Uber and Wayve are gearing up to launch a robotaxi service in London, allowing Uber customers to join an interest list to increase their chances of riding in a Wayve autonomous vehicle. This move puts Uber in direct competition with Waymo, Alphabet's self-driving leader in the U.S., which is also testing autonomous vehicles in London. Uber will offer robotaxi rides at no extra cost and plans to start with safety operators before fully driverless rides. The launch awaits regulatory approval amid ongoing UK government efforts to create autonomous vehicle regulations.
Uber Freight, the logistics arm of Uber, suffered a cyberattack by the Helix hacking group, which claims to have stolen emails, cloud files, and dispatch documents. Despite the breach, Uber Freight states its business operations remain unaffected and...
California's rideshare drivers for Uber and Lyft are close to forming the world's largest union, the California Gig Workers Union (CGWU), after securing support from at least 30% of active drivers as required by a 2025 law. This law, AB 1340, allows ...
Uber's stock recently dropped close to its 12-month low amid a slight earnings and revenue miss in Q2 2026, causing some bearish sentiment. However, the company reported record free cash flow of over $10 billion and 24% growth in gross bookings, indi...
Uber reported a 22% year-on-year growth in Q2 gross bookings and generated over $10 billion in trailing twelve months free cash flow. The recent $14.8 billion acquisition of Delivery Hero significantly expands Uber's cross-platform market presence to...
Uber Technologies was upgraded to a strong buy due to its robust product innovation, expanding ecosystem, and attractive valuation. The company reported strong Q2 results with adjusted EBITDA up 33% and a margin of 19.8%, indicating improving profita...
