
Starting Thursday, passengers using Uber’s app in the U.K. capital could be matched with a vehicle outfitted with Wayve’s autonomous-driving technology.
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Starting Thursday, passengers using Uber’s app in the U.K. capital could be matched with a vehicle outfitted with Wayve’s autonomous-driving technology.

LONDON, Sept 3 (Reuters) - Uber launched autonomous rides in London on Thursday using AI technology developed by Britain's Wayve, making the city the second in Europe after Zagreb where the company

The German delivery company said its management and supervisory boards had independently reviewed the U.S. giant’s offer.

Find insight on Uber Technologies, Volkswagen, BMW and more in the latest Market Talks covering auto and transport.
Uber Stock Gains as Major Job Cuts Fuel Push Into Robotaxis and Core Business

On this episode of Stock Movers: - Uber Technologies (UBER) is cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. - Dell Technologies (DELL) shares gain after the company's second-quarter results beat expectations and it raised its full-year revenue forecast, supported by strong AI-related demand for its servers. - PG&E (PCG) plans to defer about $2 billion of investments next year as part of a strategic review of its businesses, a move that comes after it said a proposed revamp of California's wildfire response didn't do enough to protect the company and its peers from the cost of such disasters.

Uber Technologies is cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. Carmen Reinicke has more on "Bloomberg Open Interest."

Uber said it’s laying off 3,300 people to trim management layers and streamline divisions. About 10% of the company’s staff will be eliminated, Uber CEO Dara Khosrowshahi said today in a letter to employees. The restructuring comes after Uber softened its outlook last month.
Investing.com -- Uber Technologies (NYSE:UBER) shares rose 2.4% Wednesday morning following a Bloomberg report that the company plans to cut approximately 3,300 jobs, representing 10% of its global workforce, as part of a restructuring effort to reduce management layers.

The cuts represent 10% of Uber's global workforce and will reduce the number of managers by 20%
Investing.com -- Rosenblatt initiated coverage of the online travel and mobility sector, favoring the largest, most diversified platforms while staying on the sidelines on several names facing structural or competitive pressures.

The surge in Salesforce (CRM) stock reflects renewed confidence that the company can turn artificial intelligence into a growth catalyst rather than be disrupted by AI.

Cramer remains bullish on the social media company, saying it’s a buying opportunity despite its recent pullback.

Delivery Hero (ETR:DHER) reported accelerating second-quarter growth and raised its full-year outlook across gross merchandise value, revenue, adjusted EBITDA and free cash flow, as the company said investments in its “Everyday App” strategy were supporting both customer engagement and profitability

Aug 25 (Reuters) - Self-driving technology company Waymo said on Tuesday it would begin testing its autonomous vehicles in Munich in the coming weeks, laying the groundwork for a commercial ride-
Tesla will unveil the production Cybercab at a launch event in Austin, Texas, on September 3rd. This comes as Tesla ramps up its self-driving efforts, key to the company's big growth plans.

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.

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.

Co-founder and former Uber Technologies Inc. CEO Travis Kalanick has said that he does not have any regrets about the ride-hailing giant’s failed bid to acquire rival Lyft Inc. in 2014. Lyft’s Culture Was Very Different In an interview released...

Find insight on Uber, HMM, Volvo and more in the latest Market Talks covering the auto and transport sector.

Serve Robotics erased its Grubhub rally in a single session after a shocking guidance cut spooked investors, but the company insists robot delivery demand is accelerating even as its biggest delivery partner quietly backs away.

Pony AI (NASDAQ:PONY) reported second-quarter 2026 revenue of $36.2 million, up 69% from $21.5 million a year earlier, as growth in its robotaxi business accelerated and its fleet expanded to approximately 2,000 vehicles. Chairman and CEO James Peng said robotaxi revenue rose 691% year over year to

Baidu (NASDAQ:BIDU) said its AI-powered businesses accounted for half of its general business revenue in the second quarter of 2026, as the company reported rapid growth in AI cloud infrastructure and outlined continued investment in chips, models, applications and autonomous driving. Total revenue

Publicis Sports is teaming up with Kansas City Chiefs tight end Travis Kelce to tackle the Wild West of college athlete endorsements. The Publicis Groupe unit today announced Tekta, a name, image and likeness business to help brands select, structure and measure partnerships with student athletes and schools. Kelce will serve as an adviser, while the talent management firm that represents him, 3 Arts Sports, steps in as strategic operating partner.

Houthi militants are ramping up attacks along Yemen’s Red Sea coast, shutting operations at a strategic seaport and pushing closer to the Bab al-Mandeb, a critical shipping chokepoint, The Wall Street Journal’s Jared Malsin and Saleh al-Batati write. The militant group’s recent missile and drone attacks forced the closure of the port of Mokha, a key logistics hub for civilian shipping and for anti-Houthi forces operating along the coast, Yemeni authorities said. Shutting down the port makes it harder for the anti-Houthi forces to resupply and resist Houthi attacks.
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