Uber is not developing autonomous vehicles on its own but is strategically partnering with innovators in the field. This approach allows Uber to avoid heavy research and development expenses while still benefiting from the rise of autonomous technology. Contrary to common skepticism, Uber's business model is adaptable and can profit regardless of who supplies the vehicles. The company is positioned to thrive as autonomous vehicles become more prevalent, shifting the narrative from disruption to opportunity.
Tesla's stock rose 4% following Slovenia's approval of its Full Self-Driving system and the launch of the Cybercab, a vehicle designed for autonomous ride-hailing. This progress threatens Uber, whose shares fell 4%, despite strong Q2 2026 results sho...
Uber's profits doubled and free cash flow surpassed $10 billion, yet its stock price remains flat and down over the past year. The market appears to be pricing in risks from autonomous vehicle rivals like Waymo, which could disrupt Uber's dominance i...
Travis Kalanick, Uber's co-founder, is preparing to return to the ride-hailing industry through his new startup, Atoms, which focuses on robotaxi technology. Atoms recently secured $1.7 billion in funding and is recruiting autonomous vehicle engineer...
Walmart is launching delivery of Dunkin' products from its stores and plans to expand to most Dunkin' locations nationwide, competing directly with food delivery services like Uber Eats and DoorDash. This move builds on Walmart's existing Subway deli...
Job openings in the U.S. reached 7.27 million in July 2026, the highest since May, yet payrolls declined by about 23,000 jobs, mainly due to a hiring freeze for workers aged 22 to 25. AI adoption is reshaping the labor market by reducing entry-level ...
