Uber Gets Slapped with £250 Million Lawsuit from London’s Black Cab Drivers
Thousands of black cab drivers in London have sued Uber Technologies Inc. for hundreds of millions of pounds, accusing the firm of illegally operating in...
Tag : Uber Technologies Inc
Uber Accused of Illegally Operating in the State of Goa; Government Files Police Complaint
The government of Goa has filed a police complaint against Uber India Systems Private Limited, accusing the company of illegally operating its services in the...
CFO of Uber to Step Down in Most Senior Executive Exit Since IPO
Uber Technologies Inc Chief Financial Officer (CFO) Nelson Chai has planned to resign. This marks the most significant executive departure since the company’s IPO 2019....
Uber Pushes EV In India, To Go All-Electric By 2040
Uber Technologies, the Global Ride-hailing platform, on Wednesday, announced its plans to introduce ‘Uber Green’ in India. Under the latest offering, the company will let...
Uber Shares Soar on Solid Profit Forecast as Rideshare Recovery Fights Inflation
Uber Technologies Inc rose 13% on Tuesday after the company forecasted fourth-quarter operating profit above Wall Street expectations, betting on cost control and increased ride...
Zomato Drops by About 7% in Response to Uber Share Sale News
After news broke the previous day that Uber Technologies intended to sell its whole shareholding in the Indian food delivery company, shares of Zomato Ltd....
Uber to Let Office Staff Work Up to Half Their Time From Anywhere
Uber Technologies Inc will let employees work half their hours from wherever they want as part of its revamped return-to-office strategy; the transport app company...
SoftBank’s $17.7 Billion Profit Sets New Record in Japan
Net income was 1.93 trillion yen ($17.7 billion) for the three months ended March 31, the most for a listed Japanese company dating back to...
Uber to Buy Alcohol Delivery Startup Drizly
Uber Technologies Inc. agreed to acquire Drizly Inc., which makes an on-demand alcohol delivery app, for $1.1 billion, beating out at least two rival companies...
SoftBank’s Vision Fund Plans to Unveil Blank Check Company
SoftBank Group Corp.’s Vision Fund will outline plans for a blank-check company in the next two weeks, seeking to capitalize on the investor frenzy surrounding...