Tag: uber
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Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
July 15 : Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday.Delivery Hero confirmed it was in advanced negotiations with Uber regarding a potential takeover offer on Tuesday.Here
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Delivery Hero confirms advanced negotiations with Uber over potential takeover offer
July 14 : Delivery Hero said on Tuesday it was in advanced negotiations with Uber Technologies regarding a potential takeover offer, confirming earlier media reports that the U.S. ride-hailing and food-delivery company is pursuing the German group.The statement followed a Bloomberg News report that Uber was i
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Uber in advanced talks on Delivery Hero takeover, Bloomberg News reports
July 14 : Uber Technologies is in advanced talks to acquire German food-delivery company Delivery Hero, Bloomberg News reported on Tuesday, citing people familiar with the matter.The ride-hailing company aims to reach an agreement with Delivery Hero as soon as this week, the report said.A transaction w
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Uber, Waymo end robotaxi partnership in Phoenix
June 29 : Uber and Alphabet’s Waymo have ended their self-driving partnership in Phoenix, Arizona, as the ride-hailing giant prepares to launch a new autonomous vehicle collaboration in the city.Under the partnership struck in 2023, Uber had integrated Waymo’s autonomous vehicles into its ride-hailing and foo
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Uber board sued over alleged ‘serial’ compliance failures, sexual abuse lawsuits
June 22 : Uber Technologies’ board was sued on Monday by shareholders who accused management and directors of letting the ride-sharing company cut corners on compliance, leading to thousands of lawsuits from victims of sexual assault and harassment.In a complaint filed in San Francisco federal court, sharehol
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Turkish competition board approves Uber acquisition of Getir delivery business
ISTANBUL, June 19 : The Turkish Competition Board said on Friday it had approved Uber Technologies Inc.’s acquisition of the delivery arm of Turkey’s Getir from Emirati controlling shareholder Mubadala.”The commitment by Uber Technologies Inc. to invest a total of US$500 million in Turkey is expected to suppo
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Lyft, Uber sue New York City to block driver retention law
NEW YORK, June 11 : Lyft joined Uber Technologies in suing New York City to block a new law they said would force them to keep bad drivers who threaten public and passenger safety on their platforms.The Lyft lawsuit was filed late Wednesday in Manhattan federal court, 24 hours after Uber sued.Both comp
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Uber sues New York City over ‘reckless’ driver protection law
NEW YORK, June 10 : Uber Technologies sued New York City to block enforcement of a new law that it said would unconstitutionally force it to keep drivers it does not want on its platform.In a complaint filed late on Tuesday night, Uber said the law against “wrongful deactivations” would improperly shield driv
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Robotaxis are coming to Europe — and the EU wants to speed things up
France, Germany, Italy and 14 other countries have signed a joint declaration to coordinate autonomous vehicle testing across borders, paving the way for faster adoption of the technology across Europe.
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Uber opens sign-ups for London ‘robotaxis’ ahead of launch ‘in months’
LONDON, June 8 : Uber said its users could sign up from Monday for a chance to ride in London’s first robotaxis powered by AI technology from British start-up Wayve as soon as regulators give the go-ahead for launch, which it expects in the coming months.Autonomous vehicles are a strategic priority for the ri
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