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GMA News Grab to appeal P12M in Uber-merger related fines GMA News Grab Philippines said Friday it will ask the Philippine Competition Commission (PCC) to reconsider its P12-million fine against the transport network company (TNC). On October 17, the antitrust commission slapped both Grab and Uber Technologies a total ... and more » View the full article

Columbus Business First Berko: Uber is losing billions so don't believe the pre-IPO hype on its valuation Columbus Business First Uber won't publish financial results, but some Uber-watchers say the company lost nearly $5 billion in 2017, up from a $2.7 billion loss in 2016. Few companies have grown as quickly and lost so much money ($11 billion since 2011) in such a short time ... View the full article

The Columbian Berko: Uber a big risk, Zoetis an exciting company The Columbian Berko: Uber a big risk, Zoetis an exciting company ... During the past seven years, Uber, whose 600,000 drivers have given rides to over 70 million passengers, has managed to lose money year after year after year. Frankly, Uber may be unable to make ... View the full article

Why Airbnb will be worth more than Uber RecodeLast year, Airbnb raised a $1 billion round that valued it at $31 billion — a lot of money for a private company, but a distant second to Uber, which this week ... View the full article

Understanding Why Uber Loses Money Crunchbase NewsUber's a huge company. Coming from nowhere, it helped rip up and rewrite the rules for intra-city transit. The company, along with Lyft in the United States, have ... View the full article

Understanding Why Uber Loses Money Crunchbase NewsView the full article

Forbes Tesla CEO Reiterates Plan To Take On Uber, Lyft With Its Own Autonomous Ridesharing Service Forbes During its third-quarter financial results earnings call yesterday, Tesla CEO Elon Musk outlined how the carmaker plans to take on Uber and Lyft with its upcoming ride-sharing platform dubbed the "Tesla Network" which was first mentioned in July 2016, ... Elon Musk says Tesla will 'obviously' take on rivals Uber and Lyft with its own ride-hailing serviceBusiness Insider Tesla service would 'compete directly' with Uber and Lyft (CNBC)Staffing Industry Analysts Tesla to compete against Uber, Lyft, says Elon MuskFox Business Tesla -Wall Street Journal all 740 news articles » https://www.google.com/news

KnowTechie Freebird is an app that puts money back in your pocket just for taking Uber rides KnowTechie From there, take your ride on Uber. You earn cash rewards by visiting participating locations when you buy something with a credit or debit card that's linked to your Freebird Rides account. You'll receive your cash back whenever your charge moves from ... View the full article

TheStreet.com How Tesla Could Compete With Uber and Lyft TheStreet.com So that you'll be able to do ride-hailing or share your car anyway, sort of a long-term model that's some combination of like Uber, Lyft and Airbnb." It's a combination of those models, Musk said, adding, "The advantage that Tesla will have is that we ... Elon Musk talked more about his plans for a ride-sharing service for Tesla self-driving cars, which he says will ...Business Insider all 146 news articles » https://www.google.com/news

New York Post Uber now offers carpooling discounts in outer NYC boroughs New York Post Uber drivers will earn the same amount of money regardless of which option their riders select, the spokesperson said. The changes to Pool are the latest effort by Uber to boost service in the Big Apple. Last month, it rolled out a fleet of city ... View the full article

MIT Technology Review Uber and Lyft are behind a sharp rise in US traffic deaths MIT Technology Review How it was calculated: Researchers took statistics from the National Highway Traffic Safety Administration and compared them with the dates Uber or Lyft launched in a specific city. Then they checked accident rates in those cities relative to vehicle ... 1 Big Red Flag for Uber as Its IPO ApproachesMotley Fool all 9 news articles » https://www.google.com/news

EcoWatch Can Uber and Lyft Be a Climate Solution? EcoWatch Skinner) brings ride-hailing companies into the climate solutions fold by establishing decreasing climate emissions targets (yet to be determined) for companies like Uber and Lyft. This ground-breaking legislation is the first of its kind, and sets an ... Uber and Lyft are behind a sharp rise in US traffic deathsMIT Technology Review 1 Big Red Flag for Uber as Its IPO ApproachesMotley Fool Uber Insurance RequirementsLendEDU News (blog) all 6 news articles » https://www.google.com/news

Reuters Breakingviews - Hadas: Six economic reasons to hate Uber Reuters Every one of the 40 distinguished economists who answered a 2014 survey from the University of Chicago's Initiative on Global Markets agreed that consumer welfare was increased when “car services such as Uber or Lyft compete with taxi firms on equal ... and more » https://www.google.com/news

Business Insider UK Elon Musk talked more about his plans for a ride-sharing service for Tesla self-driving cars, which he says will ... Business Insider UK Elon Musk on Wednesday said that Tesla is "obviously" making moves for its own rideshare service that would compete with companies like Uber and Lyft. Musk says the service should launch by the end of 2019. It will let customers loan out their cars to ... and more » View the full article

