Uber

A top federal official told lawmakers who are urging regulators to close loopholes on safety standards for autonomous vehicle (AV) testing that doing so could stifle technology development. Testifying at a U.S. Senate hearing on AV safety, James Owens, acting administrator at the National Highway...

The U.S. National Transportation Safety Board (NTSB) has recommended that Uber Technologies Inc. (NYSE: UBER) and the National Highway Traffic Safety Administration (NHTSA) require more oversight of automated vehicle (AV) testing procedures in the wake of a deadly crash involving a self-driving...

Uber Technologies Inc.’s (NYSE: UBER) Chief Product Officer Manik Gupta is leaving the company, TechCrunch reported. What Happened To Gupta Gupta, who started as Senior Director Product of Maps and Marketplace in 2015 and was promoted to the Chief Product Officer position in 2018, will leave...

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included a couple of software stocks and a mining giant. Bearish calls also included the iPhone maker and an entertainment colossus. More small gains this past week were enough to keep the...

It's quite something when your name becomes synonymous with an entire movement in an industry. That is what has happened to Uber Freight, thanks in no small part to the disruption Uber Technologies Inc (NYSE: UBER) created in the taxi industry. Today in the freight industry, the term "Uberization...

Uber Technologies Inc (NYSE: UBER) has been through a rough patch since its IPO in May as the company lost a third of its value since then. Now, the company reported its third quarter earnings which show it is continuing its losing streak, causing its stock to go down nearly 7% following the report...

It feels like this elevator only goes up. Once again, the numbers all look green today as optimism about trade and earnings continues. Asian and European markets moved higher across the board overnight and U.S. futures suggest the major indices could build on record highs set yesterday. In the...

Uber Technologies, Inc. (NYSE: UBER) reported a net loss of $1.16 billion in the third quarter of 2019, ahead of the consensus expectation calling for a $1.5 billion loss. Excluding stock-based compensation expense, the loss was $761 million, better than the company's second-quarter loss of...

Uber Technologies Inc. (NYSE: UBER) and LYFT Inc. (NASDAQ: LYFT) are pushing back against lawmakers challenging their independent contractor model. The companies asserted that most of their drivers prefer the flexibility that employment approach provides. In written responses to questions raised...

Last week could be a tough act to follow. How do you deliver an encore for a stretch of five days when the Fed lowered rates, Apple Inc. (NASDAQ: AAPL) and Facebook, Inc. (NASDAQ: FB) delivered powerful earnings, and the jobs report showed that consumers continue to be incredibly healthy...

The biggest names in the gig economy are seeking to put a ballot proposal before California voters in an effort to overturn a new state law that limits the firms' ability to use independent contractor drivers. Uber Technologies Inc (NYSE: UBER), Lyft Inc (NASDAQ: LYFT) and DoorDash filed paperwork...

Uber Freight, the digital freight brokerage division of Uber Technologies Inc (NYSE: UBER), announced on October 29 that it has expanded its operations into Canada to move domestic and cross-border truckloads. The Canadian market is Uber Freight's first international expansion in North America. In...

After Uber Technologies Inc. (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) executives failed to appear at a hearing on Capitol Hill at which they were to be chastised for lax safety oversight, lawmakers turned their attention to the merits of making it more difficult for employers to hire independent...

Moving forward with its mission to be the operating system of your daily life, Uber Technologies Inc. (NYSE: UBER) plans to add grocery delivery to its offerings in 2020.  Uber has made an agreement to take a majority stake in Cornershop, the dominate online grocery provider in Chile, Mexico, Peru...

Disruptive companies that changed the world we know had raised record funds in private. But things went south when they went public as there was no unlimited demand to tap into. Their disappointing post-IPO performance made it clear that private investors were too optimistic. And there aren't...