2019

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 m...
01:00, 04/30/2019

Uber starts trading at $42 a share, 6.7% below IPO price Uber Technologies Inc's stock on Friday opened down 6.7 percent in its first trade on the New York Stock Exchange, in the most high-profile U.S. market debut since Facebook Inc seven years ago....
19:12, 05/10/2019

With Waymo Settlement, Uber C.E.O. Makes His Mark In settling a driverless car trade secrets dispute with Waymo, Dara Khosrowshahi, Uber’s C.E.O., showed how he employs the tactics of conciliation, regret and compromise....
18:00, 05/20/2019

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 h...
00:12, 06/08/2019

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 sto...
00:00, 05/14/2019

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 see...
00:36, 06/08/2019

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....
19:12, 05/17/2019

| 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 transp...
08:36, 05/02/2019

Uber’s IPO nightmare gets worse as stock tanks again Uber’s nightmare debut as a public company continued on Monday, with the ride-hailing giant’s stock plunging more than 10 percent after a disastrous kickoff on Friday. Shares of the San Francisco-base...
19:48, 05/13/2019

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.        ...
01:00, 05/09/2019

Uber riders can buy transit tickets on app for Denver NEW YORK (AP) — Riders in Denver will soon be able to buy tickets for public transportation using the Uber app, the latest step on the ride-hailing company’s mission to become a one-stop shop fo...
18:24, 05/02/2019

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 s...
20:48, 06/06/2019

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 employe...
17:00, 05/18/2019

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 Harfo...
20:48, 06/08/2019

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 Center said, a development that could herald faster and safer organ......
04:12, 05/02/2019

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 disap...
21:48, 05/08/2019

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....
14:36, 06/06/2019

Uber and Lyft stop hiring new drivers in NYC Both Uber & Lyft have placed a hold on new drivers in New York City. Buzz60’s Natasha Abellard has the story.        ...
21:24, 04/30/2019

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 prom...
14:36, 06/12/2019

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 of...
16:36, 06/04/2019

Disgruntled Uber drivers turn off apps The best ride-hailing app in the world is useless if it can't connect you with a vehicle, something customers often discover after last call at an out-of-the-way bar or arrival at a sparsely populated...
09:48, 05/10/2019

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 ...
17:36, 05/29/2019

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...
10:12, 05/05/2019

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 ...
23:36, 05/07/2019

Uber's First-Quarter Loss Tops $1 Billion The ride-hailing company’s loss topped $1 billion in its first quarterly report as a public company, affirming its continuing challenge of spending heavily to fend off ride-hailing and delivery rivals...
23:36, 05/30/2019

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...
06:12, 05/10/2019

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 ...
21:12, 05/04/2019

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....
18:24, 06/13/2019

Uber Leaning Toward Pricing Shares at $45 Apiece 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....
22:36, 05/09/2019

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...
23:00, 05/24/2019

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 M...
11:24, 05/31/2019

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....
15:48, 05/10/2019

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 pu...
06:24, 05/08/2019

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 confere...
02:00, 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....
00:48, 05/04/2019

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 set its value at around US$84 bill...
18:24, 04/29/2019

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 b...
19:48, 05/29/2019

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 i...
17:12, 04/29/2019

Uber will start booting riders with low ratings Better be nice to your Uber driver and keep those stars up. Beginning Wednesday, the ride-hailing app will start to boot the worst of its boorish riders off the platform. “Respect is a two-way s...
19:48, 05/29/2019

Uber drivers in UK cities strike over pay and conditions Drivers to take part in global protest on eve of ride-hailing app’s flotation on stock marketHundreds of Uber drivers in Britain are to go on strike as part of an international protest against pay and...
05:36, 05/08/2019

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...
08:12, 06/01/2019

Uber Names Melbourne as First Non-US City for Flying Car Programme Uber has selected Melbourne, Australia, as the first non-US city for its aerial ridesharing service that is expected to launch in 2023, as it unveiled new partners for the ambitious initiative....
12:36, 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 inste...
18:00, 05/08/2019

