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+14 +1
Uber ditches effort to develop own self-driving car
Uber has ditched efforts to develop its own self-driving car with the multibillion-dollar sale of its driverless car division to a Silicon Valley startup. The ride-hailing company is selling the business, known as Advanced Technologies Group (ATG), for a reported $4bn (£3bn) to Aurora, a start-up that makes sensors and software for autonomous vehicles and is backed by Amazon and Sequoia Capital.
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+23 +1
Uber reports 18% revenue decline but says ride-hailing business is picking back up
Uber shares dropped as much as 4% after-hours Thursday as the company reported third quarter revenue that missed Wall Street’s expectations, but picked up during the company’s earnings call when the CEO said there are early signs its core ride-hailing business would fully recover from the Covid 19 pandemic.
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+16 +1
California passes Prop 22 in a major victory for Uber and Lyft
Uber and Lyft have won a major victory in their battle to continue classifying drivers as contractors, not employees, following the passage of a ballot measure that exempts them from a California labor law. On Tuesday, voters in California passed Proposition 22, the most expensive ballot-measure campaign in state history, which came to symbolize a bitter struggle over the future of the gig economy.
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+26 +1
Uber and Lyft lose appeal, ordered again to classify drivers as employees
Uber and Lyft were ordered by California’s court of appeals late Thursday to classify their drivers as employees. In a 74-page opinion, the court affirmed the injunction that was issued on August 10th requiring Uber and Lyft to classify their drivers as employees within 30 days.
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+18 +1
Uber's 'racially biased' ratings system hurts nonwhite drivers, lawsuit says
"Throughout its history, Uber has made firing decisions based on a system that it knows is poisoned with racial discrimination," says attorney Shannon Liss-Riordan.
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+14 +1
Uber secures right to continue operating in London
Uber has secured its right to continue operating in London after a judge upheld its appeal against Transport for London (TfL). The ride-hailing giant has been granted a new licence to work in the capital, nearly a year after TfL rejected its application over safety concerns. It ends uncertainty for the 45,000 drivers who use the taxi app in London. Westminster Magistrates' Court said Uber was now a "fit and proper" operator "despite historical failings".
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+18 +1
Backup driver in fatal Arizona Uber self-driving car crash charged with negligent homicide
PHOENIX -- The backup Uber driver involved in the first self-driving vehicle fatality has been charged with negligent homicide for being distracted in the moments before fatally striking a woman in suburban Phoenix.
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+22 +1
Almost 200 Uber employees are suing the company over its disappointing IPO last year
190 Uber employees have filed a lawsuit against the ride-hailing giant accusing it of indirectly raising their tax bills when it accelerated the issue date of their stock options ahead of its lackluster IPO last year.
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+26 +1
Why Uber's business model is doomed
Like other ridesharing companies, it made a big bet on an automated future that has failed to materialise, says Aaron Benanav, a researcher at Humboldt University
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+13 +1
Uber and Lyft don’t want to make California drivers employees, so they’re on the verge of shutting down
A court ruling expected as soon as Wednesday could determine whether Uber and Lyft shut down across California later this week. The companies are threatening that they will be forced to shut down after a court in San Francisco last week ruled that drivers for their apps are employees, not independent contractors, under state law. The decision gave them 10 days to make their drivers employees. But the companies must retool their apps to support the employment model, corporate officials said, and cannot meet that deadline.
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+20 +1
Uber has been quietly helping governments with contact tracing for months
Uber has been quietly helping health officials around the world with contact tracing, the company told Reuters. The ride-sharing company has built a special portal for health officials to request access to rider and driver data. Uber has provided user data to officials before, for example with police departments investigating a crime.
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+19 +1
Uber lets some California drivers set their own prices
Uber on Thursday said it would let drivers across the state of California set their own rates as a function of the company’s price “multiplier” — used in Uber’s so-called “surge” pricing. The move builds on a pricing experiment that began in January in Sacramento, Santa Barbara and Palm Springs. Previously, drivers had no ability to set their own rates, which was one of the primary critiques of proponents of AB5, the state law that took effect at the beginning of the year.
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+20 +1
Uber will acquire food-delivery startup Postmates in $2.6 billion all-stock deal, reports say
Uber is set to acquire the food-delivery startup Postmates in a $2.6 billion deal, The New York Times and Bloomberg reported Sunday.People familiar with the matter told Bloomberg and The Times that the all-stock deal could be announced as soon as Monday. According to The Times, Uber is expected to merge Postmates with its popular homegrown food-delivery app Uber Eats.
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+18 +1
Uber in talks to buy food delivery app Postmates
Uber is in talks to buy food delivery app Postmates in a multibillion dollar deal, US media reported. The San Francisco-based company has been badly affected by the coronavirus pandemic—last month cutting a quarter of its global workforce—and has been looking to boost its growing food delivery service Uber Eats.
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+3 +1
Uber and Lyft pricing algorithms charge more in non-white areas
The algorithms that ride-hailing companies, such as Uber and Lyft, use to determine fares appear to create a racial bias. By analysing transport and census data in Chicago, Aylin Caliskan and Akshat Pandey at The George Washington University in Washington DC have found that ride-hailing companies charge a higher price per mile for a trip if the pick-up point or destination is a neighbourhood with a higher proportion of ethnic minority residents than for those with predominantly white residents.
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+18 +1
Uber, Lyft drivers are employees, says California regulator
Drivers working for ride-hailing services such as Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) will be considered employees under California’s new gig worker law, the state’s leading industry regulator said on Thursday.
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+3 +1
Uber’s self-driving AI predicts the trajectories of pedestrians, vehicles, and cyclists
In a preprint paper, Uber researchers describe MultiNet, a system that detects and predicts the motions of obstacles from autonomous vehicle lidar data. They say that unlike existing models, MultiNet reasons about the uncertainty of the behavior and movement of cars, pedestrians, and cyclists using a model that infers detections and predictions and then refines those to generate potential trajectories.
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+4 +1
Uber is offloading Jump's bikes and scooters to Lime, as it reports $2.9B in losses
Uber is offloading Jump, its bike and scooter business, to Lime, a company in which it is investing $85M. Jump had been losing about $60M a quarter.
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+26 +1
California Sues Uber and Lyft, Claiming Workers Are Misclassified
The ride-hailing companies are accused of defying a new state law that says gig workers should be treated as employees.
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+4 +1
Uber promised drivers masks weeks ago. Most say they're still waiting
Gear to protect drivers from the coronavirus is in short supply. The company says it's having a hard time getting needed items to drivers.
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