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Uber Technologies Inc. (NYSE:UBER) Introduces New feature That Let California Drivers To Set Fares

Uber Technologies Inc. (NYSE:UBER) is piloting a new feature in California, which will give drivers the ability to determine their fares. This is one of the latest moves by the company to ensure drivers are given more autonomy in the wake of the recently introduced gig-economy law in the state. Uber piloting feature at the […]

Uber Technologies Inc (NYSE:UBER) Abides To New AB5 Law In California: Uber Users Need To Pay Computed Price At the End Of The Trip

Uber Technologies Inc (NYSE:UBER) has announced an end to price protection for the trip and making changes to the App adhering to the new law – AB5 in California. As per the new law, the users need to pay the final calculated price at the end of the trip than the estimated price. Californian authorities […]

Hyundai Mtr Co (OTCMKTS:HYMTF) To Build Air Taxis For Uber Technologies Inc (NYSE:UBER): Uber To Demonstrate Elevate In 2020

Hyundai Mtr Co (OTCMKTS:HYMTF) has joined hands with Uber Technologies Inc (NYSE:UBER) to make air taxis a reality. As per the terms of the accord, Hyundai will build air taxis for Uber that could run at a cruise speed of 180 miles per hour and cover a distance of 60 miles. S-A1 will debut at […]

Uber Technologies Inc (NYSE:UBER)’s Ousted CEO And Founder – Travis Kalanick Will Focus On Kitchens

Travis Kalanick, the founder and ousted Chief Executive Officer of Uber Technologies Inc (NYSE:UBER), will step down from the board of directors. He has sold all the shares in two months and mobilized $2.7 billion. Travis said Uber is part of his life for the past decade. It is now time for him to focus […]

Uber Technologies Inc (NYSE:UBER) Agrees For A $4.4 Million Settlement With The US EEOC In A Sexual Discrimination Issue

Uber Technologies Inc (NYSE:UBER) will pay $4.4 million as part of the settlement with the US Equal Employment Opportunity Commission on issues related to sexual discrimination. The Federal agency concluded that the company allowed sexual harassment against those individuals, who informed the authorities about such issues. Sexual harassment victims to receive compensation The Federal Agency […]

Transport Authorities In London Refuses To Renew Uber Technologies Inc (NYSE:UBER)’s License Citing Safety Risks

Uber Technologies Inc (NYSE:UBER) received a setback in London because the transport authorities have not renewed its license. Other than the booked drivers operate thousands of trips in the British Capital, causing safety risks to the passengers. Uber shares decline Uber’s license to operate in London expires on Monday midnight. It is not the first […]

Uber Technologies Inc. (NYSE:UBER) Lays Off Part of Its Global Marketing Team

On Monday The New York Times reported  that taxi hailing services company Uber Technologies Inc. (NYSE:UBER) had laid off close to 400 employees from the global marketing team a week before the company releases its Q2 2019 earnings report. Uber looks to cut on spending The laid off employees are drawn from the company’s 75 […]

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