Tag: Uber
17 Results
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Uber’s self-driving unit wins USD 1bn investment from SoftBank and Japanese Toyota
The Japanese car firm said it would also contribute "an additional USD 300 million over the next three years to help cover the costs related to these activities."
April 19, 2019 -
Uber IPO: Ride-sharing major ‘may never make profits’
The company filed for its Initial Public Offering (IPO) on Thursday and would be listed on the New York Stock Exchange (NYSE) under the symbol "UBER"
April 12, 2019 -
Ola starts ride-share services in New Zealand
New Zealand is the third foreign country that Ola is expanding its services to in a span of 10 months, after it launched in Australia in February and the UK in August.
November 7, 2018 -
In Australia, Indian Ola expands to Brisbane, Gold Coast and Canberra
Ola has been already operating in Perth, Sydney and Melbourne since January 2018, and plans to roll out its services in Adelaide, Darwin and Hobart too in near future
May 22, 2018 -
Mumbai shocker: Uber driver masturbates in front of woman passenger, sacked
In a bizarre case of sexual harassment, an Uber cab driver was found masturbating before a woman passenger here on Friday, according to a complaint filed by the woman. The cab aggregator later announced it had sacked him. The incident took place in the crowded Andheri East area here on Friday morning. According to the …
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May 4, 2018 -
Peak traffic hours in 4 Indian cities costing $22bn a year: Uber
The top four Indian cities are today 149 per cent more congested than comparable cities in Asia and the country is losing over $22 billion a year in peak traffic hours compared to travel time during non-peak hours in those cities, an Uber-commissioned study revealed on Wednesday. On average, commuters in Delhi, Mumbai, Bengaluru and Kolkata …
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April 18, 2018 -
Uber Driver app arrives in India
To be available in Kochi and Chennai for now, will be rolled out in a phased manner across the country over the coming months
April 11, 2018 -
Uber self-driving car tests suspended in Arizona
Arizona Governor Doug Ducey has suspended ride-hailing giant Uber’s self-driving vehicle tests following a fatal accident at a suburb in state capital Phoenix. “The move by Ducey is notable for the governor, who is an advocate for fewer regulations in a bid to attract companies and high-paying tech jobs to the state,” Fortune reported late …
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March 27, 2018 -
Video of Uber self-driving car accident opens debate on Twitter
A massive debate over self-driving cars erupted across both sides of the Atlantic after a fatal accident in the US state of Arizona left a 49-year-old dead. Elaine Herzberg, unfortunately, became the first pedestrian in the world to die in an accident involving a self-driving vehicle when she was hit by a Volvo SUV belonging …
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March 22, 2018 -
Ola drivers call off strike in Mumbai, Uber drivers continue stir
Ola drivers called off their three-day-long stir in Mumbai late on Wednesday. Uber drivers, however, are still on strike. Around 80,000 drivers from the two cab aggregators had gone on strike on 19 March over a series of issues, including low returns. According to reports, Ola drivers, who have been protesting under Maharashtra Navnirman Vahatuk …
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March 22, 2018 -
Ola, Uber drivers begin indefinite strike in Mumbai
Drivers of the app-based cab aggregators Ola and Uber went on an indefinite strike on Monday, protesting their low earnings. The strike has been called by the Maharashtra Navnirman Vahtuk Sena, the transport wing of the Raj Thackeray-led Maharashtra Navnirman Sena (MNS), which claims that several drivers of these cabs are not able to cover …
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March 19, 2018 -
Ola, Uber drivers threaten indefinite strike from Sunday
The drivers of Ola and Uber, cab aggregators, have threatened to go on an indefinite strike from the midnight of March 18 citing the issue of mismanagement by these companies because of which they are allegedly unable to cover their cost. The strike will be organised by Sanjay Naik of Maharashtra Navnirman Vahatuk Sena who …
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March 16, 2018 -
Uber launches ‘UberBAZAAR’ for driver partners
Ride-hailing app Uber has launched “UberBAZAAR” for its driver partners that will give access to facilities like car maintenance workshops, fuel cards and tyre manufacturers. “UberBAZAAR” is currently live in 11 cities. “We have set up ‘UberBAZAAR’ for various requirements and needs. We expect this programme to be a springboard to improve the driving experience …
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February 2, 2018 -
Uber is planning a feature for you to book a cab with high ratings driver
While Uber is so concerned about the personal safety, what it reportedly ignored was a security flaw – discovered by a New Delhi-based security researcher.
January 24, 2018 -
Uber reportedly ignored a security bug in its two-factor authentication system
Ride-hailing app Uber has reportedly ignored a security flaw – discovered by a New Delhi-based security researcher – that can allow an attacker to hack into user accounts via bypassing its two-factor authentication feature. “Two-factor authentication is a vital part of protecting online accounts that adds a second layer of security on top of your …
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January 22, 2018 -
Uber re-launches Auto service in India
Cab-hailing major Uber is re- launching its ‘AUTO’ service in India, almost two years after shutting down the offering in March 2016, starting with Bengaluru and Pune. The US-based company, which is locked in an intense battle with homegrown player Ola, will allow customers to book autorickshaw rides through ‘AUTO’ option on its platform later …
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January 7, 2018 -
Uber investors sell at big discount, but still make billions
Investors in the Uber ride-hailing service didn’t get all they wanted in selling at least part of their holdings to a group led by Japanese technology conglomerate SoftBank. But don’t show them too much sympathy. Even though they sold at roughly a 30 per cent discount from what the shares were worth in 2016, those …
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January 3, 2018