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Uber’s Nahar Tapped To Run Goldman’s Marcus Division

An Uber Technologies executive has been hired away by Goldman Sachs to operate the latter company’s digital banking division, Marcus, The Wall Street Journal reported. Peeyush Nahar is scheduled to come on...
Uber & Lyft

Uber, Lyft Drivers File Lawsuit Over Prop 22 In California

Gig workers in California who drive for Uber, Lyft, and other rideshare and delivery platforms have filed a lawsuit in the state’s Supreme Court...

Uber Must Pay S$6.6M Fine Over Merger Deal In Singapore

Singapore’s Competition Appeals Board has upheld fines of S$6.6 million (US$4.97 million) levied against Uber, affirming that its merger deal with ride-hailing rival Grab...
Uber_1018494355

Uber Sells Self-driving Car Unit To Start-up Aurora

Uber Technologies sold its self-driving car division to Aurora Innovation and took a stake in the start-up, pulling back from its vision for a...

Uber Officially Completes Its $2.65B Postmates Buy

Uber has completed its US$2.65 billion purchase of food-and-grocery delivery service Postmates, the company has announced, reported TechCrunch. The deal sees the two companies...

Uber Is In Talks To Sell Its Self-Driving Unit

Uber is in talks to sell its autonomous vehicle unit to startup competitor Aurora Innovation, TechCrunch reported. Eighteen months ago, Uber’s  self-driving car unit, Uber Advanced...
Uber & Lyft

CA Passes Prop 22, Exempting Uber & Lyft From Classifying Workers...

California voters have passed Proposition 22, which would again classify app-based transportation and delivery drivers as independent contractors, reported CNBC. Uber and Lyft spent over...
Capitol Hill

What Capitol Hill’s ‘Horizontal’ Block Means For Big Tech – And...

By PYMNTS The growth of the connected economy is predicated on – and is propelling – the emergence of online platforms. Those platforms – through Uber, Amazon, eBay...
Uber

DOJ Is Reviewing Uber’s Plan To Buy Postmates

The US Department of Justice (DOJ) is taking a closer look at Uber's plans to buy Postmates, Uber disclosed in a regulatory filing. In the...
Uber

Uber Can Continue Operating In London, Judge Rules

A London judge reinstated Uber's license to operate on Monday (Sept. 28), ending a 10-month fight between the ride-hailing company and regulators, The Wall...

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