Posts filtered by tags: Uber[x]


 

Visa’s Africa strategy banks on startup partnerships

Visa has prioritized growth in Africa, and partnering with startups is central to its strategy. This became obvious in 2019 after the global financial services giant entered a series of collaborations on the continent, but Visa confirmed it in their 2020 Investor Day presentation. On the , participants mentioned Africa 28 times and featured regional startups prominently in the accompanying deck. Visa’s regional president for Central and Eastern Europe, Middle East and Africa (CEMEA), Andrew ...
Tags: TC, Uber, Finance, Nigeria, Africa, Tech, Cisco, E-commerce, South Africa, Cameroon, Kenya, Tanzania, Alipay, Payments, Financial inclusion, Financial Services


$2.50 an hour and exposure to riders who may have the virus: Uber drivers say their income has collapsed and help has been sparse. Here's how bad it is.

Rideshare drivers for Uber and Lyft say their income has collapsed amid coronavirus, and support from the rideshare companies has been sparse. Business Insider surveyed over 1,000 rideshare drivers and gig workers. Drivers who are still working said their weekly earnings have dropped by anywhere from 50% to 80% in the past month.  Many have stopped driving altogether due to safety concerns. Others are pivoting to delivery work, which they say has remained more profitable amid the quarantine. U...
Tags: Lyft, Uber, Washington, Los Angeles, Trends, Chicago, Fairfield, Las Vegas, Smith, Young, Cnbc, Business Insider, Adam Smith, Honolulu, Sánchez, Jay Inslee


Uber promised to pay drivers who couldn't work because of the coronavirus. But drivers say Uber has been closing their accounts after they seek sick pay, and then ignoring or rejecting their claims.

Multiple drivers tell Business Insider that Uber has rejected their requests for sick pay, despite doctors' notes telling them to self-quarantine.
Tags: Uber, News, Business Insider


Uber promised to pay drivers who couldn't work because of the coronavirus. But drivers say Uber has been closing their accounts after they seek sick pay, and then ignoring or rejecting their claims. (UBER)

Uber promised financial assistance to drivers forced off the road by the coronavirus, but even some who appear to meet its strict eligibility criteria have been unable to get the company to pay them. Multiple drivers, all of whom have underlying health conditions that make them especially vulnerable to the virus, told Business Insider that Uber had rejected or ignored their requests for sick pay after shutting down their accounts, despite doctor's notes. While Uber immediately blocked them fro...
Tags: Uber, Congress, US, Sacramento, Trends, Chicago, Beverly Hills, Jeff Bezos, Business Insider, Martin, PHOENIX Arizona, Dara Khosrowshahi, University of California Hastings, Dubal, Frenette, Veena Dubal


Self-driving car engineer Anthony Levandowski files motion to force Uber into arbitration

Anthony Levandowski, the star self-driving car engineer who was at the center of a trade secrets lawsuit, has filed a motion to compel Uber into arbitration in the hopes that his former employee will have to shoulder the cost of at least part of the $179 million judgment against him. The motion to compel arbitration filed this week is part of Levandowski’s bankruptcy proceedings. It’s the latest chapter in a long and winding legal saga that has entangled Uber and Waymo, the former Googl...
Tags: Google, TC, Transportation, Uber, California, Tech, Engineer, Automotive, SEC, Self-driving Cars, Judge, District Attorney, Anthony, Alphabet, Emerging-technologies, San Francisco Bay Area


Uber Eats beefs up its grocery delivery offer as COVID-19 lockdowns continue

Uber Eats has beefed up grocery delivery options in three markets hard hit by the coronavirus. Uber’s food delivery division said today it’s inked a partnership with supermarket giant Carrefour in France to provide Parisians with 30 minute home delivery on a range of grocery products, including everyday foods, toiletries and cleaning products. The service is starting with 15 stores in the city, with Uber Eats saying it plans to scale it out rapidly nationwide “in the coming weeks”. In Sp...
Tags: Food, Uber, Apps, Europe, UK, Australia, France, Collaborative Consumption, Tech, Spain, Barcelona, Supermarkets, United Kingdom, Brazil, Food Delivery, Retailers


