Uber News Updates

BusinessTechnology

Juno, Once Billed as the 鈥楢nti-Uber,鈥 Shuts Down in New York

Ride-booking startup Juno once billed itself as the 鈥渁nti-Uber鈥濃 a kinder, gentler way to get a ride. It鈥檚 now closing down its New York-based operations, and inviting customers to join Lyft Inc.

November 18, 2019
GovernmentBusiness

New Jersey Seeks $640M From Uber for Misclassifying Workers

TRENTON, N.J. 鈥 New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-booking company misclassified its drivers as independent contractors.

November 14, 2019
BusinessTechnology

Lyft Forecasts Profit by End of 2021, Sending Shares Surging

Ride-hailing company Lyft Inc. is expected to turn a profit by the end of 2021, a year earlier than analysts had expected, company executives said.

October 22, 2019
BusinessTechnology

Uber to Acquire Chilean Grocery Startup That Walmart Failed to Buy

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, 2019
BusinessTechnologyAutonomousTCA

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, 2019
GovernmentBusinessTechnology

Ex-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.鈥檚 Waymo unit to say that he didn鈥檛 do it.

September 25, 2019
BusinessTechnologyAutonomous

China鈥檚 鈥楿ber-for-Trucks鈥 Breaks Even En Route to IPO

China鈥檚 Uber-for-trucks startup Full Truck Alliance said it鈥檚 weighing an initial public offering after breaking even from May, defying a sectorwide downturn.

September 13, 2019
GovernmentBusiness

Uber 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, 2019
GovernmentBusiness

Brazil Court Rules That Uber Drivers Are Independent Workers

Brazil鈥檚 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, 2019
GovernmentBusinessTechnologyEquipmentAutonomous

Uber CEO: It 鈥楽ure Looked Like鈥 Levandowski Took Google鈥檚 Files

Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi said Aug. 29 that 鈥渋t sure looked like鈥 former executive Anthony Levandowski took information on self-driving cars from his former employer, Google.

August 29, 2019