“I am proud to have secured this landmark settlement with Uber and Lyft and to be returning these funds to the drivers that rightfully earned them. I urge any Uber or Lyft driver who believes ...
Major hedge fund manager Bill Ackman announced a big stake in Uber last Friday. The stock rocketed on the news. However, there are several risks in Uber's stock to consider before buying. Last week, ...
Uber's fourth-quarter operating profit rose 18% to $770 million but fell well short of the $1.2 billion forecast by analysts, ...
Uber Technologies, Inc.'s Q4 earnings show potential for a $1 trillion market cap by 2030 despite legal setbacks and competition. Click for my UBER update.
The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
Sergio Avedian, a retired trader on Wall Street who now drives for Uber and Lyft and is a senior contributor to The Rideshare Guy blog, said he’s heard from a number of Massachusetts drivers ...
The settlement with 50 US states and Washington, D.C. brings closure to one of several high-stakes legal battles Uber is seeking to resolve before an initial public offering next year, while also ...
The result was hit by an undisclosed $462 million legal settlement reserve that it did not elaborate on. Uber posted a second annual profit with adjusted EBITDA of almost $6.5 billion, up from ...