News

After New York City’s war with Amazon, Uber could be next

Emma G. Fitzsimmons, The New York Times
Posted at Feb 20 03:41 PM

NEW YORK — After New York City and Amazon went to war over a new campus in Queens, the city is heading into battle with another tech giant: Uber. Read more »

Grab pinagmumulta ng P6.5M dahil kulang ang datos sa pasahe

ABS-CBN News
Posted at Jan 25 08:54 PM

Pinatawan ng multang P6.5 milyon ang ride-hailing company na Grab noong Enero 22 dahil mali raw at di kompleto ang datos nito tungkol sa pasahe.  Read more »

Grab fined P6.5 million for failure to provide price data

Willard Cheng, ABS-CBN News
Updated as of Jan 25 11:00 PM

Grab committed to maintain fair pricing, improved service, lower cancellation rates and justifiable surges and agreed to subject itself to quarterly monitoring by a third party trustee.  Read more »

Taxi driver badly hurt in Spain's 'anti-Uber' strike

Agence France-Presse
Posted at Jan 23 06:35 AM

A taxi driver protesting in Madrid against Uber-like services was seriously hurt in a car accident on Tuesday as a strike continued in the Spanish capital and Barcelona with sporadic clashes.   Read more »

Ilang commuter, umaaray sa ‘di makatarungang’ pasahe sa TNVS

ABS-CBN News
Posted at Jan 17 01:52 AM

Pakiramdam ng ilang commuter, sinasamantala na ang problema sa pampublikong transportasyon. Read more »

Online 'colorum'? Ride-hailing Facebook page thrives

Jessica Fenol, ABS-CBN News
Updated as of Jan 16 12:49 PM

Some social media pages for such service have emerged since the suspension of ride-hailing firm Angkas and Grab's takeover of Uber, enabling orphaned drivers to continue with their trade and providing an underground option for commuters, even those willing to pay for a gofer.    Read more »

Uber driver pleads guilty to killing 6 in US shooting spree

Agence France-Presse
Posted at Jan 08 06:50 AM

An Uber driver who went on a shooting spree that killed 6 people in the Midwestern US state of Michigan pleaded guilty to all charges Monday.  Read more »

Antitrust body boosts efforts this year, adds more industries to 'priority list'

ABS-CBN News
Updated as of Jan 03 09:47 PM

MANILA – The Philippine Competition Commission (PCC) on Thursday said it would add more priority sectors in its review portfolio starting with those that have a “potentially large impact” on consumers.  Read more »

S. Korea cab driver sets self ablaze in carpool protest

Agence France-Presse
Posted at Dec 10 06:11 PM

SEOUL - A South Korean taxi driver burned himself to death on Monday in protest at an Uber-like ride-sharing service being introduced by the country's largest mobile chat app, reports said. Read more »

Uber makes confidential filing for long-awaited IPO

Reuters
Posted at Dec 08 02:08 PM

Uber Technologies Inc has filed paperwork for an initial public offering, according to 3 people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley. Read more »

Ride-hail firm Lyft races to leave Uber behind in IPO chase

Joshua Franklin and Heather Somerville, Reuters
Posted at Dec 07 08:29 AM

Lyft's IPO will test investors' appetite for the most highly valued Silicon Valley companies and for the ride-hailing business, which has become a wildly popular service but remains unprofitable and has an uncertain future with the advance of self-driving cars. Read more »

Uber loss tops $1 billion as it seeks to diversify

Agence France-Presse
Posted at Nov 15 08:05 AM

Ride-share company Uber on Wednesday said that its net loss topped a billion dollars in the recently ended quarter as it pumped money into bikes, scooters, freight and food delivery. Read more »

Uber posts $1 billion loss in quarter as growth in bookings slows

Heather Somerville, Reuters
Posted at Nov 15 06:28 AM

SAN FRANCISCO - Uber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the latest quarter, the third quarter in a row that growth has remained in the single digits after double-digit growth for all of last year. Read more »

Uber driver facing kidnap charges in California

Agence France-Presse
Posted at Nov 07 06:00 AM

LOS ANGELES - An Uber driver in California is facing kidnapping charges for refusing to allow 4 passengers out of his vehicle on Halloween night. Read more »

Grab to seek reconsideration of P12 million fine

ABS-CBN News
Updated as of Oct 26 06:51 PM

Grab on Friday said it would file a motion for reconsideration contesting the P12 million fine imposed by the Philippine Competition Commission (PCC) for allegedly violating the orders regarding its merger with rival Uber Read more »

Uber aims to go all-electric in London in 2025

Reuters
Posted at Oct 23 07:07 PM

Uber plans for every car on its taxi app in London to be fully electric in 2025 and will add a clean air fee to each trip from early next year, its boss told reporters in the British capital city on Tuesday. Read more »

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 »