uber News Updates

BusinessTechnologyAutonomous

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.

August 31, 2021
BusinessTechnology

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.

May 4, 2021
BusinessTechnologySafety

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
BusinessTechnologyLogistics

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.

May 29, 2020
GovernmentBusinessTechnology

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.

February 10, 2020
GovernmentBusiness

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.

February 7, 2020
BusinessTechnologyAutonomous

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.

December 27, 2019
BusinessTechnologySafetyAutonomous

Self-Driving Uber in Crash Wasn’t Designed to See Jaywalkers

Uber Technologies Inc.’s self-driving test car that struck and killed a pedestrian last year wasn’t programmed to recognize and react to jaywalkers, according to documents released by U.S. safety investigators.

November 6, 2019
BusinessTechnology

Uber Aims for $84 Billion Valuation in Year’s Largest IPO

Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the No. 1 ride-hailing company a market valuation of as much as $84 billion.

April 26, 2019
BusinessTechnologyEquipmentSafetyAutonomous

Waymo, Uber Driverless Projects Make Scanning Sensors Cheaper

Google’s Waymo, Uber and carmakers GM and Mercedes-Benz are among the companies working to put driverless vehicles in showrooms. That competition also should help lower prices that can reach $75,000 apiece for the sensors that scan a car’s surrounding environment so it knows how to drive itself.

September 5, 2018