Uber

Ride-hailing services Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NYSE: LYFT) entered 2020 gunning for profits, but the spread of coronavirus in the U.S. is going to threaten those plans as companies throughout the globe are facing unforeseen challenges. As recently as a few weeks ago,...

Uber Technologies Inc.’s (NYSE: UBER) CEO Dara Khosrowshahi assured investors that the company would survive the coronavirus pandemic even as its customer base stays home. Uber Is Sitting On Piles Of Cash Khosrowshahi is taking steps to survive the worldwide spread of COVID-19. He...

Anthony Levandowski, an engineer credited with developing Alphabet Inc.’s (NASDAQ: GOOGL)(NASDAQ: GOOG) autonomous vehicle unit, pleaded guilty to stealing trade secrets from the internet giant on Thursday. What Happened Levandowski started his own autonomous vehicle company after leaving...

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included a top bank and the FANG stocks. Bearish calls included many oil stocks and the iPhone maker. The U.S. markets had another tough week due to the one-two punch of an unexpected oil...

Technology has been evolving faster and faster during the last decade. And probably it will never be as slow as it is today. And that technology development is also boosting electric vehicles, autonomous driving, fast connectivity, artificial intelligence, and similar. The faster it evolves, the...

Anthony Levandowski, the former head of Uber Technologies Inc's (NYSE: UBER) self-driving division, filed for bankruptcy protection in federal court on Wednesday, the same day he was ordered to pay Google (NASDAQ: GOOGL) $179 million to settle an ongoing contract dispute. Levandowski filed for...

Good day, Uber Freight (NYSE: UBER) has announced a partnership with Samsara, an electronic logging device (ELD) and fleet management solutions provider, to help carriers with six or more trucks lower their overhead costs and manage their fleets more efficiently.  According to the terms of the...

Food delivery company DoorDash confidentially filed to go public with the Securities and Exchange Commission, it announced Thursday. What Happened The company didn't reveal how many shares it will offer as part of the initial public offering or at what price if its filing is approved by...

Uber Technologies Inc.’s (NYSE: UBER) food delivery arm Uber Eats’ head Jason Droege has resigned. What Happened Pierre-Dimitri Gore-Coty, who is the Vice President of International Rides at Uber, will replace Droege as the head of Eats. Droege will stay at the helm at Eats until June...

Oh, how quickly the tables have turned. Ride-sharing stocks Uber Technologies (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) were highly criticized by investors last year, as both stocks stumbled out of their IPO gates. The general consensus was, disruptive as they were, that the duo...

Financial software maker Intuit Inc.'s (NASDAQ: INTU) deal to acquire personal finance company Credit Karma is almost final, and could be announced as soon as Monday, the Wall Street Journal reported. What Happened The deal, if finalized, would be the biggest for Intuit in its 37-year long...

Uber Technologies Inc. (NYSE: UBER) shut down an office in Los Angeles last week leaving about 80 workers unemployed with no advance notice, the Los Angeles Times reported Tuesday. What Happened The affected employees all worked in customer support and were paid on an hourly basis. "We have...

The shares of SoftBank Group Corporation (OTC: SFTBY) surged in early Wednesday trade in Tokyo as a United States judge approved the merger of its troubled telecommunications carrier subsidiary Sprint Corporation (NYSE: S) with T-Mobile US Inc. (NASDAQ: TMUS). What Happened A federal...

The shares of telecommunications carrier T-Mobile Us Inc. (NASDAQ: TMUS) and Sprint Corporation (NYSE: S) jumped in the after-hours session on Monday as reports suggested that their nearly two-year-old merger deal is about to get approved. What Happened The federal judge presiding the case...

That’s more like it. After a slump in December, the economy created a way better than expected 225,000 new jobs in January. The growth included nice gains in closely watched categories like construction and warehousing, but still showed weakness in the manufacturing sector. Even so, job...