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Uber Technologies Inc. has been fined €825 million ($963 million) by Dutch authorities for using automated systems to suspend driver accounts, in what is the second-largest penalty under the European Union’s General Data Protection Regulation.
Tesla is surging while two other companies that got the exact same regulatory approval barely moved, and a safety crisis in its most important overseas market is somehow not slowing the rally down.
Drivers suspected of inflating fares or accepting trips they wouldn't complete were suspended
The penalty could become the second-largest ever under GDPR.
The Dutch Data Protection Authority (AP) has decided to fine Uber €825 million ($966 million) under European data protection rules for deactivating driver accounts through automated systems without adequately informing them, according to an August 17 decision reviewed by Reuters. The penalty would be the second-largest ever issued under Europe's General Data Protection Regulation, behind a €1.2 billion fine imposed on Meta by Ireland in 2023 for unlawfully transferring European Facebook users' data to the United States, which Meta is appealing. Uber said it would also appeal.
Pony AI (NasdaqGS:PONY) launches its first autonomous ride service on Uber in Europe, starting operations in Zagreb in partnership with Uber and Verne. The service marks a shift from pilot programs to commercial autonomous ride hailing for Pony AI in the region. The rollout provides a live test of Pony AI's joint deployment model with Uber and Verne for potential use in other European and Middle Eastern cities. For a broader view of how AI powered transport and mobility depend on the...
After years of experiments and setbacks, some of America’s biggest delivery companies are racing to make drones mainstream.
Together, these permits would allow up to 8,000 robotaxis to be deployed over the next 12 months.
Autonomous rideshare operator — which is owned by Alphabet (GOOG, GOOGL) — has begun building its own AI chips to better optimize sensor data, according to Bloomberg. Yahoo Finance Tech Editor Dan Howley examines Waymo's move to bring more of its technology in-house.
Uber Technologies (UBER) has begun offering autonomous rides through its app in Zagreb, working with Verne and Pony.ai to bring a commercial robotaxi service into Uber’s European mobility network. See our latest analysis for Uber Technologies. Uber Technologies’ recent autonomous launches in Zagreb and Dubai, alongside new partnerships in Japan and U.S. drone delivery, arrive as the stock trades at US$78.04 with a 30 day share price return of 8.13% and a 5 year total shareholder return of...
The “Mad Money” host remains bullish on a ride-hailing giant, calling it a strong long-term stock
The company still owns more than 186 million shares.
The S&P 500 (^GSPC) is often seen as a benchmark for strong businesses, but that doesn’t mean every stock is worth owning. Some companies face significant challenges, whether it’s stagnating growth, heavy debt, or disruptive new competitors.
Gov. JB Pritzker (D-Ill.) defended the state’s multibillion-dollar investment in public transportation, arguing that strengthening transit is critical to the state’s economy and millions of daily riders. Pritzker Defends Illinois Transit Investment On Saturday, in a post on X while...
After raising $1.7 billion for his new robotics company Atoms, Travis Kalanick is introspective about the role VCs have played in his career.
The firm isn’t backing off its bullish stance, even as near-term numbers worsen.
The biggest obstacle to enterprise AI agents isn’t how smart the model is. It’s how fragile the system around it turns out to be. As of March 2026, only 11% to 14% of enterprise AI agent pilots ever reach production scale. Most hit the same wall: a server crashes mid-task, an API times out, or […]
Maplebear's Arpalus deal adds real-time shelf visibility, sharpening inventory intelligence and supporting fulfillment and AI shopping experiences.
Uber's Q2 earnings beat, strong bookings growth, diversification and AV partnerships give it an edge over Lyft despite the latter's cheaper valuation.
Hedge fund legends are quietly loading up on a ride-hailing stock that most everyday investors write off as a dinosaur facing extinction. What they see that the crowd is missing could completely reframe how you think about the autonomous vehicle revolution.
Tesla's planned August Cybercab launch in Austin could pressure ride-hailing economics, with analysts weighing exposure at Uber, Lyft and Tesla amid shifting margin and valuation risks.
Serve Robotics stock has fallen 61.5% year to date, which raises a clear question for investors about whether the current price fairly reflects the risks in its changing commercial relationships and expansion plans. The share price decline of 61.5% year to date suggests the market has sharply reset expectations for Serve Robotics. Expansion of robot delivery partnerships and hospital robotics can support longer term revenue potential, while uncertainty around the future of the Uber...
On August 17, Uber Technologies (NYSE:UBER) announced a partnership with drone delivery company Zipline to bring autonomous drone delivery to Uber Eats customers across the United States, alongside a strategic investment in the company. The deal is Uber’s second major drone bet after last year’s tie-up with Flytrex, and it lands as the ride-hailing giant […]
Kids these days don't know how good they have it.
On August 17, Serve Robotics (NASDAQ:SERV) said it is partnering with Grubhub to fulfill orders on the food delivery platform using its sidewalk robots. The deal lands just days after the company’s years-long tie-up with Uber Eats fell apart, and it marks Serve’s attempt to plug that gap with a new revenue channel. The Grubhub […]
Aurora Innovation operates the only driverless Class 8 trucks running at scale on U.S. public roads, and that monopoly position is drawing serious attention from some of the heaviest hitters in freight and tech.
Institutional investors added more than 70 million shares of EV maker Rivian Automotive Inc. (NASDAQ:RIVN) in the second quarter of 2026. Amazon, Uber in the Mix According to a report by Electric Vehicles on Tuesday, 417 holders raised their positions in the EV maker by a combined 106,424,812 shares, while 318 investors cut back on Rivian by 31,005,657 shares. 85 investors exited their position in the automaker, opening up 4.9 million shares, the report said. Read Also: North American EV Sales F
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