497 Articles
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.

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

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.

Uber may be forced to shut down California ride services over new driver ruling

Judge granted request for injunction preventing independent contractor classification

Uber, Lyft blocked from classifying drivers as contractors in California

California is Uber’s and Lyft’s largest U.S. market

Uber rides take COVID-19 hit but food-delivery business doubles

Uber still seeks profitability before end of 2021

Uber recorded an adjusted loss in earnings before interest, taxes, depreciation and amortization of $837 million in the second quarter. Ride-hailing trips, in the past responsible for nearly two-thirds of Uber's revenue, increased 5 percentage points from their low in April, but gross bookings remained down 75% from last year. Uber's chief executive officer, Dara Khosrowshahi, told analysts on a conference call on Thursday that rides recovery depended on the ability of different countries to

Rideshare drivers face difficult decision between physical and financial health

The loss of the extra $600-per-week unemployment benefit pushes some into a challenging situation

Uber driver Johan Nijman faces a difficult decision as federal unemployment aid expires: risk failing to pay for groceries and even lose his home, or resume driving and potentially catch COVID-19. Nijman is among thousands of Uber Technologies Inc and Lyft Inc drivers across the United States choosing between physical and financial health risks as $600 in additional weekly unemployment assistance expire. While drivers are not the only workers struggling, they are particularly vulnerable as the

Know your rights as a rideshare passenger

Especially in the time of coronavirus

Things rideshare drivers wish passengers understood

Don't ask if they like doing it, for one

Uber buying Postmates for $2.6B to expand food delivery business

Playing up Uber Easts as rideshare business suffers under coronavirus

Uber bus just around the corner on post-pandemic public transit map

Ride-hailing and transit companies lean on one another

Urban transportation's transformation has shifted up a gear as the coronavirus crisis turns travel habits on their head, with Uber making allies of public transit systems by now offering to sell them its software expertise. This means Marin County's Transportation Authority will next month allow passengers in the San Francisco Bay area to book a trip through the Uber app, but rather than someone's private car they will ride wheelchair-accessible public vans. From the streets of Utah's Salt Lak

Uber, Lyft drivers are employees, says California regulator

A stab to the heart of the gig economy business model

Shares of both the companies fell more than 7% in early trading as the new order strikes at the heart of the "gig economy" business model of technology platforms like Uber, Postmates, Lyft, DoorDash and others. The new law, which took effect on Jan. 1, makes it tougher for companies to classify workers as contractors rather than employees, a classification that exempts them from paying for overtime, healthcare and workers' compensation. The California Public Utilities Commission (CPUC) said dr

Wildest rideshare driving experiences

Public freakouts, fisticuffs and being asked to break the law

Uber launches $50-per-hour booking option in some U.S. cities

The feature is aimed at helping Americans with essential trips during the coronavirus pandemic

The option, which is already available in a handful of cities in Australia, Africa, Europe and the Middle East, will cost $50 per hour. Fares for regular Uber rides are generally based on the level of demand and the trip distance. Uber said it decided to expand the hourly feature to the U.S. after riders requested an option for extended trips during the pandemic to avoid exposure to different drivers and vehicles when taking multiple trips in a confined time period.

Uber sends thousands of Jump e-bikes to the recycling heap

The move comes after Uber sold its bike division to Lime

Uber has sent thousands of electric bikes to be recycled for scrap as part of handing operations of their Jump e-bike division to scooter-sharing company Lime.

Uber to focus on core rides, deliveries as it cuts thousands more jobs

3,000 on top of 3,700 earlier this month

Uber will cut about 3,000 jobs, in addition to the 3,700 it had announced earlier this month, Khosrowshahi said, adding that the company plans to reduce investments in several "non-core projects." Khosrowshahi did not directly mention these businesses in his email and a spokesman declined to comment beyond the email. Khosrowshahi said Uber must establish itself as a self-sustaining enterprise no longer in need of outside capital, calling the company's food delivery business Uber Eats the "next

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