Latest News Updates From Eric Newcomer

Government, Business, Technology

Uber’s Bid to Acquire Grubhub Draws Rebukes

Uber Technologies Inc.’s offer to buy Grubhub Inc. antagonized officials in Washington and major U.S. cities, who already were taking steps to limit the fees companies charge restaurants and regulate their treatment of workers. If a deal between the companies proceeds, analysts said it is likely to face antitrust scrutiny.

May 13, 2020
Business, Logistics

Amazon Nudges Customers Away From Nonessential Items

The pandemic has many of us acting in unusual ways, and the world’s largest e-commerce company is no exception: Amazon.com has begun discouraging users from buying things they don’t need.

April 17, 2020
Business, Technology, Logistics

Uber to Cut About 400 Employees, Citing ‘Mediocre Results’

Uber Technologies Inc. said it’s cutting a third of its marketing department globally, as the CEO seeks to address concerns that the business is slowing down.

July 29, 2019
Business, Technology, Autonomous

Toyota Invests $500 Million in Uber

Toyota Motor Corp. is expanding an alliance with Uber Technologies Inc. through a new investment and a plan to get self-driving cars on the road, a person familiar with the matter said.

August 27, 2018
Business, Technology, Autonomous

Uber CEO to Take Leave, Diminished Role After Workplace Scandals

Uber Technologies Inc. CEO Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will strip him of some duties and appoint an independent chair to limit his influence after a slew of scandals, according to an advance copy of a report prepared for the board.

June 13, 2017
Business, Technology, Autonomous

Uber Demotes Man at Center of Waymo Self-Driving Car Lawsuit

Anthony Levandowski, who is at the center of Alphabet Inc.’s trade secrets lawsuit against Uber Technologies Inc., stepped down from his post overseeing self-driving car technology

May 1, 2017
Business, Technology, Autonomous

California DMV Calls Uber's San Francisco Self-Driving Cars Illegal

Uber Technologies Inc. has reverted to one of its bad-boy habits: ignoring regulators. California Department of Motor Vehicles officials said Dec. 14 that the ride-hailing provider is breaking the law by rolling out self-driving cars in San Francisco without their approval.

December 15, 2016
Business, Technology, Autonomous

Flexport Wants to Be the Uber of Ocean Freight

Uber Technologies Inc. is changing the way people move around cities; Flexport wants to do the same with cargo in the holds of ocean-going containerships.

May 11, 2015