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Teslarati

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Tesla stock acts as replacement for Uber in legendary investor’s portfolio

  • Legendary investor Brad Gerstner has replaced Uber shares with Tesla stock in his portfolio.
  • Gerstner believes that Tesla has significant upside potential in the self-driving race.
  • AltCap sold its Uber holdings after the U.S. Presidential Election and invested in Tesla.
  • Gerstner cited Tesla's Full Self-Driving capabilities and its close relationship with President-elect Trump as reasons for the investment.

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Insider

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Here's what 5 CEOs learned by becoming undercover bosses

  • CEOs at top companies have gone to the shop floor to learn more about their businesses.
  • Here's what 5 CEOs learned from going undercover:
  • Uber CEO Dara Khosrowshahi spent time picking up shifts as an Uber Eats delivery driver on an e-bike and an Uber driver for a spell in 2022.
  • Starbucks CEO Laxman Narasimhan spent six months immersing himself in all aspects of the company, including training as a barista, before taking over from Howard Schultz as CEO.
  • Brian Chesky, Airbnb CEO, spent six months living full-time as a guest in a series of Airbnbs to promote remote work.
  • DoorDash CEO Tony Xu makes monthly deliveries as part of WeDash, a program begun in 2015 that requires salaried employees to carry out several deliveries a year.
  • Joey Wat, CEO of Yum China, covertly hangs out at its restaurants, including KFC and Pizza Hut to watch customers eat, sometimes for up to three hours.
  • Khosrowshahi was surprised how passengers would often discuss personal or sensitive information as if he wasn't there.
  • Narasimhan burned his hand on a sandwich and had an egg bite explode in front of a customer. This prompted him to make key changes, including sending more breakfast sandwiches to stores to avoid shortages.
  • Chesky launched 50 features, including Airbnb Rooms, after noticing variability in his Airbnb stays.

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BGR

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Uber rolls out new iPhone Home Screen widget

  • Uber has rolled out a new Home Screen widget for iPhone users.
  • The widget allows users to quickly request a ride with just a few taps.
  • Uber has also introduced a new XXL category for rides with larger trunk space and comfortable seating.
  • The company is offering $20 Uber Cash back for eligible Uber One members on their next XXL ride.

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Insider

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Uber has a new ride option for people traveling to the airport with a lot of luggage

  • Uber has introduced a new XXL ride option for travelers with extra luggage.
  • The XXL option provides larger trunk space for more luggage and is available for rides to and from airports.
  • Currently, it is available for over 60 airports worldwide, including 40 in the US and Canada.
  • Uber is also offering a promotion where eligible Uber One members can get $20 Uber Cash back on an XXL ride until December 1.

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Macrumors

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Uber Adding Home Screen Widget on iPhone, UberXXL Option, and More

  • Uber is releasing a Home Screen widget for the iPhone today, allowing users to request a ride in as little as two taps.
  • The widget can display saved addresses for home and work, or users can quickly search for another address.
  • Other new features include UberXXL for larger trunk space, UberX Share for discounted rides with one other passenger at airports, and more.
  • UberXXL is currently available at over 60 airports and will expand to more airports later.

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Minis

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‘Amazon, Apple, Meta, Uber, Salesforce have campuses’: Telangana minister KTR on ‘Happening Hyderabad’

  • Anand Mahindra heaped praises on India’s rapid growth, quoting a tweet on Google building its second-largest office outside of the US in Hyderabad.
  • Responding to Anand Mahindra, the minister said that Amazon too has the world’s largest campus in Hyderabad. Not only that, Hyderabad houses the second-largest campuses of “Apple, Meta, Qualcomm, Micron, Novartis, Medtronic, Uber, Salesforce”. “That’s why I call it ‘Happening Hyderabad’,” he said.
  • Social media users express pride in Hyderabad's rapid growth, crediting stable governance and government policies.

