Uber News - July 2026

Waymo to end Uber robotaxi partnership, pivoting to direct competition
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Waymo to end Uber robotaxi partnership, pivoting to direct competition

Waymo is exploring an exit from its robotaxi partnership with Uber. The Alphabet-owned unit cites growing competition and strategic disagreements as primary...

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🔴 Uber is trading 4.6% down today after cutting support staff for AI efficiency

Uber is trading 4.6% down at $65.77 as investors react to the company cutting 10% of its customer service division, explicitly citing AI-driven efficiency as...

Uber Cuts 10% of Support Staff, Citing AI for First Time
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Uber Cuts 10% of Support Staff, Citing AI for First Time

Uber Technologies Inc. is cutting 10% of its customer service division. The company announced the layoffs to its community operations team on July 22, 2026....

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Atoms raises $1.7B for industrial robotics, backed by a16z and Uber

Industrial robotics and AI startup Atoms raised $1.7 billion in a new funding round. Andreessen Horowitz (a16z) led the investment, and partner Ben Horowitz...

Uber Announces Public Takeover Offer to Acquire Delivery Hero for €41.50 Per Share
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Uber Announces Public Takeover Offer to Acquire Delivery Hero for €41.50 Per Share

Uber Technologies, Inc. has entered into a Business Combination Agreement to acquire Delivery Hero SE through a voluntary public takeover offer. The all-cash...

Uber Bids $14.8 Billion for Delivery Hero, Targeting Global Expansion
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Uber Bids $14.8 Billion for Delivery Hero, Targeting Global Expansion

Uber Technologies Inc. launched a voluntary cash offer to acquire Delivery Hero SE for €41.50 per share. The transaction values the German food-delivery firm...

Uber Nears Delivery Hero Takeover, Expanding Global Food-Delivery Reach
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Uber Nears Delivery Hero Takeover, Expanding Global Food-Delivery Reach

Delivery Hero SE confirmed advanced negotiations for a potential takeover by Uber Technologies Inc. on Tuesday. Reports suggest the parties could reach a deal...

Uber Halts European Expansion, Prioritizes $11B Delivery Hero Takeover
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Uber Halts European Expansion, Prioritizes $11B Delivery Hero Takeover

Uber halted its planned food delivery expansion in five of seven targeted European markets for this year. This strategic shift occurs only months after the...