Uber has been making headlines recently due to a variety of reasons. The company's CEO, Dara Khosrowshahi, acknowledged a decline in user frequency, while also announcing a significant investment in expanding Tesla's charger network. Additionally, Uber has faced legal challenges, with London black cab drivers suing the company over its license acquisition. The company has also been in the spotlight for issues related to driver earnings and operational changes, such as the decision to halt operations in Minneapolis due to a new city ordinance increasing wages for app-based drivers.
Uber Technologies, Inc., commonly known as Uber, is a multinational ride-hailing company based in San Francisco, California. Founded in 2009 by Garrett Camp and Travis Kalanick, Uber has expanded its services to include food delivery (Uber Eats), package delivery, freight transportation, and electric bicycle and scooter rentals through partnerships. The company operates in numerous countries and cities worldwide, providing convenient transportation options through its mobile app. Despite its widespread popularity, Uber has faced regulatory challenges, legal disputes, and controversies related to labor practices and competition in the gig economy.
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The initiatives were unveiled at Uber’s GO-GET annual event for new products and are meant to maintain growth at the ride-share and delivery giant after a strong 2023.
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Firings on charger team are latest complication for EV maker
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Advertising revenue in its networks segment, which includes CNN and the Discovery Channel, fell 11% in the first quarter.
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Reddit shares soared as much as 14% on Wednesday after the social media firm posted unexpectedly strong revenue growth and improving profitability in the first earnings report since its market debu…
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The partnership comes amid heightened competition for food and grocery delivery, with giants like Amazon, Walmart, Target and DoorDash jockeying for market share.
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Thousands of people who drive London's iconic black cabs are part of the lawsuit which accuses Uber of improperly getting its licence, per Bloomberg.
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A Cleveland Uber driver who took home $17,000 in 2023 shares the top earnings strategies he's tried, and why he's considering quitting ride-hailing.
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Florida scammers tricked a woman into believing she won a $3 million sweepstakes, then stole $400,000 from her bank account, authorities said.
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We've almost all left something in an Uber, like a jacket or pair of sunglasses. In 2023, there were also some stranger items forgotten by passengers.
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Minneapolis City Council has been pushing to increase wages for rideshare drivers to $15.57 per hour — the equivalent of the local minimum wage.
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It is the fifth-largest class action settlement in Australia's history.
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Lyft and Uber have said they will halt operations in Minneapolis because of a new city ordinance that increases wages for app-based drivers
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Wendy's plans to test dynamic pricing, causing public backlash and confusion
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Wendy's is set to test surge pricing and AI-enabled menu changes starting in 2025.
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A Wisconsin Uber driver says he needs to work inconvenient hours to make money: "If you don't want to drive, that's probably when you should be driving."
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Gig workers on various platforms are experiencing declining earnings, with Uber Eats drivers seeing the biggest drop.
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A typo in Lyft's earnings report led to a surge of over 60% in the company's stock price, which was later corrected.
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Ride-hailing drivers in at least 10 US cities plan to refuse rides to and from airports between 11am and 1pm on Valentine's Day.
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Uber Eats faced backlash and edited its Super Bowl ad after being accused of making light of peanut allergies.
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Uber confirms the shutdown of Drizly at the end of March, three years after acquiring the platform for $1.1 billion.