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The Latest Breaking News from Dara Khosrowshahi

Uber's Aussie buy prepares for US launch

Australian start-up Car Next Door will be rebranded by Uber and launched in America in a bid to shake-up car rental and ownership in a new market.

AAP

Uber secures 500 electric cars for drivers

US ride-sharing giant Uber has partnered with a Sydney firm to import 500 electric cars and speed up Australia's transition to greener transport.

AAP

Uber Targeting EV-Only Fleet From 2030 Onwards

Uber wants to electrify its western fleet by 2030. The ride-hailing company wants not only to eliminate ICE vehicles but also hybrids.

InsideEVs

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Uber Cars Will Be Only Electric From 2030

The ride-sharing platform expands its Comfort Electric program.

Motor1

Uber Reports Record Revenue, But Delivery Takes A Back Seat

It looks like rideshare is back in the driver's seat for Uber (NYSE: UBER) after Eats and its delivery business steered the company through the pandemic.

Benzinga

Investors Wanted Uber To Be Profitable - It's Close, And Lyft Is Along For The Ride

Back in May, ride-sharing giant Uber Technologies Inc. (NYSE: UBER) delivered its first-quarter 2022 earnings report.

Benzinga

‘Embrace the chaos’: a history of Uber’s rapid expansion and fall from favour

The firm was one of the pioneers of the gig economy model but its operations soon caused a global furore

The Guardian - UK

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The Uber files: leaked documents reveal a strategy of chaos – has anything changed?

Uber has had a controversial history since its founding in 2009, from violent conflicts among drivers to a secret software allegedly used to evade law enforcement. Now, a leak of over 124,000 documents dubbed the Uber files shows the extent to which the firm under co-founder and former CEO Travis…

The Conversation

Uber admits to past mistakes; says it is a 'different' company now

NEW DELHI: As a leaked cache of confidential files illustrated its potentially dubious and illegal means to push into markets around the world, Uber said it will not make excuses for the past but wanted to be judged by its actions in the last five years.

The Times of India

Uber lobbied and used 'stealth' tech to block scrutiny, according to a new report

A nonprofit network of investigative reporters details charges of how the ride-sharing service pushed into markets around the world as a company spokesperson acknowledged "mistakes'' in the past.

WEKU

Leaked Uber files detail how politicians helped ride-sharing giant's global rise

An Uber lobbyist described France's Macron as a "true ally," according to the Guardian-led report.

Axios

Uber secretly lobbied governments, thwarted police: Report

Thousands of leaked documents have exposed Uber to have lobbied world political leaders to help the ride-sharing company.

The New Daily

Uber reportedly lobbied politicians, broke laws in global push

Uber Technologies Inc. attempted to lobby politicians and flouted laws as part of efforts to expand globally from 2013 to 2017, according to newspaper reports based on leaked documents.

Tribune News Service

Report: Uber lobbied, used 'stealth' tech to block scrutiny

As Uber pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labor and taxi laws and used a “kill switch″ to thwart regulators and law enforcement

The Independent UK

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The Guardian - UK

‘We will not make excuses’: Uber responds to Uber files leak

Statement from Jill Hazelbaker, Uber’s senior vice-president of public affairs, to global journalistic investigation

WEKU

Why some of the country's top CEOs fear a recession is coming

The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.

Benzinga

Insider Buying Remains Elevated For A Second Week $SBUX $UBER $RILY

In an unusually volatile week, we saw significant market weakness earlier in the week probably driven by forced selling and a relief rally in the end. Insiders once again stepped up their purchases to take advantage of prices, which in some cases are down anywhere from 50% to 90% from…

Benzinga

Executives Buy Around $141M Of 4 Stocks

Although Dow Jones futures traded higher this morning on Tuesday, there were a few notable insider trades.

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StockNews.com

Should You Scoop Up Shares of Uber Under $25?

Currently trading at less than $25, the shares of leading ride-hailing company Uber Technologies (UBER) declined nearly 2% in price in premarket trading on news that the company's CEO intends to cut spending and reduce hiring. So, with this development in mind, let's evaluate if it's worth betting on the…

Benzinga

What's Going On With Uber Shares Today?

Uber Technologies Inc (NYSE: UBER) shares are trading lower Monday following a report that CEO Dara Khosrowshahi is calling for cost cutting at the company.

Benzinga

Uber CEO Calls For Cost Cutting, Treating Hiring As Privilege Amid Seismic Market Shift: Report

Uber Technologies Inc (NYSE: UBER) will cut costs to turn into a leaner business model to address a “seismic shift” in investor sentiment, CNBC reported o

The Hindu

Nirmala Sitharaman invites U.S. semiconductor players to make investments in India

Last year, the government approved a ₹76,000-crore scheme to boost semiconductor and display manufacturing in the country

Benzinga

Why Uber Shares Are Trading Higher Today

Uber Technologies Inc (NYSE:UBER) updated its guidance for the first quarter of FY22. Uber now sees adjusted EBITDA of $130 million - $150 million up (from $100 million - $130 million) Uber sees a sequential improvement in both Mobility and Delivery segment Adjusted EBITDA (Q1 2022 over Q4 2021). Related Content: 5 Uber Analysts…

Daily Record

Uber boss confirms app will accept Bitcoin 'at some point' in the future

CEO Dara Khosrowshahi confirmed the company has been having internal discussions about cryptocurrencies.

Benzinga

Uber To 'Absolutely' Accept Cryptocurrency In The Future, CEO Says

Uber Technologies Inc. (NYSE: UBER) will eventually accept cryptocurrencies as a means of payment, according to the firm's CEO Dara Khosrowshahi.

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