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FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
Uber explored takeover bid for Expedia
Buying travel website would be ride-hailing group’s biggest deal as it looks to diversifyBusiness - Financial Times - October 16 -
Uber’s drive for ‘super app’ status
The ride-hailing app is exploring a takeover of Expedia, which would be its biggest deal yetWorld - Financial Times - October 21 -
FAA rule creates 'operating environment' for 'air taxis'
The Federal Aviation Administration issued the final rule for air taxis and other electric-powered aircraft on Tuesday, calling the regulations the "final piece in the puzzle" to introducing these ...Politics - The Hill - October 23 -
Uber CEO Dara Khosrowshahi | 5 Questions
The Uber chief executive on company culture, competing with Amazon, and Elon Musk’s robotaxisBusiness - Financial Times - October 15 -
Uber Mulls Expedia Takeover Bid: FT
Uber is considering an Expedia takeover bid, the FT reported. CEO Dara Khosrowshahi was once Expedia's CEO. Uber stock fell overnight. Expedia jumped.Sports - Yahoo Sports - October 16 -
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.Business - MarketWatch - October 17 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - October 31 -
Uber and Lyft Drivers in Massachusetts Win Right to Unionize
A state ballot measure was the first of its kind in the United States, but labor advocates worry it could lock Uber and Lyft drivers out of full-time employment status.Tech - The New York Times - 2 days ago -
Massachusetts Votes to Let Uber, Lyft Drivers Unionize
Passage of the state ballot measure gives about 70,000 ride-share drivers the right to organize and engage in collective bargaining, which is not guaranteed to them under federal law.Business - Inc. - 3 days ago -
Fears children at risk due to out-of-town taxi licences
Children are being put at risk of abuse across the UK due to less stringent taxi rules, a Labour MP warns.Top stories - BBC News - October 21 -
Ultra-rich using jets like taxis, climate scientists warn
Researchers worked out the amount of planet-warming gas released by private jets over four years.Top stories - BBC News - 2 days ago -
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Man, 76, dies following crash between car and taxi
The collision, involving a white BMW X6 and a black Kia Ceed taxi, happened on Cochrane Avenue at about 03:05.Top stories - BBC News - 11 hours ago -
Waymo, Uber, Lyft Are Biggest Winners From Tesla's Robotaxi Flop
Tesla’s disappointing Robotaxi event highlighted how late the company is to the autonomous-vehicle race, leaving the door wide open for its competitors.Business - The Wall Street Journal - October 11 -
Uber ate my money, but it won’t listen when I try to complain
You can give up trying to make contact, even when it involves reporting suspected fraud. Uber and Uber Eats debited seven unauthorised payments, totalling more than £100, from my debit card. I ...World - The Guardian - October 14 -
Uber has discussed a bid for travel booking company Expedia
Uber has discussed a potential bid for the travel booking company Expedia, CNBC confirmed.Business - CNBC - October 17 -
Uber reportedly weighed buying Expedia. Analysts have reservations.
Shares of Expedia Group Inc. rallied after the Financial Times on Wednesday reported that ride-hailing giant Uber Technologies Inc. had weighed a possible purchase of the travel-booking platform. ...Business - MarketWatch - October 17 -
Protesters Say Uber and Lyft Are Still Failing Their Blind Passengers
At a protest in San Francisco, blind Uber and Lyft users claim that the ride-hailing companies aren’t doing enough to prevent drivers from turning them away.Tech - Wired - October 20 -
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Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - October 31 -
Uber logs an earnings beat — but misses on a closely watched industry metric
Uber’s stock is falling after a miss on gross bookings, which measures the dollar value of things like rides and delivery orders.Business - MarketWatch - October 31 -
Lilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvency
German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria.Business - CNBC - October 23 -
Air Taxis Inch Closer to 2025 Takeoff After Long-Awaited FAA Rule Passes
The regulator’s specifications for air taxi operation allayed startups’ fears that its newly minted aircraft category created wouldn’t jibe with their designs.Business - Inc. - October 23 -
Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.Business - CNBC - October 24 -
Vice Presidential Candidate Tim Walz Finally Gets To Play Crazy Taxi Again
After he was announced as Kamala Harris' running mate in the U.S. Presidential race, it was revealed that Vice Presidential candidate Tim Walz was once such an avid gamer that his wife made him ...Tech - GameSpot - October 28 -
‘Used like taxis’: Soaring private jet flights drive up climate-heating emissions
Analysis of 19m flights between 2019 and 2023 reveals 50% rise in emissions, condemned as ‘gratuitous waste’. Private jet flights have soared in recent years, with the resulting climate-heating ...World - The Guardian - 2 days ago -
ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live
Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...World - The Guardian - October 17 -
New York woman charged with pepper-spraying Muslim Uber driver as he prayed
A New York woman has been charged with assault as a hate crime after she allegedly pepper-sprayed her Muslim Uber driver as he praying at a red light, prosecutors said Thursday.Top stories - NBC News - October 31 -
Woman who allegedly pepper-sprayed Muslim Uber driver while he was praying charged with hate crime
A New York woman who allegedly pepper-sprayed a Muslim Uber driver while he was praying was hit with hate crime charges, according to officials. Jennifer Guilbeault, 23, was indicted Monday in the ...Politics - The Hill - October 31