“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 ...

So, that is an ongoing cost of doing business for Uber. In 2024, the company added back an insurance reserve and settlement charge of $1.1 billion to adjusted EBITDA. Meanwhile, the company set ...

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 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 ...

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 ...

After joining Uber in September 2017, Khosrowshahi launched successful campaigns to repair the firm’s image. In addition, he completed an investment deal with Softbank, settled legal disputes ...