Uber Technologies Inc

Uber Reports Growth, But Loses $5.6 Billion From Investments

Uber, which had already been spending heavily to lure back drivers who left early in the pandemic, responded in March by charging riders a small fuel fee for each trip, which went to drivers, and said on Wednesday that it had more drivers on its platform than at any time since the pandemic began. That […]

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Uber Says It’s Bouncing Back From Pandemic In Earnings Report

Uber said on Wednesday that growing revenue and returning passengers sent a strong signal that its business was bouncing back in the final three months of 2021 from the slowdown caused by the pandemic. The quarter also provided another indication of how Uber’s fortunes rise and fall with its investments in other companies. Uber’s revenue […]

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Why Is Silicon Valley Still Waiting for the Next Big Thing?

In the fall of 2019, Google told the world it had reached “quantum supremacy.” It was a significant scientific milestone that some compared to the first flight at Kitty Hawk. Harnessing the mysterious powers of quantum mechanics, Google had built a computer that needed only three minutes and 20 seconds to perform a calculation that […]

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Gig Worker Protections Get a Push in European Proposal

Last year, gig economy companies staged a successful referendum campaign in California to keep drivers classified as independent contractors while giving them limited benefits. Although a judge ruled in August that the result violated California’s Constitution, his decision is being appealed, and the companies are pursuing similar legislation in Massachusetts. The Biden administration has suggested […]

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Uber Survived the Spying Scandal. Their Careers Didn’t.

The relationship was tense, Mr. Gicinto recalled, and both men seemed uneasy about sharing leadership. Still, their work ramped up quickly. The group, which grew to include dozens of employees, wanted to keep track of Uber’s competitors overseas, whether they were taxi drivers or executives at the Chinese ride-hailing firm Didi. But they also needed […]

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