Uber posts $1B loss in its first quarter as a public company Uber Technologies reported a $1 billion loss in its first quarterly report as a public company on Thursday, despite a 20 percent rise in revenue, posting results in line with its forecasts but undersc...
02:00, 05/31/2019

‘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 abi...
07:48, 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&#...
13:48, 05/17/2019

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...
20:24, 05/07/2019

As WeWork's Losses Mount, It Aims to Distance Itself From Uber As WeWork heads toward an initial public offering, its chief executive is aiming to give assurances that the office-space giant isn’t another money-losing startup like Uber....
23:24, 05/15/2019

SoftBank's Vision Fund to borrow $4 bln against stakes in Uber and two others - FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financi...
08:12, 05/30/2019

‘Uber of Weed’ wants to raise $100M despite app store bans Snoop Dogg-backed cannabis company Eaze is raising a new round of financing that’s expected to value it at $800 million — despite Google trying to kill the vibe on Wednesday, sources told The Post. Th...
07:24, 05/30/2019

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 attacke...
00:36, 06/08/2019

Uber may stumble like Lyft even as other recent IPOs soar 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 ...
19:00, 05/07/2019

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 ille...
07:00, 05/03/2019

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 on...
09:24, 05/03/2019

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

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...
18:48, 05/15/2019

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 “BB̶...
15:48, 06/07/2019

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....
09:24, 05/03/2019

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....
19:00, 05/08/2019

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...
19:00, 05/16/2019

Amazon squares up to Uber with backing for UK food app Deliveroo Amazon has led a funding round in British online food delivery company Deliveroo, pitting itself against Uber Eats and other smaller providers in an escalating battle to deliver takeaway meals....
10:36, 05/17/2019

Uber Copter to Offer Flights From Lower Manhattan to J.F.K. For an 8-minute, one-way flight, the average ride will cost between $200 and $225 per person and include private ground transportation on both ends of the trip....
00:00, 06/06/2019

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 cle...
17:48, 05/03/2019

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...
10:12, 06/05/2019

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....
22:12, 05/31/2019

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 ...
20:48, 05/04/2019

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 t...
12:24, 06/04/2019

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 frequ...
04:12, 06/05/2019

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-...
14:36, 05/23/2019

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 confirme...
18:00, 06/04/2019

Uber and Lyft drivers on two-hour strike Wednesday Uber and Lyft drivers in New York will participate in a two-hour strike on Wednesday morning as part of a nationwide protest of Uber's treatment of mobile app drivers.     &#...
14:36, 05/08/2019

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....
18:36, 05/31/2019

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 t...
13:48, 05/08/2019

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....
20:24, 05/17/2019

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 mont...
16:48, 05/22/2019

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....
12:12, 05/08/2019

BlackRock, Other Big Investors Spoil Uber's Coming-Out Party Uber Technologies grew to be the nation’s most valuable startup thanks to support from some of the biggest investors around, but that support became a liability when the ride-hailing giant made its st...
19:12, 05/19/2019

Uber, Lyft Drivers Plan 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 d...
13:12, 05/08/2019

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....
16:24, 05/21/2019

After Settling With Uber, Waymo Faces Bigger Challenges The self-driving car unit of Google’s parent company was a pioneer in self-driving cars. Now, its former engineers are among its toughest competitors....
18:00, 05/20/2019

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 Mo...
21:24, 05/24/2019

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...
09:24, 05/23/2019

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 L...
15:36, 05/10/2019

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 t...
14:12, 05/09/2019

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 ...
03:24, 06/14/2019

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......
12:48, 05/09/2019

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 suffe...
10:36, 05/09/2019

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...
01:00, 05/11/2019

Uber & Lyft have stopped accepting new NYC drivers, report says Both Uber & Lyft have placed a hold on new drivers in New York City. Buzz60’s Natasha Abellard has the story.        ...
19:00, 04/30/2019

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 de...
05:24, 05/11/2019

Ride-hailing firm Uber in biggest IPO in five years Ride-hailing service Uber went public on Friday, and the event had been billed as one of the largest IPOs in the history of the New York Stock Exchange. But the company's high losses have many questio...
16:24, 05/10/2019

