Uber Proposes 6% Pay Cut for NYC Drivers
The company wants the city’s Taxi and Limousine Commission, which sets minimum driver pay, to reduce the per-mile rate in its driver pay formula by 6.1% to $1.277 from the current $1.360.
Uber Shares Slump on Muted Bookings in US Rides Business
Uber Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit.
CEO Says Uber Will Prioritize Autonomous Safety
Uber Technologies Inc. is prioritizing safety over profits as it develops its autonomous driving fleet, says CEO Dara Khosrowshahi.
Uber to Launch Driverless Rides With Waymo in Austin, Atlanta
Uber Technologies will be the sole supplier of driverless rides on Alphabet’s Waymo cars in Austin and Atlanta, a boost to the rideshare app’s ambitions in the autonomous vehicle arena.
Uber Invests in Self-Driving Software Firm Wayve
Uber Technologies is making a strategic investment in U.K.-based autonomous driving software provider Wayve Technologies.
Uber Hires Ex-Tesla Charger Executive to Oversee EV Shift
Uber Technologies hired former Tesla Inc. executive Rebecca Tinucci to oversee the ride-hailing platform’s shift to electric vehicles.
Uber Beats Expectations as Rideshare Demand Remains Strong
Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.
Uber Partners With BYD on Putting Drivers Into 100,000 EVs
Uber will team up with BYD to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the U.S.
EV Taxi Startup Revel to Lay Off Drivers for Gig Model
Revel Transit, the New York-based electric vehicle ride-hailing startup, plans to lay off its driver employees and operate a gig-work model more akin to rivals Uber and Lyft.
Uber to Launch Shuttle Buses at Airports, Concert Venues
Uber Technologies is launching shuttle bus services to and from airports, concert venues and sports stadiums, bringing a lower-cost service already available overseas to the U.S.