While Uber’s food delivery business, Uber Eats, has seen an uptick in use as people stay home, it has failed to make up for the losses on the ride-hailing side. Photo via Shopblocks/Flickr. Uber’s Chief Technology Officer, Thuan Pham, is leaving the company, according to a filling with the Securities and Exchange Comission. Pham had been… Continue reading Uber CTO Resigns
Tag: Uber
Lyft is laying off 982 employees, furloughing a further 288 due to COVID-19 pandemic
Less than 24 hours after it was reported that Uber was considering layoffs of 20% of staff, its big rival Lyft is announcing its own cuts. Today the company said it would be reducing employee count by 17%, working out to 982 employees, and furloughing an additional 288, due to the effects of the COVID-19 pandemic… Continue reading Lyft is laying off 982 employees, furloughing a further 288 due to COVID-19 pandemic
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
rideOS Selected by Alto to Scale Its On-Demand Multi-Service Mobility Business
SAN FRANCISCO, April 28, 2020 /PRNewswire/ — rideOS, a leading Mobility as a Service technology provider that empowers businesses to build, operate and scale on-demand transportation offerings, today announced that Alto is utilizing the rideOS platform to manage its elevated rideshare service and accelerate its entry into last-mile delivery. Alto is now taking full-advantage of rideOS’… Continue reading rideOS Selected by Alto to Scale Its On-Demand Multi-Service Mobility Business
Tecton.ai emerges from stealth with $20M Series A to build machine learning platform
Three former Uber engineers, who helped build the company’s Michelangelo machine learning platform, left the company last year to form Tecton.ai and build an operational machine learning platform for everyone else. Today the company announced a $20 million Series A from a couple of high-profile investors. Andreessen Horowitz and Sequoia Capital co-led the round with… Continue reading Tecton.ai emerges from stealth with $20M Series A to build machine learning platform
Indian food delivery startup Swiggy is cutting about 1,000 jobs
Swiggy is cutting about 1,000 jobs, most from its cloud kitchen division, as India’s top food delivery startup scales back some of its businesses in response to the coronavirus pandemic that has drastically affected millions of firms. In a statement, the Bangalore-based startup said it was “evaluating various means to stay nimble and focus on… Continue reading Indian food delivery startup Swiggy is cutting about 1,000 jobs
GM to end Maven car sharing service after four years
CLOSE General Motors’ car sharing service, Maven, provides access to vehicles for short-term rental. (Photo: John F. Martin, John F. Martin for General Motor) General Motors is ending its app-based car sharing service, Maven, after four years in operation. The automaker alerted its 230,000 customers Tuesday that, “Effective immediately, Maven Car Sharing will no longer be available.”… Continue reading GM to end Maven car sharing service after four years
Uber argues ‘fraud’ absolves it from paying star engineer’s $179M fine to Google
Uber argued in a recent court filing that former employee Anthony Levandowski committed fraud, an action that frees the company from any obligation to pay his legal bills, including a judgment ordering the star engineer to pay Google $179 million. The court filing was first reported by Bloomberg. Uber’s fraud claim was part of its… Continue reading Uber argues ‘fraud’ absolves it from paying star engineer’s $179M fine to Google
The Station: Pony.ai turns to delivery, Kodiak cuts, Lime snaps up Boosted’s IP
Hi and welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. What you’re reading here is an abbreviated version of The Station. To get the complete newsletter, which comes out every weekend, go here and click The Station.… Continue reading The Station: Pony.ai turns to delivery, Kodiak cuts, Lime snaps up Boosted’s IP
Uber will broaden out beyond ride hailing and food delivery during the pandemic to courier packages, medicine, and pet supplies
Uber will expand beyond its core ride-hailing and food-delivery services with a broader courier service for packages, medication, and pet supplies. The ride-hailing giant’s efforts fall under two initiatives, called “Uber Direct” and “Uber Connect.” Uber Direct lets users order items from select retailers and have them delivered directly to their door, while Uber Connect… Continue reading Uber will broaden out beyond ride hailing and food delivery during the pandemic to courier packages, medicine, and pet supplies