By: Nat Beuse, Head of Safety at Uber Advanced Technologies Group In July 2019, the team at Uber ATG released our first, open-sourced Safety Case Framework, which clearly organizes the goals, claims, and evidence necessary to substantiate that our self-driving vehicles (SDVs) are acceptably safe to operate on public roads. The framework charted an outline… Continue reading Uber: Uber ATG issues enhancements to Safety Case Framework
Author: Uber Official News
Uber: Addressing inadvertent bias
In a recent analysis of public ridesharing and Census data in Chicago, Akshat Pandey and Aylin Caliskan at The George Washington University explore correlations between ridesharing fares and neighborhood characteristics. In addition to finding that average per-mile fares are higher for trips to and from areas with higher home prices, higher education levels, and younger… Continue reading Uber: Addressing inadvertent bias
Uber: Uber Unveils Grocery Delivery
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that users in select Latin American and Canadian cities can now order groceries through the Uber and Uber Eats apps, in partnership with Cornershop, the popular grocery delivery startup based in Santiago, Chile. This follows the companies’ 2019 agreement for Uber to acquire a majority stake… Continue reading Uber: Uber Unveils Grocery Delivery
Uber: Uber to Acquire Postmates
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) and Postmates Inc. today announced that they have reached a definitive agreement under which Uber will acquire Postmates for approximately $2.65 billion in an all-stock transaction. This transaction brings together Uber’s global Rides and Eats platform with Postmates’ distinctive delivery business in the U.S. Postmates is highly complementary… Continue reading Uber: Uber to Acquire Postmates
Uber: Analysis on Impacts of Driver Reclassification
By Alison Stein, Economist at Uber On May 22nd, California’s state unemployment rate rose to a record 15.5%. Over 2.9 million Californians are out of work, more than during the height of the 2008–2009 recession. However, despite the current economic crisis, the State government is currently pursuing actions that we estimate threaten 158,000 additional work opportunities… Continue reading Uber: Analysis on Impacts of Driver Reclassification
Uber: Head of Uber Eats to Participate at Bernstein Strategic Decisions Conference
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) announced today that Pierre-Dimitri Gore-Coty, vice president and head of Uber Eats, will participate in a fireside chat at Bernstein Strategic Decisions Conference on Thursday, May 28, 2020. Mr. Gore-Coty is scheduled to appear at 9:00 am ET (6:00 am PT). A live webcast of the event will… Continue reading Uber: Head of Uber Eats to Participate at Bernstein Strategic Decisions Conference
Uber: Uber Announces Pricing of Upsized $900 Million Senior Notes Offering
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of $900 million principal amount of 7.500% Senior Notes due 2025 (the “notes”). The principal amount of the offering was increased from the previously announced offering size of $750 million. The notes are being offered only to persons reasonably believed to be qualified institutional… Continue reading Uber: Uber Announces Pricing of Upsized $900 Million Senior Notes Offering
Uber: Uber Announces Proposed $750 Million Senior Notes Offering
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it proposes to offer $750 million principal amount of Senior Notes due 2025 (the “notes”), subject to market conditions and other factors. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act… Continue reading Uber: Uber Announces Proposed $750 Million Senior Notes Offering
Uber: Uber Announces Results for First Quarter 2020
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended March 31, 2020. Financial Highlights for First Quarter 2020 Gross Bookings grew to $15.8 billion, up 8% year-over-year, or 10% on a constant currency basis, with Rides declining 3% and Eats growing 54% year-over-year, respectively, on a constant currency basis.… Continue reading Uber: Uber Announces Results for First Quarter 2020
Uber: Uber CFO to Participate at J.P. Morgan Global Technology, Media and Communications Conference
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) announced today that Nelson Chai, Chief Financial Officer, will participate in a fireside chat at J.P. Morgan’s 48th Annual Virtual Global Technology Media and Communications Conference on Thursday, May 14. Mr. Chai is scheduled to appear at 10:50 am ET (7:50am PT). A live webcast of the event… Continue reading Uber: Uber CFO to Participate at J.P. Morgan Global Technology, Media and Communications Conference