Uber

Uber will not operate in San Antonio

Uber will not operate in San Antonio

San Antonio announced on Tuesday that ride-sharing company Uber cannot operate in the city. But, the neighboring towns of the second most populous city in the state of Texas said that they want the company provide its ridesharing services in their cities.

Earlier this month, San Antonio officials signed off a rule which requires drivers to have permission to operate in Alamo city. According to reports, if a driver picks up a passenger in nearby cities, the Uber driver will not be able to use streets of San Antonio to reach at the destination.

Taxi companies sue Uber over misleading people through ads

Taxi companies sue Uber over misleading people through ads

More than a dozen California cab companies charged a lawsuit against Uber Technologies Inc. over misleading advertisements related to the safety provided by the company. According to the complaint filed by Yellow Cab Co. and other operators in Los Angeles, San Francisco and Santa Barbara, the company gives the wrong impression about the background checks it employs for screening of its drivers.

Uber, an American international company headquartered in San Francisco, California, generated $1.2 billion in December at a valuation of $40 billion. The company has been criticized a lot in some cities over its app-based, on- demand transportation service, which used drivers with no taxi or limousine licenses.

Uber CFO Brent Callinicos resigns

Uber CFO Brent Callinicos resigns

According to reports, chief financial officer (CFO) of Uber, Brent Callinicos, has decided to leave the job. Callinicos has decided to step down after working for about two years at Uber.

The reports stated that the CFO has taken the decision to spend more time with his family. Callinicos has provided more details about his decision in an email sent to the Uber team.

Callinicos said, "It is time to do what I have desired for a very long time; time to keep a promise to my wife of not missing another school play, swim meet, or academic achievement of our daughter's childhood".

Uber to recruit one million female drivers globally by 2020

Uber to recruit one million female drivers globally by 2020

Taxi-hailing service Uber has planned to hire more female drivers, citing safety concerns. The San Francisco-based company announced Tuesday that Uber will create 1 million jobs for women within the next five years in a partnership with the United Nations. The alliance aims to recruit drivers not just in the United States, but around the world.

Uber has been criticized in the past for a number of driver assaults on passengers. Also, highly-publicized assaults on women passengers, including the rape of one passenger in New Delhi, which has been cited as the main reason behind Uber's new move.

According to Salle Yoo, Uber's general counsel, driving for Uber offers flexibility and options that are particularly attractive for women.

Uber launches Uber Español for Latino Passengers

Uber launches Uber Español for Latino Passengers

The private international transport company, Uber, has launched a new Spanish-language feature, which will better serve its Latino users. On Monday, the popular, but controversial, ridesharing company launched the new feature, UberEspañol, in Tucson, Phoenix and San Diego.

According to reports, the new feature will be very helpful for the passengers as after its installation, they will not need any separate smatphone app. Instead of that, the consumers will plug in a promotion code to use the company’s basic service to communicate with a Spanish-speaking driver.

Breathometer partners with Uber to drive drunks back home safely

Breathometer partners with Uber to drive drunks back home safely

Washington, Feb 19 : Breathometer and Uber are reportedly teamingup to make sure that inebriated people go back home safe and sound.

According to Tech Crunch, the blood alcohol level breath analysis startup has announced a partnership and API integration with Uber.

Following the deal, any person who is found to be drunk up to the halfway point of the legal limit in California (.04 blood alcohol concentration level) or higher on a Breathometer Breeze device will be asked to hire a cab.

CEO of Breathometer Charles Michael Yim reportedly said, "Access to a dependable and on-demand ride solution directly from our app for anyone that has been consuming alcohol is critical." (ANI)

Uber reportedly raised 1.6 billion dollars in deal with Goldman Sachs

Uber TechnologiesWashington, Jan 22 : Taxi firm Uber has reportedly raised 1.6 billion dollars following a deal with Goldman Sachs Wealth Management clients.

The money will be converted into an equity stake in the company when Uber decides to go public, the Verge reported.

Uber's value was pushed to 40 billion dollars this past December after it raised 1.2 billion dollars in financing.

The report said that people backing this loan believe it will be worth many times that at its inevitable IPO . (ANI)

New York suspends 5 of Uber's 6 bases over trip records

UberWashington, Jan 08 : New York's Taxi and Limousine Commission (TLC), which licenses taxicabs in the city, has temporarily suspended five out of six car hubs of Uber until they divulge electronic records of drivers' trips.

The TLC has asked Uber to produce data including, "the date of trip, time of trip, pick up location, and license numbers" and has demanded that the company pay 200 dollars fine for each of its bases in New York , reported The Verge.

Uber, on the other hand, has argued that the details demanded by the agency constitute trade secrets and sharing them could undermine its position in the market. They also said that such data could be a violation of drivers' privacy.

'Underfire' Uber may face ban in France as new licensing regulations take effect in 2015

UberWashington, Dec 16 : Following widespread protests in France, the government has signaled that it may ban Uber's low-cost service, UberPop, across the country as a new law requiring taxi drivers to hold licenses or insurance goes into effect on January 1.

The news came as three taxi unions occupied major highways around Paris to protest against Uber and the "unfair competition" it poses. The unrest was sparked by a French court ruling that said on Friday that UberPop could continue operations in France, reported The Verge.

Chinese internet giant Baidu to invest 600M dollars in 'under fire' Uber

Baidu to invest 600M dollars in UberWashington, Dec 13: Chinese internet giant Baidu is reportedly planning to invest up to 600 million dollars into Uber in a deal with the US firm.

According to Tech Crunch, a Baidu spokesperson confirmed that the company has arranged a press conference for next week when it will announce "an investment in and strategic cooperation deal with a prominent US-based startup."

The report said that a deal was expected to be announced next Wednesday, sealing the partnership between the two firms.

Baidu has focused on emerging markets, including Southeast Asia, Egypt and Brazil, where it recently acquired e-commerce site Peixe Urbano.

Uber slams India's new payment regulations for stifling businesses

UberWashington, Dec 2 : Uber has reportedly slammed India's new payment regulations, which requires a two-factor authentication process for all online transactions.

The US taxi app company referred to the new regulation as "an antiquated solution that is cumbersome for consumers and stifling for businesses."

The company said that user reluctance to switch from its credit card-based system "indicates their trust in Uber's payment system and a preference for more convenient yet secure online/mobile payments," Tech Crunch reported.

Uber introduces wallet-based payment system in India in wake of new regulations

UberWashington, Nov 14 : Uber has reportedly launched a wallet-style payment system in India in the wake of recent regulations, according to which all transactions need to pass through domestic payment systems.

Tech Crunch reports the new payment method now allows customers to essentially pay with their debit card or net banking account, in addition to a credit card as before.

However, it does not support cash payments.

Customers can put in money in their pre-paid wallet, which is then used to pay for their taxi rides.

Uber deducts payment from the wallet, rather than from a debit or credit card.




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