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Tag Archives: Uber

Uber is selling its South East Asia operations to rival Grab

Uber is selling its South East Asia ride-share and food delivery businesses to regional rival Grab. The move marks a further retreat from international operations for Uber, after it sold its China business to local rival Didi Chuxing in 2016. Both firms are describing the deal as a win for both their companies and their passengers. Grab is South East ...

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Egypt ‘bans Uber’ after complaints from taxi drivers

Egypt suspended the licenses of ride-hailing companies Uber and Careem on Tuesday, in a court ruling after taxi drivers sought to shut down the two firms’ operations in the country, judicial sources said. Forty-two Egyptian taxi drivers filed a lawsuit a year ago against U.S.-based Uber and its Dubai-based competitor Careem, arguing they were illegally using private cars as taxis. ...

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Uber halts self-driving car tests after death

Uber said it is suspending self-driving car tests in all North American cities after a fatal accident. A 49-year-old woman was hit by a car and killed as she crossed the street in Tempe, Arizona. While self-driving cars have been involved in multiple accidents, it is thought to be the first time an autonomous car has been involved in a ...

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Uber settles with Waymo on self-driving

Uber and Waymo have reached a settlement over claims Uber stole trade secrets from the self-driving company. As part of the agreement, Uber is giving a 0.34% Uber stake to Waymo, worth approximately $245m (£177m). Uber has also agreed not to use Waymo’s technology in its self-driving cars, though it maintains it never did. Uber’s chief executive, Dara Khosrowshahi, expressed ...

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Uber v Google: Self-drive tech clash heads to court

Two of the biggest players in self-drive technology will meet in a San Francisco courtroom on Monday. Ride-sharing firm Uber is being sued by Waymo, the self-driving company spun out of Google. Uber is accused of stealing and using trade secrets relating to Lidar (light detection and ranging) – one of the technologies that enables an autonomous car to understand ...

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Uber agrees to 20 years of privacy audits to settle FTC charges

Uber has been ordered to introduce tougher measures to protect the privacy of its drivers and their customers, to settle charges brought by a regulator. It also had to agree to have the effectiveness of the stricter controls assessed by an independent auditor every two years for the next 20 years. The charges relate to God View, a software program ...

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Uber founder officially a billionaire

Uber co-founder Travis Kalanick will become a billionaire, after investors agreed to take a large stake in the ride-hailing firm. A consortium led by Japan’s Softbank is buying a chunk of the company from existing shareholders as well as new Uber shares in a $9.3bn (£6.7bn) deal. Mr Kalanick, who stepped down as chief executive in June, is selling $1.4bn ...

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Embrace technology to challenge Uber – Titus Glover urges MMDAs

A deputy Minister for Transport, Daniel Titus-Glover has urged local assemblies to adopt technology in the management of transport within their respective jurisdictions. According to him, the advent of Uber and other taxi-hailing companies presents tough competition that puts traditional taxi businesses at risk, particularly if they fail to embrace technology. Speaking on the Citi Breakfast Show on Wednesday, Titus-Glover ...

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We’re open to partnership with local transport providers – Uber

Ride-hailing app Uber, has declared that it is open to offering its services to “transportation service providers including taxi operators who would like to take advantage of the economic opportunities it can provide.” This comes after the company took part in a stakeholder meeting that was held by the Ministry of Transport of Ghana on January 10. After the meeting, ...

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Uber to introduce limit on drivers’ hours

Uber is introducing a new policy on drivers’ hours across the UK next week, which it says will help to increase safety for drivers and passengers. A licensed driver on its app must take an uninterrupted six-hour break after 10 hours of driving with a passenger or travelling to pick up someone. Drivers who do not take a long enough ...

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