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The Latest Breaking News from Uber

Need A Lyft For Your Portfolio? This Analyst Says Rideshare Stock Could Double As It Chases Down Uber

Analysts have highlighted a buying opportunity in shares of Lyft Inc (NASDAQ: LYFT) driven by multiple catalysts paired with overly negative sentiment, creating a favorable risk-reward setup.

Benzinga

Should Tucker Carlson Have Protected Ye From Himself?

Plus: Supreme Court won't consider right of fetus to bring lawsuit, Biden's bid to reclassify gig workers, and more...

Reason

Taxi aggregators in Bengaluru continue auto services overlooking Transport Department order

Taxi aggregators were asked to stop services with effect from Wednesday. They are planning to approach court seeking stay on department action, say officials

The Hindu

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No mobile app-based auto services till aggregators receive licences, says Transport Commissioner

They will have to stop plying from today, says official

The Hindu

Labor Department proposal could change gig worker and company rules

The U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees.

WEKU

What Are Whales Doing With Uber Technologies

Someone with a lot of money to spend has taken a bearish stance on Uber Technologies (NYSE:UBER). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Horrible bosses: how algorithm managers are taking over the office

The 1999 cult classic film Office Space depicts Peter’s dreary life as a cubicle-dwelling software engineer. Every Friday, Peter tries to avoid his boss and the dreaded words: “I’m going to need you to go ahead and come in tomorrow.”

The Conversation

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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

Man charged €40,000 for a short taxi ride after drunken night out

The journey should have cost him €12 but the destination was accidentally set to Australia

Irish Mirror

RIP: A Bloke In The UK Mistakenly Paid $61K For An Uber After The Address Was Set To ‘Australia’

Tobias! Did you accept a $61,000 Uber from the UK?

Pedestrian.tv

Ola, Uber autos to be seized

Bengaluru

The Hindu

NSW Labor to give rights to gig workers

A Labor plan would see the introduction of a workers compensation benefits scheme for NSW gig workers similar to one other employees can already access.

AAP

Uber passenger, 22, charged £35,000 for four-mile trip

"When I woke up hungover the next morning, the last thing I expected was a charge of over £35,000!"

Manchester Evening News

Proposition 30 has Calif. voters deciding on a tax for zero-emission vehicles. What you need to know

LOS ANGELES — On its face, Proposition 30 is simple enough: Raise taxes on the richest Californians. Pull in $30 billion to $90 billion over the next 20 years. Use 80% of the money to subsidize electric vehicles and charging stations, and 20% for wildfire suppression and prevention.

Los Angeles Times

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Daily Record

Man left shocked after being charged over £35,000 for 15-minute Uber ride

Oliver Kaplan discovered the morning after his supposed £10 taxi journey that Uber had attempted to take £35,427,97 from him, after his destination stop was accidentally set to Australia.

InsideEVs

Motional's Ioniq 5 Robotaxis To Offer Uber Rides In The US This Year

At launch, the service will be deployed in cities across the US, with Uber expected to offer the first trips in self-driving Motional EVs later this year.

Wales Online

Man charged £35,000 for a 15-minute Uber journey after destination blunder

Oliver Kaplan travelled just four miles but he was billed for a trip to Australia

The Independent UK

Man charged £35,000 for 15-minute Uber journey

Oliver Kaplan, 22, got more than he bargained for when he ordered a ride to go and meet some friends for a drink

Get all your
news in one place.

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Daily Mirror

Man's horror at being charged £35,000 for a four mile, 15-minute Uber ride

Oliver Kaplan, 22, had finished work and was going to meet some friends for a drink so he decided to order an Uber - but he was stunned when he received a bill for over £35,000

WEKU

Here's what Elon Musk will likely do with Twitter if he buys it

Musk says he'd loosen rules against spreading misinformation, allow former President Donald Trump back on Twitter, shake up the company's business model and find new revenue sources.

The Guardian - UK

Politicians, business titans, hear this: we don’t need any more of your ‘disruption’

Beloved by policy wonks and embraced this week by Liz Truss, what began as dry business theory has become the plague of our lives, says author Stefan Stern

Wales Online

Uber offering £250k to 25 restaurants owned by people from minority backgrounds

At least half of the grants will go to small businesses outside of London

Motor1

Uber To Add Motional Autonomous Vehicles To Fleet For Rides, Food

The cars will begin completing trips by the end of the year.

Tribune News Service

Ex-Uber chief security officer pleads guilty to covering up 2016 data breach

SAN FRANCISCO – The ex-chief security officer of Uber Technologies Inc. has been convicted of covering up a 2016 data breach involving 57 million of the San Francisco-based ride-hailing company’s users, according to the U.S. Attorney’s Office.

The Hindu

Karnataka Transport Department issues notices to Ola, Uber, and Rapido for charging exorbitant fares for auto rides

Bengaluru

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