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The Latest Breaking News from Uber

OpenAI's Sam Altman Says AI Costs Have Become a 'Huge Issue' For Companies

OpenAI CEO Sam Altman said AI spending has become a "huge issue" for companies.

International Business Times

Uber Stock Alert: What to Know As Uber Slashes People Team by 23%

UBER laid off nearly a quarter of its People and Places division. Here’s what these job cuts really mean for UBER shares.

Barchart

Bitcoin (BTC USD) and Ethereum (ETH USD) drag crypto market cap down to $2.24 trillion in brutal selloff - here's what traders need to know

Crypto market crash today: The crypto market is experiencing a significant downturn, with total market capitalization falling to $2.24 trillion. Bitcoin and Ethereum are leading the decline, impacting altcoins and the broader DeFi sector. Heavy liquidations and a "Fear" sentiment in the market are contributing to sustained selling pressure.

The Economic Times

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Uber Cuts 23% of HR Team, Denies AI Was Behind Layoffs Despite CEO's Automation Warning

Uber restructures its HR division, cutting 23% of jobs in People and Places to enhance efficiency. Despite AI's growing role, the company denies AI-driven layoffs, focusing instead on organisational streamlining and leadership changes.

International Business Times UK

Mumbai Content Creator Alleges Assault by Uber Driver Over Toll Dispute

A Mumbai-based content creator has sparked widespread discussion on social media after alleging that a dispute with an Uber driver over an additional toll payment escalated into a physical confrontation. The incident, which she detailed through a series of Instagram videos, has reignited conversations about rider safety, grievance redressal systems,…

Whats Hot

AI Is Not Responsible: Uber Layoffs Hit 23% of HR and Recruitment Staff to Fix Complicated Teams

Uber is implementing a major restructuring plan, cutting 23% of its People and Places division workforce to streamline operations and improve efficiency, unrelated to AI advancements.

International Business Times UK

Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employees

Uber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of its HR and recruitment teams. The company clarified these cuts are not AI-related but aim to create a more modern and efficient organization. These changes represent less than 1% of…

The Economic Times

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By every measure, U.S. companies are winning on AI adoption—but a series of high-profile snafus shows they’re getting pummeled by costs

U.S. firms are voraciously using AI—whatever the cost.

Fortune

Uber Stock Is in Focus Following New Robotaxi Plans. What to Know.

Uber shares rally on a robotaxi deal with Autobrains and Nvidia. Here’s why UBER stock remains attractive as a long-term holding in 2026.

Barchart

Uber’s most bizarre forgotten items revealed from implants to live fish

IN FULL

The Independent UK

Ankle monitor, Meat slicer and George Washington hospital papers: These are the most unusual items left in Ubers

And what do Donny Osmond and Lady Gaga have to do with it?

The Independent UK

Oyo readies market debut; IT's comeback rally

Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.

The Economic Times

5 Reasons to Pony Up for Pony AI Stock—and 1 Reason to Wait

Pony AI has small chance of entering the US market but can dominate in China and the EU, the factors underpinning its stock price reversal.

MarketBeat

GB Group H2 Earnings Call Highlights

GB Group (LON:GBG) reported fiscal 2026 revenue and profit in line with its prior guidance and set out a plan to accelerate growth through its AI-powered identity platform, expanded partnerships and a continued recovery in the Americas. Chief Executive Dev Dhiman said FY 2026 was “a significant yea

MarketBeat

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The Economic Times

ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capital

While Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies has injected Rs 30 crore into the government-backed digital commerce entity.

The Economic Times

'Laptop delivered to vacant plot, LinkedIn not found, number doesn't exist': Uber recruiter claims new hire vanished with Macbook

A recruiter shared a dramatic social media post about a candidate who disappeared on their first day. The individual's phone number and LinkedIn profile reportedly ceased to exist, and, even more surprising, the company laptop was delivered to a vacant plot. The IT team found the device had been factory…

Euronews

Uber to begin testing autonomous robotaxis in Munich

Already part of the cityscape, in San Francisco and Beijing, driverless taxis could soon be carrying passengers in Munich if regulators give their approval.

The Economic Times

Uber introduces 'Uber Drift' experience for tourists in Tokyo

Uber is launching "Uber Drift" in Japan, offering a limited-edition tourism experience where visitors can ride with professional drivers in racing cars. This half-day adventure takes groups from Tokyo to Mobara Twin Circuit for tandem drift rides, showcasing Japan's drifting culture. Reservations open May 27, 2026, for this unique opportunity.

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news in one place.

100's of premium titles.
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The Economic Times

'Thought Amazon on my resume was enough': Ex-employee says he's still looking for job 8 months after layoff despite calls from Google, Uber, Agoda & American Express

A former Amazon employee's struggle to find a new job nearly eight months after being laid off in 2025 has highlighted the challenges facing the technology job market. The professional, who shared his experience on Reddit, said he initially received interview calls from major companies such as Google and Uber.…

TechRadar

How fintech designed interoperable systems that actually work

Cross-network payments solved by stablecoins reveal strategies any tech company can adopt for efficiency.

The Economic Times

Minimum wage, social security on the table as global gig work talks begin

Global talks are underway for new rules on platform work. These standards will cover ride-hailing and delivery services. A key debate is minimum wage and benefits for all workers. Transparency in how algorithms manage pay and performance is also being discussed. Nations are divided on the strength of these new…

Barchart

Is Uber Technologies Stock Underperforming the Dow?

Uber Technologies has lagged behind the Dow over the past year, yet Wall Street analysts maintain a strongly optimistic outlook on the stock’s prospects.

The Economic Times

AI costs spiral as firms lose spending control

Companies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Several global firms are now cutting back on AI spending, changing pricing, or rehiring engineers to manage ballooning costs, as AI currently costs more than it saves.

International Business Times

AI Costs Are Forcing Big Companies to Put Limits on Workers: Report

Some of the country's biggest companies are beginning to ration access to AI for employers, track their usage more aggressively, and steer tem toward cheaper tools as costs rise faster than expected.

The Independent UK

‘For that fare, do I get to keep the taxi?’ Readers’ tales of extortionate rides around the world

Exclusive: After Natalie Wilson of The Independent was quoted €1,000 for a two-hour journey in Italy, others came forward with similar tales of ambitious cab fares

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