Uber Scraps Money-Losing Leasing Business
Xchange Leasing turned out to be losing an average of $9,000 per car — 18 times what Uber had expected.
Uber Settles FTC Case Over Privacy Violations
"Our order requires a culture of privacy sensitivity for Uber," Acting FTC Chair Maureen Ohlhausen says of the settlement.
CFOs on the Move: Week Ending June 3
Uber, Eli Lilly, Occidental Petroleum, Dunkin' Brands, Cloudflare, American Express Business Travel, Neiman Marcus, Proterra, Knoll, Tivity Health
Finance Chief Gupta Joins Uber Exec Exodus
The head of finance is leaving the company amid a series of controversies that may delay an initial public offering.
Money, Exit Options Drying Up for Unicorns
Venture investors and public markets are starting to balk at the sky-high valuations of some tech startups.
Apple Makes $1B Investment in China’s Uber
The move comes as Apple's core iPhone business is maturing — and investors speculate it is developing a self-driving car.
Unlocking Hidden Value Through ‘Ubernomics’
How companies like Uber and Airbnb are showing the way to a new, collaborative economy.
GM, Lyft Driving Toward Driverless Car Future
The automaker is investing $500 million in Lyft, which will develop software to bring self-driving cars to customers' doors.
New State Laws Support Uber’s Business Model
Uber classifies drivers as independent contractors rather than employees.
Struggling Taxi Medallion Lender Seized By Regulators
The rise of Uber and other ride-sharing services in New York has resulted in a surge in loan delinquencies at some credit unions.
Taxi Cab Lenders Lose Suit Over Ride-Sharing
A New York judge dismisses a suit in which four credit unions challenged city rules allowing Uber to pick up passengers.