Brutal chart shows just show much Uber's core ride-hailing business has been hollowed out by coronavirus in the US (UBER)

The coronavirus pandemic has forced people around the world to stay home and avoid travel, causing a drastic slowdown for companies like Uber and Lyft. New data from SuperFly shows Uber rides in the US have fallen by as much as 94%, a larger dip than the one disclosed by Uber in early March. Both ride-hailing providers have pivoted to delivery in recent weeks as a way to aid in the crisis and fortify their businesses. Visit Business Insider's homepage for more stories. The coronavirus pandemi...
Tags: Amazon, Lyft, Uber, US, Trends, United States, Ferrari, Fiat, Seattle, Donald Trump, Jpmorgan, Dara Khosrowshahi, Doug Anmuth, Pierre Dimitri


New data shows Uber rides in the US have fallen up to 94% as the coronavirus pandemic upends travel, work, and the economy (UBER)

The coronavirus pandemic has forced people around the world to stay home and avoid travel, causing a drastic slowdown for companies like Uber and Lyft. New data from SuperFly shows Uber rides in the US have fallen by as much as 94%, a larger dip than the one disclosed by Uber in early March. Both ride-hailing providers have pivoted to delivery in recent weeks as a way to aid in the crisis and fortify their businesses. Visit Business Insider's homepage for more stories. The coronavirus pandemi...
Tags: Amazon, Lyft, Uber, US, Trends, United States, Ferrari, Fiat, Seattle, Donald Trump, Jpmorgan, Dara Khosrowshahi, Doug Anmuth, Pierre Dimitri


Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the ...
Tags: Transportation, Uber, Apps, Collaborative Consumption, Tech, StumbleUpon, Travis Kalanick, Kalanick, Camp, Garrett Camp, Dara, Ryan Graves, Dara Khosrowshahi, Personnel, Khosrowshahi, Expa Labs


Coronavirus: Brand moves for Monday March 30

Intuit QuickBooks, the world’s largest small business network, and GoFundMe, the world’s largest social fundraising platform, have co-founded an initiative to help small businesses raise money to overcome the challenges caused by COVID-19. The Small Business Relief Initiative is designed to get money into the hands of small businesses struggling to pay employees and business expenses due to COVID-19. As part of the initiative, GoFundMe has launched a Small Business Relief Fund into which GoFund...
Tags: Uber, Europe, UK, Maryland, Advertising, US, Merck, NHS, New Jersey, Coalition, Italy, Healthcare, Gm, Morrisons, Astrazeneca, World Health Organisation


Airbnb is freezing marketing spending and slowing hiring as losses reportedly reach hundreds of millions of dollars

Airbnb has halted most teams to freeze hiring for the foreseeable future, according to a report in . Technical and essential roles are still open and moving through the process on a case by case basis, a source close to the company told Business Insider. An independent analysis of open roles showed that technical and contingent roles dropped sharply starting in January, and have continued to fall. Airbnb is among other startups struggling with an extreme decrease in revenue as people halt tra...
Tags: Google, Amazon, Lyft, Uber, Trends, Beverly Hills, Silicon Valley, Airbnb, Jeff Bezos, Signal, Cnbc, Airbnb Uber, Business Insider An, Jon Keidan, Torch Capital, Pitchbook data An Airbnb


Lime’s valuation, variable costs and diverging categories of on-demand companies

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. We’re wrapping the week with Lime, scooters and the divergence between Uber and Lyft and their two-wheeled rivals. It’s been a hectic year for ride-hailing, but an even more turbulent time for the scooter unicorns that exploded into the venture capital scene in early 2018. Scooter-focused startups were, at one point in time, among the hottest companies that money could chase. Th...
Tags: TC, Lyft, Uber, Tech, Scooters, Bird, Ride Hailing, Lime


