Uber Stock News

An Uber passenger has been left bewildered and infuriated after he was charged £71 for a 2 mile trip in the capital. Leon took to social media to share his outrage at the price of the journey which worked out over £35 per mile. Posting on Twitter @leoncliff_ Leon wrote: "Hey Uber, why was I charged £71 for a 2 mile trip last night, despite being shown a different amount when booking. "In what world is this ok? No way to sort this on your website or app." Leon continued: "How does raising a fare

Viking Global made big moves in transportation, tech and health care during the fourth quarter.

If Uber does jump onto the cryptocurrency bandwagon, it would be joining a number of tech firms including Microsoft, AT&T and Wikipedia

The post Uber to soon start accepting crypto payments appeared on BitcoinEthereumNews.com . Crypto payments on ride-hailing major Uber to start soon Uber CEO remains optimistic about the change but the waits for the right time It plans to be completely electric by…

China''s Uber Technologies Inc (NYSE: UBER ) counterpart DiDi Global Inc (NYSE: DIDI ) looks to reduce its overall headcount by 20% as it pushes ahead with its Hong Kong listing, Bloomberg reports . Most of DiDi''s core businesses will be affected by the cuts. DiDi aims to reduce expenses ahead of the Hong Kong listing. The report adds that … Full story available on Benzinga.com

Transport for London (TfL) has been putting pressure on Uber and its ride-hailing rival Bolt to rewrite their business plan in response to a High Court ruling in December.

The ride-hailing company squeezed Uber out of China and has dominated the Chinese ridesharing market.

The PIF owns stake in companies like Lucid, Uber Technologies, Pinterest among others

Uber, one of the leading cab-hailing service companies, will eventually accept cryptocurrency as payment. The companys chief executive officer, Dara Khosrowshahi, confirmed that this report is true. Last year, the Uber…

Melvin Capital Management took a new stake in Uber (UBER) with 7.8M common shares, according to the fund''s latest 13-F filing. Exited Mastercard (MA) from 2M shares in the previous…

Uber CEO Dara Khosrowshahi has revealed that the app will accept Bitcoin and other cryptocurrencies “at some point” in the future. Uber Platform Will One Day Accept Bitcoin And Other Cryptos As Payment In an interview with Bloomberg, the Uber Technologies Inc. CEO Dara Khosrowshahi has said that the company has been having internal discussions […]

Someone with a lot of money to spend has taken a bearish stance on Uber Technologies (NYSE: UBER ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with UBER, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 23 uncommon options trades for Uber Technologies. This isn''t normal. The overall sentiment of these big-money traders is split between 34% bullish and 65%, bearish. Out of all of the special options we uncovered, 4 are puts, for a total amount of $187,789, and 19 are calls, for a total amount of $1,113,945. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears … Full story available on Benzinga.com

Uber users will eventually be able to pay for rides using Bitcoin, said CEO Dara Khosrowshahi..

Ubers chief executive officer Dara Khosrowshahi, has confirmed that Uber will accept cryptocurrency at some point in the future. In an interview with Bloomberg Television, Khosrowshahi outlined why Uber has not yet ventured into digital currencies, citing environmental concerns and the high cost of transaction fees, but also noted that the time will come when the transport and delivery company does explore crypto payments: Were having conversations all the time. "The exchange mechanism is expensive, it''s not great for the environment. As the exchange mechanism becomes less expensive, becomes more environmentally friendly, I think you will see us lean into crypto a little bit more." Uber has hinted at their interest in digital currencies on several occasions. Last year Khosrowshahi told CNBC that they would be looking into accepting digital currencies, and the company was considering investing in Bitcoin using corporate cash. The CEO of Uber brought up concerns with the energy efficiency of crypto such as Bitcoin, as one of the reasons Uber has not yet decided to accept cryptocurrency.