Recent developments in the food delivery and tech sectors have taken a significant turn. Uber Technologies Inc. has decided to terminate its acquisition of Delivery Hero SE's food delivery business, Foodpanda, in Taiwan. This decision came in response to the rejection of the deal by the island’s antitrust authority, impacting not only the companies involved but also their shareholders.

The landscape of urban transportation is poised for a seismic shift as companies race to harness the potential of autonomous vehicles. In recent developments, the automotive tech sector is abuzz after Uber Technologies Inc. $UBER CEO Dara Khosrowshahi stated that Tesla Inc. $TSLA under Elon Musk, has chosen not to make Tesla’s eagerly anticipated robotaxis available on the Uber platform. This decision has sparked a conversation about the future of autonomous ride-hailing.

Lyft Inc. $LYFT is preparing to launch autonomous rides in Dallas by 2026, in collaboration with Mobileye Global Inc. $MBLY. This new partnership signifies a significant step for Lyft towards the development and implementation of innovative transportation solutions. Notably, this partnership was first announced in November last year.