Court Agrees That Postmates Couriers Are Employees Entitled to Unemployment Benefits

In a pivotal win for gig workers on Thursday, the New York State Court of Appeals supported a previous state ruling that Postmates workers should be considered employees, and thus eligible for unemployment insurance. While the gig economy’s precarious nature has come under fire in recent years, the covid-19 pandemic…Read more...
Tags: Lyft, Uber, Science, Postmates, Gig Economy, New York State Court of Appeals, Coronavirus, Covid 19, Sars Cov 2


Uber Is Now Asking Drivers to Make Delivery Runs Between Rides

In these scary, lonely times, delivery—be it for groceries, made-to-order food, or household essential—is seeing far more demand than usual. Now, in a move ostensibly intended to help its drivers “find new ways to earn,” Uber is asking them to make food deliveries for its courier service Uber Eats.Read more...
Tags: Uber, Science, Coronavirus, Covid 19, Sars Cov 2


Gig workers could get unemployment benefits under $2 trillion Senate stimulus bill

The Senate’s historic $2 trillion stimulus package will make history in one more way: by providing some financial assistance to gig workers. Late last night, the Senate passed a $2 trillion stimulus bill in response to the COVID-19 pandemic. As part of the bill, which makes its way to the House of Representatives for a vote this week, gig workers would be eligible to apply for unemployment benefits. Additionally, the bill would provide $600 per week in federal assistance for unemployed workers f...
Tags: TC, Lyft, Uber, Congress, California, Washington, Government, Senate, Tech, House, House Of Representatives, Donald Trump, Bernie Sanders, Presidential, U S Senate, Uber Lyft


As coronavirus boosts demand for food delivery, Grubhub and JPMorgan have been working together to let drivers instantly cash out. It's a sign of how JPMorgan is using new payments tech to grow transaction banking.

Grubhub has been offering a new service in partnership with JPMorgan that allows their drivers to almost instantly cash out their earnings.  The service is similar to that offered by Grubhub competitors like Postmates, Door Dash and Uber Eats, but drivers get unlimited cash outs and, if they have a Chase account, avoid fees.  Before the food delivery companies started offering these types of services, gig-economy workers had to wait until their weekly payday to receive their earnings. Now, man...
Tags: Uber, Trends, Paypal, Chicago, Chase, Ferguson, Berkshire Hathaway, Goldman Sachs, WeWork, Postmates, Citi, Jpmorgan, JPMorgan Chase, Cao, GrubHub, Eric Ferguson


An Uber driver who got COVID-19 couldn't get the company to cover his promised sick pay until he called out its CEO on Twitter

An Uber driver who tested positive for coronavirus says the company didn't pay him the sick pay it had promised until he took to Twitter to tell his story, CNET reported Wednesday. Uber said earlier in March that it would compensate drivers and delivery workers diagnosed with COVID-19or placed in mandatory quarantine. However, three drivers told CNET that they've had difficulty getting the company to approve their compensation requests. Gig workers, most of whom are independent contractors, ha...
Tags: Uber, UK, US, San Francisco, Trends, Taiwan, Bill Gates, Beverly Hills, Jeff Bezos, Seattle, Cnet, Business Insider, Dara Khosrowshahi, Uber Lyft Instacart, Tony West, CNET Uber


Uber and Airbnb Lobby for Gig Worker Bailout

(Bloomberg) -- Isolated with his family at home in San Francisco, Uber Chief Executive Officer Dara Khosrowshahi has been making pleading phone calls to members of Congress. Khosrowshahi is asking for a bailout—not for his company, which has told investors it should have at least $4 billion in cash by the end of the year—but for its idle drivers.Uber Technologies Inc. and Airbnb Inc., the leaders of the so-called sharing economy, are suffering during the Covid-19 shutdown, but not in the same wa...
Tags: Uber, News, Congress, Washington, Senate, White House, San Francisco, Barack Obama, Bloomberg, Mitch McConnell, Airbnb, Small Business Administration, Schumer, DoorDash Inc, Uber Technologies Inc, Chuck Schumer


