Car Services and Livery Cabs
Uber Investigating Breach of Its Computer Systems
Uber discovered its computer network had been breached on Thursday, leading the company to take several of its internal communications and engineering systems offline as it investigated the extent of the hack. The breach appeared to have compromised many of Uber’s internal systems, and a person claiming responsibility for the hack sent images of email, […]
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Uber Safety Report Says Sexual Assaults Down but Rate of Traffic Deaths Up
Uber said in a safety report on Thursday that sexual assaults in its ride-hailing vehicles were down significantly since its last report but that the rate of fatal car crashes had increased. The company said 3,824 sexual assaults were reported on its U.S. platform in 2019 and 2020, while 20 people were killed in assaults […]
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Drivers’ Lawsuit Claims Uber and Lyft Violate Antitrust Laws
A group of drivers claimed on Tuesday that Uber and Lyft are engaging in anticompetitive practices by setting the prices customers pay and limiting drivers’ ability to choose which rides they accept without penalty. The drivers, along with the advocacy group Rideshare Drivers United, made the novel legal argument in a state lawsuit that targets […]
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Uber Reports Growth, But Loses $5.6 Billion From Investments
Uber, which had already been spending heavily to lure back drivers who left early in the pandemic, responded in March by charging riders a small fuel fee for each trip, which went to drivers. It said on Wednesday that it had more drivers on its platform than at any time since the pandemic began. That […]
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Uber Close to Deal for Partnership With San Francisco Taxi Outfit
SAN FRANCISCO — Uber’s plan to lure more taxis onto its platform in the next several years could soon take another big step. The company is close to completing an agreement with a San Francisco partner, Flywheel Technologies, to allow Uber passengers in the city to call a taxi through the Uber app, according to […]
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Uber, Lyft Drivers Struggle With High Gas Prices
When Adam Potash started driving for Lyft six months ago to help make ends meet, he was happy with the pay. The business was far from lucrative, but he was making about $200 a day before paying for costs like gas and car maintenance. But as gas prices have risen in recent weeks, Mr. Potash […]
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Uber Says It’s Bouncing Back From Pandemic In Earnings Report
Uber said on Wednesday that growing revenue and returning passengers sent a strong signal that its business was bouncing back in the final three months of 2021 from the slowdown caused by the pandemic. The quarter also provided another indication of how Uber’s fortunes rise and fall with its investments in other companies. Uber’s revenue […]
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Gig Worker Protections Get a Push in European Proposal
Last year, gig economy companies staged a successful referendum campaign in California to keep drivers classified as independent contractors while giving them limited benefits. Although a judge ruled in August that the result violated California’s Constitution, his decision is being appealed, and the companies are pursuing similar legislation in Massachusetts. The Biden administration has suggested […]
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Didi of China Moves to Delist From New York Stock Exchange
The decades-long, trillion-dollar love affair between China and Wall Street is coming to an end. Didi Chuxing, a $39 billion company that is China’s answer to Uber, said on Friday that it would delist its shares from the New York Stock Exchange. Just six months ago, Didi was a Wall Street darling, raising billions of […]
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