Tag: Uber Technologies Inc.

WeWork debuts on the public markets after SPAC merger, stock up in early trading

More than two years after its failed IPO, WeWork began trading publicly on the New York Stock Exchange on Thursday, with shares up about 4% after merging with a special purpose acquisition company. The office-leasing company scrapped plans for an IPO in 2019 after investors raised concerns over its business model and corporate governance and […]

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Brits using Uber and other taxi apps face long wait times and fare hikes amid a driver shortage

In this photo illustration the Uber logo is displayed on a phone in front of Tower Bridge on November 25, 2019 in London, England. Peter Summers | Getty Images LONDON — Hailing a ride on apps like Uber and Bolt is now almost impossible at certain times of the day in parts of the U.K. […]

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Walmart to test self-driving cars in multiple cities with Ford and Argo AI

Ford Motor plans to launch its self-driving vehicle businesses in 2022 with vehicles based on its Escape Hybrid crossover. Ford Walmart is expanding its self-driving vehicle program to include Ford Motor and Argo AI, an autonomous car start-up backed by the automaker. The companies said Wednesday that the collaboration will use Ford Escape hybrids with […]

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Salesforce offers to relocate employees and their families after Texas abortion law goes into effect

Marc Benioff, Chairman and CEO of Salesforce.com speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galica | CNBC Salesforce told thousands of employees in a Slack message on Friday that if they and their families are concerned about the ability to access reproductive care in the wake of Texas’ aggressive […]

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DoorDash, Grubhub and Uber sue NYC over bill that limits how much they can charge restaurants

Delivery man riding by a posted sign with safety instructions at Bushwick Avenue. NYPD closed major streets to vehicular traffic in Bushwick during the day allowing people to properly exercise social distancing while walking in the streets during the pandemic. Erik McGregor | Getty Images DoorDash, Grubhub and Uber Eats filed a lawsuit against the […]

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Lyft will cover legal fees for drivers sued under Texas abortion law

Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Lyft said Friday it would cover legal fees for drivers on its platform who are sued under Texas’ restrictive abortion law that went into effect this week. The […]

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