Uber prepares for an IPO next week whilst drivers prepare for strike

Uber is preparing for their much anticipated IPO next week. Their first day of trading will be on Friday on the New York Stock Exchange, which is pretty nerve-racking, but that’s not the only thing Uber have to worry about with ride-hailing drivers looking to go on strike a couple of days before the company… Read More Uber prepares for an IPO next week whilst drivers prepare for strike

Uber’s self-driving vehicle sector secures a $1 billion investment before IPO

Image -From left to right, Hiroyuki Wakabayashi (Denso), Eric Meyhofer (Uber ATG leader), Dara Khosrowshahi (Uber CEO), Shigeki Tomoyama (Toyota), and Ervin Tu (SoftBank Vision Fund) – courtesy: Uber Uber Technologies Inc has secured a $1 billion investment from three Japanese companies and with their IPO scheduled for next month this could be a great… Read More Uber’s self-driving vehicle sector secures a $1 billion investment before IPO

Uber reveals that they may not make a profit in IPO documents

Everyone’s been talking about Uber going public this year and with the latest news we now know that their IPO will be taking place some time next month. Uber themselves have not disclosed how much they will price each of their shares at but it’s been reported, by people familiar with the matter, that they… Read More Uber reveals that they may not make a profit in IPO documents

Prosecutors say Uber is not criminally liable for devastating 2018 crash

Prosecutors have come to the conclusion that Uber Technologies Inc is not criminally liable for the self-driving car crash, in Arizona, that resulted in the death of a pedestrian Reuters reports. We all remember it. The tragic death of Elaine Herzberg, 49, came as a shock to everyone. It was all fun, games and excitement… Read More Prosecutors say Uber is not criminally liable for devastating 2018 crash