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Uber Technologies

Uber Technologies

Corporate treasury client

Appears in 13 stories · Last updated Nov 2, 2026

Stories

Uber tests weekend cash access using tokenized money market funds

New Capabilities

Pilot client; has not announced production use

Uber bought shares in a Franklin Templeton money market fund on Thursday, October 29, using tokenized deposits issued by HSBC. It sold part of the position the following Sunday, when banks and markets were closed, and the cash settled on the Canton Network through Tradeweb and Fireblocks.

Updated Nov 2

FTC orders nine companies to explain personalized prices and pay

Rule Changes

Recipient of an FTC order

The Federal Trade Commission ordered nine companies on Oct. 29 to hand over records showing whether they use personal data to set individual prices and pay. The recipients are Delta, United, JetBlue, Lyft, Uber, DoorDash, Instacart, Target and Walmart. Each has 45 days to describe the inputs, tools and procedures behind its pricing and compensation.

Updated Nov 1

Uber agrees to acquire catering platform ezCater for $2.3 billion

Money Moves

Acquirer of ezCater

Uber agreed Oct. 6 to buy ezCater, a Boston catering platform for workplace meals, for $2.3 billion in cash. As of Oct. 8, Uber had not filed a Form 8-K with regulators, and no rival bid had emerged.

Updated Oct 26

Uber settles third bellwether sexual assault case before trial

Rule Changes

Defendant in MDL No. 3084

Uber settled a sexual assault lawsuit on October 2, less than 48 hours after jury selection for the third bellwether trial. The court recorded the case as settled on October 5, the day opening statements were to begin; a status conference set for October 16 has not produced a publicly reported update.

Updated Oct 17

Uber files WARN notice for 363 Chicago layoffs

Money Moves

As of October 2026: Conducting mass layoff in Chicago

Uber Technologies filed a WARN notice with Illinois on September 2, 2026, notifying 363 employees at its Chicago office of a mass layoff effective November 2. The filing starts a 60-day notice period, giving workers time to prepare and seek new roles.

Updated Oct 8

Uber cuts 93 Seattle jobs in largest workforce reduction since 2020

Money Moves

As of October 2026: Conducting global restructuring; rolling out ChatGPT Work to corporate staff

Uber filed a notice with Washington state on Sept. 2 saying it would lay off 93 employees in Seattle. The cuts are part of a global restructuring that eliminates about 3,300 corporate jobs, roughly 10% of Uber's workforce and its largest reduction since 2020. The Worker Adjustment and Retraining Notification filing listed Nov. 2 as the layoff effective date.

Updated Oct 7

Uber files series of San Francisco layoff notices in 2026

Money Moves

As of October 2026: Cutting about 10% of its workforce in a 2026 restructuring; filed WARN notices for 326 San Francisco jobs and 137 in Sunnyvale.

On September 2, Uber filed notices covering 253 positions at two San Francisco offices, effective November 2. That's part of a global restructuring that will cut 3,300 jobs, about 10% of the workforce.

Updated Oct 6

New York City tries to end at-will deactivation for app drivers

Rule Changes

As of July 2026: Won preliminary injunction against the law

For an Uber or Lyft driver in New York, being fired can take one second. An algorithm flags the account, the app stops working, and the income stops with it. A new city law set out to change that. Then a federal judge blocked it six days before it took effect.

Updated Jul 28

Trump accounts launch: America's first universal child investment program

Rule Changes

As of July 2026: Committed to Trump Accounts contributions

The program launched July 4, 2026, opening for contributions on America's 250th birthday. Treasury deposited $1,000 into 1.4 million eligible accounts, committing $1.4 billion in total; 6 million children are now enrolled.

Updated Jul 7

Uber-backed Lime lists on Nasdaq in rare micromobility IPO

Money Moves

As of July 2026: Largest Lime shareholder and IPO anchor

Lime went public on the Nasdaq on July 1, 2026. The e-bike and scooter operator priced its shares at $25, raising about $174 million and valuing the company near $1.6 billion.

Updated Jul 1

Uber's robotaxi platform takes shape

New Capabilities

As of May 2026: Pivoting toward autonomous vehicle marketplace model

For most of its life, Uber has been a marketplace for human drivers with their own cars. On May 6, 2026, the company laid out the clearest version yet of a different model: a marketplace for robotaxis it neither owns nor operates.

Updated May 31

Uber bets $1.25 billion on Rivian to build its own robotaxi fleet — again

Money Moves

As of May 2026: Assembling a portfolio of autonomous vehicle partners while investing directly in fleet ownership

Uber sold its self-driving car unit in 2020 after burning billions and killing a pedestrian. Now it's spending up to $1.25 billion to do it all over again — this time with Rivian building the cars. The deal commits Uber to purchasing up to 50,000 autonomous R2 sport utility vehicles for deployment across 25 cities by 2031, beginning in San Francisco and Miami in 2028.

Updated May 30

Autonomous vehicles move from pilot programs to mass deployment

New Capabilities

As of May 2026: Transitioning to autonomous vehicle marketplace operator with partnerships across two dozen AV companies

Nvidia and Uber announced plans to deploy 100,000 Level 4 autonomous robotaxis across 28 cities on four continents by 2028, using Nvidia's new DRIVE Hyperion 10 platform and Alpamayo, an open-source reasoning model. Five automakers—BYD, Geely, Stellantis, Lucid, and Mercedes-Benz—will manufacture vehicles with Nvidia's hardware pre-installed. Commercial rides begin in Los Angeles and San Francisco in the first half of 2027.

Updated May 30