Tag Archives: Uber

SACRAMENTO — Gov. Gavin Newsom and California lawmakers on Friday announced a landmark deal with Uber and Lyft to allow hundreds of thousands of rideshare drivers to unionize and bargain collectively while still being classified as independent contractors. The compromise between labor unions and the Silicon Valley companies, backed by Newsom, Assembly Speaker Robert Rivas and Senate Pro Tem Mike McGuire, would …

Amazon Just Gave Uber Stock Bad News. Should You Sell UBER Here?  Barchart.com Amazon just made it easier to order fresh food  CNN Amazon Launches Same-Day Fresh Grocery Delivery in 1,000 U.S. Cities  The Wall Street Journal Amazon adds perishable foods to same-day delivery to take on Instacart, Walmart  Reuters Amazon could seize market share and drive down fees with its latest grocery bet  Yahoo …

Uber in talks with banks, private equity firms to fund robotaxi expansion  ReutersView Full Coverage on Google News Source link

Uber Sees Demand Accelerating, Approves $23 Billion Buyback  The Wall Street Journal Uber beats on revenue, announces $20 billion stock buyback  CNBC Uber Boosts Buybacks by $20 Billion After Upbeat Forecast  Bloomberg Uber bets on loyalty program to drive growth, unveils $20 billion buyback plan  Yahoo Finance Uber Stock Falls After Earnings. It’s Brushing Off the Robo-Taxi Threat.  Barron’s Source link

Uber’s gig-worker drivers have some stiff competition from self-driving cars when it comes to productivity. So far, Uber has started offering rides in Waymo‘s autonomous vehicles in Atlanta and Austin. “In both cases, the average Waymo is busier than 99% of our drivers in terms of completed trips per day,” Uber CEO Dara Khosrowshahi said during the company’s earnings call …

Lyft shares struggle to keep up with Uber following mixed results. ‘Comparison is the thief of joy,’ analyst says.  MarketWatch Lyft misses quarterly revenue estimates on competition, weak US travel demand  CNBC Lyft Shares Slide on Weak Sales, Disappointing Ride Totals  Bloomberg.com Lyft breaks records, but soft revenue weighs on shares (LYFT:NASDAQ)  Seeking Alpha Lyft Stock Drops on Revenue Miss  Barron’s Source link

Uber Stock Gains After Earnings. It’s Brushing Off the Robo-Taxi Threat.  Barron’s Uber beats on revenue, announces $20 billion stock buyback  CNBC Uber touts bookings growth and $20 billion buyback, and its stock rises  MarketWatch Uber Boosts Buybacks by $20 Billion After Upbeat Forecast  Bloomberg.com Uber launches $20bn share buyback  Financial Times Source link

Stocks were set to rebound on Wednesday as investors looked past President Donald Trump’s latest tariff threats and more data that pointed to U.S. economic weakness. Futures tracking the Dow Jones Industrial Average rose 169 points, or 0.4%. S&P 500 futures were up 0.3%, and contracts tied to the Nasdaq 100 climbed 0.2%. All three of the blue-chip indexes finished …

If you’re a “phone eats first” type of person, then your foodie photography skills could earn you a few bucks the next time you order on Uber Eats. On Thursday, the food delivery giant announced new initiatives it was rolling out to better support its restaurant partners, including new AI tools to help elevate menu descriptions and photos. The company …

Uber Eats has added a slate of designed to, theoretically, help merchants earn new customers and ease the shopping experience for users. AI-enhanced food images are intended to make dishes more appealing by improving photos uploads. In the , Uber Eats shows an example in which pictures captured very close to the food are transformed into wider field-of-view shots of …