Uber Technologies Inc.
Coverage of Uber Technologies Inc. in the Nexus archive.
- Uber board sued over alleged failure to address sexual abuse by drivers
A group of shareholders sued Uber Technologies management and directors, alleging they ignored warnings about the company's failure to address sexual abuse by drivers. Uber's spokesperson claims the lawsuit overlooks key facts.
- SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
SpaceX aims for a $1.77 trillion valuation through a $135 per share IPO, surpassing previous records set by Alibaba and Facebook. The IPO could make Elon Musk a trillionaire and thousands of employees millionaires, following a $75 billion funding round.
- Uber Proposes Delivery Hero Takeover at $11.6B Valuation
Uber Technologies Inc. has proposed a takeover of Delivery Hero Holding AG at an $11.6 billion valuation. The move signals Uber's expansion into the food delivery and logistics sector through strategic acquisition.
- Ubers COO says its getting harder to justify the money spent on AI tokenmaxxing
Uber's COO, Andrew Macdonald, stated that justifying the financial investment in AI 'tokenmaxxing' has become increasingly challenging. The comment reflects growing concerns about the cost-effectiveness of AI strategies in corporate operations.
- Delivery Hero Says Uber Proposed €33 a Share Takeover Bid
Uber Technologies Inc. is acquiring Foodpanda's business in Taiwan for $950 million. Additionally, Uber proposed a €33 per share takeover bid for Delivery Hero SE, the parent company of Foodpanda.
- Lyft to Buy Gett’s UK Taxi Business, Marking Its Third International Acquisition
Lyft is acquiring Gett's UK taxi business, marking its third international acquisition. Gett Inc., based in Tel Aviv, is also paying $200 million to acquire Juno, a New York-based ride-hailing startup known for offering better pay and stock to drivers.
- Nobody Got Fired for Uber's $8M Ledger Mistake?
Uber faced scrutiny over an $8 million accounting error in its ledger, with questions raised about why no employees were held accountable for the mistake. The article highlights concerns about corporate responsibility and internal oversight at the company.
- Uber will now pick up your returns from your doorstep
Uber has introduced a new returns service that allows users to return items directly from their doorstep. This feature is part of the company's strategy to expand its app into an 'everything app,' offering a wide range of services beyond ride-hailing.