Uber

Uber hopes to have its flying taxi service in operation by 2023.

High-level Uber uses will soon be able to hail a helicopter to get to JFK airport, cutting commute times to 30 minutes.

Uber has been losing billions of dollars but will now have to face public investors as the company is about to be listed on the New York Stock Exchange.

Ahead of Uber's historic IPO in the coming weeks, the ride-hail giant's self-driving car division received a $1 billion injection from Toyota, investment firm SoftBank, and automotive supplier Denso. Toyota and Denso will together invest $667 million and SoftBank will invest $333 million, valuing...

Uber on Thursday rolled out its self-driving car prototypes on public roads for the first time since the March accident where one of the prototypes hit and killed a woman, Elaine Herzberg, pushing a bicycle across a stretch of road in Tempe, Arizona. The prototypes are currently testing near Uber's...

Toyota is deepening its ties with Uber. The Japanese auto giant announced Monday it will invest $500 million in Uber, which follows an undisclosed investment made in 2016. Toyota also said Monday it will integrate Uber's self-driving technology together with its own Toyota Guardian active safety...

Uber will park its self-driving truck development in order to focus more resources on self-driving cars, the company announced Monday. The ride-hailing giant originally got into the game in 2016 when it acquired a startup by the name of Otto that was developing self-driving technology for trucks...

BMW on Tuesday announced that its car-sharing app ReachNow designed for Apple and Android smartphones will offer users the ability to hail a ride, just like the apps of Uber and Lyft. The ride-hailing service is currently open exclusively to ReachNow users in Seattle, Washington, after they've...

Uber may be gearing up for a new round of controversy due to a pending patent filed with the United States Patent and Trademark Office. The ride-sharing company has filed a patent for a controversial new technology that could route riders out of unsafe areas, and even discriminate against drivers...

According to a report from Tempe, Arizona, police, the human backup driver in Uber's self-driving car was watching television before the car struck and killed a pedestrian. Rafaela Vasquez, the human driver behind the wheel of the self-driving Volvo XC90, was streaming "The Voice" via the Hulu app...

Toyota announced Wednesday it will invest $1 billion in ride-hailing giant Grab, valuing the six-year-old company headquartered in Singapore at approximately $10 billion. It represents the largest investment by an automaker in ride-hailing and is the fourth for Toyota in the sector. The automaker...

Despite recent scandals and setbacks, Uber has big plans in the near future. The ride-sharing company has high hopes to one day be "the Amazon for transportation," CEO Dara Khosrowshahi said. Khosrowshahi made the comments and announced plans for a potential initial public offering in 2019 in a...

Uber has selected France as the future home for flying taxi production and will invest $23.4 million in the country over the next five years. According to a CNN report on Thursday, the money will be spent to develop the flying taxis. Uber also announced a five-year research partnership with Ecole...

A preliminary report released Thursday by the National Transportation Safety Bureau determined that a self-driving Volvo equipped with Uber's self-driving sensors spotted a pedestrian roughly 6 seconds before it struck and killed her, but didn't attempt to stop because the automatic braking feature...

Uber believes it will have its self-driving cars back on the roads in "a few months," as the company awaits a preliminary report from the National Traffic Safety Board. The ride-hailing company's CEO Dara Khosrowshahi spoke of the future plans at Uber's Elevate conference in Los Angeles earlier...

The March 18 crash in Tempe, Arizona, where one pedestrian was struck and killed by an Uber self-driving car based on a Volvo XC90, has caused massive reverberations across the industry. The latest company to take a step back from self-driving car technology? Nvidia. Reuters reported on Tuesday...

Arizona on Monday blocked Uber from conducting further tests of self-driving cars on the state's roads as a result of last week's fatal crash involving a pedestrian and one of the test cars. In a letter sent to Uber CEO Dara Khosrowshahi and shared with Bloomberg, Arizona Governor Doug Ducey said...

Uber is paring back more of its loss-making operations with the announcement on Monday that it is retreating from the Southeast Asian market. Uber will sell its operations in the market to Singapore-based Grab, a rival ride-hailing company that's been the biggest challenger to Uber in Southeast...

Arizona officials on Wednesday released grainy footage of the Uber self-driving car crash that killed a 49-year-old woman. The video may pose more questions than it answers. The video stops moments before the impact that killed 49-year-old Elaine Herzberg. It depicts a dark night, a figure that...

A woman was killed Sunday night in Tempe, Arizona, after she was hit by a self-driving car operated by Uber. It is the first known pedestrian death caused by a self-driving car. The woman was crossing the street but was not in the crosswalk, according to reports. According to a statement issued by...