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UBER Board Votes in Favour of the Softbank Deal, Governance Changes

On Tuesday, the directors of Uber Technologies Inc voted to permit the SoftBank Group of Japan to invest in the ride services company and...

Uber’s UK Boss Quits as the Firm Fights to Keep London...

According to an e-mail seen by reporters on Monday, the top boss of Uber in Britain will quit the taxi-hailing app as the company...

Theresa May: ‘Disproportionate’ Uber ban has ‘damaged lives’

Theresa May, the British Prime Minister, stated that the decision of Transport for London to stop the operations of Uber in the capital has...

Uber Insists that it Treats Drivers No Differently Than Other Minicab...

Uber has dismissed the allegations that it treats drivers differently from other minicab firms in London as it appeals a legal ruling that the...

More Than Half a Million People Have Signed a Petition Protesting...

It seems that people in London are not happy with the decision of the Transport for London to remove Uber’s licence in the capital after...

‘Lack of Corporate Responsibility’: Uber Stripped of Its Licence in London...

In a major setback to the ride-hailing company and 3.5 million users in one of the world's richest cities, London has regarded Uber unqualified...

Taxify takes on Uber in crowded London taxi-hailing market

Taxify, an Estonian start-up, is about to go head to head with Uber in the highly competitive taxi-hailing market of London. It also has...

Uber investor sues former CEO Travis Kalanick for fraud

One of the investors in Uber is demanding the ride-hailing firm's former CEO, Travis Kalanick, the founder, for fraud, blaming him for trying to...

Uber under scrutiny ‘after leasing cars prone to fires in Singapore’

Uber’s car-lending business is encountering new problems after the firm leased vehicles prone to flare-ups in Singapore. According to Wallstreet, he ride-hailing corporation obtained capital from Goldman Sachs Group Inc.,...

Uber competing Grab to raise $2.5 bn in fresh financial investments

This news item was originally posted here. South East Asian ride-hailing company Grab has actually raised $2.5 bn (₤ 1.9 bn) in fresh funds, in...

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