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Uber loses California gig work law challenge

A federal appeals court in California has ruled to reject Uber’s challenge to a state law that aims to make gig transportation workers employees rather than independent contractors, dealing a major defeat for the tech company as it struggles to contain costs. California’s AB5 was passed in 2019 with the goal of making app-based workers […]

Bill Ackman slams Uber for ‘ripping off NYC cab driver’

Billionaire hedge fund manager Bill Ackman said he clashed with Uber’s CEO after his cab drivers accused the ride-hailing app of not allowing them to collect tips. Ackman, founder and CEO of Pershing Square Capital Management, wrote on his social media account X on Wednesday that he ordered a Manhattan yellow cab via the Uber […]

Uber, Lyft vow to stay in Minnesota after pay compromise passes Legislature

Ride-sharing companies Uber and Lyft announced they would continue operating in Minnesota after the state Legislature on Sunday passed a compromise driver compensation bill for the city of Minneapolis that the companies opposed. The bill, written by state House Democrats, would set a minimum wage of $1.28 per mile and 31 cents per minute for […]

Uber shares dip as Lyft zooms with female drivers

Uber stock tumbled Wednesday after the ride-hailing and food delivery company reported an unexpected first-quarter loss and weak outlook. Meanwhile, shares of e-hailing rival Lyft were volatile after the company reported a notable acceleration in year-over-year earnings. Recent earnings. Uber fell nearly 6% to close at $66.40 after predicting that its second-quarter gross bookings, a […]

Gilbert Arenas Spends A Stupid $120,000 Per Year On Uber Eats

I don’t care how much money you have, this is totally stupid. At this point, I think everyone knows what Uber Eats is, but for those who don’t know, it’s a popular feature related to the main Uber app that allows people to You can order food at any restaurant there is. What makes this […]