Uber Says Growth Strong As It Gives A Peek At Earnings

Uber on Friday provided a glimpse at its earnings, saying it is growing strong while working to overhaul company culture at the scandal-dented on-demand ride service. “We’re fortunate to have a healthy and growing business, giving us the room to make the changes we know are needed on management and accountability, our culture and organization, … Read more

Uber Reboots In Taiwan With Scaled-Back Ride-Hailing Service

Uber relaunched in Taiwan with a limited version of its ride-hailing service Thursday, as the scandal-hit firm struggles to get back on the road in the nation after regulatory wrangling with the government. The ride-share smartphone app, which has faced a barrage of regulatory challenges around the world as well as a slew of recent … Read more

Uber Partners Old Mutual To Help Drivers Earn, Learn and Save

Uber and Old Mutual have come together to take drivers in Accra, Lagos and Nairobi through a money management course. The course forms part of the Global Money Week celebrations and is being organised with the theme “Learn. Save. Earn.” Drivers who will be a part of the course will be empowered with the skills … Read more

MTN Partners Uber To Offer Free Ride To Subcribers

Ghana’s leading telecommunications service provider, MTN, has announced a partnership agreement with Uber Ghana to offer free rides for MTN customers. Through this partnership, MTN subscribers will enjoy two free rides with Uber, with each ride capped at GH? 15.00. MTN subscribers will be notified to download the Uber App onto their phones and register. … Read more

Lyft Rollsout ‘fixed Route’ Carpool Service To Take On Busses

Forget Uber, Lyft has its sights set on a new competitor – buses. The ride-hailing app is introducing a pilot program in San Francisco and Chicago that mirrors the bus service model with fixed routes and flat rates. Called Shuttle, users walk to predetermined pick-up points, rather than meeting the driver at their exact location, … Read more

Uber To End Services In Denmark Over Taxi Law

Ride-hailing group Uber Technologies [UBER. UL] will withdraw services in Denmark next month due to a taxi law that sets out new requirements for drivers such as mandatory fare meters, the company said on Tuesday. Uber has faced headwinds since its app went online in Denmark in 2014 as local taxi driver unions, companies and … Read more

Uber Putting Self-Driving Cars Back On the Road

Uber on Monday said its self-driving cars were being put back in action on roads after a weekend crash prompted the ridesharing giant to halt testing. Self-driving Uber cars went back to work in San Francisco in the morning there and were to return to streets in Arizona and Pennsylvania later in the day, Uber … Read more

Uber Suspends Self-Driving Cars After Arizona Crash

Uber has pulled its self-driving cars from the roads after an accident which left one of the vehicles on its side. Pictures posted online showed the car on its right side on an Arizona street, next to another badly damaged vehicle. The car – a Volvo SUV – was in self-driving mode at the time … Read more

Uber Grounds Self-Driving Cars After Accident

Uber has grounded its fleet of self-driving cars pending an investigation into the crash of an Uber vehicle in Arizona, a spokesperson for the car-hailing service said Sunday. No one was seriously injured in the accident which occurred Friday in Tempe, Arizona while the vehicle was in self-driving mode, the company said. “We are continuing … Read more

Uber Chief Remains In Driver’s Seat On Road To Change

Uber chief Travis Kalanick will remain in the driver’s seat as the scandal-tainted on-demand ride service tries to plot a friendlier course with workers, riders and drivers. Board member Arianna Huffington joined executives Tuesday to update journalists on efforts to steady the wheel at the San Francisco-based firm, with help from a second in command … Read more

Taxi-Hailing App Grab Hits the Road In Myanmar

Ride-hailing firm Grab launched a trial service in Yangon on Tuesday, becoming the first international company to enter Myanmar and stealing a march on fierce rival Uber in the largely untapped market. The Singapore-based company said it was conducting a trial with a small group of taxi drivers in Myanmar’s largest city and planned to … Read more

Uber President Jeff Jones Steps Down

Uber president Jeff Jones is leaving the company after less than six months. A source at the taxi booking app told the BBC the resignation was “completely unexpected”. They said Mr Jones was frustrated the company was hiring a new chief operating officer and that he was not among the candidates. But according to technology … Read more

Uber President Jeff Jones Steps Down

Uber president Jeff Jones is leaving the company after less than six months. A source at the taxi booking app told the BBC the resignation was “completely unexpected”. They said Mr Jones was frustrated the company was hiring a new chief operating officer and that he was not among the candidates. But according to technology … Read more

Uber President Jones Leaves After Six Months

Ridesharing giant Uber took another hit with the departure of its president, Jeff Jones, after just six months, US media reported on Sunday. Jones’ departure comes after a series of difficulties at Uber, Recode and The Wall Street Journal reported. According to Recode, Jones had voiced dissatisfaction with the company’s strategies. Reached by AFP, Uber … Read more

Uber Stops Using Greyball ‘secret Program’ To Dodge Regulators

Uber says it will ban a secret software tool from being used to evade undercover regulators. The software, called Greyball, seeks to identify officials around the world trying to catch Uber drivers operating illegally. It then denies them service. The ride-hailing firm has been using the tool to secure early access to cities where its … Read more

Uber Stops Using Greyball ‘secret Program’ To Dodge Regulators

Uber says it will ban a secret software tool from being used to evade undercover regulators. The software, called Greyball, seeks to identify officials around the world trying to catch Uber drivers operating illegally. It then denies them service. The ride-hailing firm has been using the tool to secure early access to cities where its … Read more

Uber Seeks A Second-In-Command To Steady the Wheel

Uber on Tuesday began searching for a second-in-command to help embattled chief executive Travis Kalanick steady the wheel at the fast-growing on-demand ride service. “This morning I told the Uber team that we’re actively looking for a chief operating officer; a peer who can partner with me to write the next chapter in our journey,” … Read more

Pressure Mounts On Uber and CEO After Missteps

After a series of embarrassing revelations, ridesharing giant Uber faces challenges in keeping growth on track, with top executive Travis Kalanick likely to face pressure to give up some control. Analysts say Uber’s rocky past month — marred by disclosures about a culture of sexism and its covert use of law enforcement-evading software — underscores … Read more

Uber Uses ‘secret Program’ Greyball To Hide From Regulators

Uber has been using a secret program to prevent undercover regulators from shutting down the taxi-hailing service in cities around the world. The software, called Greyball, sought to identify officials trying to catch its drivers and deny them service, the New York Times reports. Uber has frequently been at odds with governments – and with … Read more

Snap IPO May Lead Pack of Tech ‘unicorns’

After a dearth of technology listings in 2016, Snapchat parent Snap is set for its market debut as early as this week. The initial public offering (IPO) if successful could presage a wave of listings from the sector’s so-called “unicorns” — those with a valuation of at least $1 billion based on private funding sources. … Read more