Ride-hailing firm Uber has offered more than 1 billion euros to buy Daimler and BMW’s joint mobility services company Freenow, Manager Magazin said on Wednesday. While Daimler is ready to sell, BMW’s Chief Executive Oliver Zipse is wavering about selling up, and is instead open to offering Uber a stake, Manager Magazin added.
Uber has won a legal bid to restore its London operating licence which was taken away over safety concerns, after a judge ruled on Monday that the company was a fit and proper operator despite “historical failings”. Transport for London (TfL) refused to grant the Silicon Valley-based company a new licence in 2019 due to… Read More Uber wins legal battle to restore London operating license
Uber said on Thursday it was buying the British tech company Autocab, which sells booking and dispatch software to private hire firms, in a move that will allow the taxi app to reach customers where it does not currently operate. The Silicon Valley-based firm said the acquisition will allow it to link people who open… Read More Uber set to acquire British tech firm Autocab
Uber Technologies Inc on Thursday announced the acquisition of transit software provider Routematch, marking the ride-hailing company’s latest move toward expanding its business with public transportation agencies. Uber, which has gradually deepened its collaboration with agencies over recent years, last month announced its first software-based transit deal with an agency in the San Francisco Bay… Read More Uber acquires public transit software company Routematch
Uber Technologies Inc on Wednesday extended indefinitely a requirement for drivers and riders on its platform to wear a face covering or mask and launched a new campaign video to educate users about the policy. The company began requiring masks on May 18 and on Wednesday extended the policy, which was originally slated to run… Read More Uber issues indefinite extension of mask requirement for drivers and riders
Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates its ride-hailing business. The company said the layoffs included its customer support and recruiting teams, and expects to incur… Read More Uber set to cut 3700 jobs, waive CEO base salary
Uber Technologies Inc on Thursday said it plans to ship millions of face masks to its active drivers and food delivery people around the world to help prevent the spread of the novel coronavirus. The ride-hailing company’s vice president of safety and insurance, Gus Fuldner, in a company blog post also said Uber plans to… Read More Uber set to ship millions of face masks to drivers, delivery people in fight against coronavirus
France’s top court has recognized the right of an Uber driver to be considered an employee, a ruling that could upend the U.S. firm’s business model and potentially require it to pay more taxes and benefits such as paid holidays. The decision by the Cour de Cassation could also have ramifications for France’s wider “gig… Read More France top court rules in favour of Uber drivers ’employee’ status