510 Articles
Official
Followup
Official
Official
Uber and Lyft face challenges as they steer back toward profitability

Ongoing driver shortage and the spreading Delta variant are clouding their outlook

Opinion
Official
Uber, Lyft want more public subsidies to meet California EV mandates

CARB wants 90% of ride-hailing miles to be electric by 2030

Official
Analysis: U.S. labor secretary likely to investigate gig employers like Uber

Millions of workers could ultimately become eligible for, say, OT or minimum wage

ETC
Woman arrested in San Francisco assault on Uber driver over mask

Driver was cursed and pepper-sprayed after asking rider to mask up

Official
Toyota and Denso team with Aurora on self-driving minivans

Uber and others will benefit from the autonomous Sienna vans

Report
Report
Drivers for Uber, Lyft and delivery services sue to overturn California Prop. 22

They say the ballot measure denying them employee status is unconstitutional

Green
Official
Uber sells ATG self-driving business to Aurora in deal valued at $4 billion

The division was considered worth nearly twice that amount last year

(Reuters) -Uber Technologies Inc is selling its autonomous driving unit, Uber Advanced Technologies Group (ATG), to self-driving car startup Aurora, the companies said on Monday, in a move that would accelerate the ride-sharing company's goal to achieve profitability. The equity deal valued the ATG at $4 billion, according to people familiar with the matter. This marks a major drop in valuation for ATG, as it raised $1 billion from a consortium of investors including Toyota Motor Corp and Soft

Report
Uber in talks to sell ATG self-driving unit to Aurora

Uber Advanced Technologies Group was valued at $7.25 billion 18 months ago

Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and SoftBank’s Vision Fund. Now, it’s up for sale and a competing autonomous vehicle technology startup is in talks with Uber to buy it, according to three sources familiar with the deal. Aurora Innovation, the startup founded by three veterans of the autonomous vehicle industry who led programs at Google, Tesla and Uber, is in

ETC
Californians pass proposition to let Uber treat drivers as contractors

Some had threatened to leave California if they lost

Official
California appeals court rules Uber, Lyft must reclassify drivers as employees

That is, unless the companies' Prop 22 ballot measure passes

While the ruling does not take effect before a Nov. 3 company-sponsored ballot measure that will give voters the chance to decide over the future status of gig workers, it narrows the companies' options should their ballot fail. The case emerged after California implemented a law, known as AB5, aimed at reclassifying ride-hail, food delivery and other app-based workers as employees entitled to benefits such as unemployment insurance and minimum wage. California in May sued Uber and Lyft for no

Report
Uber and Lyft spend big in California to oppose gig worker law

The companies claim most of their workers don't want to be full-time employees

The two ride-hailing companies would each face more than $392 million in annual payroll taxes and workers' compensation costs even if they drastically cut the number of drivers on their platforms, a Reuters calculation showed. The companies say they would need to significantly hike prices to offset at least some of those additional costs, which in turn would likely cause a decrease in consumer demand, but cushion the blow of the added costs to the bottom line.

Green
Uber promises 100% electric cars by 2040, commits $800 million to help drivers switch

Sooner in U.S., Canada and Europe

In addition to the vehicle discounts, Uber said the $800 million includes discounts for charging and a fare surcharge for electric and hybrid vehicles, the cost of which would be partially offset by an additional small fee charged to customers who request a "green trip." Uber said that vehicles on its rides platform in the United States, Canada and Europe will be zero-emission by 2030, taking advantage of the regulatory support and advanced infrastructure in those regions.

Official
Ex-Uber exec charged with covering up hacking of 57 million customers' info

But he helped capture the hackers, his lawyer says

A former Uber executive was charged Thursday in federal court on allegations that he arranged to pay hackers $100,000 to cover up a high-tech heist that stole the personal information about 57 million of the ride-hailing service’s users and drivers during 2016. The criminal complaint filed Thursday against Joseph Sullivan, Uber's former chief security officer, alleges that the hackers shared the data with a third person — who may still have it. Sullivan, 52, previously served as an assistant

Report
Judge grants Uber and Lyft a reprieve in California

The two ridesharing companies had threatened to shut down operations on Friday

Lyft in a blog post on Thursday said it would suspend its California operations at midnight. Uber in a blogpost said it would have to temporarily shut down unless the appeals court intervenes. Lyft shares dropped 6.2% to $26.41, while Uber shares were down 2.3% to $28.74.

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