Uber

Uber Barely Survived 2020, Mixed Q4 Performance Shows

At present however, the company is still losing about $1 billion a quarter on a GAAP basis. One way to describe how Uber did against expectations is that "it could have been worse."

Uber Sells Self-Driving Vehicles to Rival Aurora

Tesla's Ex-Autopilot Head to Own Uber's Self-Driving Unit Soon

Uber is selling its autonomous vehicle unit to startup Aurora as a strategic plan to shift its own self-driving car.

Uber suspends self-driving cars operations after Arizona crash

Uber Technologies Inc. is suspending its self-driving cars after one of its autonomous vehicles was involved in an accident in Tempe, Arizona. This is the latest incident from the company that is facing one controversy after the other.

Uber Received Hundreds of Data Request on Its Riders and Users From US Law Enforcements and Regulators

Uber revealed that it has received too much data request from US law enforcement agencies and regulators. The company has provided information on its riders and drivers for most requests after reviewing its legal framework.

Uber on Facebook Messenger: Request a Ride without Leaving your Messenger

Facebook Messenger users can now sign up for the car-hailing service and request a ride, all without leaving a conversation or downloading the Uber app. The features are still in a testing phase so people who live in cities in the U.S where Uber is available can arrange rides directly from the app. Though the social network has plans for a wider rollout in the future.

The Sharing Economy: Who Really Benefits?

Businesses like Uber and Airbnb use individuals as their product, but companies like these may ultimately be hurting the economy by circumventing established regulations and the safety of their customers.

Seattle passes law: Uber and Lyft drivers to form Unions

Seattle City has become the first in the nation to pass a bill allowing Uber, Lyft and other ride-hailing services to form unions over pay and working conditions.

Uber Launched Desktop App on Windows 10

Uber created a desktop app to enable users hail a ride from their desktop. Unfortunately, the app is unable to work on its own.

Jakarta greenlights Uber operations

Uber has received approval from Jakarta government to operate legally in the Indonesian capital, as long as it meets tax rules and other requirements from the government.

Yahoo co-founder joins Didi Kuaidi

Didi Kuadi, largest car hailing app in China, has appointed Yahoo co-founder Jerry Yang as a senior advisor and board observer to the ride-hailing app firm as it battles Uber technologies for market share in China. In a statement, the company said Yang’s experience will help it build its mobile platform, which is already used by 250 million people in China. Both companies have stepped up their plans to expand in China recently, signaling tougher competition in the years ahead.

A Philippine judge clarified the ruling of his court, suspending the application of permits by prospective drivers

Philippine judge Santiago Arenas clarified Saturday that the ruling in a Quezon City regional trial court doesn’t stop operations of ride-sharing companies like Uber and GrabCar, but only suspend the application of permits by prospective drivers.

Rivals Join Forces Creating Global Service to Take Down Uber

Four Uber rivals join forces to create a global service of unified ride hailing service. The service will be available next year.

Uber announced to add 'ride request' button to every app

Uber announced a new Uber Ride Request button for the developers to add in their iOS and Android apps. Button added next to every address or ‘intent to ride’ in your App, will enable the users to tap 'instantly get a ride' to the hotel, restaurant, movie theater or any other destination developer specified.

Uber Tested Two New Services in Seattle and Denver

Uber is testing its color coding system in Seattle and its car rental program in Denver. Both programs are aimed to increase the service.

OLA Hires the Infosys Veteran Rajiv Bansal As The Chief Financial Officer Of The Company

Ola appoints Rajiv Bansal as the Chief Financial Officer. This Infosys veteran is all set to join Ola at the beginning of the new year 2016.

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Over 25% of US Consumers Earning Below $50,000 Avoid Fast Food Due to High Cost

According to a January survey conducted by consulting company Revenue Management Solutions, over 25% of those with incomes under $50,000 were reducing their use of fast food, citing expense as a reason.

Strong US Economy Masks Struggles of Low-Income Consumers

One of the primary foundations preventing the U.S. economy from entering a recession-resilient family spending-is beginning to show signs of weakness.

Trump's Second Presidency Could Spell Gains for Crypto, NFTs

Geoff Kendrick, the head of FX Research and Digital Assets Research at Standard Chartered Bank, suggests that a win by former U.S. President Donald Trump in the upcoming November U.S. presidential election could have a positive impact on Bitcoin.

TikTok Ban on Hold? App Fights for 170 Million US Users

On Tuesday, TikTok and its Chinese parent firm ByteDance filed a lawsuit in a U.S. federal court, attempting to overturn a bill that President Joe Biden had signed that would have required the 170 million Americans who use the short video app to either divest or outright prohibit it.

SEC Chair Gary Gensler Deems Crypto a Central Player in Market Issues

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler covered a variety of subjects, including cryptocurrencies.

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Second Chance for FTX? Exchange Offers Full Repayment Plus Compensation to Creditors

FTX intends to fully repay the remaining creditors plus pay them "billions in compensation for the time value of their investments," leaving 98% of its creditors with up to 118% of their permitted claims.

Equinox’s Ultra-Pricey Program Aims to Extend Your Life

Equinox, a high-end fitness business, is charging for the ultimate luxury: longer life. The business unveiled a subscription on Monday that, at a whopping $36,000 annually, entitles users to more than 100 tests designed to improve health and lengthen life.

Can a $22,000 All-Inclusive Resort Live Up to the Hype?

According to a JLL Research Hotels & Hospitality research, demand for all-inclusive resorts surged after the pandemic. The study found that suddenly, many travelers desired stress-free, simple-to-plan trips, ideally with a health focus.

Crypto Price Predictions for 2026: Bitcoin, Ethereum, Option2Trade Will Increase Value

In the cryptocurrency industry, the forecast that Bitcoin (BTC) will reach $500,000 by 2026 embodies optimistic confidence. Several variables support this enormous price objective, which analysts predict will increase Bitcoin's value.

Crypto Giant Kraken Makes Waves in Europe with New German Deal

By revealing a new strategic alliance that will allow Kraken to actively improve its product offering in Germany, a crucial market for the adoption of cryptocurrencies in Europe, Kraken is doubling down on its goal of expanding throughout the continent.

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