#uber

6:33pm, 9th May, 2019

Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh

Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by rival Lyft Inc.

Uber drivers go on strike in London and U.S. ahead of IPO, early protests sparse

8:25pm, 8th May, 2019

UK

Uber drivers go on strike in London and U.S. ahead of IPO, early protests sparse

Uber drivers in London and major U.S. cities held a series of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut.

Eyeing IPO riches, Uber drivers go on strike in U.K. and U.S.

11:06am, 8th May, 2019

UK

Eyeing IPO riches, Uber drivers go on strike in U.K. and U.S.

Uber drivers in London and New York started a day of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut.

As IPO looms, Uber clings to hard-knuckled tactics in pursuit of growth

5:34am, 7th May, 2019

Business

As IPO looms, Uber clings to hard-knuckled tactics in pursuit of growth

Uber co-founder and former CEO Travis Kalanick used to tell investors he liked to keep his company teetering between order and chaos.

Uber to kick off investor roadshow with IPO terms on Friday

5:12pm, 25th April, 2019

Business

Uber to kick off investor roadshow with IPO terms on Friday

Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter.

Uber nears investment deal for self-driving car unit: WSJ

2:05pm, 17th April, 2019

Business

Uber nears investment deal for self-driving car unit: WSJ

Uber Technologies Inc is nearing a deal with a group, including SoftBank Group Corp, to invest in its self-driving car unit to be valued at $7.25 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Uber adds one pound on journeys in London's congestion charge zone

5:53am, 5th April, 2019

UK

Uber adds one pound on journeys in London's congestion charge zone

Uber will add an additional pound to the cost of journeys in central London from next week after the city's transport authority said private hire taxi operators will no longer be exempt from the congestion charge.

Murdered South Carolina student may have thought car was her Uber ride: police

10:58am, 31st March, 2019

US

Murdered South Carolina student may have thought car was her Uber ride: police

A South Carolina man has been charged in the murder of a University of South Carolina student who may have gotten into her killer's car mistakenly believing that it was her Uber ride, police said.

Uber not criminally liable in 2018 fatal self-driving crash: prosecutors

5:49pm, 5th March, 2019

US

Uber not criminally liable in 2018 fatal self-driving crash: prosecutors

Arizona prosecutors said on Tuesday that Uber Technologies Inc is not criminally liable in a March 2018 crash in which one of the company's self-driving cars struck and killed a pedestrian in Tempe.

German transport minister wants to welcome Uber, others by 2021

6:13am, 17th November, 2018

Business

German transport minister wants to welcome Uber, others by 2021

Transport Minister Andreas Scheuer wants to open the German market to car pooling services offered by Uber and other companies by 2021, Focus magazine reported Saturday.

Uber defends its business model over UK worker rights

8:18am, 30th October, 2018

UK

Uber defends its business model over UK worker rights

Uber defended its business model at the Court of Appeal on Tuesday in the latest stage of a long-running battle over the classification of its drivers as self-employed, a designation that entitles them to few workplace rights in Britain.

Uber goes to court to defend business model over UK worker rights

8:21pm, 29th October, 2018

UK

Uber goes to court to defend business model over UK worker rights

Uber [UBER.UL] heads to a British court on Tuesday to defend its business model of treating drivers as self-employed, entitling them to few rights in law, in the latest stage of a long-running battle at the taxi app.

Uber's strongest growth comes in depressed Argentina -- minus commissions

9:41am, 24th September, 2018

Business

Uber's strongest growth comes in depressed Argentina -- minus commissions

Uber's fastest-growing market in the world is now Argentina, company executives say, attributing the expansion to the nation's sudden economic unraveling, which has boosted unemployment and sliced the purchasing power of Argentines.

Brazil Uber driver accused of kicking out blind woman

5:46pm, 3rd September, 2018

Business

Brazil Uber driver accused of kicking out blind woman

A blind woman said an Uber [UBER.UL] driver abruptly left her on the side of a Rio de Janeiro street last week after loudly berating her over her request that he turn down the car's air conditioning, the latest safety incident involving the ride...

City Council aims to make New York first U.S. city to cap Uber, others

7:43pm, 27th July, 2018

Business

City Council aims to make New York first U.S. city to cap Uber, others

New York City is moving toward becoming the first major U.S. municipality to cap ride-sharing services, sparking a tsunami of protest on Friday from Uber [UBER.UL] and others, which warned that those living in far-flung neighborhoods will suffer most...

London taxi drivers plot to sue Uber for over 1 billion pounds - Sky News

6:48am, 24th July, 2018

UK

London taxi drivers plot to sue Uber for over 1 billion pounds - Sky News

London taxi drivers are drawing up a plan to sue mobile app Uber for over 1 billion pounds, Sky News reported on Tuesday citing unidentified sources, weeks after it was granted a temporary licence to operate in Britain's capital.

Uber says it has invested $500 million in Mexico since 2013

12:16am, 18th July, 2018

Business

Uber says it has invested $500 million in Mexico since 2013

Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country's importance to the ride-hailing firm as it faces new competition.

Uber executive Hornsey resigns in email to staff following discrimination probe

11:15pm, 10th July, 2018

Business

Uber executive Hornsey resigns in email to staff following discrimination probe

Uber Technologies Inc's Chief People Officer Liane Hornsey resigned in an email to staff on Tuesday, following an investigation into how she handled allegations of racial discrimination at the ride-hailing firm.

Denver police arrest Uber driver after passenger is shot dead

9:00am, 2nd June, 2018

US

Denver police arrest Uber driver after passenger is shot dead

DENVER (Reuters) - A driver with the ride-sharing service Uber was arrested on Friday for suspicion of first-degree murder after Denver police said he fatally shot a passenger in his vehicle.

Uber disabled emergency braking in self-driving car: U.S. agency

1:45pm, 24th May, 2018

US

Uber disabled emergency braking in self-driving car: U.S. agency

WASHINGTON (Reuters) - Uber disabled an emergency braking system in a self-driving vehicle that struck and killed a woman in Arizona in March and which failed to properly identify the pedestrian, raising serious questions about its performance, the N...