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The Latest Breaking News from Uber

GST on subscription ride-hailing platforms like Rapido and Bharat Taxi may hit driver earnings: Report

A new report warns that extending GST to subscription-based ride-hailing platforms like Rapido could significantly impact drivers and passengers. The study suggests this move might lower driver earnings, discourage participation, and reduce passenger demand. Drivers prefer predictable costs and greater control, while passengers are price-sensitive. The report advocates for a…

The Economic Times

Looking for Flexible Hours After Retirement: 6 Jobs With Flexible Hours

Nearly 20% of Americans age 65 and older are still in the workforce, and about 38% of those workers have part-time jobs, reflecting a growing...

Saving Advice

Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers

Trump’s excessive trades look like those of an automated, direct indexing, tax-loss harvesting portfolio, not one individual in the know.

Fortune

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Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debut

Uber-backed Lime jumped 8% in its Nasdaq debut, valuing the e-scooter and bike rental company at $1.73 billion. The IPO reflects renewed investor interest in new listings amid volatile markets. Lime, operating in 230+ cities, remains loss-making but benefits from growing urban micromobility demand and Uber partnership support.

The Economic Times

Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case

Waymo's exit from the Uber app in Phoenix sent UBER shares down 4%, but strong cash flows, 50 million Uber One members, and new autonomous partners limit the structural impact.

MarketBeat

‘What If I Was Driving A Camry Or Something?!’: Uber Eats Driver Picks Up Order. Then He Sees What It Is—And Has A Meltdown

'I know you only got a $5 tip on that order.'

Motor1

Dear Future Lime Stock Investors, Mark Your Calendars for July 1

Lime is gearing up for its Nasdaq debut, bringing growth ambitions, financial questions, and plenty for investors to watch.

Barchart

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Andy Burnham's chief of staff in transparency row over Douglas Alexander meeting

Andy Burnham's incoming chief of staff has been linked to a lobbying row over a meeting with Douglas Alexander when he was Trade Minister

The National (Scotland)

Naomi Osaka wows Wimbledon crowd with kimono-inspired outfit

Tennis star wears traditional Japanese dress on first day of tournament, as thousands of spectators show up early to queue

The Guardian - UK

The AI infrastructure boom is bigger than GPUs

AI infrastructure is evolving beyond GPUs into the operational backbone of enterprise business systems.

TechRadar

Amid Improvement in Operating Metrics, Depressed UBER Stock Is Poised for a Comeback

Uber’s commitment to growth is underscored in its diversity of new partnerships.

Barchart

California voters are set to decide on 14 ballot measures this fall

June 25 was the deadline for initiatives and referrals to qualify or be removed from the ballot in California. Voters will be deciding on nine ballot initiatives and five legislative referrals this fall after deals were struck among several opposing sides, resulting in the withdrawal of six measures from the…

Ballotpedia

Uber India head Prabhjeet Singh quits, to join as OpenAI MD

Uber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant growth and strategic shifts, including expanding premium services and launching electric mobility. His departure comes as India is poised to become Uber's largest market globally.

The Economic Times

Two California tax initiatives targeting personal asset taxes and special tax rules qualify for the ballot in challenge to billionaires’ tax initiative

California voters will likely be voting on a slate of competing tax measures in November. The secretary of state reported that two ballot initiatives designed to challenge provisions of the proposed billionaires’ tax initiative qualified for the ballot on June 24. The initiatives are constitutional amendments that would:

Ballotpedia

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International Business Times UK

Nancy Pelosi Discloses Two New Stock Trades: Up to $6 Million in Fresh Options Bets

Nancy Pelosi reveals $6M in Intel and Uber options trades; British investors who mimic her filings face a closing window as her disclosure obligations end in January 2027.

Barchart

NVDA Stock Alert: The Prices of Nvidia’s Chips Could Drop for Some Time Amid Intensifying Competition

Indicators show that the price of the tech giant's chips are sinking.

Fortune

As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever

At Fortune's Fuel Up in Cannes, marketing leaders from Manchester United Football Club, Uber, Kraft Heinz and content creator Gstaad Guy explored how brands can create connections that feel genuine

The Guardian - UK

Why off-duty cops in second jobs ‘kill and die more’ in recession-hit Argentina

Growing number of cases involve police working as rideshare drivers while carrying government-issued guns

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AAP

'Entirely at your mercy': Uber driver jailed for rape

An Uber driver has been jailed for seven years and six months for raping a young female passenger, realising "a common fear" held by women, a judge says.

Reason

Seattle's Sky-High Minimum Wage for Delivery Drivers Has Been a Disaster

"We created a problem and it's our responsibility to fix it," former Seattle City Council President Sara Nelson admitted.

The Economic Times

Uber board sued over alleged 'serial' compliance failures, sexual abuse lawsuits

In a complaint filed in San Francisco federal court, shareholders led by a Detroit pension fund said ‌board members ignored ⁠repeated ⁠internal and external warnings about Uber's alleged failure to address sexual abuse by drivers.

The Economic Times

US stocks: Uber-backed Lime seeks up to $1.66 billion valuation in US IPO

Electric bike and scooter operator Lime is aiming for a valuation of up to $1.66 billion in its US IPO, seeking to raise over $180 million. Despite past losses, the company boasts rapid revenue growth and a global presence. Uber, a key investor, plans to buy shares. This offering will…

The Economic Times

Nestle, Uber among global business leaders to back faster electrification shift

Over 100 global companies, including Nestle and Uber, are urging governments to prioritize electrification in economic strategies. They argue this shift will reduce reliance on volatile fossil fuel costs, enhance energy security, and boost competitiveness. The businesses, with combined revenues of $1.5 trillion, emphasize that clear government policies and faster…

The Economic Times

Lime plans to name Uber as anchor investor in IPO: report

San Francisco-based ⁠startup Lime is backed by Uber Technologies. It filed to go public in the United States in May.

The Guardian - UK

Taxi and Uber rider targeted in suspected anti-Muslim attacks in Edinburgh, say witnesses

White Scottish man, 38, charged after five men were injured in spate of attacks in city on Friday night

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