Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
22 May, 2026, 10.22 PM IST
Trump’s more than 3,700 trades astonish Wall Street insiderPresident Trump's latest financial disclosures reveal over 3,700 trades totaling tens of millions of dollars in the first quarter. These tr...
17 May, 2026, 09.13 AM IST
Trump wants to make H-1B workers more expensive for US employersA Trump administration proposal would significantly increase H-1B visa minimum salaries, requiring entry-level software engineers in San Fr...
08 May, 2026, 05.01 PM IST
Lyft to buy Gett’s UK taxi business, marking its third international acquisitionLyft is expanding its global reach by acquiring the UK business of London black cab app Gett. This move significantly boosts Lyft's driver ...
23 Apr, 2026, 10.46 PM IST
Uber working on TaskRabbit-like service in potential expansionThe potential new service, codenamed “Chore,” was discovered inside of Uber’s iPhone app within hidden code strings. According to the code,...
09 Sep, 2023, 03.51 PM IST
Uber launches flight ticket bookings in UKThe move is "the latest and most ambitious step" in the company's strategy to expand its core ride-booking business, Uber's UK General Mana...
10 May, 2023, 10.58 AM IST
Uber sets sights on profits in 2023 as pandemic pain easesChief Executive Officer Dara Khosrowshahi said the company was now focused on achieving profitability on a GAAP basis this year.
08 Feb, 2023, 05.40 PM IST
Uber sees gradual return of US drivers, modest decrease in wait timesUber Technologies said the week to May 17 marked a new record for drivers returning to the road since the start of 2021, with active driver...
01 Jun, 2021, 07.49 PM IST
Uber may temporarily suspend accounts of riders, drivers with coronavirusThe ride-hailing company had said on Saturday it would offer compensation to drivers and delivery people diagnosed with the coronavirus or ...
11 Mar, 2020, 12.43 PM IST
Uber said to aim for IPO valuation of as much as $90 billionUber is expected to set the terms for its IPO as soon as Friday before heading out on a road show to market the stock to potential investor...
26 Apr, 2019, 09.24 AM IST
What does Uber love more: Restaurants or investors?The company has an edge over most other players, given how well capitalized it is. If it comes down to a price war to retain eateries, driv...
23 Apr, 2019, 11.55 AM IST
Ex-Google, Tesla, Uber driverless czars partner with VW, HyundaiAurora - a startup formed by one-time executives from autonomous car projects at Google, Tesla and Uber - will develop self-driving electri...
05 Jan, 2018, 10.45 AM IST
US judge says Uber withheld evidence, delays Waymo trialThe trial had been scheduled to begin on Dec. 4. Waymo said it learned of the new evidence last week after the US Department of Justice sha...
28 Nov, 2017, 11.59 PM IST
Uber said to see financial growth, possible Waymo settlementIt was the first presentation to the privately held company’s shareholders since the resignation of Chief Executive Officer Travis Kalanick...
12 Jul, 2017, 10.04 AM IST
Uber threatens to fire engineer in the midst of driverless car court caseLevandowski, who isn't a defendant in the lawsuit brought by Waymo, has refused to testify in the case, citing his Fifth Amendment right to...
20 May, 2017, 11.27 AM IST
Uber faces significant setback in its driverless-car programmeAlsup wrote that Waymo, "has made a strong showing that Levandowski absconded with over 14,000 files" from the company when he left last ye...
16 May, 2017, 04.28 PM IST
Airbnb said to turn a profit, expects earnings this yearReaching profitability puts Airbnb on a very different footing than its fellow upstart, Uber Technologies Inc. The ride-hailing company los...
28 Jan, 2017, 10.10 AM IST