Uber
Uber stock jumps on deal to offer New York City taxi rides in app
New York City yellow taxi cabs Getty Images Uber has reached an agreement to list New York City taxis on its app. Two taxi-hailing apps, operated by Curb and Creative Mobile Technologies, will integrate their software with Uber, allowing users to book taxi rides in the Uber app, the companies announced Thursday. News of the …
Uber, Lyft stocks plunge after Biden official says drivers are employees
lechatnoir / Getty Stock in Uber is down more than 6 percent after President Joe Biden’s new labor secretary, Marty Walsh, told Reuters that drivers are employees under US labor law. Stock in Lyft, whose business is more concentrated in the United States, is down 11 percent. DoorDash, which heavily uses contract workers for food …
Uber Technologies Inc. stock outperforms competitors despite losses on the day
Shares of Uber Technologies Inc. UBER, -0.64% slipped 0.64% to $60.35 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +0.10% rising 0.10% to 14,052.34 and the Dow Jones Industrial Average DJIA, +0.48% rising 0.48% to 34,200.67. Uber Technologies Inc. closed $3.70 short …
Grab to Go Public in Record-Breaking SPAC Merger
Grab Holdings Inc. said it would go public on the Nasdaq Stock Market by merging with a special-purpose acquisition company, securing a near-$40 billion valuation in a new milestone for the SPAC boom that has swept U.S. financial markets. The $39.6 billion deal to list Grab, a ride-hailing, food-delivery and digital-wallet group that operates across …
Woman arrested in alleged assault of Uber driver who asked passenger to wear mask
One woman has been arrested and another has agreed to turn herself in after they assaulted a San Francisco Uber driver who asked one of them to put on a mask during their ride, police say. Malaysia King, 24, was arrested in Las Vegas and charged with assault with a caustic chemical, assault and battery, …
Australian Open continues partnership with technology platform Uber
The Australian Open and technology company Uber today announced a multi-year extension to their deal as Official Online Food Delivery App and Official Ridesharing Partner of the AO. “The Uber integration with the Australian Open viewing experience has become an eagerly anticipated part of the Nine broadcast of the Australian summer of tennis events and we …
Tech IPO Bonanza Yields Riches for Venture-Capital Firms
More than $157 billion has been raised as of Thursday, according to data provider Dealogic—over a third of that in the past 11 weeks—and the number of listings is the largest since the final hurrah of the dot-com boom in 2000. The soaring public offerings are showering returns on some of the biggest names in …
Uber Giving Self-Driving Car Project to a Start-Up
In 2016, Uber acquired the autonomous trucking start-up Otto, led by Anthony Levandowski, a former Google engineer. When Google first tested its self-driving car on public roads a decade ago, Mr. Levandowski and Mr. Urmson, who had played a key role in Google’s original self-driving car project before co-founding Aurora, were two of the project’s …
Uber driver, passenger break into dance listening to Ki Banu Duniya Da. Watch – it s viral
Music and dance have the power to bring people together and spread immense joy. This video circulating on social media is a fine example of that. It shows an Uber driver and his passenger in Seattle stepping out of the car and breaking into a dance together. The video was posted on Instagram on the …
Online staffing funding, Uber investment, Papaya Global and Hire Technologies: Tech Roundup
October 05, 2020 Online staffing platform Braintrust announced an $18 million funding round last week. Uber Technologies Inc.’s (NYSE: UBER) Uber Freight announced a $500 million investment. In addition, payroll firm Papaya Global reported a $40 million round. Hire Technologies Inc. (TSXV:HIRE) announces investment in Covid-19 screening platform. Braintrust Braintrust announced it raised $18 million …
