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uber
Business, Technology, Equipment, Safety, Autonomous

Uber Revives Self-Driving Taxi Dreams, Plans to Start This Year

Motional, Uber

Uber Technologies Inc. inked a deal with Motional Inc. to offer driverless deliveries and rides, rekindling its vision of a self-driving taxi fleet nearly two years after it sold its autonomous vehicle division.

Jackie Davalos | Bloomberg News
October 6, 2022
Business, Technology, Autonomous

Uber Soars After Beating Estimates as Ridership Defies Inflation

Uber Technologies Inc. reported revenue that beat analysts’ estimates, boosted by resilient demand from customers who continued to hail rides and order takeout food despite rising inflation. Shares jumped about 14% in early trading.

Jackie Davalos | Bloomberg News
August 2, 2022
Business

Uber Sidesteps Lyft’s Debacle With Optimism Over Riders, Profit

Uber Technologies Inc. delivered a positive outlook for earnings in the current period, signaling the company plans to capitalize on robust ride demand without compromising profits by focusing on product changes, rather than incentives, to address the driver shortage.

Jackie Davalos | Bloomberg News
May 4, 2022
Business, Technology, Autonomous

Yandex Buys Uber Out of Food-Delivery, Self-Driving Venture

Yandex NV is buying out Uber Technologies Inc.’s shares in its food tech, delivery and self-driving businesses in an all-cash deal valued at $1 billion.

Jake Rudnitsky | Bloomberg News
August 31, 2021
Business, Technology

Uber Taps SoftBank-Backed GoPuff to Expand Grocery Delivery

Uber Technologies Inc. will vastly expand grocery delivery in the U.S. this summer through a partnership with GoPuff, a fast-growing delivery startup and the owner of the liquor store chain BevMo!, the companies plan to announce May 4.

Lizette Chapman | Bloomberg News
May 4, 2021
Business, Technology, Safety

Ryder, Uber Achieve Service Milestone

Ryder System Inc., which offers supply chain, dedicated transportation and commercial fleet management services, announced its 100,000th ride using Uber for Business to access transportation for drivers and technicians to and from both Ryder and customer locations.

June 19, 2020
Business, Technology, Logistics

Uber-Grubhub Deal Hinges on Breakup Fee, Sources Say

Uber Technologies Inc. and Grubhub Inc. are haggling over a breakup fee after nearing an agreement on a merger price, according to people familiar with the matter.

Bloomberg News
May 29, 2020
Government, Business, Technology

Uber Fails to Block California Gig-Worker Law for Its Drivers

Uber Technologies Inc. failed to persuade a judge to shield its drivers from California’s gig-worker protection law while the company challenges the landmark measure in court.

Joel Rosenblatt and Josh Eidelson | Bloomberg News
February 10, 2020
Government, Business

Uber Urges California Court to End AB 5

Uber Technologies Inc. wants to smother what the company calls California’s “Frankenstein” gig-worker protection law before state officials turn it loose.

Joel Rosenblatt and Josh Eidelson | Bloomberg News
February 7, 2020
Business, Technology, Autonomous

Uber’s Travis Kalanick to Leave Board to Focus on New Business

Uber Technologies Inc.’s former Chief Executive Officer Travis Kalanick is stepping down from the board, severing his last ties to the company he co-founded a decade ago and helped become one of the world’s most valuable, and controversial, startups.

Lizette Chapman | Bloomberg News
December 27, 2019

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