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Uber shares fall as Covid variant raises spectre of less passenger use, and as court ruling prompts a halt to its taxi operations in Brussels.
FNY Investment Advisers LLC increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 4,900.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,500 shares of the ride-sharing company’s stock after buying an additional 2,450 shares during the period. […]

Uber drivers block Brussels Road tunnels

11:10am, Friday, 26'th Nov 2021 VRT NWS
A number of road tunnels in the centre of Brussels are blocked as drivers that work for the private hire app Uber continue their protest against a court ruling. The Court of Appeal in Brussels has ruled that they can no longer use a ridesharing app for their work.
Uber has been ordered to stop offering its main ride-hailing service in the Belgian capital of Brussels from Friday.

Gobsmacked: Why city banned Uber

09:24am, Friday, 26'th Nov 2021 Herald Sun Australia
Hundreds of furious Uber drivers have banded together in Brussels to oppose a new order that effectively bans 2,000 drivers from working.
Uber will be forced to halt all operations in Brussels from November 26, following a ruling issued by the citys Court of Appeal on Wednesday, De Stanaard reports While this blow to the ride-hailing giants business might come as a surprise to some, it has been brewing for over six years. Uber entered Brussels in 2014 with []
SevenBridge Financial Group LLC cut its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 1.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 30,441 shares of the ride-sharing companys stock after selling 519 shares during the quarter. SevenBridge Financial Group LLCs holdings in Uber Technologies were worth $1,364,000 as of its most []

Uber to shut services in Belgium on Friday after court ruling

01:23pm, Thursday, 25'th Nov 2021 Buziness Bytes
London, Nov 25 (IANS) Ride-hailing major Uber will halt its cabs in most of Belgium on Friday after a court ruling that extended an earlier 2015 order to also cover professional drivers providing its ride-hailing service. According to TechCrunch, Uber was studying the detail of the ruling to decide whether to appeal the decision with [] The post Uber to shut services in Belgium on Friday after court ruling appeared first on Buziness Bytes .
Uber will halt its ride-hailing service in most of Belgium tomorrow following a court ruling Wednesday that extends a 2015 order banning its p2p UberPop service to also cover professional drivers providing its ride-hailing service. Uber told us that it is studying the detail of the ruling to decide whether to appeal the decision with []
Uber will halt its ride-hailing service in most of Belgium tomorrow following a court ruling Wednesday that extends a 2015 order banning its p2p UberPop service to also cover professional drivers providing its ride-hailing service. Uber told us that it is studying the detail of the ruling to decide whether to appeal the decision with []

Belgium in Brief: Your Driver Won’t Be Arriving Soon?

11:46am, Thursday, 25'th Nov 2021 Brussels Times
From tomorrow 6:00 PM, Uber will disappear from the Brussels-Capital Region, it announced yesterday. The decision follows a ruling by the Brussels Court of Appeal that stated drivers can no longer work with the Uber app, based on an earlier court ruling against Uber from 2015. This decision forces the roughly 2,000 Uber drivers in […]
Hey there Im an Associate Product Manager (APM) at Uber and after a year on the job, Ive started interviewing APM candidates for Continue reading on Medium »
Officers from the Directorate of Criminal Investigations are investigating a robber with violence case that was allegedly meted on an Uber driver and his passenger. Police officers say that the driver, James Ndich was ferrying his passenger Augustus Mutisa,51, from Utawala where he had gone to withdraw some money from the bank. On their way […] The post Three fake police officers on the run after robbing Uber driver, passenger in Nairobi appeared first on K24 TV .
Naked Brand Group Limited (NAKD) with the stream of -3.26% also noticed, India Uber Technologies, Inc. (UBER) encountered a rapid change of -1.30% in the last hour of Wednesdays trading The post Glistening Stocks Review: Naked Brand Group Limited (NASDAQ:NAKD), Uber Technologies, Inc. (NYSE:UBER) appeared first on Stocks Equity .

Owlet infant monitoring sock pulled following FDA warning

08:47pm, Wednesday, 24'th Nov 2021 Deseret
Benson Morgan, 2 months old, wears an Owlet Vitals Monitor on Thursday, Sept. 5, 2013. Following receipt of a warning letter from the U.S. Food and Drug Administration, Owlet will stop selling the product until it earns medical device approval from the FDA. | Laura Seitz, Deseret News Following receipt of a warning letter from the U.S. Food and Drug Administration, Utah-based tech startup Owlet, innovators of a baby sock that monitors infant vital signs, will stop selling the product until it earns approval from the federal agency. The company reports it has sold over 1 million of the monitoring socks since it launched in 2015 and says it will continue to offer support for those who have already purchased the product. While the FDA did not cite any safety concerns, and is not asking for the product to be recalled, Owlet said it has halted sales of the monitors pending FDA approval. Owlet received a Warning Letter from the FDA regarding the Smart Socks regulatory status in the United States, an unsigned post to the Owlet website reads . The letter we received from the agency did not identify any safety concerns about the Smart Sock; rather, the FDA asserts that the Smart Sock should be classified as a medical device in the U.S. because of the heart rate and oxygen notifications.
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