After Once Touting Self-Driving Cars, Uber Sells Unit To Refocus On Core Businesses

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An Uber sticker is seen on a car at the start of a protest by ride share drivers on Aug. 20, in Los Angeles. Uber said it will sell its self-driving research unit to startup Aurora.
Robyn Beck/AFP via Getty Images
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Robyn Beck/AFP via Getty Images

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Uber Cuts 3,000 More Jobs As Pandemic Squeezes Ride-Hailing
Uber has lost money since it was founded, and a highly anticipated IPO did not fare as well as expected.
Uber’s self-driving technology also courted controversy after a high-profile fatal accident in Arizona.
As the company continues to chase profitability, it appears to be refocusing attention on its core businesses — ride-hailing and food deliveries. Earlier this year, it sold its scooter and electric bike division to a micromobility company.
- ride-hailing
- self-driving
- Uber
- startup
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