Articles tagged “uber”

Uber Caps the Hours Its British Drivers Can Work in a Bid for Safety

Uber Caps the Hours Its British Drivers Can Work in a Bid for Safety

Adam Satariano, Bloomberg

Unlike Lyft, Uber has no blanket policy designed to keep exhausted workers off the road worldwide. Why not?

1 day ago

Uber’s Rivals Think Now Is the Time to Ramp up European Expansion

Uber’s Rivals Think Now Is the Time to Ramp up European Expansion

Giles Turner, Bloomberg

Given Uber's ability to keep shooting itself in the foot, it's amazing that no serious competition has emerged in places like London and Paris. However, this could all be about to change.

2 weeks ago

Self-Driving Cars Are Set for Mainstream Use in 2018

Self-Driving Cars Are Set for Mainstream Use in 2018

Keith Naughton and Gabrielle Coppola, Bloomberg

Self-driving cars will likely roll into action this year, albeit at slow speeds with a confusing learning curve for passengers.

2 weeks ago

Uber Co-Founder Kalanick to Cash Out $1.4 Billion of His Stake

Uber Co-Founder Kalanick to Cash Out $1.4 Billion of His Stake

Eric Newcomer, Bloomberg

After an ugly series of negotiations with investors, Uber's Kalanick is looking to cash out about one-third of his stake in the company.

2 weeks ago

Uber-SoftBank Deal Means Valuation Plummets to $48 Billion

Uber-SoftBank Deal Means Valuation Plummets to $48 Billion

Eric Newcomer and Alistair Barr, Bloomberg

The deal with SoftBank brings Uber's valuation down to earth although it could soar again pending a 2019 IPO. Meanwhile, the deal enables Uber CEO Dara Khosrowshahi to consolidate board control and it blocks the return of former boss Travis Kalanick.

3 weeks ago

The Inside Story of an Online Travel Reunion at the New Uber

The Inside Story of an Online Travel Reunion at the New Uber

Dennis Schaal, Skift

There were a ton of people who wanted the COO position at Uber, and it went to Expedia alum and former Orbtiz Worldwide CEO Barney Harford. The pressure will be on both Khosrowshahi and Harford to turn around the ridesharing company. As if there weren't abundant pressure already.

1 month ago

Former Orbitz CEO Barney Harford Is Uber’s New Chief Operating Officer

Former Orbitz CEO Barney Harford Is Uber’s New Chief Operating Officer

Eric Newcomer, Bloomberg

Uber boss Dara Khosrowshahi first met Barney Harford when they both worked at Expedia in 2001. A decade later, Harford sold Orbitz to Expedia. But can the two men in 2018 successfully shake off Uber's all-too-often exploitative disregard for workers and the law? And can they make Uber profitable?

1 month ago

Uber Suffers a Blow as EU Court Decides It Is Actually a Transport Company

Uber Suffers a Blow as EU Court Decides It Is Actually a Transport Company

Stephanie Bodoni and Adam Satariano, Bloomberg

The millions of people who use Uber every day to get from one place to another will not be shocked to discover that the company is in the transport business. Now that a European court agrees, Uber must make the necessary adjustments.

1 month ago

Uber Secretly Recorded Rivals’ Meetings, Ex-Employee Letter Alleges

Uber Secretly Recorded Rivals’ Meetings, Ex-Employee Letter Alleges

Olivia Zaleski, Bloomberg

It's still going to get a lot worse at Uber before it gets better in terms of headline-grabbing revelations if the Waymo lawsuit doesn't get settled. If business is war, then Uber seemingly used all the weapons it could muster.

1 month ago

Airbnb Needs Growth — and to Grow Up — Before Its IPO

Airbnb Needs Growth — and to Grow Up — Before Its IPO

Leonid Bershidsky , Bloomberg

Bershidsky is right that disruptors like Airbnb and Uber need to eventually grow up; that's a given. But mark our words: Hotels aren't the only thing Airbnb will disrupt going forward. Online travel agencies, you've been put on notice.

1 month ago

Alphabet Leads Latest Lyft Funding Round as IPO Looms

Alphabet Leads Latest Lyft Funding Round as IPO Looms

Eric Newcomer, Bloomberg

Lyft is looking to finally stop losing money as it prepares to go public in the coming years. More funding will help them finance their Canada expansion and corporate travel push.

2 months ago

Honolulu Airport Tests Ridesharing Services

Honolulu Airport Tests Ridesharing Services

Associated Press

As in other destinations, consumer demand is driving the testing of ridesharing services at Honolulu Airport. The taxi industry is going to have to try to adapt. Travelers coming in and out of the airport will now have some more reasonable transportation options.

2 months ago