Uber Stories
Japanese Giant SoftBank Group Suffered An Operating Loss Of $6.4 Billion In The Second Quarter, It Said Wednesday, As Investments In Start-ups Such As WeWork And Uber Took A Massive Hit.
SoftBank suffered hefty losses from its investments in start-ups such as WeWork and Uber
SoftBank Group Profit Plunges Owing To WeWork Turmoil
SoftBank suffered hefty losses from its investments in start-ups such as WeWork and Uber
Software Behind Self-driving Uber Crash Didn't Recognize Jaywalkers
An image from dashcam footage released by the Tempe Police Department shows the moment before the collision of an Uber self-driving vehicle and a pedestrian on March 18, 2018
Uber Shares Skid As Losses Widen
Uber CEO Dara Khosrowshahi says that despite wider losses, the company's core rideshare business is moving toward profitability
Uber Stock Drops As Quarterly Loss Hits $1.2B, Will Be Profitable By 2021
Uber will keep losing money over the next two years but boldly predicts profitability by 2021.
Can Uber Money Compete With Apple Pay?
Uber wants to expand beyond ridesharing into mobile payments with Uber Money. Investors will be eager to see whether it can match Apple Pay's success.
Startup To Launch Flying Taxis In New York By 2025, Will Beat NYC Traffic
Forget Uber, Lyft, or even Tesla's robotaxis, flying taxis can get passengers to where they want to be at a fraction of the time. Lilium, a Munich-based startup, plans to introduce its fleet of air taxis in New York by 2025.
Uber News: Freight Service Expands Into Canada, A $68 Billion Industry
Uber Freight has began its operations in Canada, after previous expansions to Germany, Poland and the Netherlands.
Uber News: Ridesharing Company Announces Uber Money Team Focusing On New Financial Services
Uber plans to launch a variety of new initiatives for Uber drivers and passengers, including a debit and credit card.
Prescriptions By Drone? UPS And CVS Team Up For Home Medication Delivery
UPS continues to develop drone solutions for healthcare and prescription drug companies.
Uber Turns To India, Africa And Middle East As Losses Mount
Uber chief product officer Manik Gupta said the company was doubling its technology team in India
Uber's Shopping Spree Continues
The ridesharing giant is quickly spending the money it raised in its IPO, but profits are nowhere in sight.
Uber Layoffs: 350 Let Go Across Several Divisions
Uber announced that about 350 workers would be laid off in an email to employees.
Uber Takes Stake In Online Grocery Group Cornershop
Uber said it would take a majority stake in Cornershop, a grocery delivery company with operations in Latin America and Canada
NASA, Uber Working Together To Develop Systems For Flying Cars
NASA and ridesharing firm Uber have teamed up to study and analyze the technology and logistics involved in launching a traffic network for flying cars. The collaboration is part of NASA’s Urban Air Mobility (UAM) project.
Uber's Growth Could Take A Hit Thanks To This Negative Report
Jalopnik claims that Uber is employing tactics to make more money from drivers.
Drones For UPS? Shipping Company Gets FAA Approval, Gains Advantage Over Amazon, Google
UPS has a distinct advantage over competitors after being granted permission by the FAA to operate a drone airline on Tuesday.
Revamped Uber App Adds Transit Options, Passenger Safety Features
Uber said its new mobile app will give people a variety of transport options and services, with improved safety features
Uber Passenger Strips, Touches Himself Next To Driver, Act Caught On Camera
The passenger "started changing in the back seat. Then he ended up undressing himself. He climbed to the front passenger seat. He basically started touching himself."
New Law Says Independent Contractors Are Employees: What It Means For Business
Under the new law, California workers could generally be considered independent contractors only if the work they do is outside the usual course of a company’s business.
California Governor Signs Law Making Gig Workers Employees
As California debated legislation on rules for rideshare drivers, activists in New York rallied on Septmebr 10 for wage enforcement and a drivers' bill of rights
Lyft Facing Lawsuit For Alleged 2017 New Jersey Sexual Assault
The victim allegedly was held at gunpoint by the Lyft driver and taken to New Jersey where she was raped by two men.
How Uber’s RideCheck Feature Gives You A Worry Free Ride
Uber introduces the RideCheck that gives passengers an assurance of a safe journey.
Blame Game As Wheels Come Off India's Auto Sector
When India's Finance Minister Nirmala Sitharaman claimed that a preference by millennials for ride-hailing apps was contributing to a painful slump in car sales, it sparked an online backlash from furious youngsters.They started a campaign using ironic hashtags such as #BoycottMillennials and #SayItLikeNirmalaTai last week to push back against older generations blaming them for today's problems in society.
Uber Has Raised Nearly $10 Billion In Four Months. It Needs More
The ridesharing leader is borrowing $750 million to help fund its purchase of Careem.
California law on rideshare drivers may hurt 'gig economy'
Rideshare drivers and supporters in New York rallied for wage enforcement and a drivers' bill of rights, as California lawmakers passed a bill requiring firms to treat drivers as employees
The End Of The Gig Economy? California Labor Bill Could Drastically Affect Uber, Lyft
The AB5 bill could force app-based companies such as Uber, Lyft and Doordash to provide more support for their workers, such as health insurance and paid time off.
Gig economy challenged as California lawmakers approve landmark bill
Both Uber and Lyft have warned laws like California's will affect their businesses, despite increasing criticism
Uber trims more staff as it seeks a route to profit
Uber, which has moved into electric bikes, trucking, and scooters,ÃÂ envisions becoming the "Amazon of transportation" in a future where people share instead of own vehicles
Uber Layoffs 2019: What Jobs Are Being Lost In This Latest Round?
Uber continues to lay off employees amid concerns over the ridesharing giant's long-term profitability.


