News

Antitrust watchdog slaps multi-million peso fines on Grab, Uber

ABS-CBN News
Posted at Oct 17 03:23 PM

The Philippine Competition Commission has slapped a P12-million fine on ride-hailing platform Grab and another P4-million fine on its former rival Uber for violating the anti-trust watchdog's orders regarding their merger. Read more »

Bahrain minister backs boycott of Uber over Khashoggi case

Reuters
Posted at Oct 15 06:08 PM

DUBAI - Bahrain's foreign minister called for a boycott of the ride-hailing company Uber Technologies after its chief executive officer said he will not attend a business conference in the kingdom's ally Saudi Arabia. Read more »

Uber pays $148 million over data breach in latest image-boosting move

Julie Charpentrat, Agence France-Presse
Posted at Sep 27 09:15 AM

The settlement stems from a breach affecting some 57 million Uber riders and drivers, prompting litigation that was eventually joined by officials from the 50 US states and the District of Columbia. Read more »

Singapore watchdog fines Grab, Uber $9.5 million over merger

Agence France-Presse
Posted at Sep 24 03:39 PM

The commission fined both firms a total SGD$13 million ($9.5 million) -- SGD$6.42 million for Grab and SGD$6.58 million for Uber. Read more »

Uber boss grows into disruptor role from 'no freakin' clue'

TJ Manotoc, ABS-CBN News
Posted at Sep 20 08:46 AM

SAN FRANCISCO, California -- One year on the driver's seat of one of the world's largest ride-hailing firms, Uber CEO Dara Khosrowshahi said it's been good so far helping consumers go digital, from transportation to food delivery.  Read more »

Brazil Uber driver accused of kicking out blind woman

Marcelo Rochabrun, Reuters
Posted at Sep 04 08:13 AM

SAO PAULO - A blind woman said an Uber driver abruptly left her on the side of a Rio de Janeiro street last week after loudly berating her over her request that he turn down the car's air conditioning, the latest safety incident involving the ride-hailing firm. Read more »

Uber to test flying taxi in 5 countries

Kyodo News
Posted at Aug 30 10:45 PM

Uber Technologies Inc. said Thursday it will choose from five countries including Japan to test its flying taxi services, aiming to launch the commercial operation in 2023. Read more »

Toyota pours $500 million into driverless car tie-up with Uber

Anne Beade and Glenn Chapman, Agence France-Presse
Updated as of Aug 28 12:02 PM

The deal, which reportedly values Uber at about $72 billion, aims at 'advancing and bringing to market autonomous ride-sharing as a mobility service at scale,' Toyota said in a statement. Read more »

Uber quarterly loss jumps as it invests in 'big bets'

Agence France-Presse
Posted at Aug 16 09:13 AM

The San Francisco-based smartphone ride star reported it lost $891 million on net revenue of $2.8 billion, while overall bookings rose to $12 billion. Read more »

Pagbili ng Grab sa Uber, pinayagan na ng PCC

ABS-CBN News
Posted at Aug 11 02:17 AM

Pinayagan na ng Philippine Competition Commission ang pagbili ng Grab sa Uber. Read more »

Grab applauds anti-trust body for approving Uber deal

ABS-CBN News
Posted at Aug 10 07:18 PM

Ride-hailing firm Grab on Friday thanked the Philippines' anti-trust body for approving Grab's acquisition of the Southeast Asia operations of rival Uber and "recognizing the legality" of the deal.   Read more »

Grab-Uber gets antitrust watchdog's approval with conditions

ABS-CBN News
Updated as of Aug 10 03:22 PM

The Philippine Competition Commission on Friday allowed the Grab and Uber merger effective immediately under conditions of better service, justifiable fare surges and lower cancellation rates. Read more »

New York City votes to cap Uber, Lyft vehicle licenses

Reuters
Posted at Aug 09 07:53 AM

The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber Technologies Inc for one year, dealing a blow to the companies that have relied on the largest U.S. metro area for a major source of their revenue. Read more »

Uber hits brakes on self-driving trucks

Agence France-Presse
Updated as of Jul 31 08:19 AM

Uber on Monday said it is hitting the brakes on self-driving trucks, shifting gears to focus just on autonomous cars.   Read more »

Spain taxi strike against Uber to continue

Agence France-Presse
Posted at Jul 31 05:38 AM

Taxi drivers across Spain were set to keep striking on Tuesday against ride hailing competitors such as Uber and Cabify, which they say unfairly threaten their livelihoods after government negotiations ended without a deal. Read more »

Ride-hailing firm Grab hits back in Uber takeover row

Agence France-Presse
Posted at Jul 27 07:25 PM

Ride-hailing firm Grab insisted Friday its takeover of Uber's businesses in Southeast Asia has not substantially eroded competition in Singapore after a threat from the city-state's anti-monopoly watchdog to reverse the deal. Read more »

Singapore proposes fines on Grab, Uber, says merger harms competition

Aradhana Aravindan, Reuters
Posted at Jul 06 01:23 AM

Singapore’s anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses. Read more »

Pinoy Uber driver sa Hawaii, nasorpresa sa mga pasaherong 'ASAP' singers

ABS-CBN News
Updated as of Jul 05 08:01 PM

Hindi alam ng Uber driver na ang kaniyang mga pasahero ang "ASAP" singers na kanilang pinag-uusapan sa biyahe. Read more »

Airbnb, Uber woes show Japan does not share easily

Anne Beade, Agence France-Presse
Posted at Jun 27 11:49 AM

Japan may be the world's third-largest economy and a high-tech hub but it has been surprisingly slow to warm to the sharing economy that has disrupted markets across the globe. Read more »

Uber wins London license but with conditions

Alistair Smout, Reuters
Posted at Jun 27 02:45 AM

Uber overhauled its policies and personnel in Britain after Transport for London refused to renew its license in September. Read more »