Tag: Technology

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Gig economy traps workers in precarious existence, says report

Far from providing flexible jobs for complex modern lives, gig economy companies, such as Uber and Deliveroo, increasingly trap workers in a precarious existence where they need to devote ever-more time to the platform in order to remain financially stable, a new report argues. Based on research and collaboration with a group of gig workers,…
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November 17, 2021 0

Uber reveals plans for flying taxi to bypass road traffic congestion

Uber has unveiled plans for a flying taxi at the Consumer Electronics Show in Las Vegas. The ride-sharing company on Tuesday showed off a full-size mock-up of the electric plane concept vehicle created with South Korean carmaker Hyundai, as it seeks to fly above traffic rather than add to it. Uber wants to offer aerial…
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November 15, 2021 0

The gig economy: stop making burnout a lifestyle

A decade ago a ride-hailing service called UberCab launched in Silicon Valley. Since then the rebranded Uber has burned through $10bn. It has never made a profit. The business model relies on shareholders to subsidise cheap rides so that the company can squeeze out rivals and establish a monopoly. Uber’s success is that 90 million…
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November 15, 2021 0

A brutal year: how the ‘techlash’ caught up with Facebook, Google and Amazon

What goes up must come down, and in 2019, gravity reasserted itself for the tech industry. After years of relatively unchecked growth, the tech industry found itself on the receiving end of increased scrutiny from lawmakers and the public and attacks from its own employees. “The whole year has been brutal for tech companies,” said…
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November 15, 2021 0

Too big to fail? Tech’s decade of scale and impunity

Towards the end of the last decade, two American social networks – Facebook and MySpace – were locked in a battle to conquer the rest of the world.


November 15, 2021 0

Uber: co-founder Travis Kalanick to resign from board of directors

Uber’s former CEO Travis Kalanick will resign from the board of directors of the US ride-share giant by the end of the year, the company said on Tuesday, effectively severing ties with the outfit he co-founded a decade ago. Kalanick, who helped found Uber in 2009, stepped down from the company’s helm in June 2017…
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November 15, 2021 0

Uber’s new loan program could trap drivers in cycles of crushing debt

Under the guise of giving its drivers more access to the banking and financial system, Uber has quietly been developing a loan program that may have the potential to trap drivers in cycles of debt, making them easier for the company to exploit. In early September, a number of Uber drivers in the US received…
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November 13, 2021 0

With Uber’s future in doubt, how else might Londoners zip around town?

For London, Uber is not yet over. But last week’s decision by the capital’s transport authority to reject the global ride-hailing firm’s application to renew its licence has put its long-term prospects in doubt.


November 13, 2021 0