Uber’s stock drove off a ditch, sinking 9% on Thursday after the ride-hailing giant published its third-quarter earnings report.
Despite the steep competition and roadblocks, the company has high hopes for expanding its self-driving services.
American Transit Insurance Company (ATIC) insures over 60% of 117,000 taxis and for-hire vehicles. And it’s insolvent.
Uber announced it’s investing in Wayve, a UK-based startup that’s building self-driving software for cars.
Uber returned to profitability in the second quarter, bucking macroeconomic trends and proving it can diversify its revenue streams.
Uber announced a new partnership with BYD to get 100,000 of its drivers into the company’s electric vehicles.
Uber wants to know how you feel before you even get into your ride.
A $721 million loss from equity investments in other companies pulled the entire company down to an overall loss of $654 million.
Starting this summer, DoorDash will contribute to savings accounts for its delivery couriers in Pennsylvania.
Uber, finally having achieved sustainable levels of market dominance, may just be facing its biggest roadblocks yet.
The company saw rejuvenated growth due to the success of its promotions and new partnership with Uber Eats.
Thousands of gig-economy workers plan to walk out on Wednesday in a bid for higher wages.
The business was acquired in 2021 for $1.1 billion, but times have changed since the pandemic’s heyday for delivery.
2023 saw AI live rent-free in all of our heads, plus in an unexpected twist Mark Zuckerberg became the adult in the room.
Its patent application for a “location-spoofing detection” system could add to its safety features for riders.
Neslte is investing $100 million into Wonder Group, Marc Lore’s food-truck-turned-regular food delivery startup.
Japan’s strict taxi rules have historically made it impossible for ride-hailing companies like Uber to crack the Land of the Rising Sun.
The EU is poised to pass legislation that would classify Uber drivers as employees, rather than contracted workers.
Uber wants to test the limits of its self-driving fleet.