Uber Raises $1 Bn From Microsoft, Times Internet; Valuation Reaches $51 Bn

Microsoft has also recently sold its map-generating technology to the ride-hailing app. As part ... Uber has exceeded the private company venture funding record set by Facebook; Facebook reached a ... Read More

Why Uber won

Well, to indulge in a bit of business jargon, people wanted Uber because Washington’s cabs ... triggering surge pricing. News of the surge-pricing scam broke shortly after the strike ... Read More

The Uber IPO Is a Landmark

So no part of the operation is a high-margin business, and yet Uber keeps growing and growing and growing. And, of course, Uber will raise something like $10 billion from its IPO. Uber almost ... Read More

Microsoft stock jumps thanks to its AI and cloud business

Software maker Microsoft reported strong third-quarter earnings on Thursday, led in part by its AI technology and cloud businesses, it said in a statement. Read More

uber technologies inc.

Uber launched its new service called Uber Car ... Lyft CEO David Risher talks with FOX Business about the people who have been a big influence in his life and the lessons he learned from Bill ... Read More

Uber Sets IPO Price Range to Value Group at Between $80 Billion and $90 Billion

Uber Technologies set the indicative price of its planned IPO that would value the ride-sharing group at around $85 billion ... shares in the range of $44 to $50 each, according to documents ... Read More

Uber Steers $3.1 Billion Careem Deal as Implied Value Gains Ahead of Planned IPO

Uber Technologies snapped-up middle east ride-sharing rival Careem Tuesday in a $3.1 billion deal ahead of its stock market listing that could value the ... this fast-moving part of the world ... Read More

How Uber Makes Money

She has worked in multiple cities covering breaking news ... Uber’s largest source of revenue and profits is its Mobility business. Uber announced its inaugural share repurchase program of $7 ... Read More

As a May 1st pullout deadline for Uber and Lyft approaches, drivers and startups try to adapt

He says he works between 40-50 hours a week and makes between ... But – he wants to keep driving part-time. “If Lyft and Uber were to leave and if the driver co-op were to get implemented ... Read More

Uber’s garbage year somehow gets even worse

but the move may negatively effect Uber’s ability to conduct business in Taiwan. More pressingly, having assets frozen by the government looks bad as hell. Then there’s the Spotify rumor. Read More

These are weirdest things Uber passengers left behind last year

If you've left your phone behind, however, you can access your Uber account from a computer and contact your driver through its app. Here are the 50 most unique items left behind in Uber vehicles ... Read More

Teens assault, attempt to rob Uber driver at gunpoint while filming attack

A group of teens attacked an Uber driving while filming him, breaking his nose and gashing his head. The brazen kids — who appear to be between 11 and 17 years old — recorded the Brooklyn ... Read More