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COVID-19 keeps Uber in red as revenue plunges
Agence France-Presse . San Francisco | Updated at 11:44pm on November 06, 2020
Uber on Thursday reported that it lost $1.1 billion in the recently ended quarter as the pandemic walloped its ride-hailing business, while boosting its food...
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Uber, Lyft lose appeal to avoid California labour law
| Updated at 10:49pm on October 23, 2020
An appeals court on Thursday rejected a bid by Uber and Lyft to avoid having to continue treating drivers as independent contractors while battling the...
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Italy probes Uber’s exploit of drivers, including Bangladeshis
Agence France-Presse. Milan | Updated at 10:48am on October 13, 2020
Milan prosecutors have submitted a report into practices at food-delivery service Uber Eats in Italy, where a senior manager is accused of exploiting vulnerable migrant...
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Investors load $500m into Uber’s trucking business
| Updated at 11:33pm on October 03, 2020
Uber on Friday said an investment group led by Greenbriar Equity is pumping $500 million into its trucking unit. The preferred stock financing values Uber...
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Uber starts appeal against loss of London licence
| Updated at 11:42pm on September 14, 2020
US ride-hailing giant Uber began an appeal hearing in Britain on Monday after London’s transport authority refused to renew its operating licence on safety grounds...
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US charges former Uber security chief in hack cover-up
| Updated at 10:41pm on August 21, 2020
US prosecutors on Thursday charged Uber’s former security chief with covering up a hack that compromised the personal information of 57 million users and drivers....
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Court tells Uber, Lyft to classify drivers as employees
Agence France-Presse . San Francisco | Updated at 11:32pm on August 12, 2020
A California court has given Uber and Lyft until the middle of next week to reclassify drivers as employees in compliance with a new state...
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Uber, BKash tie up for contactless payment
Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:41pm on August 10, 2020
Ride sharing service Uber and mobile financial service BKash have teamed up to allow riders to pay fares in a contactless, convenient and secure manner...
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Uber earnings hit hard as pandemic stalls revenue
Agence France-Presse . San Francisco | Updated at 10:34pm on August 07, 2020
Uber on Thursday reported a $1.8 billion loss in the recently ended quarter as the COVID-19 pandemic caused its shared-ride business revenue to plunge. Overall...
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Uber to pay Danish fine, avoid legal action
| Updated at 11:14pm on July 10, 2020
Uber has agreed to pay a 25 million kroner fine in Denmark to settle claims of breaching local taxi law out of court, Danish police...