Uber's valuation could cross 'whopping' $50 bn post fresh round of funding

Last Updated: Sunday, May 10, 2015, 16:54

Uber's valuation could climb well beyond a whopping 50 billion dollars in the future as it looks to raise 1.5 to two billion dollars in another round of funding.

'Uber bids $3 bn for Nokia''s HERE mapping service'

Last Updated: Friday, May 8, 2015, 13:29

Current growth rate suggests HERE will make more than 400 mn euros of annual operating profit after two to three years.

Zomato, Uber sign global pact to provide enhanced experience

Last Updated: Thursday, April 23, 2015, 11:10

Online restaurant guide Zomato and taxi hailing app Uber have entered into a partnership to enable users book cabs to the restaurant they are planning to eat at.

Geneva bans Uber in latest setback for US firm

Last Updated: Tuesday, April 14, 2015, 16:56

Authorities in Geneva have banned Uber for breaching local taxi laws but the beleaguered US-based company said Tuesday it was appealing the order and denied any wrongdoing.

Centre to soon issue advisory on app-based taxi services

Last Updated: Friday, April 10, 2015, 15:17

The advisory may be issued as an interim measure.

Govt mulls blocking of apps of Uber,Ola, others across country

Last Updated: Sunday, April 5, 2015, 16:35

The official added that it is technically not possible to block an application only in Delhi and the execution can only happen at the national level.

Uber CFO Brent Callinicos steps down

Last Updated: Tuesday, March 17, 2015, 08:34

Uber Technologies Inc`s Chief Financial Officer Brent Callinicos is stepping down, the online taxi service`s CEO said in an email to investors.

Uber now testing electric cars in Chicago

Last Updated: Monday, March 16, 2015, 11:45

Uber is reportedly using a fleet of electric cars as part of a new test program in Chicago, a report said.

Uber in deal with China's BYD to test electric cars

Last Updated: Saturday, March 14, 2015, 09:43

Uber Inc said on Friday it struck a deal with Chinese automaker BYD Co Ltd to test a fleet of electric cars for its drivers.

Uber unveils plan for training women cabbies

Last Updated: Thursday, March 12, 2015, 21:10

Cab aggregator service Uber today announced that it had tied up with a Singapore-based company to train women drivers even as it continues to be under a Delhi government ban after a driver enlisted with it allegedly raped a 25-year-old woman executive inside a taxi.

Analysis - Silicon Valley debate on self-driving cars: do you need a map?

Last Updated: Friday, March 6, 2015, 15:33

The Silicon Valley race to build a self-driving car may revolve around one simple question: to map or not to map.

Uber picks up another $1 bn from investors

Last Updated: Thursday, February 19, 2015, 09:03

Uber said Wednesday that it expanded its latest funding round to pick another billion dollars from investors eager to put money into the controversial ride-sharing service.