In a groundbreaking legal development, Uber has consented to compensate nearly 8,000 taxi and hire car drivers in Australia with a monumental sum totalling almost 272 million Australian dollars ($179 million). This settlement, acclaimed as the fifth-largest in the annals of Australian legal history, arises from a class action lawsuit initiated by Maurice Blackburn Lawyers…
Rideshare giants Lyft and Uber are set to cease their services in Minneapolis starting May 1, following the city council’s decision to override the mayor’s veto and implement a new minimum wage law for rideshare drivers. The city council’s 10-3 vote on Thursday paved the way for rideshare drivers to receive a minimum wage of…
Ride-hailing giant Uber has announced the closure of its alcohol delivery app, Drizly, just three years after its acquisition for $1.1 billion. The move is part of Uber’s strategic consolidation, focusing on integrating Drizly’s marketplace into its primary delivery app, Uber Eats. Drizly, which became the largest online alcohol marketplace in North America, will cease…
Ride-hailing giant Uber is set to make waves on Wall Street as it joins the prestigious S&P 500, reaching a new 52-week high last week in anticipation of its debut in Monday trading. Uber’s inclusion in the S&P 500, announced by S&P Dow Jones Indices on December 4, reflects the company’s remarkable turnaround under CEO…
Rafaela Vasquez, the Uber test driver who was behind the wheel of a self-driving car when it struck and killed a pedestrian in 2018, has pleaded guilty to endangerment. The accident occurred in Tempe, Arizona, and marked the first known fatality involving a fully autonomous vehicle. According to a National Transportation Safety Board investigation, Vasquez…
A ridesharing app called Black Wolf has recently been launched in Atlanta and New York, aiming to compete with Uber and Lyft. What sets Black Wolf apart is that its drivers are allowed to carry firearms. Founder Kerry King Brown stated in an interview with a local news station in Atlanta that the app is…
A US court has ruled that “gig” economy giants including Uber and Lyft can continue treating their workers as independent contractors in the state of California. As reported on BBC, the California appeals court found that a labour measure, known as Proposition 22, was largely constitutional. Labour groups and some workers had opposed the measure,…
There has been a all-time-high spike in the number of people driving for Uber as a source of income, as concerns about the rising cost of living push people to find new ways to make money. According to the CEO, Uber, almost 5 million people have now registered on Uber and are now picking up…