It Looks Like Uber's Sleazy Approach to Driver Lawsuits Could Be Backfiring Uber has had what can best be characterized as a shitstorm of scandals in its decade-long run, and that isn’t even including any misconduct kept out of the public eye thanks to forced arbitration. Hid...
06:12, 05/09/2019

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 repor...
20:36, 04/30/2019

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

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 about $44 in afternoon tr...
20:12, 05/10/2019

Uber makes long-awaited IPO by trading at $42 per share Ride-share company Uber made its long-awaited initial public offering Friday -- with an initial list price of $45 per share, which fell to $42 by the start of trading on the New York Stock Exchange....
19:36, 05/10/2019

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 ...
23:12, 06/12/2019

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 th...
17:24, 06/13/2019

Students: Know the rules of the road before your Uber or Lyft summer gig Driving for Uber or Lyft could be an ideal way for college students to earn some summer cash. Here are some rules of the road they should know first.       ...
16:00, 06/13/2019

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 aft...
15:48, 05/10/2019

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...
16:00, 05/10/2019

Uber Rides Get Cheaper With New Bajaj Qute Car on UberXS Uber has launched a new ride-hailing service in Bengaluru that will use miniature gas-powered cars called Qute to win over commuters stressed out by the sprawling city's heavily-congested streets....
09:48, 06/14/2019

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 envir...
08:12, 05/10/2019

5 ways Uber changed our lives as company IPO arrives Even with questions lingering about its finances as its IPO arrives, this much is settled: Uber has forever altered the way we travel, talk and work.        ...
07:24, 05/10/2019

Uber Opens at $42 a Share, Stumbles in Trading Debut 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....
18:12, 05/10/2019

Uber tumbles 9% in rocky stock market debut Uber Technologies Inc's shares fell nearly 9% in their debut on Friday, marking a rocky start to one of the most high-profile U.S. initial public offerings since Facebook Inc's seven years ago....
18:24, 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....
18:24, 05/10/2019

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 se...
19:12, 05/10/2019

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....
18:24, 04/28/2019

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 n...
19:48, 06/14/2019

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....
18:48, 05/12/2019

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."...
14:24, 05/02/2019

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....
20:36, 05/09/2019

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....
22:36, 05/14/2019

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 "...
01:12, 04/30/2019

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. Acc...
11:48, 06/10/2019

Uber drivers are contractors, not employees, U.S. labor agency says Drivers for ride-hailing company Uber Technologies Inc are independent contractors and not employees, the general counsel of a U.S. labor agency has concluded, in an advisory memo that is likely to ca...
00:48, 05/15/2019

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 o...
20:12, 05/02/2019

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....
20:24, 05/09/2019

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 ...
19:00, 05/09/2019

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...
08:24, 05/15/2019

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.        ...
21:36, 05/08/2019

Uber's COO and CMO to step down as CEO Khosrowshahi takes on bigger role Khosrowshahi said he will take on a more involved role in the company, with the heads of core businesses such as Ridesharing and Uber Eats now reporting directly to him....
04:48, 06/08/2019

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 Internatio...
21:00, 05/13/2019

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 i...
13:00, 05/02/2019

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 value...
20:12, 05/10/2019

Uber and Lyft drivers strike for better transparency about how much they’re paid Ride-hailing drivers began striking and demonstrating in multiple cities, starting on the East Coast. Despite some drivers in New York City logging off between 7 a.m. and 9 a.m., few riders appeared t...
23:00, 05/08/2019

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....
04:12, 06/12/2019

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 cr...
23:12, 05/08/2019

Uber and Eight Other Once-Small Startups Are Now Worth a Combined $225 Billion Despite the tough economy, startups such as Uber, Pinterest and Airbnb benefited from scrappy entrepreneurs as well as the rise of the smartphone and cloud computing....
22:36, 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 Francisc...
01:12, 05/09/2019

