Tepper's hedge fund, Appaloosa Management, has held on to Lyft stock since 2024. It's a respectable business, but its depth and scale trail Uber by a wide margin.
One major change happened behind the scenes: up-front pricing. Instead of relying on a predictable rate based largely on time and distance, Uber now uses algorithms and a range of real-time factors to determine what riders pay and what drivers earn.
Uber Technologies (UBER) was fined â¬825 million ($966 million) by the Dutch Data Protection Authority for deactivating driver accounts through automated syste
The Dutch Data Protection Authority (AP) has decided to fine Uber €825 million ($966 million) under European data protection rules for deactivating driver accounts through automated systems without adequately informing them, according to an August 17 decision reviewed by Reuters.
Advisors Capital Management LLC acquired a new stake in Uber Technologies, Inc. (NYSE: UBER) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 245,440 shares of the ride-sharing company's stock, valued at approximately $17,711,000. Other large investors have also
Bell and Brown Wealth Advisors LLC bought a new position in shares of Uber Technologies, Inc. (NYSE: UBER) during the undefined quarter, according to its most recent disclosure with the SEC. The fund bought 36,388 shares of the ride-sharing company's stock, valued at approximately $2,626,000. Other institutional investors and hedge funds also recently
B. Metzler seel. Sohn and Co. AG bought a new stake in Uber Technologies, Inc. (NYSE: UBER) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 831,153 shares of the ride-sharing company's stock, valued at approximately $59,976,000. A number of