Uber Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit.聽
October 31, 2024Latest News Updates From Natalie Lung
Uber Shares Slump on Muted Bookings in US Rides Business
Uber to Launch Driverless Rides With Waymo in Austin, Atlanta
Uber Technologies will be the sole supplier of driverless rides on Alphabet鈥檚 Waymo cars in Austin and Atlanta, a boost to the rideshare app鈥檚 ambitions in the autonomous vehicle arena.
September 13, 2024Uber Invests in Self-Driving Software Firm Wayve
Uber Technologies is making a strategic investment in U.K.-based autonomous driving software provider Wayve Technologies.
August 29, 2024Uber Beats Expectations as Rideshare Demand Remains Strong
Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.
August 6, 2024EV Taxi Startup Revel to Lay Off Drivers for Gig Model
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.
June 6, 2024Uber to Launch Shuttle Buses at Airports, Concert Venues
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.
May 15, 2024Uber Partners With Revel to Expand Charging Network
Uber struck a partnership with EV ride-hailing startup Revel Transit to make charging stations in New York more accessible as it inches toward making all trips zero-emission by 2030.
March 6, 2024Uber Delivers Mixed Report as Profit Grows, Revenue Slows
Uber Technologies gave a mixed picture of its business, showing a second consecutive profitable quarter and an increase in demand for rides and delivery but also slowing revenue growth.
November 7, 2023Common Consumer Goods May Be Target of Retaliatory Tariffs
President Donald Trump鈥檚 latest threat to raise tariffs on Chinese goods puts vital intermediate equipment and everyday consumer goods used by millions of Americans back into the cross-hairs.
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