Loss-making Uber does not look like a business worth $90bn As drivers protest and the IPO roadshow rolls on, investors need to ask some tough questionsGood luck to those Uber workers protesting about wages and working conditions. They picked their moment to c...
01:12, 05/09/2019

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....
09:12, 05/13/2019

UPDATE 4-Uber prices blockbuster IPO conservatively to raise $8.1 bln Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range to raise $8.1 billion, adopting a risk-averse stance toward the most high-profile U.S. listing...
23:24, 05/09/2019

'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 o...
08:36, 05/07/2019

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....
11:24, 05/31/2019

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....
19:24, 04/28/2019

UPDATE 3-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 ...
00:48, 06/14/2019

Visa, Uber, and PayPal Are Reportedly Backing Facebook's Cryptocurrency After months of rumors, it appears a Facebook cryptocurrency is imminent. Reports last week said its planned launch is slated for June 18, and now it appears that the cryptocurrency, Libra, has some l...
22:24, 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 ...
03:36, 05/31/2019

Uber to kick off investor road show with IPO terms on Friday Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to...
18:12, 04/28/2019

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 sprawl...
20:12, 06/13/2019

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 ...
05:24, 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....
03:48, 06/14/2019

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 g...
09:00, 05/31/2019

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......
11:36, 05/31/2019

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....
20:12, 06/13/2019

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....
15:48, 05/01/2019

Exclusive: India to order taxi aggregators like Uber, Ola to go electric India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new rules f...
15:36, 06/06/2019

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 stoc...
21:24, 06/11/2019

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 th...
03:12, 06/08/2019

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....
15:00, 06/11/2019

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...
18:12, 06/12/2019

Uber drivers are not employees, Fair Work Ombudsman rules Transport Workers Union says the decision will be devastating for workers in the gig economyThe ridehailing company Uber does not directly employ its drivers, the Fair Work Ombudsman has said, because...
07:00, 06/07/2019

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....
21:24, 06/07/2019

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....
20:00, 05/03/2019

Uber sued for 'hundreds of millions' in Australian class action Uber is no stranger to lawsuits on any continent, but a new class action filing from four Australian states looks set to become one of the largest in the country's history....
22:24, 05/03/2019

Drivers group plans work stoppage ahead of Uber IPO NEW YORK (AP) — An organization representing for-hire drivers in New York City says its members will go on a two-hour strike against Uber and Lyft ahead of Uber’s planned initial public stock of...
23:00, 05/03/2019

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 elect...
20:12, 06/13/2019

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 callin...
21:36, 06/03/2019

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

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....
05:36, 05/04/2019

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....
20:00, 04/30/2019

Ride-hailing drivers in New York to strike ahead of Uber IPO Uber Technologies Inc's drivers in New York will go on strike next week shortly before the ride-hailing company goes public to protest what they view as unfair employment conditions, a taxi union said...
00:24, 05/04/2019

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...
02:24, 06/11/2019

Uber's IPO underwriters recommend buying, estimate deep losses 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-hailin...
21:00, 06/04/2019

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, accordi...
00:00, 06/08/2019

French ride-hailing app Kapten to launch in London, take on Uber French ride-hailing app Kapten, formerly called "Chauffeur Prive", has won approval from Transport for London to launch its services in the British capital and take on the likes of Uber as well as the...
15:00, 05/16/2019

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 target...
12:36, 05/10/2019

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 ...
03:00, 05/23/2019

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.....
10:00, 05/10/2019

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 ...
09:12, 05/12/2019

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 ...
03:12, 05/23/2019

Uber to open third Latin America support center in Bogota Ride-hailing app Uber will spend $40 million over five years to open its third support center in Latin America in September in the Colombian capital Bogota, the company said on Wednesday....
05:12, 05/23/2019

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....
08:00, 05/11/2019

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’ abys...
21:36, 05/08/2019

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...
16:48, 05/23/2019

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....
14:48, 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,...
16:24, 05/08/2019

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...
22:36, 05/21/2019

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 U...
22:00, 05/21/2019

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...
06:48, 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...
20:24, 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 dehuman...
00:24, 05/16/2019

