Uber: Twelve Years, Then Silence

Uber agreed to invest $1.25 billion in Rivian, purchasing up to 50,000 autonomous R2 SUVs by 2031. The deal, announced in March 2026, includes an initial $300 million investment and is contingent on Rivian meeting autonomy milestones. Rivian, which has not yet turned a profit, aims to deliver 65,000-67,000 cars in 2026. The partnership is crucial for Uber's long-term profitability and Rivian's production scale.

Uber was ordered to pay $40 million to the parents of a 23-year-old woman who died after being left on a California freeway by her Uber driver in 2023. The arbitrator found both Uber and the driver jointly liable, rejecting Uber's argument based on California's Proposition 22. Uber plans to appeal, citing strengthened safety measures.

Uber has ceased operations in Nigeria, ending a 12-year presence. The shutdown, effective September 2, 2026, disrupts rides in Lagos and Abuja, leaving riders and drivers to seek alternatives. Uber cited a business review for the decision, while competitors like Bolt and inDrive may gain market share. The exit highlights challenges in balancing costs, competition, and regulations in a high-inflation market.

UK Parliament report warns of AI's human rights risks, calling for new regulations. Apple released iPhone 18 Pro models with A20 Pro chip, managing demand via pre-orders. Uber and Wayve launched autonomous taxis in London, following a small pilot.

Uber was ordered to pay $40 million to the family of Emily Normandin-Parker, who died after an Uber ride. The family rejected a $10 million settlement offer from Uber, which argued it shouldn't be liable as the driver was an independent contractor. Uber plans to appeal, citing safety improvements.

Uber was ordered to pay $40M after a driver ejected an intoxicated passenger, Emily Normandin-Parker, who was later killed by a vehicle. The arbitrator ruled against Uber's claim of no liability for driver negligence. Uber stated it is committed to improving safety measures.