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Uber Exits 5 Pak Cities; To Continue Services Via Its Middle East Unit
Uber Technologies Inc will discontinue its ride-hailing services app in five cities in Pakistan including Karachi and Islamabad, the company said on Tuesday.
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Uber Investigating 'Cybersecurity Incident' After Report Of Breach
Uber Technologies Inc said on Thursday it was investigating a cybersecurity incident, after a report that its network was breached and the company had to shut several internal communications and engineering systems.
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Uber Turns Cash Flow Positive For The First Time
Uber Technologies Inc on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services.
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Ola, Uber Deny Report Of Merger Talks
Uber Technologies Inc and its Indian rival Ola on Friday denied a media report that the ride-hailing firms were in talks for a merger.
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Uber Ex-Security Chief Accused Of Hacking Coverup Must Face Fraud Charges, Judge Rules
Former Uber Technologies Inc security chief to face wire fraud charges over his alleged role in trying to cover up a 2016 hacking that exposed personal information of 57 million passengers and drivers.
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Uber To Cut Costs, Slow Down Hiring, CEO Tells Staff
The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc
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Alphabet's Waymo, Uber Freight In Deal For Future Self-Driving Trucks
Waymo Via, the self-driving trucking unit of Alphabet Inc, and Uber Technology Inc's Freight business said they signed a long-term strategic partnership that would allow future customers to deploy autonomous trucks more efficiently.
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Uber To Cut Costs, Slow Down Hiring, CEO Tells Staff
The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc
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Uber To Cut Costs, Slow Down Hiring Amid "Seismic" Market Shift: Report
Uber Technologies Inc will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday, citing a letter from Chief Executive Officer Dara Khosrowshahi.
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Uber's Mideast Unit Says It's In Talks With Saudi To Ease Ride-Hailing Restrictions
Uber Technologies Inc's subsidiary in the Middle East, Careem, says it is in talks with authorities in Saudi Arabia to ease restrictions, including those that have limited driver numbers and led to long waits for rides.
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Uber Admits to Claims It Misled Australian Consumers About Ride Fare Estimates, Cancellation Fees
Australia's competition watchdog is suing Uber Technologies Inc and seeking an AUD 26 million (roughly Rs. 140 crore) fine from the ride-hailing platform after it admitted to misleading consumers about ride fare estimates and cancellation fees.
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Uber Forecasts Adjusted Earnings Of $5 Billion By Fiscal 2024
Uber Inc's Chief Financial Officer Nelson Chai on Thursday forecast $5 billion in a measure of adjusted earnings by fiscal 2024.
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Uber Forecasts Adjusted Earnings Of $5 Billion By Fiscal 2024
Nelson Chai, CFO, Uber Inc. forecasts $5 billion in a measure of adjusted earnings by fiscal 2024, with gross bookings expected to be between $165 billion and $175 billion.
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EV Ride-Hail Leasing Company Hive Raises $30 Million In Funding Round
Hive's funding round comes as ESG-minded investors pour money into EV companies, betting on a rapid uptick in EV adoption over the next few years.
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Uber Partners With Hertz To Offer 50,000 Tesla Rentals To U.S. Ride-Hail Drivers
Uber's announcement comes just days after Hertz on Monday said it would order 100,000 Tesla vehicles by the end of 2022.
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Uber Exits 5 Pak Cities; To Continue Services Via Its Middle East Unit
Uber Technologies Inc will discontinue its ride-hailing services app in five cities in Pakistan including Karachi and Islamabad, the company said on Tuesday.
-
Uber Investigating 'Cybersecurity Incident' After Report Of Breach
Uber Technologies Inc said on Thursday it was investigating a cybersecurity incident, after a report that its network was breached and the company had to shut several internal communications and engineering systems.
-
Uber Turns Cash Flow Positive For The First Time
Uber Technologies Inc on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services.
-
Ola, Uber Deny Report Of Merger Talks
Uber Technologies Inc and its Indian rival Ola on Friday denied a media report that the ride-hailing firms were in talks for a merger.
-
Uber Ex-Security Chief Accused Of Hacking Coverup Must Face Fraud Charges, Judge Rules
Former Uber Technologies Inc security chief to face wire fraud charges over his alleged role in trying to cover up a 2016 hacking that exposed personal information of 57 million passengers and drivers.
-
Uber To Cut Costs, Slow Down Hiring, CEO Tells Staff
The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc
-
Alphabet's Waymo, Uber Freight In Deal For Future Self-Driving Trucks
Waymo Via, the self-driving trucking unit of Alphabet Inc, and Uber Technology Inc's Freight business said they signed a long-term strategic partnership that would allow future customers to deploy autonomous trucks more efficiently.
-
Uber To Cut Costs, Slow Down Hiring, CEO Tells Staff
The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc
-
Uber To Cut Costs, Slow Down Hiring Amid "Seismic" Market Shift: Report
Uber Technologies Inc will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday, citing a letter from Chief Executive Officer Dara Khosrowshahi.
-
Uber's Mideast Unit Says It's In Talks With Saudi To Ease Ride-Hailing Restrictions
Uber Technologies Inc's subsidiary in the Middle East, Careem, says it is in talks with authorities in Saudi Arabia to ease restrictions, including those that have limited driver numbers and led to long waits for rides.
-
Uber Admits to Claims It Misled Australian Consumers About Ride Fare Estimates, Cancellation Fees
Australia's competition watchdog is suing Uber Technologies Inc and seeking an AUD 26 million (roughly Rs. 140 crore) fine from the ride-hailing platform after it admitted to misleading consumers about ride fare estimates and cancellation fees.
-
Uber Forecasts Adjusted Earnings Of $5 Billion By Fiscal 2024
Uber Inc's Chief Financial Officer Nelson Chai on Thursday forecast $5 billion in a measure of adjusted earnings by fiscal 2024.
-
Uber Forecasts Adjusted Earnings Of $5 Billion By Fiscal 2024
Nelson Chai, CFO, Uber Inc. forecasts $5 billion in a measure of adjusted earnings by fiscal 2024, with gross bookings expected to be between $165 billion and $175 billion.
-
EV Ride-Hail Leasing Company Hive Raises $30 Million In Funding Round
Hive's funding round comes as ESG-minded investors pour money into EV companies, betting on a rapid uptick in EV adoption over the next few years.
-
Uber Partners With Hertz To Offer 50,000 Tesla Rentals To U.S. Ride-Hail Drivers
Uber's announcement comes just days after Hertz on Monday said it would order 100,000 Tesla vehicles by the end of 2022.
