SAN RAMON, Calif. (AP) — Uber is selling off its autonomous vehicles development arm as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic. Self-driving vehicle technology company Aurora will acquire the employees and technology...
NEW YORK (AP) — Uber is cutting 3,700 full-time workers, about 14% of its workforce, and its CEO will give up his base salary with the nation largely still in lockdown. The San Francisco company said Wednesday that the layoffs...
Uber will no longer just be a ride-hailing company.Uber CEO Dara Khosrowshahi announced Wednesday at a future of mobility event that its launching a service that will allow users to be able to rent other people’s cars through the Uber...
Shares of Uber surged Tuesday after the company said there is little evidence that Americans are pulling back on hailing rides or ordering food deliveries despi
NEW YORK (AP) — After much hype leading up to the largest initial public offering in five years, Uber hit a few potholes on its first day of trading, closing down 8% and reflecting lingering doubts about its future prospects...
SAN FRANCISCO (AP) — Uber's next stop is the stock market, where it hopes to pick up more investors willing to bet on a ride-hailing market brimming with potential and conspicuously lacking in profits. The world's largest ride-hailing service reached...
