Articles tagged “uber”

Popularity of Ridehailing Services Will Hurt New Car Sales

Popularity of Ridehailing Services Will Hurt New Car Sales

Joe Ryan and David Welch, Bloomberg

Car ownership has been a mainstay of high-income economies since Henry Ford pioneered mass production in the early part of the 20th century. The rise of ridehailing companies like Uber is changing the game, but the greater shock to the system will be when self-driving cars become a reality.

2 days ago

Lyft’s Share of the U.S. Market Is Growing Faster Than Rival Uber Would Like

Lyft’s Share of the U.S. Market Is Growing Faster Than Rival Uber Would Like

Mark Bergen and Eric Newcomer, Bloomberg

Uber's challenge now is that its rival's success is driven by the delete-Uber movement in big markets as well as the negative connotations in other markets. It needs to reset the story to succeed.

1 week ago

Uber Signs NASA Deal to Develop Flying Car Systems in Cities Like Los Angeles

Uber Signs NASA Deal to Develop Flying Car Systems in Cities Like Los Angeles

Natalie Wong, Bloomberg

Uber's vision to lead the flying car space remains an uphill battle, but partnerships with government organizations will ease the process when they are ready to finally start operating.

2 weeks ago

Uber Will Train 150 Agents on Sexual Assault Reports

Uber Will Train 150 Agents on Sexual Assault Reports

Tom Krisher , Associated Press

The $5 million that Uber is pledging is a modest step, but the question is whether it amounts to a deep-seated commitment to combat sexual assault within its ridesharing service or whether this is window-dressing geared for some nice public relations.

2 weeks ago

Brazil Ridesharing Battle Heats Up With New Restrictions Likely

Brazil Ridesharing Battle Heats Up With New Restrictions Likely

Sarah DiLorenzo, Associated Press

Tension is high in Brazil as legislation hamstringing ridesharing companies is under debate. Enhanced protections for drivers are necessary, but widespread restrictions could hurt the hundreds of thousands of drivers who make a living from Uber and Cabify.

3 weeks ago

Uber Appoints Ex-Banker to New UK Chair Role to Defend Its London Business

Uber Appoints Ex-Banker to New UK Chair Role to Defend Its London Business

Giles Turner, Bloomberg

London's transport officials recently threatened to ban Uber from London, largely based on worries about user safety. The ridehailing company's new UK executive has wrangled with regulators before and will add to the company's negotiation skill.

3 weeks ago

Uber and Starwood to End Partnership in Possible Signal of Wider Loyalty Changes Ahead

Uber and Starwood to End Partnership in Possible Signal of Wider Loyalty Changes Ahead

Grant Martin, Skift

Business travelers will lament the end of the Uber-Starwood partnership, but much more may be on the horizon for Uber's loyalty plans.

3 weeks ago

Three Latina Women Challenge Uber With Employment-Discrimination Lawsuit

Three Latina Women Challenge Uber With Employment-Discrimination Lawsuit

Joel Rosenblatt, Bloomberg

Uber's new CEO has to not only talk the talk but walk the walk when it comes to turning around Uber's bro culture, including rooting out employment discrimination against women and minorities. Hey, this isn't just an Uber problem, but in the age of Harvey Weinstein and glass ceilings, Uber can play a leadership role in Silicon Valley and beyond if it truly addresses these issues.

4 weeks ago

Uber Enters the Loyalty Game With New Credit Card

Uber Enters the Loyalty Game With New Credit Card

Andrew Sheivachman, Skift

It makes sense for Uber to enter the credit card and loyalty arena. This card could be a solid alternative for frequent travelers who don't want to shell out a large annual fee.

4 weeks ago

Uber Faces Challenge to Business Model in Brazil

Uber Faces Challenge to Business Model in Brazil

Samy Adghimi and Mario Sergio Lima, Bloomberg

Brazil's Senate is set to make it harder for ridesharing services to operate, representing a considerable blow to Uber's global growth agenda. It's a hurdle that Uber and competitors now face in locales as disparate as the UK and now Brazil.

4 weeks ago

Lyft Continues Steady Rise in Popularity Among Business Travelers

Lyft Continues Steady Rise in Popularity Among Business Travelers

Andrew Sheivachman, Skift

Signs point to an ongoing malaise for Uber, but Lyft still lags behind in overall usage by business travelers.

4 weeks ago

Internet Billionaires Are Playing a Game of Chess With Uber and Lyft as Pawns

Internet Billionaires Are Playing a Game of Chess With Uber and Lyft as Pawns

Eric Newcomer, Bloomberg

The battle for the future or transportation — self-driving cars included — looks like it'll be a dramatic one as these tech billionaires duke it out via their deep pockets.

1 month ago