Uber customers in the U.K. can now join an interest list to increase their chances of being matched with a Wayve autonomous vehicle — another sign that the two companies are preparing to launch a robotaxi service in London. When that launch does happen, Uber will be competing directly with Waymo, Alphabet's self-driving company that is considered the robotaxi leader in the United States.
Uber (UBER) reported earnings 30 days ago. What's next for the stock?
Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
Uber's shares are down 12.3% YTD as robotaxi fears mount, but Eats deals and surging gross bookings keep the long-term case intact.
Uber is recruiting fewer ride-hailing drivers in some cities, CEO Dara Khosrowshahi said. The pullback comes as self-driving cars from companies like Waymo become more common.
Uber revealed on Wednesday a prototype car that it plans to use to scoop up real-world driving data that can be used by its growing list of autonomous vehicle partners such as Avride, Waymo, and WeRide.
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.