Priya Anand

Business, Technology

Uber Sells Flying Taxi Division to Joby in Broader Retrenchment

A model of Joby's air taxi eVTOL is seen in a press photo. (Joby Aviation via Bloomberg News) A model of Joby's air taxi EVTOL is seen in a press photo. (Joby Aviation via Bloomberg News)

Uber Technologies Inc. is selling off its flying taxi division to Joby Aviation and investing in the startup, marking the second time this week Uber abandoned a side project as it aims to turn a quarterly profit next year.

Priya Anand | Bloomberg News
December 9, 2020
Business, Technology, Logistics

Uber Reportedly in Talks to Buy Delivery Rival Postmates

A Postmates delivery person stands outside a Shake Shack restaurant in Washington on April 20. A Postmates delivery person stands outside a Shake Shack restaurant in Washington on April 20. (Andrew Harrer/Bloomberg News)

Uber Technologies Inc. is in talks to purchase Postmates Inc., said a person familiar with the discussions, seeking to expand food delivery services in the U.S. and capitalize on a surge in orders during the coronavirus pandemic.

Priya Anand | Bloomberg News
June 30, 2020