Uber is cutting 10% of its workforce in an effort to consolidate management layers and trim costs. CEO Dara Khosrowshahi said the decision will help make Uber "simpler and faster" and allow the ...
Tesla, Rivian, and Uber are all down this year, but only one of them profits no matter which robotaxi technology wins.
Angi is down 52.5% since the beginning of the year, and at $6.02 per share, it is trading 57.7% below its 52-week high of $14 ...
On the Tesla side, Goldman Sachs’ research identified three execution milestones: resolution of NHTSA’s open Cybercab audit, expansion of autonomous operations beyond a single city, and fleet scaling ...
Tech companies have been sending difficult messages to employees all year. Meta did it in May, shedding roughly 8,000 workers in one of the largest rounds of job cuts the company has ever made, as ...
On CNBC’s “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, picked Uber Technologies, Inc. UBER. On Sept. 16, Uber announced a major expansion of ...
Uber CEO Dara Khosrowshahi says layoff savings will go toward lower ride prices and better selection rather than straight to the bottom line.
Two of the world’s largest delivery companies are joining forces. Uber announced Thursday that it has agreed to a $14.8 billion deal to acquire Germany-based delivery giant Delivery Hero. The deal, ...