Grab is planning to earmark $150 million for additional research into artificial intelligence (AI), Bloomberg reported on Thursday (Sept. 5). Over the next year, the Southeast Asian ride-hailing startup will advance its developing business, which now offers food delivery, digital payments and digital content. Get...
A superior court in Brazil has decided Uber drivers are independent from the company, according to a report by Bloomberg. The decision was handed down unanimously by 10 judges, overturning a previous ruling. Get the Full Story Complete the form to unlock this article and enjoy...
Shares of Uber and Lyft hit their lowest levels ever on Tuesday (Sept. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Summer is unofficially over and the kids are back in school. For some, that’s a mix of good and bad news (summer with children can be difficult, after all, no matter how well behaved they are), and for the fledgling ridesharing service Zum, it’s another...
Google Maps users can now plan trips across different modes of transportation, with a new feature pairing bike routes and transit with ridesharing, VentureBeat reported on Tuesday (Aug. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Uber is trying to reassure its customers before a tell-all book about the company is released. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Texas Gov. Greg Abbott announced that Uber will receive $24 million from the state to establish a new U.S. General and Administrative Hub in Dallas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Uber shares have hit their lowest level ever following devastating Q2 losses of $5.2 billion, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Facing losses, San Francisco-based Uber is instituting a tech hiring freeze among other cost-savings measures, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
