Tag: uber
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Uber and AI-firm Wayve launch London’s first robotaxis
LONDON, Sept 3 : Uber launched autonomous rides in London on Thursday using AI technology developed by Britain’s Wayve, making the city the second in Europe after Zagreb where the company offers robotaxis. Here are more details: • Initially a licensed operator will be on board to monitor the c
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Uber shuts operations in Nigeria and Uganda with immediate effect
Nigeria – Africa’s most populous country – is proving a tough market for ride-hailing services.
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Uber to cut 3,300 jobs in overhaul, Bloomberg News reports
Sept 2 : Uber Technologies will cut 3,300 jobs or roughly 10 per cent of its global workforce as part of an overhaul, as the company looks to reduce the number of managers, Bloomberg News reported on Wednesday.
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Exclusive-Dutch regulator fines Uber $966 million for automating driver suspensions
AMSTERDAM, Aug 21 : The Dutch Data Protection Authority has fined Uber €825 million ($966 million) for deactivating driver accounts through automated systems without adequately informing them, according to an August 17 decision reviewed by Reuters.The penalty would be the second-largest issued yet under Eur
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Exclusive-Dutch regulator fines Uber $966 million for automating driver suspensions, document shows
AMSTERDAM, Aug 21 : The Dutch Data Protection Authority (AP) has decided to fine Uber €825 million ($966 million) under European data protection rules for deactivating driver accounts through automated systems without adequately informing them, according to an August 17 decision reviewed by Reuters.The pena
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Uber launches autonomous rides in Zagreb, its first in Europe
Aug 19 : Uber, Verne and Pony.ai said on Wednesday they had launched autonomous rides in Zagreb, making the Croatian capital the first European city where users can book a self-driving vehicle through Uber’s app.Here are more details:• Currently, riders can book robotaxis in key areas in Zagreb, inc
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Uber, Zipline partner on US drone delivery for Uber Eats
Aug 17 : Uber Technologies and Zipline announced a partnership on Monday to bring autonomous drone delivery to Uber Eats customers across the United States.The tie-up was accompanied by Uber making a strategic investment in the drone delivery company. • The companies said they aim to reach 1 m
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Uber Freight says its investigating cyber incident following hacker claims
Aug 11 : Uber Freight is investigating a data security incident involving unauthorized access to a portion of its systems and repositories, a company spokesperson said on Tuesday. There has been “no impact to Uber Freight’s business operations, which continue in the normal course without disruption,” spokesp
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Uber doubles down on robotaxi plans, shares fall on weak profit forecast
Aug 5 : Uber Technologies on Wednesday outlined plans to spend more than $10 billion on robotaxis over the coming years and said Waymo remained an important partner despite reports that the Alphabet unit was considering ending their alliance.Shares of the ride-hailing company fell 4.8 per cent after the compa
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Uber forecasts weak quarterly profit, doubles down on robotaxi investment plans
Aug 5 : Uber Technologies forecast current-quarter adjusted earnings below Wall Street estimates on Wednesday, saying that foreign exchange would trim bookings growth and reaffirming plans to invest heavily in robotaxis and acquisitions.The global ride-hailing and delivery giant’s capital allocation has becom
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