Following the sale announced on Monday, Uber is also investing $400 million in Aurora, which values Aurora at $10 billion

Uber has been seeking options for its autonomous vehicle division, a heavy cash-burning machine, including seeking more outside investment

Ride bookings were dragged down by a slow recovery particularly on the U.S. West Coast, while Europe and the Middle East recovered more steadily, down only 36% from last year

Uber has been working to build mask recognition capability that aims to ensure that driver partners wear masks for their own safety as well as the safety of the passengers

Recently, Uber CEO Dara Khosrowshahi had said the company will close 45 offices globally, and almost all departments will be affected by layoffs

Employees who have been removed include those from marketing, customer and driver support, legal, finance, policy, and business development; Uber had announced to cut 3,000 jobs from its global workforce on May 19

Coronavirus effect: Uber cuts 3,000 jobs as demand tumblesUber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two . Coronavirus has obviously slashed demand for rides. The San Francisco company has cut a quarter of its workforce since the year began, eliminating 3,700 people from the payroll earlier this month. It is trying to rejig its strategy by re-focusing on its core business, moving people and delivering food and groceries, said CEO Dara Khosrow...

Uber estimates it will incur $175 million to $220 million in charges related to the restructuring, including severance, other benefits and office closing costs, according to a federal filing

Uber has acquired more than 20 million face masks and distributed some five million of them to date

Coronavirus impact: Uber CEO Dara Khosrowshahi wrote in an email to employees on Wednesday that the company is freezing hiring. Khosrowshahi said that coronavirus has significantly brought down ridership

All the UberMedic cars being provided to the Delhi government are being fitted with a roof-to-floor plastic sheeting enclosing the driver, thereby limiting the contact with the rider

As per reports, Zomato has acquired the food delivery app by the ride-hailing giant Uber forRs 2,485 crore.

While Swiggy is little ahead of Zomato in the food delivery space, Uber Eats coming onboard with Zomato will surely give it more firepower to stake on Swiggy as the new entity will automatically capture 50-55% market in food delivery business

Kalanick, who helped found Uber in 2009 and once exerted nearly complete control, will depart Uber's board of directors by the end of the year, the company said on Tuesday

The Silicon Valley company has run into regulatory barriers and a backlash in several markets, forcing it to withdraw completely from places such as Copenhagen and Hungary

Maintaining a balance between saving and spending is crucial. When you grow into the sunset years, the capacity to earn diminishes. This is why you must save for the golden years.

Uber CEO Dara Khosrowshahi said that for the newer generation, the dream is not to own a car but the freedom to have any kind of service on demand.

Users will be able to see different transit options of public transport on the app where UberGo, Premier, Pool and Uber auto are showcased

Uber India composes around 2% of Uber's total earnings but constitutes a considerable part of the company's expenses. This makes its India business a target for cost-cutting.

SoftBank managed to muster enough opposition to Neumann in a meeting of We Company's seven-member board on Tuesday to convince him to step down.