As Uber struggles to get out of the hole caused by the Covid-19 pandemic, it has been laying off staff and shifting resources away from groups that don’t immediately prop up its core business. The latest example is a unit called Uber Money, which develops financial services-related products such as a digital wallet for customers and drivers. The move by Uber to decrease its investment in new...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
