Multiple reports indicate that Uber Technologies has considered acquiring Expedia, leading Expedia's stock to rise significantly. While the ridesharing giant continues to expand its services, such as launching its premium Black-Car service for business travelers, its shares have struggled, underperforming in the market. There are mixed reviews on the direction of its stock, with some citing long-term potential and others downgrading their recommendations due to possible threats such as Tesla's Robotaxi and limited upside. Instacart, another player in the sharing economy, has appointed an Uber executive as its new CTO. Furthermore, Uber continues to strengthen partnerships to advance its technological footprint, such as with Avride for autonomous deliveries and with Cruise to deploy autonomous vehicles on its platform. As sustainability and equal accessibility remain core to Uber's vision, the company has optimized LLM training using both open source and in-house strategies. However, regulators pose challenges, as seen in the rejection of Uber's challenge to California's gig work law by the US Supreme Court.
Uber Technologies UBER News Analytics from Wed, 15 May 2024 07:00:00 GMT to Sat, 19 Oct 2024 20:37:12 GMT -
Rating 3
- Innovation 6
- Information 8
- Rumor 2
