Uber Loses License In London Over Safety Concerns
London's transit authority says it is not renewing Uber's license to operate in the British capital over passenger safety concerns.
London's transit authority says it is not renewing Uber's license to operate in the British capital over passenger safety concerns.
Uber is launching an audio recording pilot in Latin America. The ride-hailing giant said it is trying to bring the feature to the US, but that may prove complicated.
At Tuesday's National Transportation Safety Board's hearing on the death of Elaine Herzberg, the woman struck and killed by Uber's self-driving test vehicle in March 2018, Uber hardly found itself in the firing line.
Uber Technologies Inc.'s self-driving test car that struck and killed a pedestrian last year wasn't programmed to recognize and react to jaywalkers, according to documents released by US safety investigators.
Economists analyzed an enormous trove of ride and driver data from the period when Uber rolled out tipping on its app, and found which groups tip the most, which tip the least, and what might account for some of the differences.
"This is robbery," one driver said over email. "This business is out of control."
Uber drivers in Europe and the US are fighting for access to their personal data. Whoever wins the lawsuit could get to reframe the terms of the gig economy.
Uber lost more money this spring than it did in any previous quarter, revealing on Thursday a dramatic $5.2 billion deficit in the months before and after its disappointing initial public offering.
It's all about embracing the musical safe space — and keeping that rating high.
Since it began operations in 2010, Uber has grown to the point where it now collects over $45 billion in gross passenger revenue. But the widespread belief that it is a highly innovative and successful company has no basis in economic reality.
Uber was the most valuable private company in history, but the public market has not been as enthusiastic. The reason explains a lot about how the tech industry works.
If drivers are legally determined to be employees, it would throw Uber's entire business model into question by giving drivers, among other rights, the ability to collectively bargain for pay and working conditions.
So much for Dara Khosrowshahi's $100 million bonus.
The figures nevertheless cement Uber, alongside Alibaba and Facebook, as one of the most valuable tech IPOs in history, and a major beacon for breaking ground in a new area of tech, transportation.
Uber and Lyft drivers plan to protest and picket this week. From companies, they want better wages and working conditions. From cities, they want regulations.