Stocks blast higher on expectation of sweeping federal action

There are no free market fanatics on corporate boards the moment the economy wobbles. Today makes the point, with stocks shooting higher on the back of news that a sweeping federal package of aid and stimulus should soon pass Congress. The goal of the financial package is to blunt the impact of COVID-19-related market disruptions that have led to mass layoffs, and an economy expected to slip into recession. Today in regular hours the Dow Jones Industrial Average (DJIA) led American indices by cl...
Tags: TC, Lyft, Uber, Congress, White House, Tech, Ceo, Companies, Software, Stock Market, Nasdaq, Newton, Dow Jones Industrial Average, Dara Khosrowshahi, Khosrowshahi, Dow-Jones


Uber's CEO wants Trump to give financial help to its drivers and gig economy workers who don't count as employees

Uber CEO Dara Khosrowshahi sent an open letter to Donald Trump on Monday asking him to provide financial and regulatory aid to gig economy workers like Uber drivers. "My goal in writing to you is not to ask for a bailout for Uber, but rather for support for the independent workers on our platform," he wrote. Khosrowshahi also argued for future legislation establishing regulations for "flexible" work, bridging the gap between independent contractors and salaried employees. Visit Business Inside...
Tags: Uber, UK, US, America, Trends, Beverly Hills, Jeff Bezos, Donald Trump, Trump, Dara Khosrowshahi, Khosrowshahi, Khosrowshahi Demand for Uber


COVID-19: Uber, Ola taxi drivers call for reducing commissions till ‘business returns to normalcy’

The Indian Federation of App based Transport Workers (IFAT), an association that has members from 19 Indian states, has urged Prime Minister Narendra Modi to direct the cab aggregators to reduce their commissions to 5% till the time the COVID-19 pandemic is controlled and business returns to normalcy. 492 people in India have tested positive […] ...
Tags: Travel, Uber, News, India, Narendra Modi, Ola, Coronavirus, Indian Federation of App, Transport Workers IFAT


NYC is offering gig workers delivery jobs during COVID-19 pandemic

To help gig workers make ends meet during these times of job insecurity amid COVID-19, New York City is offering gig workers who are licensed with the TLC to help with delivery work. While the demand for drivers is currently small, NYC says it expects demand to increase for meal delivery to senior citizens and other residents who need to stay home. The jobs pay $15 per hour, and offer reimbursement for gas mileage and tolls — something gig economy companies don’t currently do. “The World is chan...
Tags: Health, Food, Transportation, Lyft, Uber, New York, California, White House, New York City, Tech, Tlc, Andrew Cuomo, AB, Dara Khosrowshahi, Khosrowshahi, Independent Drivers Guild


Stocks broadly fall as Nasdaq dips modestly, SaaS gains on the day

The stock market’s movements in recent weeks have often felt like unified action. When one American index fell, the others were generally right there with it, rising and falling in concert. Today wasn’t like that. Indeed, in regular trading today the Dow Jones Industrial Average (DJIA) was down sharply. The S&P 500 dipped a little less, but was mostly in line. The tech-heavy Nasdaq, however, was not. And perhaps even more surprising, a key subset of the technology world wasn’t down at all — i...
Tags: TC, Lyft, Uber, Tech, Tesla, Companies, Software, Ford, Nasdaq, Dow Jones Industrial Average, Fitch Ratings, COVID, BBB GM


Uber CEO Decides Driver Safety Isn't His Problem

Gig workers pose a clear danger where the continued spread of covid-19 is concerned. As to the open question of how to responsibly address this massive vector of workers, who are often uninsured and can’t afford not to work in spite of the risks, Uber CEO Dara Khosrowshahi has apparently washed his hands. Read more...
Tags: Uber, Science, Labor, Gig Economy, Dara Khosrowshahi, Coronavirus, Sars Cov 2


