Uber is reportedly cutting 23% of its “People” division, continuing a string of tech layoffs. In a memo to employees viewed by CNBC Wednesday (June 3), Uber CEO Dara Khosrowshahi said the “changes are necessary to maximize the effectiveness of the People team and the enormous potential ahead of us.
Uber is cutting 23% of its people team, which includes human resources and recruitment staff. CEO Dara Khosrowshahi said in a memo that the "changes are necessary.
UBER plans Spain's first commercial robotaxi pilot in Madrid with WeRide, scaling from operator-led rides to hundreds of vehicles and driverless service.
For the past 10 years, Uber's annual Lost & Found Index has provided a rather quirky anthropological snapshot of its riders — and even a few insights into society. The annual catalogue of millions of forgotten items ranges from mundane modern-day tools such as smartphones and laptops, to more eyebrow-raising objects like live fish, an ankle monitor, a toboggan, a package of live butterflies, and a single Louboutin shoe.
AI is getting expensive, and some companies are cutting back on usage in an attempt to moderate costs. That cohort includes Uber, which recently instituted internal usage caps as a way to cut down on its exorbitant AI spend.
AI is being pushed across many parts of corporate America and beyond, perhaps more aggressively in some places than others.
UBER taps Autobrains and Nvidia to bring a robotaxi program to Munich, aiming for scalable, OEM-agnostic autonomous ride-hailing, pending approvals.
Only weeks after announcing a slew of new offerings at its annual Go-Get event in New York, Uber Technologies is throwing more onto the pile ahead of the 2026 FIFA World Cup.
The announcement, which comes at the beginning of Nvidia's GTC conference in Taipei, marks the latest move from Uber to roll out self-driving vehicles in Europe.
Uber and Israel-based Autobrains said on Monday they plan to launch a robotaxi programme in Munich in collaboration with U.S. chipmaker Nvidia , marking a push to scale autonomous ride-hailing in Europe.
Uber Technologies Inc (NYSE:UBER, XETRA:UT8)'s increased stake in Delivery Hero (XETRA:DHER, OTCQX:DLVHF) and reported takeover approach could materially raise the probability of a full acquisition, while also introducing potential capital allocation and execution trade-offs that may temper near-term investor enthusiasm, according to Jefferies analysts. Uber has reportedly lifted its holding in Delivery Hero to 25% (37% including instruments), up from 19.5% previously, following disclosures tied to a recent voting rights filing.
Uber Technologies, Inc. (UBER) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript