Uber and drone startup partner to hit 1 million deliveries a day in next 3 years Drones will deliver Uber Eats orders to doorsteps within a couple of minutes The Independent UK · Aug 17
Home Depot Could Swing $14.6 Billion After Earnings Earnings are set to hit the tape on Tuesday, and options markets are already drawing the battle lines on how far these stocks could swing once results and guidance land, according to Benzinga Pro. Benzinga · Aug 17
Argenx’s Next Blockbuster? Stock Jumps 12% After Phase 3 Myositis Trial Hits Key Goal Argenx SE (NASDAQ:ARGX) stock jumped about 12% in Monday’s premarket trading after the company reported positive topline results from its Phase 3 ALKIVIA study. Benzinga · Aug 17
Weekend Round-Up: Uber's Japan Expansion, Ford's Production Shift and More This week was buzzing with news from the tech and auto industries. From Uber’s expansion in Japan to Ford’s production shift, there was no shortage of headlines. Here’s a quick recap of the top stories. Benzinga · Aug 16
Delivery drivers will get minimum wage in Australia’s ‘world-first’ deal. Is it fair – and will Uber Eats cost more? A closer look at the new rules for gig workers – agreed to by Uber Eats and Doordash – shows ‘minimum wage’ looks a little different than usual The Guardian - AU · Aug 15
Consumer Tech (Aug 10-14): Trump Faces Federal Lawsuits, Apple & Alibaba To Create AI Model For China & More Ukraine’s military intelligence service is warning that Russia is accelerating deployment of its planned Rassvet low-Earth-orbit satellite constellation, which could eventually provide Moscow with Starlink-like battlefield connectivity. Benzinga · Aug 15
India’s ride-hailing industry weighs zero commission as drivers eye Rs 1.36 lakh more New research suggests ride-hailing drivers could earn significantly more annually. This shift is driven by open digital networks and zero-commission models. The current commission structure leaves drivers and passengers with fewer benefits. Tax law interpretation for new models creates market uncertainty for operators. Policy changes could accelerate this transition for… The Economic Times · Aug 14
Uber Is Bringing Thousands Of Chinese Robotaxis To Europe As Its Driverless Push Gets Bigger The expansion follows the March launch of a commercial robotaxi service in Zagreb involving Uber, Pony.ai and Croatian autonomous-driving company Verne. International Business Times · Aug 14
AI Circus simplifies the world of AI: Like Amazon to shopping - Uber to car travel With AI evolving at an unprecedented rate, navigating the available resources can be daunting for everyday users and businesses alike. AI Circus seeks to address this challenge by offering a consolidated platform where multiple AI models, solutions, and stakeholders converge. Similar to how Amazon transformed online shopping, this platform features… The Economic Times · Aug 14
Uber and China’s Pony AI to launch over 2,000 robotaxis across Europe The expanded partnership with blend a mobility platform, fleet management capacity and autonomous driving technology. Euronews · Aug 14
Dara Khosrowshahi Hails Uber's Japan Robotaxi Expansion, Says Country Has Been a 'Terrific' Market for the Ride-Hailing Giant Uber Technologies Inc. (NYSE:UBER) CEO Dara Khosrowshahi hailed the expansion of the ride-hailing giant’s Robotaxi exploits in Japan as the global autonomous driving race heats up. Benzinga · Aug 14
Behind the Uber-Rapido merger talks; Honasa’s strong Q1 report Happy Friday! Uber and Rapido explored combining their India ride-hailing operations in May, sources told us. This and more in today’s ETtech Morning Dispatch. The Economic Times · Aug 14
This matchmaker went viral when her $35,000 client took a date to a soft pretzel restaurant—but he wasn't subject to the ‘bald tax’ or the ‘short tax’ Because of a fixation on tall men, some shorter or bald men have to pay this viral matchmaker a tax because it involves more work on her behalf. Fortune · Aug 13
After Years-Long Battle, California Rideshare Drivers Win Certification. Can They Win a Contract? If Uber and Lyft resort to the stalling tactics corporations commonly use to block higher pay and better working conditions, gig workers will still have a fight on their hands. Capital & Main · Aug 13
The Economic Times · Aug 13 Uber rolls out bike taxi services in seven more cities of West Bengal Uber has launched its bike taxi services in seven new West Bengal cities. These new locations include Asansol and Kharagpur, among others. The service offers affordable short-distance travel and last-mile connectivity options. Local drivers will also find flexible earning opportunities through this expansion. This move is part of Uber's larger…
Benzinga · Aug 12 Uber Sells Serve Robotics Stake, Catches Company Off Guard: ‘Differing Views’ Sour Partnership Serve Robotics (NASDAQ:SERV) investors were already nursing loss after disappointing quarterly financial results. Another blow came days later when long0time Uber Technologies (NYSE:UBER) dumped its entire stake in the autonomous delivery robot company.
