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Uber Technologies sued New York City to block enforcement of a new law that it said would unconstitutionally force ‌it to keep drivers it does not want on its platform. In a complaint filed ‌late on Tuesday night, Uber said the law against "wrongful deactivations" would improperly shield drivers who engage in dangerous, threatening ​or other inappropriate behavior, threatening public safety and causing "immediate and irreparable harm" by undermining the company's reputation and goodwill. It said the law violates its free-speech and due-process rights under the U.S. Constitution, as well as New York's state constitution.

By Mirko Miorelli and Inti Landauro ROME, June 10 (Reuters) - Ride-hailing app Bolt launched operations in Milan on Wednesday in the first stage of a push to shake up the Italian urban transport

Find insight on Uber, Porsche, XPeng and more in the latest Market Talks covering Auto and Transport.

Uber said its users could sign up from Monday for a chance to ride in London's first robotaxis ‌powered by AI technology from British start-up Wayve as soon as regulators ‌give the go-ahead for launch, which it expects in the coming months. Autonomous vehicles are a strategic priority ​for the ride-hailing company, and it has partnered with more than 30 firms across the world on self-driving freight, delivery and taxi services, with millions of autonomous trips already taken. In London, it is working with Wayve to launch services that will work as regular ‌UberX, Uber Electric or Uber ⁠Comfort, except the vehicle will be driven by AI.

Investing.com -- Tesla (NASDAQ: TSLA) is making progress in autonomous driving, but Waymo remains the clear leader in commercial robotaxi operations, according to a Barclays research note.

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Uber (UBER) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Every company in America is being told to embrace AI. Very few are being honest about what will happen when the bill arrives. Uber (UBER) just became one of the first major technology companies to publicly acknowledge a problem that is quietly spreading across corporate America: AI tools are ...

Walmart is using its driver network to go toe-to-toe with food-delivery companies such as Uber Technologies and DoorDash.

Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the ‌extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has ​been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll ‌out 35,000 robotaxis using Lucid's Gravity ⁠SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.

Serve Robotics, operator of a fleet of urban delivery robots, is expanding beyond food delivery to laundry delivery.

40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.

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The announcement, which comes at the beginning of Nvidia’s GTC conference in Taipei, marks the latest move from Uber to roll out self-driving vehicles in Europe.

Uber and Israel-based Autobrains said on Monday ‌they plan to launch ‌a robotaxi programme in Munich in collaboration with ​U.S. chipmaker Nvidia, marking a push to scale autonomous ride-hailing in Europe. The companies said they aim to ‌combine Uber's ⁠mobility network with Autobrains' "agentic AI" driving system, running on ⁠Nvidia's Drive Hyperion platform, with Munich set to serve as the ​first deployment ​city, pending ​regulatory approval. They said ‌the programme is designed to move robotaxi services beyond isolated pilots by creating an "OEM-agnostic" model that can operate across multiple vehicle platforms and ‌urban markets.

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The U.S. company now holds 36.83% of Delivery Hero’s voting rights, up from 25.1% previously, according to a regulatory disclosure on Wednesday.

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Ninety-five percent of Uber's engineers use AI tools every month. Seventy percent of committed code is now AI-generated. By almost any adoption metric, the rollout has been a success. So why is the COO saying the costs are getting harder to justify? Uber (UBER) COO Andrew Macdonald made a candid ...

Investing.com -- Food delivery giant Uber Technologies is pursuing a takeover of Delivery Hero in a deal that could reshape the global delivery industry, analysts said.

Find insight on MISC, HD Hyundai Heavy Industries, SATS and more in the latest Market Talks covering Auto and Transport.

Uber has emerged as the biggest shareholder in Delivery Hero after making sizable stake purchases in recent weeks.

Uber has emerged as the biggest shareholder in Delivery Hero after making sizable stake purchases in recent weeks.

Delivery Hero said on Saturday that Uber had offered to buy it in a deal that would value the company at over €10bn, after the FT reported that...

(Bloomberg) -- Uber Technologies Inc. proposed buying Delivery Hero SE for €33 ($38) a share as it seeks to better compete with DoorDash Inc. outside the US. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentUAE Joins Saudis, Qatar in Urging Trump Not to Restart WarTrump to Force Foreigners Seeking Green Cards to Go Home FirstAttack on UAE Nuclear Plant From Iraq ‘Warning Shot’ by IranMessi Joins Ronaldo in Billionaire Football Ranks After US DealsA statement from

Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, setting up a battle for the German...

Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, setting up a battle for the German...

May 21 - Ride-hailing firm Uber saigned an agreement with Indian steel-to-cement conglomerate JSW Group on Thursday to develop and deploy electric vehicles for the domestic market. 

SpaceX already defies the law of gravity. The rocket maker is looking to raise as much as $80 billion or more in its initial public offering, making it the biggest ever in terms of funds raised. If its market value at offering reaches $1.71 trillion, that would top the previous record for valuation of a newly public company, set in 2019 by the Saudi Arabian Oil Co., known as Aramco.