Uber Technologies News

Reinsurers Invest in Fintech Startups to Diversify and Grow in Soft Market

When Micah Carr-Hill wanted to insure Chief, the Labrador that helps with his son’s autism therapy, he found an ally in Munich Re, the world’s biggest reinsurer. The German company had just teamed up with a U.K. internet startup to …

AXA to Provide Accident Cover for Uber Drivers in France

Uber and insurance group AXA have joined forces in France to offer accident cover for drivers who work for the ride hailing service after it faced criticism over their treatment. In France, as in other countries, Uber has been challenged …

Uber Drivers Arrested in Hong Kong for Driving Without Insurance

Hong Kong police on Tuesday arrested 21 Uber drivers for illegal car-hiring as part of a clamp down against Uber Technologies Inc.’s operations in the Asian financial city. The arrests marked the latest upset for the San Francisco-based technology company, …

Uber Faces Biggest Challenge to European Plans in Region’s Top Court

Uber faces the biggest challenge yet to its European roll-out after the region’s top court was advised to rule that the U.S. ride-hailing firm is actually a transport service not an app. Although the opinion of the Court of Justice …

Uber Builds Toronto AI Team, as It Awaits Outcome of Autonomous Car Lawsuit

Uber Technologies Inc., in the midst of legal battle with Alphabet Inc. over self-driving car technology, is building a new artificial intelligence team in Toronto to help improve its autonomous vehicle software. The team will be part of Uber’s Advanced …

China Ride-Hailing Firm, Didi, to Go Global After Record Funding

Chinese ride-hailing giant Didi Chuxing just raised more than $5.5 billion, giving Uber Technologies Inc. Chief Executive Officer Travis Kalanick one more thing to worry about. Didi’s record funding round is said to value the company at more than $50 …

UK Uber Drivers Can Now Buy Injury & Illness Insurance

Uber Technologies Inc. will begin offering U.K. drivers the ability to buy injury and illness insurance, a step to provide a safety net for the independent drivers it has long been criticized for treating poorly. The benefit is a first …

Uber Faces Hike in London License Fees, in Latest Blow for Ride-Hailing Firm

Taxi app Uber could face an increase in operator license fees in London under proposed changes by the city’s transport authority, the latest in a series of moves by regulators to rein in a firm that has disrupted the traditional …

Uber Sees EU Growth Despite Impending EU Court Ruling, Denmark Setback

Uber Technologies sees opportunities to expand in the Europe Union, despite withdrawing its ride-hailing service from Denmark and facing the possibility of an EU court ruling that could mean tougher rules for the firm, an Uber executive said. Danes hailed …

Apple Soon Will Begin Road-Testing Self-Driving Car Software: Source

Apple Inc. will soon take its self-driving car software platform to public streets for the first time, a major step that gets the world’s largest technology company into a crowded race to reshape transportation. The California Department of Motor Vehicles …