Uber

Uber Says It Lost Almost $2 Billion In 2018

(CNN) - You may see an Uber every where you look, but the company says it lost nearly $2 billion last year. The ride-sharing service released its select financial results for 2018 Friday. The $1.8 billion loss it reported…

Inside Uber's Special Investigations Unit

(CNN) - Uber says they're focusing on safety in the new year, but sources tell CNN it's not enough. And an internal memo by the popular ride-share company says the people meant to investigate the most serious safety violations…

NYC Sets Minimum Pay Rate For Uber, Lyft Drivers

(CNN) - The wild west of ridesharing is getting reeled-in back east. New York's taxi and limousine commission voted in new regulations for Uber and Lyft Tuesday. The new rules establish a $17 .22 per hour minimum wage for…

Uber Launches $15 Ride Pass Monthly Subscription

(CNN) - Uber just introduced a new, monthly subscription that lets riders avoid unexpected surge pricing. The plan is called "Ride-Pass," and it starts at $14.99 a month, depending on your city. The subscription locks in consistent, flat-rate prices…

Uber, Lyft To Provide Free Rides To Polls

(CNN) - Election day is just one week away. Don't let a lack of a ride be your excuse for not casting a vote! Use Uber or Lyft to get to the polls! The ride share apps are offering…

Uber, Lyft to Provide Free Rides to Polls

(CNN) - Uber and Lyft are offering a unique service this election day. The ride share apps announced plans to offer free and discounted rides to the polls on November 6th. Lyft made the announcement back in August; while…

Uber to Pay $148M Over 2016 Data Breach

(CNN) - Uber makes a $148-million payment in connection to a data breach. The ride-share company was accused of purposely hiding a 2016 hack. According to the investigation, thieves stole information from about 57-million people. The breach wasn't revealed…

Uber to Ban Some Low-Rated Customers

(CNN) - Uber is trying to get rid of some of its rudest customers. The ride-sharing company updated its community guidelines Wednesday. The change focuses on passengers in Australia and New Zealand. According to the new rules, customers there…

Toyota Invests $500 Million In Uber

(CNN) - Toyota is placing a big bet on self-driving cars. The carmaker announced Monday it's investing a half-a-billion dollars in Uber. As part of the deal, the Japanese company will work closely with Uber in its development of…

Uber Finally Hires CFO

(CNN) - At long last, Uber has hired a chief financial officer as it prepares to go public in 2019. The ride-share giant announced Tuesday that it has tapped Nelson J Chai as CFO. That position has been vacant…