Uber company headlines, earnings, strategy, leadership, and market-moving business updates.
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The partnership aims to give fleet businesses a financing channel tied to Uber’s platform activity, with Banco Santander supplying the credit capacity and Uber providing access to the customer and operational data flow.
THE APEX TIMES
THE APEX TIMES
A Yahoo Finance market note highlighted Uber Technologies as a heavily held stock and pointed to the company’s robotaxi push as a potential catalyst over the next few months.
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A report from Yahoo Finance says Uber is reducing headcount even as it pushes into larger opportunities, highlighting the human impact of a strategy that depends on sustained growth.
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The ride-hailing company filed legal action in response to New York City rules that, Uber argues, constrain how it manages driver access to its platform.
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Uber has filed a lawsuit against New York City over a newly enacted rule that, according to the rideshare company, restricts its ability to deactivate drivers in a way that violates the U.S. Constitution.
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The ride-hailing company filed suit to stop New York City from enforcing a new measure Uber says would force it to keep certain drivers on its platform.
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The ride-hailing company is moving from lab and limited pilots toward city-based commercial tests, pairing its Uber platform with different autonomous-driving technology partners.
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Shares of Aurora Innovation moved lower after market coverage linked the day’s pressure on autonomous-trucking names to a large block trade from Uber, a rideshare-to-logistics peer increasingly tied to mobility partnerships.
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A Reuters report cited by Yahoo Finance on June 1 highlighted a new Uber collaboration with Israel-based Autobrains, while market commentary elsewhere continues to position Uber as a long-term candidate among NYSE names.
