Wait times on Uber have increased over the last few years, a new study shows. The increase happened in five of six metro areas, according to data from Uber drivers.
Jefferies reiterated its $110 price target on Uber Technologies Inc (NYSE:UBER, XETRA:UT8) and maintained the company as its ‘Franchise Pick', saying its expanding Mobility product suite can support faster bookings growth while allowing margins to expand. The broker raised its estimates after a detailed analysis of Uber's Mobility products, maintaining the company as its ‘Franchise Pick' as str...
Bank of America (BofA) has maintained its 'buy' rating and $101 price target on Uber Technologies Inc (NYSE:UBER, XETRA:UT8), saying autonomous vehicle (AV) competition will remain the main theme for the ridesharing sector. The broker expects Uber to retain about 73% of the US mobility market through 2028, compared with 76% currently, despite growing competition from Waymo, Tesla and Zoox.
LOS ANGELES--(BUSINESS WIRE)-- #ArbitrationAward--Panish | Shea | Ravipudi LLP announces that a retired California judge has ordered Uber Technologies, Inc. to pay $40 million to the parents of Emily Normandin-Parker, a 23-year-old UCLA graduate who was killed after an Uber driver abandoned her alongside freeway traffic during what was supposed to be a safe ride home. The award follows a five-d...
Some laid-off Uber employees say that AI was playing a bigger role in their day-to-day work. They used AI tools to respond to customer service messages and answer questions posted in Slack.
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