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Uber
Business, Technology

Uber Proposes 6% Pay Cut for NYC Drivers

Uber car

The company wants the city’s Taxi and Limousine Commission, which sets minimum driver pay, to reduce the per-mile rate in its driver pay formula by 6.1% to $1.277 from the current $1.360.

Natalie Lung | Bloomberg News
November 4, 2024
Business, Technology, Logistics

Uber Shares Slump on Muted Bookings in US Rides Business

Uber HQ

Uber Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit. 

Natalie Lung | Bloomberg News
October 31, 2024
Government, Business, Technology, Safety, Autonomous

CEO Says Uber Will Prioritize Autonomous Safety

Dara Khosrowshahi

Uber Technologies Inc. is prioritizing safety over profits as it develops its autonomous driving fleet, says CEO Dara Khosrowshahi.

Natalie Lung and Akshat Rathi | Bloomberg News
October 10, 2024
Business, Technology, Autonomous

Uber to Launch Driverless Rides With Waymo in Austin, Atlanta

Waymo vehicle

Uber Technologies will be the sole supplier of driverless rides on Alphabet’s Waymo cars in Austin and Atlanta, a boost to the rideshare app’s ambitions in the autonomous vehicle arena.

Natalie Lung | Bloomberg News
September 13, 2024
Business, Technology, Autonomous

Uber Invests in Self-Driving Software Firm Wayve

Uber HQ

Uber Technologies is making a strategic investment in U.K.-based autonomous driving software provider Wayve Technologies.

Natalie Lung | Bloomberg News
August 29, 2024
Business, Technology, Fuel

Uber Hires Ex-Tesla Charger Executive to Oversee EV Shift

Uber headquarters in San Francisco

Uber Technologies hired former Tesla Inc. executive Rebecca Tinucci to oversee the ride-hailing platform’s shift to electric vehicles.

Natalie Lung and Craig Trudell | Bloomberg News
August 20, 2024
Business, Technology, Logistics, Autonomous

Uber Beats Expectations as Rideshare Demand Remains Strong

Uber ride

Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.

Natalie Lung | Bloomberg News
August 6, 2024
Business, Technology

Uber Partners With BYD on Putting Drivers Into 100,000 EVs

Uber and BYD

Uber will team up with BYD to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the U.S.

Natalie Lung and Gabrielle Coppola | Bloomberg News
July 31, 2024
Government, Business, Technology

EV Taxi Startup Revel to Lay Off Drivers for Gig Model

Revel charging

Revel Transit, the New York-based electric vehicle ride-hailing startup, plans to lay off its driver employees and operate a gig-work model more akin to rivals Uber and Lyft.

Natalie Lung | Bloomberg News
June 6, 2024
Business, Technology, Logistics

Uber to Launch Shuttle Buses at Airports, Concert Venues

Uber shuttle

Uber Technologies is launching shuttle bus services to and from airports, concert venues and sports stadiums, bringing a lower-cost service already available overseas to the U.S.

Natalie Lung | Bloomberg News
May 15, 2024

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