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...
21:36, 05/15/2019

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 unusua...
14:24, 05/14/2019

Uber Set to Debut on NYSE, Under Pressure to Avoid Lyft Debacle Uber will begin life as a public company on Friday, under pressure to start trading strongly after conservatively pricing its initial public offering....
15:48, 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....
15:48, 05/10/2019

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....
19:24, 05/10/2019

Uber fizzles in Wall Street debut, opens below $45 IPO price Uber Technologies Inc's shares made a disappointing market debut on Friday, marking a rocky start for the most anticipated initial public offering of the year as other high-profile startups such as Sl...
21:48, 05/10/2019

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...
01:12, 05/11/2019

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....
04:24, 05/24/2019

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....
10:48, 05/08/2019

Uber prices IPO at $45 per share, at lower end of target range -sources Uber Technologies Inc on Thursday priced its initial public offering at $45 per share, according to people familiar with the matter, at the lower end of its target range to raise $8.1 billion....
23:24, 05/09/2019

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)....
05:12, 05/10/2019

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 Financi...
09:00, 05/30/2019

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....
11:48, 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 init...
22:36, 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 h...
05:00, 05/09/2019

Uber, Lyft drivers plan strikes in major cities Ride-hailing drivers in Boston, Los Angeles, New York, San Francisco and other large cities said they would participate in the strike on Wednesday and encouraged users to boycott the apps as well....
14:00, 05/08/2019

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 ...
02:24, 05/25/2019

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....
20:12, 05/07/2019

UPDATE 2-Uber drivers are contractors, not employees, U.S. labor agency says A U.S. labor agency has concluded that ride-hailing company Uber Technologies Inc's drivers are independent contractors and not its employees, which could prevent them from joining unions....
00:00, 05/15/2019

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 ast...
04:36, 05/11/2019

Amazon to Invest in Deliveroo, a Rival to Uber in Food Delivery The $575 million investment strengthens one of the biggest overseas rivals to Uber’s food-delivery division, which the ride-hailing company considers a key business....
22:00, 05/17/2019

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.        ...
19:36, 05/14/2019

One Country's Uber-Efficient, Incredibly Invasive Digital ID System Estonia’s experience with digital IDs shows the promise (flatter borders and bureaucracy) and the potential perils (hackers and government trackers) of being wired in from cradle to grave....
16:48, 05/09/2019

How Corporate Delusions of Automation Fuel the Cruelty of Uber and Lyft As drivers around the world went on strike just days before Uber’s IPO, they shared harrowing stories of being overworked and underpaid, subjected to a frustratingly opaque payment system, and even sl...
18:48, 05/09/2019

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 d...
03:24, 06/12/2019

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...
18:24, 05/10/2019

Russia's Saint-Petersburg exchange adds new U.S. shares, Uber in pipeline Russia's Saint-Petersburg Exchange has added 100 shares in U.S. companies worth a total $364.4 billion to its trading platform, the bourse said on Tuesday....
18:00, 06/11/2019

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....
00:48, 05/09/2019

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....
04:36, 06/13/2019

UPDATE 1-Slack listing planned for June 20 in wake of underwhelming Uber IPO Slack Technologies, the owner of a popular workplace instant messaging app, plans to go public on June 20, the company said on Monday, a test of investor appetite for loss-making technology stocks in ...
20:48, 05/13/2019

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....
02:36, 06/12/2019

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 face...
20:36, 05/13/2019

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....
17:00, 05/13/2019

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 v...
00:12, 05/12/2019

Uber sued by thousands of Australian taxi drivers in class action An Australian 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 op...
01:48, 05/03/2019

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 Somalil...
12:24, 05/15/2019

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 bl...
05:12, 05/09/2019

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 a...
06:12, 05/09/2019

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, accordi...
00:36, 06/08/2019

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...
20:00, 05/08/2019

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....
19:12, 05/10/2019

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.        ...
20:48, 06/06/2019

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 ...
15:00, 06/11/2019

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.....
18:48, 06/06/2019

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 ...
06:12, 06/13/2019

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...
16:48, 05/23/2019