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UBER - Uber Technologies Inc
$26.50
0.08(0.30%)8:00:02 PM 9/30/2022
Uber Technologies, Inc., commonly known as Uber, is an American company that offers vehicles for hire, food delivery , package delivery, couriers, freight transportation, and, through a partnership with Lime, electric bicycle and motorized scooter rental. The company is based in San Francisco and has operations in over 900 metropolitan areas worldwide. It is one of the largest providers in the gig economy and is also a pioneer in the development of self-driving cars. Uber is estimated to have over 110 million monthly active users worldwide. In the United States, Uber has a 67% market share for ride-sharing and a 24% market share for food delivery. Uber has been so prominent in the sharing economy that the changes in industries as a result of it have been referred to as uberisation, and many startups have described their products as "Uber for X".
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    09/30/2022UBER
    NYC Arranges $225 Million in Debt Relief for Taxi Drivers

    (Bloomberg) -- New York City has arranged over $225 million in debt relief for more than 1,000 taxi medallion owners to aid an industry battered by competition from Uber Technologies Inc. and other app-based car services, Mayor Eric Adams said.Last month, the Adams administration finalized an agreement with Marblegate Asset Management, the largest medallion lender in the city, and the New York Taxi Workers Alliance that offers debt relief to more than 3,000 medallion owners. Many struggling driv

    09/30/2022UBER
    Hundreds of gig driver jobs under threat in Spain as new rules kick in

    Hundreds of ride-hailing app drivers in Barcelona and other Spanish cities could lose their jobs on Saturday when a deadline for new rules covering these services expires, drivers and fleet owners told Reuters. Spain's regional governments were told to issue new rules for private cars transporting passengers hired through mobile platforms such as Uber, Bolt and local rival Cabify, after protests from taxi drivers over unfair competition. Some regions, such as Madrid and Andalusia, are allowing...

    09/30/2022UBER
    Microsoft Yet To Fix Two New Exchange Zero-Day Bugs; Expert Claims A China Connection

    Microsoft Corp (NASDAQ: MSFT) confirmed two unpatched Exchange Server zero-day vulnerabilities cybercriminals exploit in real-world attacks. Cybersecurity company GTSC, which first discovered the flaws, said cybercriminals used the two zero-days in attacks on their customers' environments dating back to early-August 2022. Microsoft identified one bug as a server-side request forgery (SSRF) vulnerability. The other bug allowed remote code execution on a vulnerable server when PowerShell is access

    09/30/2022UBER
    Better Growth Stock: Uber Technologies vs. Grab Holdings

    Back in 2018, Uber Technologies (NYSE: UBER) sold its Southeast Asian business to Grab Holdings (NASDAQ: GRAB), a start-up that bundled various transportation, food delivery, and payment services together into a single "super app." In exchange, Uber received a 27.5% stake in Grab. Grab subsequently conquered about three-quarters of Southeast Asia's ride-hailing market, according to Blackbox Research, and it went public last December by merging with a special purpose acquisition company (SPAC).

    09/29/2022UBER
    9 Philadelphia restaurants receive $10,000 grants from Uber, Visa

    Nine Philadelphia restaurants have received $10,000 each through a national grant program geared toward helping small businesses recover from the economic effects of the Covid-19 pandemic. The Grants for Growth program, launched by Uber Technologies Inc. (NYSE: UBER) and Visa Inc. (NYSE: V), provided $1 million in grant funding to small restaurants in 10 cities across the United States where there is an active Uber Eats program. The Philadelphia restaurants selected are: 4 Dukes El Merkury ...

    09/29/2022UBER
    25 New York City restaurants get grants from Uber, Visa

    The Grants for Growth program provided $10,000 grants to 100 Uber Eats member restaurants in 10 major markets across the country.

    09/29/2022UBER
    Uber and Visa Provide $1 Million in Grants and Resources to Support Small Businesses

    Uber (NYSE:UBER) and Visa (NYSE:V) today announced the recipients of Grants for Growth, a program that provided $1 million in grant funding to small businesses in 10 U.S. cities that are currently active on Uber Eats. The program was administered by Local Initiatives Support Corporation (LISC). Focused on restaurant recovery and entrepreneurship, the program was created earlier this year as a way to support merchants when they need it most, particularly as they recover from the pandemic.

    09/28/2022UBER
    Uber Technologies (UBER) Gains But Lags Market: What You Should Know

    Uber Technologies (UBER) closed at $28.04 in the latest trading session, marking a +1.7% move from the prior day.

    09/28/2022UBER
    Which San Francisco ride-hailing giant is curbing hiring more: Lyft or Uber?

    Both San Francisco-based ride-hailing giants have now hit the brakes on hiring plans, with Lyft's announcement of a full hiring freeze for the rest of 2022 surpassing Uber's move to trim hiring four months ago. “Like many other companies navigating an uncertain economy, we are pausing hiring for all U.S.-based roles through the end of the year," a spokesperson for Lyft (Nasdaq: LYFT) told me in a statement on Wednesday. The news comes amid a larger economic downturn that has sent the San Franc...

    09/28/2022UBER
    Lyft (LYFT) to Stop Recruiting Employees Through Year-End

    Lyft (LYFT) started informing aspirants about the decision to freeze job enrollment.