Latest news with #ridesharing
Telegraph
2 days ago
- Automotive
- Telegraph
Uber launches ‘senior accounts' to track elderly parents' trips
Uber is releasing a feature for relatives to remotely book and track trips for their elderly parents or grandparents in the UK. The 'senior accounts' offer access to a streamlined version of the app featuring larger text, buttons that are easier to tap, simplified screens and fewer steps to making a booking. Through Uber's existing 'family profiles' feature, trusted family members or caregivers can invite an older adult to set up an account. They can then remotely book or manage rides for the elderly user. They will then be able to offer support from afar by live-tracking their trip or contacting the driver or Uber's safety reporting line. Relatives will also be able to access the driver's name and vehicle information when a booking is made. Users can save favourite places for booking shortcuts, or use flexible payment options – and they also have the option to book trips independently without linking to a relative. Senior accounts were piloted in the US and Latin America last month and will now will be rolled out in the UK. Uber said it worked with older users and accessibility advocates to develop the feature, which was designed to address concerns that many elderly people feel excluded from technology or do not have the skills to be digitally-savvy. 'Safety and peace of mind' It also follows the launch of 'teen accounts' last year where parents and carers can also supervise bookings and teenagers are matched to more experienced drivers. Andrew Brem, Uber UK's general manager, said the tools 'prioritise simplicity, safety and peace of mind' for older people and their families. 'These features are all about helping older adults stay independent and connected, while giving loved ones the confidence that Uber is there to help,' he said. It comes after Uber announced trials to test self-driving taxis on London's roads for the first time. It confirmed last month it had signed a deal with Wayve, an autonomous driving and artificial intelligence start-up founded in Cambridge, to pilot its technology on UK roads from next spring.
Yahoo
6 days ago
- Business
- Yahoo
Lyft (LYFT) Drops 4.8% as Investors Done Pricing In New Market Entry
Lyft, Inc. (NASDAQ:LYFT) is one of the . Lyft dropped its share prices by 4.8 percent on Wednesday to end at $15.66 each as investors unloaded positions amid the lack of catalysts to support investing appetite, while already pricing in its recent entry into the Puerto Rican market. Earlier this week, Lyft, Inc. (NASDAQ:LYFT) announced the official launch of its ride-sharing service in Puerto Rico as part of its expansion plans in North America and Europe. The company began recruiting drivers late in May, promising $100 bonuses to those who could complete 50 rides in the first month in San Juan. 'There's obviously a deep connection between many folks who are in the mainland United States who have connections in Puerto Rico,' said Lyft, Inc. (NASDAQ:LYFT) EVP Jeremy Bird, who is overseeing driver experience and the company's international expansion. A ridesharing passenger and driver in a car, looking out the window in anticipation of their destination. According to Bird, there is a strong demand for the company's services from locals and tourists from places like New York and Chicago. While we acknowledge the potential of LYFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Reuters
6 days ago
- Reuters
US judge dismisses some claims in Uber sexual assault lawsuits
July 9 (Reuters) - The federal judge overseeing more than 2,300 lawsuits, opens new tab seeking to hold Uber (UBER.N), opens new tab liable to passengers who were sexually assaulted or harassed by drivers dismissed some key claims in the nationwide litigation. U.S. District Judge Charles Breyer in San Francisco rejected some fraud and product liability claims on Tuesday. His decision addressing 20 "bellwether" Uber cases could be a template for similar cases against the San Francisco-based ride-sharing company. A trial is scheduled for December 8. Lawyers for passengers did not immediately respond to requests for comment on Wednesday. Uber and its lawyers did not immediately respond to similar requests. Passengers said "Designated Driver" ads promoting Uber as a safe alternative to drunk driving should have disclosed that intoxicated people, especially women and especially late at night, faced an elevated risk of sexual assault by drivers. The passengers also said app notifications containing Uber drivers' names, photos and "star ratings" should have disclosed drivers' prior misconduct and criminal histories. In his 37-page decision, Breyer dismissed fraud claims based on ads saying "Don't drink and drive, call an Uber" and "Stay safe tonight. Use Uber." The judge said reasonable consumers would view those ads merely as encouragement to use Uber, rather than drive drunk. But he also said Uber's handling of app notifications "could form a deceptive scheme to obfuscate the risk of serious harm" when women accepted rides from drivers with histories of misconduct. Uber said it did not intend to fraudulently withhold information, and no passengers claimed they relied on the app notifications. Breyer also dismissed claims that Uber's app was defective because it failed to prevent high-risk pairings of drivers and passengers. He refused to dismiss product liability claims based on the app's lacking a feature to match passengers with drivers of the same gender. The judge previously dismissed some other claims in the bellwether cases. In its U.S. safety report, opens new tab for 2021 and 2022, Uber said it received 2,717 reported incidents of the most serious categories of sexual assault and misconduct. Uber also said only 0.1% of the more than 1.8 billion U.S. trips in those years had reported safety incidents, mainly about "minor" issues such as complaints about driving or verbal arguments. The case is In re Uber Technologies Inc Passenger Sexual Assault Litigation, U.S. District Court, Northern District of California, No. 23-03084.
Yahoo
07-07-2025
- Business
- Yahoo
Why Uber (UBER) Stock Is Up Today
Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 3.3% in the afternoon session after Wells Fargo analyst raised the price target on the company's stock. Wells Fargo analyst Ken Gawrelski reiterated an "Overweight" rating on Uber and increased the price target to $120 from $100, suggesting a potential 24.86% upside from the previous closing price. This bullish outlook from a major financial institution signals confidence in Uber's growth prospects and market expansion potential. The move reflects growing optimism on Wall Street, where the majority of analysts covering the stock maintain a "buy" or equivalent rating. After the initial pop the shares cooled down to $96.48, up 3.2% from previous close. Is now the time to buy Uber? Access our full analysis report here, it's free. Uber's shares are very volatile and have had 21 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Uber is up 52.7% since the beginning of the year, and at $96.48 per share, has set a new 52-week high. Investors who bought $1,000 worth of Uber's shares 5 years ago would now be looking at an investment worth $2,939. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
05-07-2025
- South China Morning Post
Chinese driver accused of sexual harassment for praising passenger for ‘nice smell'
A driver has been suspended from an online ride-hailing platform for 21 days following accusations of verbal sexual harassment by a female passenger, who claimed he commented on her fragrance by saying she 'smells good'. The driver, identified only by his surname Zhao, from Hangzhou in eastern China's Zhejiang province, was blocked from the platform after an incident on June 8, as reported by Zhejiang TV. During the ride, Zhao asked the woman three times if she was wearing perfume. When she replied that she was not, he remarked: 'The smell from your body is so good.' The passenger, whose identity remains undisclosed, explained that the pleasant aroma was due to the liquid detergent she had used on her clothes. Zhao then inquired about the specific brand of the detergent. Ride-hailing services are popular among urban dwellers in China, yet personal safety has become a significant concern, especially among single female passengers. Photo: Shutterstock After she provided the brand name, the woman exited the vehicle before reaching her intended destination, according to the report.
