Uber has big plans. The ride-hailing service wants to ferry the world around in self-driving cars and on electric scooters, deliver our takeouts and groceries by drone, and ship freight via robot trucks. But first Uber needs to answer a big question: will it ever make any money?
This week, Wall Street will have the chance to ask that question.
One month into driving for Lyft around Atlanta, Alicia Dukes was sexually assaulted by a passenger on 21 April after she drove him to a gas station and back to his apartment.
The state assembly in California passed legislation on Wednesday that would require employers to recognize hundreds of thousands of gig workers as employees and could have far-reaching implications for contractors across the US.
In a win for labor advocates, Bill 5 passed 53-11 in the assembly and will now move to the senate. If signed by the governor, the legislation would put into action a decision made by the California state supreme court in May 2018 known as Dynamex, which uses a three-part test to determine if contractors qualify as employees entitled to protections and benefits.
The chief executive of Uber has urged employees to ignore “pessimistic voices” after shares in the company slumped again on their second day of trading since Friday’s disappointing stock market debut.
Uber and Lyft are offering riders and drivers discounts and incentives to use the app on Wednesday as drivers seeking better wages strike across the US.
Uber drivers are shutting off apps in protest across more than a dozen US cities as the company prepares to go public, demanding better pay and more protections. To support the drivers, advocates have called on users to stay off the app on Wednesday. But this week, many customers of Lyft and Uber have reported receiving coupons and discount codes timed around the protest, leading many to claim the companies are trying to lure them over the digital picket line.
Rideshare drivers are striking and protesting in major cities across the United States, with many participating in a 24-hour strike of the Uber and Lyft apps that began at midnight on 8 May.
Cities affected by the stoppage – which varies in length from two-hour strikes to day-long boycotts – include Los Angeles, New York, San Diego, Philadelphia and others. Strikes are also expected overseas in Britain, Australia and elsewhere.