Yandex NV is buying out Uber Technologies Inc.s shares in its food tech, delivery and self-driving businesses in an all-cash deal valued at $1 billion.
August 31, 2021uber News Updates
Uber Taps SoftBank-Backed GoPuff to Expand Grocery Delivery
Uber Technologies Inc. will vastly expand grocery delivery in the U.S. this summer through a partnership with GoPuff, a fast-growing delivery startup and the owner of the liquor store chain BevMo!, the companies plan to announce May 4.
May 4, 2021Ryder, Uber Achieve Service Milestone
Ryder System Inc., which offers supply chain, dedicated transportation and commercial fleet management services, announced its 100,000th ride using Uber for Business to access transportation for drivers and technicians to and from both Ryder and customer locations.
June 19, 2020Uber-Grubhub Deal Hinges on Breakup Fee, Sources Say
Uber Technologies Inc. and Grubhub Inc. are haggling over a breakup fee after nearing an agreement on a merger price, according to people familiar with the matter.
May 29, 2020Uber Fails to Block California Gig-Worker Law for Its Drivers
Uber Technologies Inc. failed to persuade a judge to shield its drivers from Californias gig-worker protection law while the company challenges the landmark measure in court.
February 10, 2020Uber Urges California Court to End AB 5
Uber Technologies Inc. wants to smother what the company calls Californias Frankenstein gig-worker protection law before state officials turn it loose.
February 7, 2020Ubers Travis Kalanick to Leave Board to Focus on New Business
Uber Technologies Inc.s former Chief Executive Officer Travis Kalanick is stepping down from the board, severing his last ties to the company he co-founded a decade ago and helped become one of the worlds most valuable, and controversial, startups.
December 27, 2019Self-Driving Uber in Crash Wasnt Designed to See Jaywalkers
Uber Technologies Inc.s self-driving test car that struck and killed a pedestrian last year wasnt programmed to recognize and react to jaywalkers, according to documents released by U.S. safety investigators.
November 6, 2019Uber Aims for $84 Billion Valuation in Years Largest IPO
Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the No. 1 ride-hailing company a market valuation of as much as $84 billion.
April 26, 2019Waymo, Uber Driverless Projects Make Scanning Sensors Cheaper
Googles Waymo, Uber and carmakers GM and Mercedes-Benz are among the companies working to put driverless vehicles in showrooms. That competition also should help lower prices that can reach $75,000 apiece for the sensors that scan a cars surrounding environment so it knows how to drive itself.
September 5, 2018Trending
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