USA TODAY Uber, Starbucks are the most expensed vendors for business travel USA TODAY As for ground transportation, Uber completely dominated its competitors, taking 73 percent of all rides. Lyft, however, continued to increase its share as it has in the last few quarters, with 20 percent of receipts. That's slightly up from 19 percent ... Uber just hit an impressive corporate America milestoneYahoo Finance One way to track the rise of tech — check the expense reportsRecode Uber Offering $10 Discount on Rides to the Polls, But With CaveatsPCMag UK (blog) all 27 news articles » https://www.google.com/news

Reuters Breakingviews - Hadas: Six economic reasons to hate Uber Reuters Every one of the 40 distinguished economists who answered a 2014 survey from the University of Chicago's Initiative on Global Markets agreed that consumer welfare was increased when “car services such as Uber or Lyft compete with taxi firms on equal ... Hadas: Six economic reasons to hate UberBreakingviews all 2 news articles » https://www.google.com/news

City A.M. Why did TfL strip Uber of its licence and what did it do to get it back? City A.M. Among the most serious of Tfl's concerns was Uber's apparent reluctance to report criminal incidences to the Metropolitan Police. Uber has said it took this line because it did not want to breach the rights of the passenger, who may have not wanted to ... https://www.google.com/news

Channel NewsAsia 'A rebirth': Uber-owned Lion City Rentals out to attract casual hirers, says new GM Channel NewsAsia SINGAPORE: Uber-owned vehicle leasing operator Lion City Rentals (LCR) is known for providing car rentals to full-time drivers who work for ride-hailing platforms in Singapore. But the company now is looking to expand its scope of business to attract ... Uber-owned Lion City Rentals remains in business despite fleet downsizingThe Straits Times A 'rebirth': Uber-owned Lion City Rentals announces it's operating 'independently', reaches out to casual hirersBusiness Insider Uber's Lion City Rentals rebrands to also attract casual driversThe Business Times all 5 news articles » https://www.google.com/news

Financial Times Uber aims to be 'Amazon of transportation' Financial Times Only a handful of global technology companies can claim a billion people use their products. But Uber wants to join the club. Chief executive Dara Khosrowshahi said this week that the San Francisco company is aiming to reach 1bn active passengers ... Uber Wants to Go All-Electric in London, With the Help of a New Clean Air FeeGreentech Media all 16 news articles » https://www.google.com/news

Engadget Uber offers $10 off Election Day rides to polling stations - Engadget Engadget Uber is one of several tech companies trying to make sure you're doing your civic duty by getting out to the polls on November 6th, as it's offering a $10 disco... Are Uber and Lyft Offering Voters Free Rides to the Polls for the 2018 Elections?Snopes.com One way to track the rise of tech — check the expense reportsRecode Uber Offering $10 Discount on Rides to the Polls, But With CaveatsPCMag all 14 news articles » https://www.google.com/news

CNBC Tesla 'obviously' plans to take on Uber and Lyft, says CEO Elon Musk CNBC In the self-driving car era, Tesla plans to roll out a ride-hailing service that will compete directly with Uber and Lyft according to CEO Elon Musk. Musk announced his plans on a third-quarter earnings update; Tesla shares soared by more than 12 ... Tesla Network: Elon Musk talks about competing against Uber and Lyft with 'millions of self-driving cars'Electrek Tesla aiming to take on Uber with ride-sharing serviceAutocar Elon Musk says Tesla will definitely take on Uber in ride-hailing marketSiliconrepublic.com Tesla all 1,515 news articles » https://www.google.com/news

Land Line Magazine You provide the power, they provide the trailers Land Line Magazine “If Uber can make a profit and pay carriers enough to make a living doing drop and picks, that would be huge,” said Tom Heine, vice president at Descartes, a major logistics technology company. Just like power units, trailers only make money when they ... and more » View the full article

Business Insider The meteoric rise of Uber and Lyft may have spurred a deadly outcome, according to new research Business Insider In the years before Uber and Lyft started popping up in cities across the United States, deadly car accidents were at record lows. By 2010, just before the ride-hailing services began to expand en masse, the total number of traffic fatalities sank to ... Study: Uber and Lyft are Increasing Traffic DeathsStreetsblog California (blog) Can Uber and Lyft Be a Climate Solution?Union of Concerned Scientists (blog) all 7 news articles » https://www.google.com/news

CNBC More than half of US tech 'unicorns' had at least one immigrant founder, study finds CNBC Immigrants have helped start more than half of America's "unicorn" start-ups, including Uber, Palantir Technologies, and SpaceX, according to a new study by the National Foundation for American Policy. The study finds 55 percent, or 50 out of 91 of the ... and more » https://www.google.com/news

The Verge Uber is offering $10 off rides to polling locations on Election Day The Verge Uber announced on Wednesday that it would offer $10 discounts on rides to the polls on Election Day. The promotion, which will be available nationwide in the US, applies only to a single ride on the most affordable Uber option available in their city. Uber to offer $10 off ride to the polls on Election DayThe Hill all 4 news articles » https://www.google.com/news