WSJ Tech News Briefing TNB Tech Minute: Uber Faces Amended Lawsuit Over Billing, Cancellation Practices
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Dec 15, 2025 Uber faces a large lawsuit from 21 states and D.C. over alleged deceptive billing and cancellation practices. The amended complaint seeks significant civil penalties for these violations. Meanwhile, Ford announces a staggering $19.5 billion write-down on its EV investments, signaling a shift toward hybrids and more affordable electric options. Xerox is also in the news, looking for $500 million in debt financing backed by its intellectual property. Buckle up for some thrilling developments in the tech world!
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Major Lawsuit Targets Uber Billing
- 21 states and D.C. joined the FTC in an amended lawsuit accusing Uber of deceptive billing and cancellation practices.
- The complaint adds civil-penalty requests alleging violations of state and federal laws.
Allegations Versus Uber's Defense
- The suit alleges Uber charged subscription customers without consent, failed to deliver savings, and made cancellations difficult.
- Uber says sign-up and cancellation are clear and will defend itself in court.
Ford’s Huge EV Write-Down And Pivot
- Ford plans a roughly $19.5 billion charge largely from EV business write-downs, one of the largest impairments ever.
- The company will pivot toward gas, hybrids, and extended-range EVs while keeping a $30,000 EV pickup target for 2027.