Uber

Platform News: Japan's SoftBank

SoftBank plans $41 billion of asset sales to expand buyback and cut debt

SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pumm...

Uber CEO

Uber urges White House to include gig workers in coronavirus stimulus

Uber’s CEO has called on US President Donald Trump to include independent drivers and delivery workers in the country’s planned $1 trillion coronavirus stimulus package...

Platform Industry News: Ride-sharing driver

Uber shares soar after Chief Executive says it has enough cash to ride out coronavirus crisis

Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus cr...

Waymo

Self-driving technology companies suspend testing

Self-driving technology companies, including Waymo, Cruise and Uber, have suspended autonomous car testing that involves backup drivers, joining corporate America to try and contai...

Platform Industry News: Ride-sharing driver

Uber may suspend accounts of riders, drivers who test positive for coronavirus

Uber has said it may temporarily suspend the accounts of both riders and drivers who have tested positive for the coronavirus, or been exposed to it at the direction of health auth...

Platform Industry News: Ride-sharing driver

Uber’s challenge to balance driver safety with customer privacy

Margaret Bordelon can still feel the hands of the drunk man who tried to pull her in for a kiss at the end of his Uber ride last September in Lafayette, Louisiana. 

Platform Industry News: Ride-sharing driver

French court deals blow to Uber by giving driver ’employee’ status

France’s top court has recognised the right of an Uber driver to be considered an employee, a ruling that could upend the US firm’s business model and potentially requi...

Platform Industry News: Ride-sharing driver

German court bans Uber’s ride-hailing services in Germany

FRANKFURT (Reuters) – A German court on Thursday banned Uber ride-hailing services in Germany, arguing the U.S. company lacks a necessary licence to offer passenger transport...

Platform News: Lyft ride-hailing app is part of the sharing economy

Lyft expands rental car program in San Francisco Bay Area and Los Angeles

Reuters – Lyft Inc has said that it is offering rental cars to a wider group of users across the San Francisco bay area and Los Angeles. The company first introduced a rental...

Platform Industry: CEO of the ride-sharing company Uber Technologies

US lawmaker says Uber must take action after disclosing sexual assault reports

WASHINGTON (Reuters) – The Chairman of the House Transportation and Infrastructure Committee urged Uber Technologies Inc to take action after the company disclosed on Thursda...

Tesla

Survey: consumers are divided on electric and self-driving cars

Reuters – Automakers, ride-hailing and tech companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consume...

Waymo

Waymo expands app to iPhone devices in Phoenix

Alphabet-owned ride-hailing company Waymo has now stated that its iOS app will now be available to iPhone users in the metro Phoenix area of Arizona. The move by the company, which...

Platform Industry News: Ride-sharing driver

Uber to offer courier services for retail businesses?

Dara Khosrowshahi, the Chief Executive of Uber Technologies Inc mentioned at a meeting on Wednesday that the ride hailing company could extend its existing food delivery business t...

Platform Industry News: Ride-sharing driver

Chicago approves traffic congestion tax on ride-hailing services

CHICAGO (Reuters) – A proposal to combat traffic congestion in Chicago by increasing taxes on certain ride-hailing trips won city council approval on Tuesday as the city and ...