Sentences with phrase «on ride hailing companies»

A campaign backed by Uber Technologies is increasing its efforts to push back against a proposal in the Assembly's one - house budget to add a fee on ride hailing companies.

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U.S. regulators said on Tuesday that Uber Technologies agreed to do more to protect the privacy of customer and driver data in settling allegations that the ride - hailing company had made deceptive privacy and data security claims.

Volkswagen and Chinese ride - hailing company Didi Chuxing have struck a more substantive deal, agreeing to work together on self - driving cars.

SoftBank has acquired a 15 % stake in Uber, through a combination of direct investment in the ride - hailing company and through buying the shares of existing Uber shareholder, Uber confirmed on Thursday, weeks after announcing that the transaction was underway.

The ride - hailing company is in exclusive talks to line up funding from four investors, but a deal, which could reach as much as $ 12 billion, hangs on the outcome of a courtroom brawl between Travis Kalanick and Benchmark.

Uber drivers, as well as drivers for Lyft and other ride - hailing companies, are increasingly turning to alternative measures in the hopes of making more money on the job.

Uber's latest investment in Brazil comes just weeks after Didi Chuxing, China's largest ride - hailing company, announced it was investing more than $ 100 million in Brazilian company 99, an on - demand taxi and ride sharing service.

The ride - hailing company first introduced its plan for «on - demand aviation» in October last year, but still has some hurdles to face, including inventing the aircrafts.

Critics swiftly accused the ridesharing company of attempting to undermine or profit from a work stoppage by taxi drivers that had been called by the New York Taxi Workers Alliance, an AFL - CIO affiliate that represents many immigrants, and whose work has been largely focused on stopping the encroachment of ride - hailing companies like Uber.

After a 14 - month long investigation, New York Attorney General Eric Schneiderman is expected to announce on Thursday a settlement involving the ride - hailing company.

But ride - hailing companies argue that the fingerprinting is redundant because they already do their own background checks on drivers.

Austin's city council approved a controversial new program on Thursday that highlights the often tense relationship between local officials and ride hailing companies like Uber and Lyft over safety.

New on - demand services, from ride - hailing company Uber to home - delivery service Instacart, all rely on armies of workers to run errands, park cars and handle other jobs.

Ride - hailing companies throughout Asia have relied on discounts and promotions to attract both riders and drivers in the fast - growing market, driving down profit margins.

The ride - hailing firm reduced its fourth - quarter loss by 26 % to $ 1.1 billion, compared with the third quarter, the company disclosed exclusively to The Information and its investors on Tuesday.

Uber, on the other hand, has teamed up with a number of companies, which include United Airlines, Starbucks, Morgan Stanley and the National Football League in order to promote its ride - hailing service to as many mainstream consumers as possible.

Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride - hailing service that he helped found in 2009 and built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on at the company.

Uber began tests in China in late 2013 in the southern cities of Guangzhou and Shenzhen, focusing on a service that would let people hail rides from licensed limousine companies.

Didi is China's biggest ride - hailing company, cementing its dominance when it bought out Uber's operations in the country in 2016, and is preparing to launch car - sharing and other on - demand transport services.

Geoffrey Crothall of China Labor Bulletin said the news media's focus on ride - hailing apps obscured the main complaint of the Chinese taxi drivers: that rapacious fleet companies charge onerous rental fees that leave drivers with little to show for their work.

Uber's chief executive officer Dara Khosrowshahi said on Wednesday that the ride - hailing company will continue to invest in...

Chinese ride - hailing giant Didi Chuxing is exploring ways of collaborating with established automakers and parts suppliers to jointly develop cars purpose - built for its services, the company said on Tuesday.

Uber's chief executive officer Dara Khosrowshahi said on Wednesday that the ride - hailing company will continue to invest in India as it readies to go public next year.

SAN FRANCISCO — Travis Kalanick, the chief executive of Uber, apologized on Tuesday after a video showing him in a verbal altercation with a driver for the ride - hailing company became public.

San Francisco - based ride - hailing company Uber Technologies Inc. will soon launch its on - demand food delivery app, UberEATS, in...

