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Govt to double efforts to deal decisively with tuberculosis

15 March 2019, 8:19 PM

Government needs to double its efforts if it’s to deal decisively with tuberculosis.

Uber logo

SoftBank, Toyota in talks to invest in Uber’s self-driving unit: Sources

14 March 2019, 10:42 AM

Uber’s self-driving unit might be set for a billion dollar cash injection. At least that’s if talks pan out with a group of investors including Softbank and Toyota.

The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei.

Uber hires more IPO underwriters as it prepares to go public

13 March 2019, 7:38 AM

Uber Technologies Inc has hired a string of investment banks to its syndicate of initial public offering underwriters, as it ramps up preparations for a stock market debut.

uber app

With IPO due, Uber aims to be ‘Amazon of transportation’

3 March 2019, 2:02 PM

Uber, the ridesharing behemoth set to launch a stock offering soon, is aiming beyond sharing car rides to becoming the “Amazon of transportation” in a future where people share instead of owning vehicles.

Lyft races ahead of Uber to Wall Street listing

2 March 2019, 5:22 PM

Lyft filed documents Friday for its stock offering, racing ahead of ride-sharing rival Uber for a Wall Street listing that sets the stage for a series of big venture-backed tech firms to hit public markets. The initial public offering (IPO) filing offered the first glimpse of Lyft’s finances and showed the San Francisco firm lost […]

Uber mobile app.

Uber posts $50 billion in annual bookings as profit remains elusive

16 February 2019, 10:39 AM

Uber Technologies Inc had $50 billion in total bookings for its ride-service and food-delivery businesses last year, a testament to the size and global reach of the company as it prepares to woo investors in one of the biggest public stock listings to date.

Lyft pamphlet

Uber’s dominant size may rob smaller Lyft of its IPO oxygen

11 December 2018, 5:36 PM

Uber Technologies Inc and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector.

‘Game changer’ tuberculosis drug cures 8 in 10

24 October 2018, 11:39 AM

A new treatment for a drug-resistant strain of tuberculosis can cure 80% of sufferers, according to a trial hailed as a “game changer” in the fight against the global killer.

Uber to stop developing self-driving trucks

31 July 2018, 8:00 AM

Uber said it will move employees working on self-driving trucks to other internal roles within autonomous vehicle development.

Uber is a peer-to-peer ridesharing, taxi cab, food delivery, and transportation network company headquartered in San Francisco, California, with operations in 633 cities worldwide.

Uber exec resigns following probe into racial discrimination

11 July 2018, 6:40 AM

Uber Technologies Inc’s Chief People Officer Liane Hornsey resigned on Tuesday, Chief Executive Dara Khosrowshahi said, following an investigation into how she handled allegations of racial discrimination at the ride-hailing firm.

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