Latest Uber Technologies Inc News
Despite defections, Facebook officially launches Libra
NEW YORK (AP) — Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from U.S. regulators and politicians. The Libra Association, the nonprofit that will govern the currency,...
Uber lays off 350 employees in Eats, autonomous vehicles
NEW YORK (AP) — Uber is laying off 350 employees from its food delivery, autonomous vehicles, safety, insurance and other teams. The move is the latest in a string of staff reductions at the ride-hailing giant since its ill-fated initial public offering. CEO Dara Khosrowshahi said in an email to employees...
Visa, Mastercard shun Facebook's Libra digital currency plan
NEW YORK (AP) — Visa and Mastercard on Friday announced their departure from Facebook's Libra project, a major setback to the social network's plan for a worldwide digital currency. Along with the two payment giants, several other large companies have said they're exiting Libra. Payment processing company...
Uber to acquire food delivery service Cornershop
Ride-hailing service Uber is acquiring Cornershop as it tries to gain a foothold in the Latin American grocery delivery business. Financial details of the deal were not disclosed. San Francisco-based Uber, whose $5.24 billion loss last quarter was its largest ever, has been expanding its offerings to include food...
Uber driver not guilty in death of passenger in Denver
DENVER (AP) — A jury on Thursday found an Uber driver not guilty of murder in the fatal shooting of a passenger he said attacked him while driving on a freeway in Denver. Jurors sided with Michael Hancock, 31, who argued that he was defending himself against passenger Hyun (Huhn) Kim. About four hours...
FireEye, Liberty Latin rise while James River, J&J fall
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday. FireEye Inc., up 69 cents to $14.53 The cybersecurity company told investors that its third quarter revenue will hit the high end of its forecast and possibly top its expectations. Liberty Latin America Ltd., up 51 cents to...
Doctors turn to thumbs for diagnosis and treatment by text
SACRAMENTO, Calif. (AP) — Dr. Anna Nguyen spoke with none of the five patients she treated on a recent weekday morning. She didn't even leave her dining room. The emergency physician nevertheless helped a pregnant Ohio woman handle hip pain, examined a Michigan man's sore throat and texted a mom whose son...
Mexico City cabbies block traffic to protest rideshare apps
MEXICO CITY (AP) — Thousands of medallion taxi drivers parked their pink-and-white cabs to block major Mexico City thoroughfares for hours Monday in protest of ride-hailing apps such as Uber, causing long delays for motorists. Taxi drivers say they have to comply with requirements for licensing, tax,...
Uber expands helicopter service in New York
NEW YORK (AP) — Uber is giving riders the option to skip the traffic jam and hail a helicopter to the airport instead _ provided they can shell out the money. The ride-hailing company expanded its helicopter service Thursday between lower Manhattan in New York City and John F. Kennedy International...
Does outsourcing affect our personal connection to food?
The growing options for outsourcing meal planning, grocery shopping and cooking can be called time-saving blessings or culture-destroying curses. In the end, they're probably a complicated mix of both. The positive spin goes something like this: Assuming you can afford it, you'll save precious time by clicking a...
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