Allyson Kapin, founder of Rad Campaign and Women Who Tech in Washington, D.C., says previous incidents, such as Uber advertising that was demeaning to women and a top executive's suggestion that the company conduct opposition research on journalists who are critical of Uber, were shocking and disappointing but hadn't kept her from hailing rides on the smartphone app.

«Ride - hailing companies hold out the promise of creating a whole new industry, but it's tough to make judgments based on their fundamentals,» said Masahiko Ishino, an analyst at Tokai Tokyo Securities.

SAN FRANCISCO — Uber, the ride - hailing company known for aggressive global expansion into hundreds of cities, has set its sights on Oakland, Calif., purchasing a vacant historic building across the bay from its San Francisco headquarters.

SAN FRANCISCO Uber on Thursday plans to announce changes to how it rewards cyber researchers who report flaws in its software, a company executive told Reuters, as part of the ride - hailing firm's response to concerns raised about the way it handled a data breach in 2016.

Uber drivers, many of them immigrants who work for the ride - hailing company on a freelance basis, were also upset.

Uber and Lyft left Austin last year after losing an expensive fight against a ballot measure that would have required the ride - hail companies to conduct fingerprint background checks on drivers.

Despite having no expertise in the space, two years ago the ride - hailing giant decided it would take on tech companies and automakers alike in the complex quest for autonomous vehicles, a goal that would eliminate a big cost to Uber rides — the driver.

David Bonderman, an Uber board member and partner at private equity firm TPG, resigned from the board of the ride - hailing company after he made a disparaging remark about women at an Uber meeting on Tuesday.

The chief executive of Uber was holding a regularly scheduled all - hands meeting on Tuesday at the ride - hailing company's San Francisco headquarters when he faced an onslaught of questions from upset employees.

With two advanced technology centers, one at Carnegie Mellon and another at the University of Arizona, the ride - hailing company has been clear about its ambitions to create a network of on - demand self - driving cars.

Uber is unique among ride - hailing and on - demand delivery companies in its total disdain for in - app gratuities.

Ride - hailing company Uber is selling its Xchange Leasing business to Fair, a digital car marketplace, in an effort to focus more on its core business.

Many industry experts saw an opportunity for the two companies to work together on a ride - hail network of self - driving cars.

The testing has been going on for months as automakers and technology companies like the ride - hailing service compete to be the first with cars that operate on their own.

The regulations include mandatory driver criminal background checks for ride - hailing companies, mandatory vehicles inspections, and a prohibition on street hails.10

Line, the messaging app company, has been the most successful new entrant with its Uber - like ride - hailing service, but Japanese taxi companies have adapted to the competition by bringing on - demand features their services, as the Financial Times recently reported.

It's a smart move for the company, which has worked to diversify its revenue streams with on - demand delivery and B2B services in an increasingly crowded ride - hail market.

Hungarian taxi drivers ended their demonstration against ride - hailing company Uber in downtown Budapest after talks with the development ministry on Thursday afternoon.

U.S. ride - hailing firm Uber Technologies agreed to sell its Southeast Asian business to local rival Grab, the two companies said on March 26.

Despite reports saying the company will be launching a semi-autonomous ride - hail service in partnership with Fiat Chrysler, Krafcik said they would continue to focus on fully self - driving solutions.

Alphabet chief financial officer Ruth Porat said on the company's fourth - quarter earnings call on Feb. 1 that Waymo was excited about its progress in Phoenix, and working toward a public ride - hailing program.

In the eyes of the FTC, Uber erred beginning in 2014, when reports first surfaced that the ride - hailing company's workers had taken advantage of an internal tool, known as «God View,» which had allowed some employees to spy on the whereabouts of politicians, celebrities and others using its services.

In a new complaint seeking class action status, two women — who are maintaining anonymity — are asking a court to force the $ 69 billion ride - hail company to change many of its driver screening and other practices on behalf of all U.S. riders who were «subject to rape, sexual assault or gender - motivated violence or harassment by their Uber driver in the last four years.»

First, changes in the value of shares it owns in other companies, among which is ride - hailing app Uber, will be reflected as profit or loss on the income statement.

The service, which launched in London on Thursday, works similarly to the ride - hailing parent company in that users can order food at...