Uber launching helicopter service to JFK this summer

firefoxUber is finally ready to take to the skies — and has chosen the Big Apple for its helicopter-sharing debut. The ride-hailing giant said Thursday its aerial division, Uber Elevate, will launch a luxe service called Uber Copter on July 9 that will fly passengers from Lower Manhattan to JFK airport in eight minutes. As...

Uber threatens to withdraw from Austria

firefoxU.S.-based ride-hailing service Uber Technologies Inc threatened on Tuesday to withdraw from Austria if a new law that would subject it to the same price regulations as taxis is adopted.

Uber parties for IPO were so wild an employee had to resign

firefoxHopefully Uber drivers on duty skipped these alcohol-fueled company parties. In-house bashes on the day the company went public reportedly got so out of hand that one was shut down and another employee was forced to resign after a drunken outburst, according to a new report. Workers celebrated with company-provided booze at Uber offices on...

This brilliant free app tells you if it’s cheaper to take Uber or Lyft

Doug Feigelson's app Anyride has been out for a few months now, which means it's still new enough that you might not have heard of it or become aware of it yet. But if you're a frequent Uber or Lyft rider, you'll definitely want to take note, because the app offers a one-stop-shop for comparing Uber and Lyft ride times and prices and gives you an easy way to hail your ride, all from a free app available on iOS and Android. How it works: Download the app, input your destination, and you'll be able to see all the live fares from both Uber and Lyft without needing to open either app. You can see "exact, down-the-penny" fares from both services, Anyride promises, and can call for a ride with just a tap from within Anyride. The app also makes use of coupons, promotions, and credit on your account, and you're also able to call a ride to a recent destination or to a saved favorite. Other details to know: All of your ride destinations within Anyride get saved to a "Recent Locations" list. The app promises that your fare will be the price that's shown, and all you have to do to get it is long-press on the fare from the comparison view, and it will then open directly in the app. Other enhancements are coming, such as Juno and Via support for riders in New York. The app also plans to eventually add pickup and dropoff location change suggestions to help you optimize your fare cost and time. https://twitter.com/anyrideapp/status/1122977533786456064 One commenter on a Product Hunt page for Anyride had this to say about the app: "I've been using this since October or so and it has completely replaced Uber and Lyft for me ... I probably save a few dollars a day with this. If you use ridesharing apps and not Anyride you're dumb, honestly." You can download Anyride for free on iOS or Android right now.

SoftBank shares come under pressure after Uber's rough first day of trading

Shares of Japanese conglomerate SoftBank Group came under pressure in Monday's trading session following the large losses seen on ride-hailing giant Uber's debut day last Friday.

Lyft, Uber, Airbnb, and LinkedIn demonstrate the power of in-house AI solutions

Companies know AI has become an increasingly important competitive differentiator. But the question stands: Do you buy, or do you build?

How the Promise of a $120 Billion Uber I.P.O. Evaporated

Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in pointed questions for all involved.

Traders are finally realizing the value of companies like Uber and Lyft, Russian rival says

Investors are just starting to get to grips with the value of ride-sharing companies like Uber and Lyft, the CFO of Russia's Yandex said.

Goldman Sachs says Uber is needed because NYC parking spaces are $6,570 per household

Goldman Sachs thinks Uber has a key advantage as dense cities increasingly seek alternative transportation.

Stocks making the biggest moves midday: Teva Pharmaceutical, Boeing, Uber & more

Names on the move ahead of the open.