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TRENTON, N.J. — 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.

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.

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.

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.

Former Uber Technologies Inc. engineer Anthony Levandowski broke his long silence about allegations that he stole driverless vehicle technology from Alphabet Inc.’s Waymo unit to say that he didn’t do it.

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

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.

Brazil’s 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.

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

Uber Technologies Inc. declared its worst quarterly earnings, reporting a $5.2 billion net loss for the quarter ending June 30.