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Uber Technologies Incs warring board members have agreed to investment by SoftBank Group Corp in the ride-services company. (Photo: AFP)

Uber board strikes agreement to pave way for SoftBank investment

The agreement struck on Sunday removed the final obstacle to allowing SoftBank to proceed with an offer to buy to stock.

13 Nov 2017 11:13 AM IST

The deal also signals a shift for Lyft toward a wider set of transportation options in urban centers.

Lyft to launch road show for up to USD 2 billion IPO

Lyft will meet with investors across the United States before pricing the IPO and listing on the Nasdaq at the end of...

18 March 2019 10:44 AM IST

Uber driverless car heads out for a test drive in San Francisco.(File Photo: AP)

Uber not criminally liable in fatal 2018 Arizona self-driving crash -...

The crash involved a Volvo XC90 sports utility vehicle that Uber was using to test self-driving technology.

6 March 2019 2:46 PM IST

Uber India cuts 600 jobs amid coronavirus outbreak. (AFP Photo)

Uber India lays off 600 employees

Uber fired a total of 6,700 employees across the world and with this 25% of its global workforce is now out of job

26 May 2020 1:31 PM IST

Uber on Wednesday said it would lay off 3,700 full-time employees, or roughly 17 percent of its head count. (AFP Photo)

Uber reports massive losses, to lay off 3,700 employees

Uber recorded $3.54 billion in total revenue for the first three months of the year, but still posted a $2.9 billion...

8 May 2020 11:25 AM IST

Uber signals recovery in rides as lockdown restrictions ease. (AFP Photo)

Uber signals recovery in rides as lockdown restrictions ease

Trip requests are now down about 70% from a year earlier, slightly lesser than April's 80% drop

4 Jun 2020 11:27 AM IST

The bug in the Uber software was not a one-off case and had been experienced by other users. (Photo: Representational Image)

Uber resumes self-driving program three days after Arizona crash

Uber wrapped up a brief investigation and cleared its autonomous cars to resume driving in the three cities where it...

28 March 2017 2:56 PM IST

$State lawyers insist that Ubers cars are \autonomous vehicles\ which need the permit to ply public roads.$ Business

Uber in damage control mode, fires 20

Uber fires 20 and hires an Apple marketing executive in a bid to alter its tainted image.

7 Jun 2017 10:41 AM IST

The bug in the Uber software was not a one-off case and had been experienced by other users. (Photo: Representational Image)

Uber board adopts all recommendations from Eric Holder investigation

The recommendations will be released to Uber employees on Tuesday, said the representative, who declined to be...

12 Jun 2017 9:59 PM IST

Ubers self-driving cars - despite their name - are not capable of driving without active physical control or monitoring

Uber board adopts all recommendations from Eric Holder investigation

The board's decisions follow a series of public-relations crises for Uber.

12 Jun 2017 12:00 PM IST

The bug in the Uber software was not a one-off case and had been experienced by other users. (Photo: Representational Image)

Uber board to discuss CEO absence, policy changes: source

Uber's board will likely tell employees and the public of its decisions by Tuesday.

11 Jun 2017 6:11 PM IST

The bug in the Uber software was not a one-off case and had been experienced by other users. (Photo: Representational Image)

Probe to find how Uber got Delhi rape victim report

Review will focus in part on accusations from some current and former employees that bribes were involved.

23 Jun 2017 9:17 AM IST