Uber Technologies Inc. plans to buy a majority stake in online grocer Cornershop, a deal designed to both extend its geographic reach and bolster profits by bundling food delivery with rides.
October 11, 2019Uber News Updates
Uber to Acquire Chilean Grocery Startup That Walmart Failed to Buy
Uber to Cut 300 Jobs in Bay Area
Uber Technologies has chopped 300 jobs in the Bay Area, including hundreds in San Francisco and dozens in Palo Alto, a state government filing shows.
September 27, 2019Ex-Uber Engineer Anthony Levandowski Publicly Rebuts Theft Claims
Former Uber Technologies Inc. engineer Anthony Levandowski broke his long silence about allegations that he stole driverless vehicle technology from Alphabet Inc.ās Waymo unit to say that he didnāt do it.
September 25, 2019Chinaās āUber-for-Trucksā Breaks Even En Route to IPO
Chinaās Uber-for-trucks startup Full Truck Alliance said itās weighing an initial public offering after breaking even from May, defying a sectorwide downturn.
September 13, 2019Uber Braces for Fight Over Big Change to Gig-Economy Work Rules
Uber Technologies Inc. has generated billions of dollars from the labor of its drivers without the expense of treating them as employees. California is poised to disrupt that business model, and the ride-hailing behemoth is gearing up for a legal fight.
September 11, 2019Brazil Court Rules That Uber Drivers Are Independent Workers
Brazilās Superior Court ruled that drivers who provide services through the Uber Technologies Inc. app are independent from the ridehailing firm, a decision that may benefit the company by setting a precedent for similar cases in the country.
September 4, 2019Uber CEO: It āSure Looked Likeā Levandowski Took Googleās Files
Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi said Aug. 29 that āit sure looked likeā former executive Anthony Levandowski took information on self-driving cars from his former employer, Google.
August 29, 2019Uber Posts $5.2 Billion Loss in Q2
Uber Technologies Inc. declared its worst quarterly earnings, reporting a $5.2 billion net loss for the quarter ending June 30.
August 9, 2019Uber to Cut About 400 Employees, Citing āMediocre Resultsā
Uber Technologies Inc. said itās cutting a third of its marketing department globally, as the CEO seeks to address concerns that the business is slowing down.
July 29, 2019Uber Tries to Steer Its Vision of Flying Cars Through Regulators
Uber Technologies Inc. is bringing its vision of a Jetsonsā-like future of battery-powered flying vehicles for the masses to Washington, where it will have to persuade regulators to approve this new model for how aviation works. The company opened its two-day Uber Elevate Summit 2019 on June 11.
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