Uber

INSTACART INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Instacart To Contact Him Directly To Discuss Their Options

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Maplebear Inc. d/b/a Instacart (“Instacart” or the “Company”) (NASDAQ: CART) and reminds investors of the March 25, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • As of the time the complaint was filed, Instacart's common stock continues to trade below the $30.00 per share Offering price, damaging investors.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Instacart’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Uber Announces Inaugural $7 Billion Share Repurchase Authorization

Retrieved on: 
Wednesday, February 14, 2024

Uber Technologies, Inc. (NYSE: UBER) today announced that its Board of Directors has authorized the repurchase of up to $7 billion of the company’s common stock.

Key Points: 
  • Uber Technologies, Inc. (NYSE: UBER) today announced that its Board of Directors has authorized the repurchase of up to $7 billion of the company’s common stock.
  • “Today’s authorization of our first-ever share repurchase program is a vote of confidence in the company’s strong financial momentum.
  • More than 47 billion trips later, we're building products to get people closer to where they want to be.
  • By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against GrafTech, Instacart, and Boeing and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, February 13, 2024

The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.

Key Points: 
  • The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.
  • The Company offers its services through a mobile application and website, while also providing software-as-a-service solutions to retailers.
  • Throughout the Class Period, Defendants continued to assure investors that Boeing was laser-focused on safety and quality.
  • These false and misleading statements caused Boeing stock to trade at artificially inflated prices during the Class Period.

CART Shareholders are Reminded to Contact Robbins LLP for Information About the Lead Plaintiff Deadline in the Maplebear Inc. d/b/a Instacart Class Action

Retrieved on: 
Monday, February 12, 2024

The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.

Key Points: 
  • The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.
  • For more information, submit a form , email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against Maplebear Inc. Shareholders who want to act as lead plaintiff for the class should contact Robbins LLP.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Cruise Appoints Automotive and Autonomous Vehicle Safety Leader Steve Kenner as Chief Safety Officer

Retrieved on: 
Monday, February 12, 2024

SAN FRANCISCO, Feb. 12, 2024 /PRNewswire/ -- Cruise LLC today announced it has hired experienced automotive safety leader Steve Kenner as its Chief Safety Officer. Kenner, who brings deep autonomous vehicle (AV) industry experience paired with safety engineering excellence in the automotive industry, will oversee Cruise's safety management systems and operations, working in direct partnership with the Cruise Board of Directors. In his new role, Kenner will report to Cruise President and Chief Administrative Officer Craig Glidden.

Key Points: 
  • Kenner brings experience from Kodiak, Aurora, Uber, Ford and GM to lead Cruise's Safety Governance, Systems and Operations
    SAN FRANCISCO, Feb. 12, 2024 /PRNewswire/ -- Cruise LLC today announced it has hired experienced automotive safety leader Steve Kenner as its Chief Safety Officer.
  • Kenner, who brings deep autonomous vehicle (AV) industry experience paired with safety engineering excellence in the automotive industry, will oversee Cruise's safety management systems and operations, working in direct partnership with the Cruise Board of Directors.
  • In his new role, Kenner will report to Cruise President and Chief Administrative Officer Craig Glidden.
  • "Steve Kenner brings the perfect blend of experience in AV and automotive safety excellence to help deliver on these important priorities."

Monarch Private Capital Welcomes Walter L. McLeod as Managing Director

Retrieved on: 
Monday, February 12, 2024

ATLANTA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Monarch Private Capital , a nationally recognized impact investment firm specializing in the development, financing, and management of projects generating federal and state tax credits, proudly announces the appointment of Walter L. McLeod as Managing Director of Monarch Strategic Ventures.

Key Points: 
  • ATLANTA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Monarch Private Capital , a nationally recognized impact investment firm specializing in the development, financing, and management of projects generating federal and state tax credits, proudly announces the appointment of Walter L. McLeod as Managing Director of Monarch Strategic Ventures.
  • Under the visionary leadership of Walter, Monarch Strategic Ventures was conceived with the explicit purpose of “forging dynamic connections between clean energy, affordable housing, and grid modernization.”
    “I am thrilled to join Monarch Private Capital and lead Monarch Strategic Ventures.
  • “Walter's extensive experience and reputation make him the ideal person to lead this venture,” stated Robin Delmer , Partner and Co-CEO of Monarch Private Capital.
  • For more information on Monarch Strategic Ventures, please contact Walter L. McLeod .

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Maplebear Inc. d/b/a Instacart of Class Action Lawsuit and Upcoming Deadlines – CART

Retrieved on: 
Sunday, February 11, 2024

NEW YORK, Feb. 11, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Maplebear Inc. d/b/a Instacart (“Instacart” or the “Company”) (NASDAQ: CART) and certain officers and directors.

Key Points: 
  • NEW YORK, Feb. 11, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Maplebear Inc. d/b/a Instacart (“Instacart” or the “Company”) (NASDAQ: CART) and certain officers and directors.
  • To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Joby to Launch Air Taxi Service in UAE

Retrieved on: 
Sunday, February 11, 2024

Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with Joby targeting initial operations as early as 2025.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with Joby targeting initial operations as early as 2025.
  • View the full release here: https://www.businesswire.com/news/home/20240211538091/en/
    Joby’s electric air taxi on display at the World Governments Summit in Dubai.
  • RTA, Skyports and Joby have worked together to identify Dubai International Airport (DXB), Palm Jumeirah, Dubai Marina and Dubai Downtown as the launch locations for Dubai’s air taxi service.
  • Media assets, including photos and footage of Joby’s aircraft, animations of anticipated Dubai air taxi routes and renders of Dubai skyport designs, are available here .

EQS-News: Circus Group Announces Uber Direct Partnership for Complete Fleet Integration

Retrieved on: 
Friday, February 9, 2024

Circus’ last mile delivery will be fully managed by Uber Direct, granting Circus access to the technology and infrastructure of Uber Eats and its delivery service partners in over 100 cities in Germany.

Key Points: 
  • Circus’ last mile delivery will be fully managed by Uber Direct, granting Circus access to the technology and infrastructure of Uber Eats and its delivery service partners in over 100 cities in Germany.
  • By integrating Uber Direct, Uber’s white-label delivery-as-a-service, as one of the first companies in Germany, Circus fosters its strategic objective to transform the food service industry with artificial intelligence and robotics.
  • The partnership with Uber comes shortly after Circus launched its new consumer-facing culinary concept, which will feature direct integration with Uber Direct.
  • Uber Direct is available in over 90 cities in Germany and in over 15 countries globally, presenting a long-term global rollout opportunity for Circus.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against GrafTech, Instacart, and Boeing and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, February 9, 2024

The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.

Key Points: 
  • The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.
  • The Company offers its services through a mobile application and website, while also providing software-as-a-service solutions to retailers.
  • Throughout the Class Period, Defendants continued to assure investors that Boeing was laser-focused on safety and quality.
  • These false and misleading statements caused Boeing stock to trade at artificially inflated prices during the Class Period.