Uber

With Uber rolling out in-app tipping nationwide, drivers are now incentivized to provide a premium service and differentiate their ride-hailing experience. Jeff Cripe is sympathetic to their pressures, particularly as the more crowded and competitive industry is limiting driver pay. At the same...

Southeast Asian ride-hailing company Grab expects to raise about $2.5 billion in new investments from China's state-run Didi Chuxing and Japan's Softbank Group, among other investors. Softbank and Didi Chuxing, which won the Chinese market over Uber Technologies Inc., will invest up to $2...

Uber Technologies Inc. made the decision in late 2016 to exit the Chinese market and now the popular ride-hailing platform will be partially exiting the Russian market. Uber will merge its Russian operations with Russia-based Yandex NV (NASDAQ: YNDX) and from a yet-to-be-named venture that would be...

Uber and Lyft's head-to-head battle pits two of the most valuable startups in the planet against each other. Making the situation more interesting is the fact that the two companies offer nearly identical services and are both betting their future on autonomous driving. Uber, valued at $68 billion...

Fans of Uber’s hail-a-ride app praise Uber for filling a void in urban, on-demand transportation. But as the company deals with the fallout from the ouster of CEO Travis Kalanick and ongoing questions about its leadership and direction, one of the biggest questions facing investors and the...

Nobody likes drama — except for the public sycophant, who has undoubtedly seen a convenient opportunity or two in recent political turmoil. Amid policy controversies and under the pressure of brand boycotts, a few American corporations quickly embraced fashionable causes ━ and the cameras...

Up in the executive suite, while Travis Kalanick was getting ousted almost operatically as CEO of his own creation, Uber Technologies Inc, another part of the company just sped along, picking up passengers in a world where real rubber meets actual road. “I’m pretty sure I’ve taken...

Recently appointed CEO of Ford Motor Company (NYSE: F) Jim Hackett hosted a meeting with analysts this week, which appears to have eased sell-side concerns following Mark Fields’ ousting. “Overall it did feel different,” said Deutsche Bank analyst Rod Lache in a note. Hackett was...

Uber is facing yet another controversy: this time regarding the rights of disabled users. The Equal Rights Center, a nonprofit civil rights advocacy group, is suing Uber in Washington, D.C., for not adequately serving handicapped individuals, particularly those confined to wheelchairs that cannot...

The startup world is flush with cash right now. In fact, there’s so much private funding floating around that companies are avoiding going public in favor of chasing fruitful private markets. Companies like Uber are pursuing that strategy (CEO woes notwithstanding), having raised nearly $9...

It’s not often that management changes have a significant impact on a company or its stock. However, the recently announced departure of former Uber CEO Travis Kalanick could trigger a major boost in Uber’s business. Kalanick’s vision for the Uber ride-sharing model has changed...

Avis Budget Group Inc. (NASDAQ: CAR) announced Monday it has formed a partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)’s autonomous car business, Waymo. Under a multi-year agreement, Avis will service and store 600 of Waymo’s self-driving cars. The fleet is part of Waymo...

Lots of Americans had summer jobs when they were teenagers or when they were in college. It was nice to have a little extra cash around for fun summer activities. However, just because you’ve graduated from college and have a full-time job doesn’t mean that you can’t take a couple...

Uber Technologies is a prime example of a Silicon Valley startup that has become too big for the original founders to manage, Bob Lutz, a former General Motors Company (NYSE: GM) vice chairman told CNBC. Uber's co-founder and recently ousted CEO Travis Kalanick did a good job in running Uber...