Barchart · Aug 12 Joby Aviation Makes Push Into Defense With $500 Million Acquisition. What It Means for JOBY Stock. Joby's new purchase will be carried out through a stock and cash deal.
The Economic Times · Aug 12 Logistics platform Porter logs Rs 229 crore in profit for FY26 as revenue rises Porter’s operating revenue rose 54% to Rs 6,649 crore in FY26, marking its fifth consecutive year of over 50% growth. Net profit nearly quadrupled to Rs 229 crore, while Ebitda more than tripled to Rs 159 crore. The company, which is backed by investors such as Kedaara Capital and Wellington…
The Economic Times · Aug 12 Uber takes bike taxis to 100 more cities in India as Rapido rivalry intensifies The expansion, spread across 18 states and one Union territory, will initially be driven by Uber Bike, the company’s two-wheeler offering. The new markets include Jammu, Tirunelveli, Silchar and Jamnagar, among others.
The Conversation · Aug 12 From Monday, food delivery workers will get minimum hourly pay. Here’s why it matters From next Monday, August 17, thousands of food delivery workers across Australia will benefit from new workplace protections – including new minimum hourly rates of pay.
Benzinga · Aug 11 Nebius Earnings Preview: Michael Burry Is Short but Prediction Markets See Nvidia, Meta Taking Center Stage Michael Burry is short Nebius Group N.V. (NASDAQ:NBIS) at $211.77, describing his latest bearish bets as “a bit like shooting fish in a barrel.”
Tom’s Guide · Aug 10 Flock reportedly planned to co-opt Uber and Lyft vehicles to expand its surveillance network Flock planned to partner with Nexar to turn dash cams in Uber and Lyft vehicles into mobile license plate readers, leaked documents show.
Benzinga · Aug 10 Scott Bessent Says America's 'K-Shaped' Economy Is Dead, But Robert Reich Fires Back With a McDonald's Warning: 'Very Much Alive, Even CEOs are Admitting It's a Problem' Treasury Secretary Scott Bessent says the U.S. economy is moving beyond the K-shaped divide, but economists and corporate leaders continue to offer mixed views on the health of American consumers.
Fortune · Aug 9 Corcoran Group CEO says Gen Z's housing market struggles mirror what boomers faced 30 years ago: ‘Stop buying Starbucks coffee,' she advises From skipping coffee runs to hosting dinner clubs, Corcoran Group CEO Pamela Liebman has one message for Gen Z: Getting your first home takes sacrifices—but it’s doable, even in today’s pricey market.
Benzinga · Aug 9 Weekend Round-Up: Uber's Earnings Dip, Ford's New EV, Lyft's Mixed Results, Joby Aviation's Revenue Surge And Lucid's Q2 Miss This week was a rollercoaster ride for the market, with major companies like Uber Technologies, Ford Motor, Lyft, Joby Aviation and Lucid Group making headlines. From earnings misses to new product launches, here’s a quick recap of the top stories.