A new breed of data applications is emerging in a highly decentralized infrastructure, and this is transforming how major enterprises build engines in the cloud. A prime example of this can be seen in ...
The gig economy, as per the UK government, involves the exchange of labor involves the short-term, task-based payment of labor between people or businesses using digital services that actively ...
Uber Technologies (NYSE: UBER) has successfully reinvented itself. From a money-burning disruptor, it has now evolved into a profitable cash machine, generating over $6.9 billion in free cash flow in ...
This week the UK Supreme Court upheld an earlier ruling in May that Uber drivers are legally classed as workers and must be treated as such. The court ruled that it is unlawful for a Private Hire ...
In 2011 VC firm Benchmark Capital paid $12 million for a 20 percent stake in Uber. In 2023, Uber can claim debts in the $10 billion range. Hopefully readers can see the connection between the two ...
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Uber and DoorDash started using disclosures about algorithmic pricing in New York this week.
Uber made a profit thanks to rising revenue and falling expenses last quarter. Big savings came from general and administrative costs as well as marketing. That bodes well for the future of the ...
This month, a group of mostly Black and immigrant Uber and Lyft drivers in Minneapolis won their fight for a minimum pay rate when the Minneapolis City Council refused to be bullied by the rideshare ...
Uber is offering idle drivers in the U.S. the opportunity to earn extra income by completing “digital tasks” without having to make trips or deliveries. According to the announcement on October 16, ...
With big names like Uber, Bolt, and InDriver present in the market, getting into the ride-hailing race might seem not worth the risk. At the same time, ride-hailing services in Nigeria enjoy high ...