Uber, Khosla and Nvidia invest in autonomous truck startup Waabi

Raquel Urtasun, Founder and CEO of Waabi. Thanks to: Waabi Autonomous trucking startup Waabi announced Tuesday that it has raised $200 million in an oversubscribed Series B funding round led…

  • Business
  • June 11, 2024
  • 19 views
  • 2 minutes Read
Uber loses California labor law lawsuit

A federal appeals court in California ruled that Uber's challenge to a state law aimed at turning trucking workers into employees rather than independent contractors cannot proceed, dealing the tech…

  • Business
  • June 10, 2024
  • 18 views
  • 4 minutes Read
9th Circuit says California rules for Uber are justified

A California law that classifies Uber and other taxi drivers and delivery workers as employees rather than independent contractors is constitutional, the U.S. 9th Circuit Court of Appeals ruled Monday.…

  • Business
  • May 21, 2024
  • 24 views
  • 4 minutes Read
California Supreme Court hears oral arguments on Uber, Lyft-backed Prop. 22

The California Supreme Court will hear arguments Tuesday on the constitutionality of Proposition 22, the voter-approved law that classifies drivers who work in the gig economy as independent contractors rather…

  • Business
  • May 21, 2024
  • 23 views
  • 5 minutes Read
Uber and Lyft say they won't leave Minnesota after all — and drivers are getting a raise

ST. PAUL, Minn. — Taxi companies Uber and Lyft said Monday they will continue to operate in Minnesota now that state lawmakers passed a measure that will increase driver pay,…

  • Business
  • May 20, 2024
  • 24 views
  • 2 minutes Read
Uber drivers offered significant discounts on Kia electric cars

Londoners used to seeing their Uber drivers in Toyota Priuses will soon see them driving electric Kias instead, as Uber is set to offer more than 35,000 of its London…

  • Business
  • May 20, 2024
  • 21 views
  • 2 minutes Read
Uber and Lyft pledge to stay in Minnesota after the wage compromise is passed by the Legislature

Rideshare companies Uber and Lyft announced they will continue operating in Minnesota after the state Legislature passed a compromise bill on driver compensation on Sunday, overriding a measure in the…

  • Business
  • May 19, 2024
  • 22 views
  • 2 minutes Read
Plan to increase pay for Uber and Lyft drivers in Minnesota advances in state legislature

ST. PAUL, Minn. — A plan to raise wages for Uber and Lyft drivers in Minnesota, which lawmakers believe would keep the companies from leaving the market, was introduced in…

DFL leaders Gov. Tim Walz say they have a deal to pay drivers more and let Uber and Lyft operate in Minnesota after threats to leave

Lawmakers reach deal on rideshare operations in Minnesota Lawmakers reach deal on rideshare operations in Minnesota 02:10 ST. PAUL, Minn. — Democrats in charge of the Minnesota Legislature and DFL…

Uber will acquire the Taiwanese branch of Foodpanda from Delivery Hero for $950 million in cash

Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero's Foodpanda for $950 million in cash. The deal is part of Uber Eats' strategy to expand…