By Jan Schwartz and Maria Sheahan HAMBURG/FRANKFURT (Reuters) – Hamburg has told Uber, a U.S. car service whose smartphone app summons rides at the touch of a button, to stop operating in the German city, adding to resistance the company has faced globally from local regulators and taxi drivers. San Francisco-based Uber Technologies Inc, valued […]
By Bernard Vaughan NEW YORK (Reuters) – Uber Technologies Inc, a car service that allows users to summon a ride on their smartphone, has agreed to cap prices during emergencies and natural disasters in New York state to prevent price gouging, New York Attorney General Eric Schneiderman announced Tuesday. The company also agreed to announce […]
Uber Technologies Inc, which arranges car rides on demand, is in talks to secure a new round of financing from private equity investors that may value the company at more than $10 billion, Bloomberg cited people with knowledge of the situation as saying. The size and value of the funding may change, Bloomberg said on […]
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