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The Latest Breaking News from Uber

Uber says longest-ever passenger journey was from London Heathrow to Loch Lomond

The 422-mile journey took over six hours

The Independent UK

Queenslanders report intimidation and price gouging from taxi and rideshare drivers

The Queensland government is vowing to crack down on rogue operators in the taxi and rideshare industries amid reports of threats and price gouging.

ABC News

Afternoon Update: federal government condemns gas ‘greed’; hundreds evacuated in NSW; Twitter exodus

Ed Husic says industry is ‘tone deaf’ to appeals on energy prices. And Hillsong founder Brian Houston breaks silence

The Guardian - AU

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Tech firms becoming ‘too big to govern’, says Uber whistleblower

Mark MacGann says governments losing battle to regulate big tech and calls for more insiders to expose corruption

The Guardian - UK

Twitter could face crypto makeover, billionaire investor hints

Lisbon (AFP) - Social media platform Twitter could become much more entwined with cryptocurrencies and blockchain in the future, one of the backers of Elon Musk's $44 billion takeover hinted on Wednesday.

AFP

Uber Not Seeing Consumer Slowdown, Analyst More Convinced Of Profitability Target After Q3 Earnings

Rideshare and mobility company Uber Technologies Inc (NYSE: UBER) reported revenue growth of 72% in the third quarter.

Benzinga

Tech summit to hear Uber whistleblower testimony

Lisbon (AFP) - A lobbyist who leaked thousands of compromising documents on Uber will on Wednesday detail his efforts to bring change to one of the world's leading companies at an annual tech summit in Lisbon.

AFP

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Gartner, Sony, Uber And Other Big Gainers From Tuesday

U.S. stocks closed lower on Tuesday, with the Nasdaq Composite dropping around 100 points. Here is the list of some big stocks recording gains in the previous session.

Benzinga

Uber reaches 615 mn pound tax settlement with Britain

New York (AFP) - Uber will pay British authorities 615 million pounds (around $700 million) to settle a tax dispute following a British judicial ruling that classified drivers as workers, the company said Tuesday.

AFP

Uber Eats' cannabis delivery partnership with Leafly is mostly smoke and mirrors

Before 2018, cannabis was illegal in Canada. Now, as of mid-October, Uber Eats can deliver it in Toronto as the result of a partnership with Leafly, an online marketplace for licensed cannabis retailers. This is the first time Uber will deliver cannabis anywhere in the world.

The Conversation

Jon Najarian Doesn't Understand the Uber Hype Post-Earnings

Jon Najarian says he doesn't understand the enthusiasm around Uber after it posted earnings.

The Street

Uber settles VAT claim with HMRC and posts better than expected results

US-based company hands over £615m to UK tax authorities after previously claiming it was exempt from VAT

The Guardian - UK

Hail a Ride With Uber Stock Only If It Stays Above This Key Level

Uber is trading higher on its earnings report. But the stock faces key resistance on the upside, while it tries to hold a level on the downside.

The Street

Uber shares surge as company says consumers still strong

New York (AFP) - Shares of Uber rocketed higher Tuesday after it reported a surge in quarterly revenue and described consumer demand as remaining robust.

AFP

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Investors Business Daily

Stock Market Rally Flops; Fed Pivot At Risk; Uber Up 11%; Will AMD Defy Gravity?

Stock market risk is rising, with Wednesday's rate decision and a final verdict on the Fed pivot from Chair Jerome Powell.

Investors Business Daily

Uber Third-Quarter Revenue Beats Estimates As Stock Soars

Uber stock soared as it reported third-quarter results before the opening bell Tuesday that missed on earnings but beat on revenue.

The Street

What Biden's 'Windfall of War' Mean for Markets As FOMC Meeting Kicks Off

As all eyes begin to turn to the Federal Reserve, watch the latest news on Biden's threat to big oil, earnings from Pfizer and Uber and much more live at 9:30 a.m. ET.

Investors Business Daily

Dow Jones Reverses Lower After Key Economic Data; Pfizer, Uber Jump On Earnings

The Dow Jones Industrial Average reversed lower Tuesday after key economic data. Pfizer and Uber jumped on earnings results.

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The Street

Uber Stock Surges As Q3 Ride Revenues Offset Modest Slide In Delivery Growth

“Even as the macroeconomic environment remains uncertain, Uber’s core business is stronger than ever," said CEO Dara Khosrowshahi.

Tribune News Service

Coalition gears up for lame-duck push to shield online sellers

WASHINGTON — Lobbyists for online merchants and payment platforms and their congressional allies are pressing to raise the threshold that triggers tax reporting for certain sales and services before IRS forms go out to more gig workers and freelancers operating online early next year.

The New Daily

Alan Kohler: The twitterverse bows to the chief twit, Elon Musk

Can Elon Musk convince enough Twitter users to switch where they bank and shop to his newly-acquired platform, asks Alan Kohler.

AAP

100 companies support electric car changes

More than 100 companies are calling for policy changes to put more than one million electric cars on the road by 2027.

The Guardian - UK

Uber hopes to hail new era of stability after a wild 10-year ride

If this week’s results show a profit like last quarter’s, the company may at last be on the road to respectability

Manchester Evening News

Taxi drivers murdered, robbed or attacked as they tried to make an honest living in Greater Manchester

The M.E.N. looks back at a string of shocking cases

Benzinga

Uber Technologies Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bearish stance on Uber Technologies. Looking at options history for Uber Technologies (NYSE:UBER) we detected 10 strange trades.

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