How to Make Money on Your Phone in 2020

You can make money with nothing but your phone. Below, I’ve listed the best ways to turn spare time on your phone into cash. To be clear, you’re not likely to get rich (at least not quickly) with these methods. We did put together the options  that have the most potential, even if they take some extra work. That’s why we skipped common options like survey apps. They do make money but the hourly rate won’t be nearly as good as the list below. Investment Apps The investment apps are ridiculously...
Tags: Freelancing, Lyft, Uber, Craigslist, Marketing, Paypal, Foap, Jetblue, Betterment, Decluttr, Consulting & Hustling, NiceTalk


Uber, Ola suspend all rides in New Delhi

Uber and Ola have suspended all ride options in New Delhi till March 31 and the Indian ride-hailing firm is restricting ride options across the country in a bid to slow the coronavirus pandemic. The firms said the suspension of their services in India’s capital was in compliance with the local state government’s lockdown order that went into effect earlier Monday. “In compliance with the government guidelines, we are temporarily suspending all Uber services in your city. This means that Uber ...
Tags: Travel, Transportation, Uber, Asia, India, Narendra Modi, New Delhi, Ola, Gurgaon, Inter, Uber in India, Coronavirus, COVID-19, Covid19, Noida New Delhi, Lyft India


Uber, Ola suspend all rides in India’s capital

Uber and Ola have suspended all ride options in Delhi till March 31 and the Indian ride-hailing firm is restricting ride options across the country in a bid to slow the coronavirus pandemic. The firms said the suspension of their services in India’s capital was in compliance with the local state government’s lockdown order that went into effect earlier Monday. “In compliance with the government guidelines, we are temporarily suspending all Uber services in your city. This means that Uber ride...
Tags: Transportation, Uber, Asia, India, Narendra Modi, Tech, Delhi, New Delhi, Ola, Gurgaon, Inter, Uber in India, Coronavirus, COVID-19, Covid19, Noida New Delhi


How Uber and Lyft Drivers Handle the Risk of Coronavirus Infections

"Thousands of full-time rideshare drivers are still out on the streets trying to carve out a living," notes The Hustle, interviewing more than 50 full-time rideshare drivers facing a difficult choice: "Stay home and sacrifice a livelihood, or keep driving in a depressed market and risk contracting the virus." As independent contractors, rideshare drivers don't receive sick leave, unemployment insurance, or the many other benefits enjoyed by W-2 employees. During a pandemic, this has proven to be...
Tags: Lyft, Uber, New York City, Tech, Hustle, Hastings, Veena Dubal


Lyft to offer medical supply and meal delivery during coronavirus pandemic

Lyft is expanding the types of services it provides through its on-demand transportation network in an effort to boost efforts to deal with the ongoing COVID-19 pandemic. The company announced that it will be offering delivery of critical medical supplies to individuals who need them during this time, including the elderly and those living with chronic diseases, and that it will be delivering meals to students who ordinarily get subsidized lunches through school, as well as seniors. The new e...
Tags: Travel, Health, Food, TC, Transportation, Lyft, Uber, California, Cdc, United States, Transport, Driver, San Francisco Bay Area, COVID-19


Former Google Engineer Anthony Levandowski Escapes 32 of 33 Charges in Waymo Theft Plea Deal

Anthony Levandowski, the ex-Google autonomous vehicle engineer slapped with 33 charges of theft and attempted theft of trade secrets last year, has struck a deal with Uncle Sam to plead guilty and escape with just one guilty plea, per the Wall Street Journal.Read more...
Tags: Google, Uber, Science, Technology, Crime, Cars, Automotive, Courts, Autonomous Vehicles, Autonomous Cars, Automobiles, Self Driving Cars, Uncle Sam, Waymo, Anthony Levandowski, Waymo Theft Plea Deal