Uber Technologies Inc. co-founder Travis Kalanick’s secretive ghost kitchen startup said it was the victim of a “suspected arson” in a series of Twitter posts confirmed by the company’s spokeswoman. The startup, which builds kitchens to cook food for delivery services, said that two separate fires had been started at […]
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Uber-Grubhub deal hinges on breakup fee after narrowing price gap
Uber Technologies Inc. and Grubhub Inc. are haggling over a breakup fee after nearing an agreement on a merger price, according to people familiar with the matter. Grubhub wants Uber to agree to pay it a cash sum should U.S. regulators block a proposed deal to combine two of the country’s largest […]
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Uber India lays off 600 jobs, says no choice amid coronavirus pandemic
Uber India has laid off 600 employees, about 25% of its total workforce in the country across segments, including customer and driver support, business development, legal, finance, policy and marketing verticals. The ride-hailing company said the affected employees will be given a minimum 10-week payout and medical insurance coverage for […]
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CES 2020: Hyundai will make flying cars for Uber air taxi service
Hyundai announced Monday it would mass produce flying cars for Uber’s aerial rideshare network set to deploy in 2023. The South Korean manufacturer said it would produce the four-passenger electric “vertical take-off and landing vehicles” at “automotive scale,” without offering details. The deal announced at the Consumer Electronics Show in Las Vegas […]
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Uber launches driver rewards program ‘Uber Plus’ in India
Global ride-hailing major Uber on Wednesday rolled out a driver rewards programme called “Uber Plus” in India that will let drivers earn points for rides so that they can win free doctor consultations, concessions on education modules, access to micro loans, faster airport pick ups and savings on vehicle maintenance costs. These […]