Gig Economy
Lyft Just Settled A Landmark Worker-Classification Lawsuit. Is Uber Next?
Lyft agreed to pay $272.5 million. Uber has fought California over the case for six years.
Section
Uber
Corporate Strategy
Uber Faces Competition and Steep Losses with the Expansion of Delivery Business
By Angel Adegbesan With five years experience as a gig driver, Kenneth Coghill has spent the last year and a half experimenting with supplementing his work driving customers where they want to go with delivering convenience items to homes and businesses.
Earnings
Uber Seeks to Cut Prices With New Pool Rides
By Angel Adegbesan Uber Technologies Inc. launched a new carpooling feature for its rideshare platform as a way to recover from increases in costs of rides.
Heard on the Street
Uber’s Plan to Offer Tesla Rentals Is Full of Hot Air
By Angel Adegbesan Uber’s decision to rent electric vehicles from Hertz rental company is all hype and investors were right not to buy into it.
Company Insights
Uber Says Profitability Is Now Within Reach
By Angel Adegbesan Uber Technologies Inc. said it could be achieving a measure of profitability by the end of its third quarter, a first for the company since its founding in 2009.
Company Insights
Uber CEO: End of Its Current Model Is “The End of Flexibility”
By Angel Adegbesan The CEO of Uber Technologies Inc.