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Minis

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Future of Urban India revolves around shared mobility: Uber India report

  • Uber releases report on "Future of Cities & Shared Mobility in India," highlighting the need to promote shared mobility and reduce private car ownership for more effective and affordable transportation.
  • Uber India presents the report to the Union Minister of Housing and Urban Affairs, emphasizing the role of ride-sharing platforms in reducing traffic congestion & pollution.
  • The report suggests that India can achieve sustainable growth by embracing creative mobility solutions, improving public transportation, & encouraging the transition to sustainable mobility.

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Minis

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Amazon teams up with Uber to allow customers to track Uber Eats orders through Alexa

  • Amazon and Uber partner up to allow customers to track Uber Eats orders through Alexa, Amazon's voice assistant.
  • The new feature will give Echo device owners updates on their food delivery status and is set to launch later this month.
  • Customers can turn on the "Track with Alexa" option in the Uber Eats app's voice assistant settings and receive updates through the Echo's blue ring light or Alexa's voice announcement.
  • The integration is expected to drive adoption of Alexa's third-party voice apps and increase customer satisfaction by providing a convenient and hands-free way to track food deliveries.

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Minis

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Engineer turns Uber driver, and her inspiring story goes viral on social media

  • A Facebook post by Param Kalyan Singh shared the inspiring story of Uber driver Dipta Ghosh, highlighting her educational background and the courageous decision she made to become a commercial driver.
  • Ghosh, who holds a BTech degree and worked for six years in various companies, decided to get a commercial driving license and drive for Uber after her father's death in 2020 to avoid leaving her mother and younger sister alone.
  • Despite the challenges, Ghosh is happy with her profession, works six days a week for up to seven hours and earns around ₹40,000.
  • Ghosh's story has received positive reactions on social media, with many applauding her courage & determination.

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Minis

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Here's a list of things people left behind in Uber Cabs

  • Uber's Lost and Found Index features the most commonly forgotten and unusual items left behind by riders.
  • The report highlights 10 most commonly forgotten items, and 50 most unique lost items.
  • Clothing, phones, keys, wallets, headphones, jewellery, books, watches, laptops, and backpacks were among the most commonly forgotten items.
  • The list of 50 most unique items included a fingernails, a fog machine, a lightsaber, a mannequin wig head, and an important pregnancy test.

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Minis

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Uber sells stake in joint venture with Russia's Yandex for $703 mn

  • Uber sells its stake in Yandex.Taxi to Russian firm Yandex for $702.5 million, ending its involvement in Russia's ride-hailing market.
  • Yandex becomes the sole owner of the Yandex.Taxi joint venture, as Uber divests its stake in the taxi ordering and scooter rental service.
  • This marks the second time Uber has divested its stake in a joint venture with Yandex, after previously selling its stake in a foodtech venture with the Russian firm in 2021.

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Minis

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Uber accused of increasing cab prices when user's phone battery is low: Report

  • Uber is reportedly increasing prices for customers with low battery levels, according to a report in Belgian newspaper Derniere Heure.
  • The investigation found that some users in Brussels claimed to have seen varied prices for the same trips depending on their phone battery percentage.
  • Derniere Heure conducted an experiment using two iPhones with different battery percentages, revealing a significant price difference for the same trip.
  • Uber denied the claims, stating that the app does not measure a user's battery level to calculate the price of a trip, and that dynamic pricing is based on demand and supply factors.

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Minis

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Uber drivers reveal top reasons for giving passengers low ratings

  • Uber drivers reveal reasons for giving passengers low ratings - Loud friends, leaving crumbs, and loading the car with bags might be why.
  • Loading luggage and taking time to load and unload it can cause drivers to lose money and lead to lower ratings, says an anonymous driver.
  • Bad manners in the car, such as slamming doors and banging suitcases, could bring down a passenger's rating, says a driver who has driven for the company for 15 months.
  • Tipping more can improve rider ratings, according to some Uber drivers - "even just a few dollars every ride".

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