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Uber

Uber confidentially files for IPO a day after Lyft

(Reuters) — Uber Technologies has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.

Read more: http://bit.ly/2E81u7c

Uber’s Self-Driving Cars Are Set to Return in a Downsized Test

SAN FRANCISCO — Eight months after one of Uber’s self-driving cars struck and killed a pedestrian, the ride-hailing company is close to putting its autonomous vehicles back on the road in a drastically reduced version of earlier efforts.

Read more: https://nyti.ms/2QjKYYT

Uber’s India business has topped $1.6 billion in annualized bookings, according to internal email

Uber has been selling off its local businesses in big emerging markets like China and Southeast Asia. But the company’s India unit isn’t going anywhere.

Read more: https://cnb.cx/2RyJUNt

New York Adopts Nation’s First Pay Floor for Uber, Lyft, and Other Rideshare Drivers

Today, New York’s City’s Taxi and Limousine Commission approved measures to enact minimum pay requirements for app-based for-hire vehicles (FHV) like Uber, Lyft, and Juno. The new pay structure is set to take effect early in the new year. The $26.

Read more: http://bit.ly/2Rv3RVb

Uber fined nearly $1.2 million by British and Dutch authorities for 2016 data breach

Uber was fined a combined $1.17 million by British and Dutch authorities Tuesday for a 2016 data breach that exposed the personal details of millions of customers. The U.K.

Read more: https://cnb.cx/2UdXt6K

Uber Exploring Deal to Buy Bird or Lime

Uber has held talks recently with electric scooter rental startup Bird to acquire the company in what could be a multibillion-dollar deal, said several people briefed on the discussions.

Read more: http://bit.ly/2ASfmiJ

Uber Is Reworking Its Playbook for World Domination

Sitting in his glass-walled office in Berlin with an open suit jacket, casually tieless, Christoph Weigler looks every bit the part of a Silicon Valley startup executive. But the Uber general manager for Germany isn’t talking about dominance or disruption.

Read more: https://bloom.bg/2AzR0tZ

Meet Uber’s newly promoted chief product officer, Manik Gupta

Manik Gupta got his first taste of solving logistics nightmares when, fresh out of college, he was delivering Palm Pilots around Singapore. He’d started a precursor to Groupon called BuyItTogether. “We were a full-stack marketplace where we were also delivering the goods.

Read more: https://tcrn.ch/2K9G8av

Uber continues to lose money as it scales scooters, bikes and other newer businesses

Uber, which is expected to go public sometime next year, just released its Q3 2018 financial results. Uber’s net losses increased 32 percent quarter over quarter to $939 million on a pro forma basis, though Uber expected these losses as it continues to invest in future growth areas.

Read more: https://tcrn.ch/2BclDXR

What Happens When Gig-Economy Workers Become Employees

Ever since the emergence of companies like Uber and Lyft, businesses and labor advocates have engaged in an endless, largely theoretical debate about whether classifying workers as independent contractors—responsible for setting their own hours and paying for their own insurance, mileage, and

Read more: http://bit.ly/2O26LDa

Uber香港區總經理佘雋知離職

Uber發言人證實,香港區總經理佘雋知於上周五已離職。(資料圖片) Uber在港經營一直未合法化,任職4年的Uber香港區總經理佘雋知卻於上周五離職。Uber發言人指出,佘雋知基於其他發展機會辭任,香港業務暫由亞太區總經

Read more: http://bit.ly/2NP23Ie

Lyft Is Said to Hire Adviser to Prepare for Targeted 2019 IPO

Lyft Inc., the second-biggest U.S. ride-hailing company, has started the process for an initial public offering in an effort to beat Uber Technologies Inc. to the public markets, people familiar with the matter said.

Read more: https://bloom.bg/2NE93UR

Uber’s Bundles

With Uber, nothing is easy. Start with profitability, or the lack thereof: two weeks ago the company reported its quarterly “earnings”,1 and once again the losses were massive: $891 million on $2.8 billion in revenue. Clearly the business is failing, no?

Read more: http://bit.ly/2PciOKv

Uber’s self-driving trucks division is dead, long live Uber self-driving cars

Uber is shuttering its self-driving trucks unit, a beleaguered program borne out of the company’s controversial multi-million acquisition of Otto nearly two years ago.

Read more: https://tcrn.ch/2KbatE0

政府須考慮修例回應網約車需求

根據現行法例,個人化點對點交通服務始終難有生存空間,缺乏特定牌照的汽車司機載客取酬乃犯法行為,然而這樣的服務實實在在有市場需求,應該怎樣取捨?特區政府必須與時俱進,認真而迫切地考慮修改法例,適當地

Read more: http://bit.ly/2zQy4da

Wave Uber’s new Spotlight or send canned chats to find your driver

Uber is aiming to perfect the art of the pick-up with three features it says minimize cancellations. Guaranteed pickup windows boost confidence that you’ll make your flight, and give you a credit of $10 if your scheduled ride is late.

Read more: https://tcrn.ch/2usPaZA

Anthony Levandowski is back with a new self-driving startup, called Kache.ai

This is a comeback story. Or at least the first chapter to one. Anthony Levandowski, the former Google engineer and serial entrepreneur who was at the center of a trade secrets lawsuit between Uber and Waymo, is back.

Read more: https://tcrn.ch/2tPAfrO

Bozoma Saint John departs Uber for Endeavor

Sources said the high-profile exec Bozoma Saint John has left Uber for Endeavor. She will become CMO there, focused on a range of creative connections between its talent portfolio and brands. The move is not surprising to many, given the changes at the company of late.

Read more: http://bit.ly/2sXoC0U

Erdogan Joins Fight Against Uber, Saying Turkey Business Is Over

Uber Technologies Inc., which has been the subject of legal and physical battles with Turkish cab drivers, is coming under fire from the country’s president.

Read more: https://bloom.bg/2kMKOao

Lyft Nears Acquisition of Motivate, U.S. Bike-Share Leader

Already a subscriber? Log in here This article is part of our archive of over 2,400 stories and is only available to subscribers. To give you a preview of the work we do, you can enter your email to access the full article.

Read more: http://bit.ly/2J86jAX

San Francisco to Uber, Lyft: Tell us what drivers earn

Do Uber and Lyft stiff their drivers on wages? City Attorney Dennis Herrera subpoenaed the companies on Tuesday for records of driver pay and benefits, as well as their classification as independent contractors, rather than employees.

Read more: http://bit.ly/2Lb9F2F

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark.

Read more: https://tcrn.ch/2Jnjtt6

Uber in ‘discussions’ to get Waymo self-driving cars on its network

Speaking today at the Code Conference, Uber CEO Dara Khosrowshahi says that his company is in “discussions” to have Waymo self-driving cars added to its network.

Read more: http://bit.ly/2L8c9yX

Uber CEO Dara Khosrowshahi says the company is on track for a 2019 IPO

This is a breaking news story. Please check back for updates.

Read more: https://cnb.cx/2sgiFN5

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