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.
June 30, 2020Uber News Updates
Uber Reportedly in Talks to Buy Delivery Rival Postmates
Uber to Sell Software, Starting With Four-Van Transit Service
Uber Technologies Inc. is getting into software. The company is making the technology that powers its ride-hailing business available to others, starting with public transit agencies.
June 17, 2020Uber Cuts 3,000 More Jobs, Closes Offices Amid Pandemic Revamp
Uber Technologies Inc. eliminated an additional 3,000 jobs May 18, is closing dozens of offices worldwide and is shutting down many side projects in an effort to weather the coronavirus pandemic that has devastated the ride-hailing business.
May 18, 2020Uber鈥檚 Bid to Acquire Grubhub Draws Rebukes
Uber Technologies Inc.鈥檚 offer to buy Grubhub Inc. antagonized officials in Washington and major U.S. cities, who already were taking steps to limit the fees companies charge restaurants and regulate their treatment of workers. If a deal between the companies proceeds, analysts said it is likely to face antitrust scrutiny.
May 13, 2020Uber to Reduce Workforce by 14%, Signals Further Cuts
Uber Technologies Inc. will eliminate 3,700 jobs and permanently close 180 driver service centers, the first in a series of cost-cutting measures to be announced in the next two weeks as a response to the coronavirus pandemic.
May 6, 2020Uber Eats Drops Service in Seven Countries
Uber Technologies Inc. took steps to stem losses in its international businesses May 4 as the company rushes to adapt to the new realities of the coronavirus pandemic.
May 4, 2020Uber Withdraws Forecast, Will Write Down About $2 Billion
Uber Technologies Inc. withdrew its financial guidance for 2020 and said it will write down about $2 billion in investments after the coronavirus pandemic upended the ride-hailing business.
April 17, 2020Uber Resumes Testing Self-Driving Cars in San Francisco
Uber has resumed testing of robot cars in San Francisco, two years after one caused a fatal accident in Arizona.
March 11, 2020Uber Gets OK to Restart Autonomous Car Testing in California
Uber has been granted permission from California regulators to test self-driving cars on state roads, the ride-sharing company announced Feb. 5.
February 6, 2020Uber Tests Letting Some California Drivers Set Their Own Fares
The feature is being tested across some airport routes 鈥渢o preserve flexible work鈥 for California drivers, a spokesman said.
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