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A screen displays the company logo for Uber Technologies Inc. on the day of it's IPO at the New York Stock Exchange.

Judge dismisses Uber lawsuit opposing New York City law

3 November 2019, 8:13 AM

A Manhattan judge has dismissed Uber Technologies Inc’s lawsuit challenging a New York City law limiting the number of licenses for ride-hailing services, the first such cap by a major American city.

Small toy figures are seen on representations of virtual currency in front of the Libra logo in this illustration picture.

PayPal becomes first member to exit Facebook’s Libra Association

6 October 2019, 1:36 PM

US payments processor PayPal Holdings Inc said on Friday it was leaving Libra Association, the entity managing the Facebook-led effort to build global digital currency Libra, making it the first member to exit the group.

Uber illustration

Uber launches app aimed at connecting workers with businesses

3 October 2019, 11:32 AM

Ride-hailing firm Uber Technologies Inc said it launched an app called Uber Works to connect temporary workers looking to work shifts with businesses trying to plug gaps in their rosters.

A Bolt (formerly known as Taxify) sign is seen on the taxi car in Riga.

Uber-rival Bolt enters European food delivery business

21 August 2019, 6:17 AM

Bolt is a late entrant to the food delivery market, where a number of start-ups and other ride-sharing firms have operated for years. It plans to grab market share with lower prices for consumers.

Facebook’s cryptocurrency ambitions face privacy concerns, political backlash

19 June 2019, 12:10 PM

Facebook has linked with 28 partners including Mastercard, PayPal and Uber to form Libra Association, a Geneva-based entity governing the new digital coin, according to marketing materials and interviews with executives.

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