Uber grants UK drivers worker status in world first
LONDON (AFP) – Uber on Tuesday (March 16) said it is granting its UK drivers worker status, with benefits including a minimum wage – a world first for the US […]
Uber’s pandemic food delivery boom fails to offset ride-hailing drop
NEW YORK (BLOOMBERG) – Uber Technologies reported declining revenue in the fourth quarter, showing that demand for food delivery isn’t making up for a falloff in ridership. Sales dropped 16 […]
Uber abandons pursuit of self-driving cars, sells unit to Aurora
NEW YORK (BLOOMBERG) – Uber Technologies sold its self-driving car division to Aurora Innovation and took a stake in the start-up, pulling back from its vision for a fleet of […]
Uber sees $1.5 billion loss on ride-hailing revenue plunge
SAN FRANCISCO (AFP) – Uber on Thursday (Nov 5) reported that it lost US$1.1 billion (S$1.5 billion) in the recently ended quarter as the pandemic walloped its ride-hailing business, but […]