With Easy Ride trial, Nissan to rival Uber
Nissan Motor is taking its first steps to becoming an operator of autonomous automobile services, wanting to get into a segment set to be dominated by Uber and other similar companies. While automakers for more than a century have based their business models on specific vehicle ownership, Japan’s No. 2 automaker and its competitors are
- Published in Nissan
Uber former CEO Kalanick selling almost a third of stake for $1.4 billion
Uber Inc’s co-founder Travis Kalanick, who was ousted as CEO in June, is selling almost a third of his 10 percent stake in the ride-services company for about $1.4 billion, an individual knowledgeable about the matter stated on Thursday. Kalanick’s sale is part of a deal struck by a consortium led by SoftBank Group which
- Published in Uber
British city of Sheffield lifts suspension on Uber’s license
Sheffield has lifted a suspension on Uber’s operating license after they got the satisfactory answers to concerns about the taxi app’s management, in boost to the company’s British operations. Previously this month, local authorities in Sheffield said Uber’s license had been suspended after it failed to reply to inquiries. Uber stated it had received the
- Published in Uber
Uber submits request to Supreme Court appealing a decision in UK
Uber filed a request to appeal the Supreme Court a decision by a British tribunal which said its drivers should have employees’ rights such as the base pay, the taxi app stated on Friday. Last year, 2 motorists effectively argued at a British employment tribunal that the ride-hailing company exerted significant control over them to
- Published in Uber
Uber loses its licence to operate in London, says it will appeal
Uber stated it would challenge a decision by London’s transport regulator on Friday to remove it of its licence to run from the end of the month. Transport for London said Uber, whose licence ends on September 30, would be permitted to continue to run while the appeals procedure was exhausted. “Transport for London and
- Published in Uber