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United Kingdom

Heather Somerville

Exclusive: Uber plans to kick off IPO in April - sources

14 Mar 2019

Ride-hailing company Uber Technologies Inc is planning to kick off its initial public offering in April, putting it close on the heels of smaller rival Lyft Inc, people familiar with the matter said on Thursday.

EXCLUSIVE-Uber plans to kick off IPO in April -sources

14 Mar 2019

March 14 Ride-hailing company Uber Technologies Inc is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft Inc, people familiar with the matter said on Thursday.

Uber to pay $20 million to settle long-running legal battle with drivers

12 Mar 2019

SAN FRANCISCO Uber Technologies Inc has agreed to pay $20 million to settle a lawsuit brought by drivers nearly six years ago, according to court filings, resolving one of its many legal battles with drivers ahead of a hotly anticipated initial public offering this year.

Sam Altman steps down as president of startup program Y Combinator

08 Mar 2019

SAN FRANCISCO Sam Altman is stepping down from his post as president of Y Combinator, the startup accelerator said on Friday, a pivotal change for the organization that was influential in the creation of startups such as Airbnb, Dropbox Inc and Cruise.

Airbnb buys HotelTonight in deeper expansion into hotel-booking business

07 Mar 2019

SAN FRANCISCO Home-renting company Airbnb has bought HotelTonight, an app for finding hotel rooms at a discount, as it wades deeper into the hotel-booking business to attract a wider variety of travelers ahead of a hotly anticipated initial public offering.

Airbnb buys HotelTonight in deeper expansion into hotel-booking business

07 Mar 2019

SAN FRANCISCO, March 7 Home-renting company Airbnb has bought HotelTonight, an app for finding hotel rooms at a discount, as it wades deeper into the hotel-booking business to attract a wider variety of travelers ahead of a hotly anticipated initial public offering.

Uber not criminally liable in fatal 2018 Arizona self-driving crash - prosecutors

06 Mar 2019

Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company's self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday. | Video

Lyft's IPO filing shows surging revenue, widening losses

01 Mar 2019

SAN FRANCISCO Lyft Inc inched closer to becoming the first ride-hailing company to make a stock market debut by releasing its filing for an initial public offering on Friday, revealing to the public a detailed look at its financial performance. | Video

World News

U.S. lawmakers await details of Mueller's Russia report

U.S. lawmakers waited on Sunday for details of a confidential report into an investigation of Russian meddling in the 2016 election that has cast a pall over Donald Trump's presidency and raised questions about possible collusion between the Republican's campaign and Moscow.