Uber Stories
Ex-Google engineer charged with theft of autonomous car secrets
Anthony Levandowski was an engineer on the Google car project, which became Waymo, and later worked on Uber's autonomous car efforts
Lyft’s IPO Outperforms Uber’s In A Crucial Way
The twin ride-hailing unicorns debuted this year, but one is faring much better.
Uber Set To Open Regional Hub In Dallas After Receiving $24 Million Incentive Package
Uber is set to open up a regional hub in Dallas, which is expected to create 3,000 jobs in the city.
Uber Stock Hits New All-Time Low Due To Investor Concerns About Profitability
Uber stock continues to slide after the company reported a $5.2 billion loss last week.
Uber Stock Drops 12% After Disappointing Q2 Earnings Report
Uber disappoints again, as its Q2 earning report is a litany of losses.
Uber Growth Hits A Speed Zone
The world's largest ridesharing service delivers decelerating growth in its second quarterly report as a public company.
What's Good For Lyft Is Good For Uber
The second-largest ride-hailing specialist beats Wall Street targets in its latest quarter, and that's good news for the top dog.
Uber Layoffs 2019: 400 Lose Jobs Worldwide Over Cost Cutting Efforts
Heads rolled in a major restructuring at the marketing unit of Uber Technologies Inc.
SoftBank Launches $108 Billion Fund For A.I., Apple And Microsoft Expected To Participate
Japan’s SoftBank has announced the second edition of its mega Vision Fund focused on investment into artificial intelligence-related technologies. The fund will be joined by many partners and is expected to have a corpus of 108 billion.
Where Will Lyft Be In 1 Year?
The country's second-largest ride-hailing specialist is losing a lot of money, but it's also growing too quickly to ignore. Let's see where it might be come 2020.
Uber Growth 2019: Uber Freight Expands In Europe, Begins Operations In Germany
Uber Freight is launching in Germany after beginning in the Netherlands.
Uber, Lyft Paid Drivers $25 To Protest Bill That Would Benefit Them
Ride-hailing companies Uber and Lyft have reportedly mobilized their drivers on a paid basis to protest against a bill that offered them employee benefits. The protest will be in the Capitol of California on Tuesday ahead of a Senate hearing of the bill.
WeWork Raising Billions In Debt Ahead Of Its IPO: Can Coworking Company Outperform Uber, Lyft?
WeWork is hoping to raise $4 billion in debt ahead of its stock market launch.
Elon Musk Warns Tesla Prices Will ‘Rise Significantly’
Tesla CEO Elon Musk has cautioned that prices of Tesla electric cars will rise significantly and potential buyers have only limited time left to grab a Tesla car at the current prices.
Good News For Uber And Grubhub
Usage of food delivery apps is set to soar in the years ahead.
Why Uber Eats Won't Save Uber
Growth in food delivery isn't a substitute for an effective ridesharing business.
Uber, Lyft Could Fleece Consumers To Satisfy Wall Street's Thirst For Profits
The ridesharing companies will have to hike fares to arrest slowing growth and mounting losses.
Tech Sector Is Seeing A Bubble And It’s Ready To Burst: Carlos Dominguez
The tech sector is in for a negative surprise as Wall Street gives a cold reception to IPOs from some of the much-awaited big-brand names, Carlos Dominguez from Element Pointe Advisors told International Business Times.
China-Made Tesla Model 3 Parts To Pay Tariffs, US Won’t Waive Taxes
In a setback to Tesla, the U.S Trade Representative’s office rejected the American electric vehicles maker’s request seeking a waiver of higher tariffs on China-made center screen and car computer for Tesla Model 3.
Uber Could Soon Deliver Big Macs By Drone, Starting In San Diego
Uber could soon deliver your favorite restaurant food by drone, with the program starting in San Diego this summer.
Uber COO, CMO Leave Company After Failed IPO, Stock Plunge
Uber's disappointing IPO has had consequences for some in the company's top mnagement.
Lyft's IPO Has A Longer Road Back Than Uber
The country's second largest ridesharing service has seen its stock soar 34% since bottoming out last month, but mending the broken IPO is still a work in process.
Lili Reinhart Warns Fans After Scary Encounter With Fake Uber Driver
The Riverdale star has tweeted out to fans to make smart decisions and put safety before politeness first.
Uber Stock Up On Q1 Earnings Report Despite $1B Loss
Uber continues to struggle with its ride-hailing business but the same can't be said for Uber Eats.
Amazon's Jeff Bezos 'Very Excited' With Electric Cars As Rivian Investment Grows
Amazon it boosting its investments in electric vehicles to boost Amazon deliveries.
Pinterest Stock Plunges 15% As Q1 Losses Three-Times Higher Than Expected
The shares of the social network Pinterest fell 15 percent Thursday soon after its first-quarter 2019 earnings report came out. It became a public company in April.
Uber Stock Drops 11% On Second Trading Day, CEO Sends Memo On Performance
Uber's second day on Wall Street disappointed again and the pain looks likely to continue amid a massive sell-off triggered by Trump's trade war against China.
How Uber And Other Digital Platforms Could Trick Us Using Behavioral Science – Unless We Act Fast
Uber's IPO will value the company at more than $80 billion, yet the data it collects on its users may be worth even more – and creates the potential for dangerous manipulation.
Uber Moves Backward In Its IPO
Shares of the ridesharing juggernaut moved lower following its debut. Now the focus turns to the company's business prospects.
Jeff Bezos Net Worth: Uber IPO To Add $400M More To Richest Man
Jeff Bezos, Amazon CEO and the richest man in the world, will be richer by another $400 million from the ride-hailing app Uber’s IPO.