Uber Stories
Uber Prices IPO At Only $45 Per Share, One Day After Drivers’ Strike
Uber took the conservative road to its IPO, princing its stock at only $45 per share.
Lyft Stops Disclosing Key Metrics
The company's explanation has some holes.
Uber And Lyft Strike: How Will It Affect Passengers?
As Uber and Lyft begin their strike on Wednesday, passengers in a number of major cities may have difficulty securing a ride with the two ridesharing companies.
Lyft, Uber Drivers In New York To Strike For Fair Pay On May 8
The median hourly wage for app-based drivers in New York is only $14 an hour.
Uber Sued By 6,000 Australian Taxi Drivers For ‘Illegal Operations’
A class action lawsuit has been filed against American ride-hailing company Uber Technologies in Australia alleging illegal operations.
Forget Uber And Lyft -- Yandex Is A Better Ridesharing Play
The “Google of Russia” is also the “Uber of Russia."
Uber’s $9 Billion IPO Rests On Drivers’ 80-Plus Hour Workweeks And A Lot Of Waiting
One of Uber's selling points is that a driver is always available to pick up a rider within minutes. But the drivers who make this possible aren't being compensated for the time they spend waiting.
Why Is PayPal Investing $500 Million In Uber’s IPO?
PayPal will invest $500 million in Uber's IPO in a private placement at the share price.
Tesla ‘Robotaxi’: Elon Musk ‘Confident’ Hybrid, Ride-Sharing Network Venture Will Succeed
Tesla's Robotaxi is expected to change the way we look at ride sharing.
Uber Passenger On Way To Abortion Ditched By Driver Midway Through Ride
The 20-year-old passenger said the Uber driver pulled over to the side of the road and told her to get down saying he couldn’t take her any further. The driver was banned from the app after an investigation.
Uber Gets $1B Investment For Self Driving Car Unit Ahead Of IPO
Uber's major Japanese investors are eager to speed-up the company's autonomous driving project.
Zoom Video Raises Range On IPO Ahead Of Thursday Launch
This under-the-radar tech unicorn has one unusual advantage compared to most of the companies to go public recently.
Uber Allows Women Drivers To Request For Female Passengers In Saudi Arabia
Uber has introduced a special program specific to Saudi Arabia where women drivers will be allowed to pick only women passengers for their ride services.
Boeing Crashes And Uber Collision Show Passenger Safety Relies On Corporate Promises
These tragedies are the result of regulators and industry experts overlooking the complexities and risks of interactions between technologies and humans and increasingly relying on companies’ voluntary self-assessment.
Infographic: Uber's Cumulative Operating Losses Since 2014
This chart shows Uber's revenue, costs and expenses and cumulative operating losses since 2014.
Uber IPO Could Be Biggest Public Offering In Years
Uber's IPO is finally here, and investors hope it won't "do a Lyft."
Lyft Shares Drop More Than 10% As Overvaluation Fears Persist
It's becoming increasingly clear that Lyft might be overvalued, and its stock is paying the price.
Uber Driver Arrested For Robbery After Dropping Passengers Off And Returning To Their Home
A 38-year-old Uber driver has been arrested after attempting to break into the residence of his passengers after dropping them off at an airport.
Tesla Self-Driving Cars To Compete With Uber, Lyft Services, CEO Elon Musk Says
Tesla CEO Elon Musk said that their self-driving cars could be used as a new generation of taxis similar to Uber and Lyft services.
Warren Buffett Uses A $20 Samsung Phone Despite Owning Apple Stock
When a top investor in Apple stock says he does not use an iPhone, it is bound to be a big surprise! This is what billionaire investor Warren Buffett did.
Fake Uber Driver Sexually Assaulted Women, Pretending To Be On-Call
The man was extradited from Kansas City on kidnapping and sexual assault charges and arraigned in a Connecticut court since the incidents took place in Stamford, Connecticut.
Lyft's IPO: Why Institutional Investors Can't Get Enough
The success of tech stocks over the last decade has changed the way big investors think.
Uber: What Investors Need To Know Before Its IPO
There's plenty to love about the ridesharing juggernaut -- but potential investors need to understand the company's challenges as well.
Uber Acquisition: Ride Share Company To Acquire Dubai Competitor
Uber Technologies is expected to announce that it has acquired its Dubai-based ride share competitor Careem Networks FZ.
Uber Driver Filmed Upskirt Videos Of Passengers Secretly
The driver told the officers he made the videos out of curiosity and that it was for his private collection. He also admitted to looking at the live stream of the recording when he stopped at traffic signals.
Infographic: Lyft's Upcoming IPO Valuation Versus Other Tech Companies
This chart show IPO valuations of selected tech companies.
Lyft Kicks Off IPO Roadshow By Setting Valuation At Up To $23 Billion
The ride-hailing company's stock could initially trade for as much as $68 per share.
Uber IPO Set For April, Lyft Could Launch In Late March
Uber's IPO -- the largest in history -- could generate $120 billion and it happens in April.
Lyft Appoints New Head Of Diversity And Inclusion With A Holistic Outlook
Lyft has appointed Monica Poindexter as its head of diversity and inclusion.
Kendall Jenner, Ben Simmons Go Vacuum Cleaner Shopping Before Romantic Dinner
Kendall Jenner and Ben Simmons were spotted having dinner at Grand Lux in Cherry Hill Mall.