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UBER News and Press, Uber Technologies Inc.
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Along with the national election, Californians will vote next week on Proposition 22 on worker classification, sponsored by gig economy companies.A yes vote means “App-based rideshare and delivery companies could hire drivers as independent contractors.”Wedbush says a passage of...
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Uber Technologies (NYSE: UBER) is buying Postmates and the ride-hailing businesses of BMW and Daimler , while Just Eat Takeaway.com is buying Grubhub (NYSE: GRUB) . DoorDash previously acquired Caviar. Yet as the third-party delivery and ridesharing industr...
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Autonomous vehicles are on the horizon and their implementation in the ride-hailing market will be the first adaptation of them for public use. Uber and Lyft have operated mostly undisturbed by competition in the ride-hailing market for quite a while, but autonomous vehicles will brin...
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American Express ([[AXP]] -4.6%) and Uber ([[UBER]] -2.4%) offer new benefits to U.S. Consumer Platinum, Gold, and Green Card Members, giving those card members access to complimentary Eats Pass membership for up to 12 months.Eats Pass is a monthly subscription through Uber Ea...
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Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks rallied to finish Friday higher, but were down for the week with earnings unable to shake the market out of its habit of jumping and d...
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The U.S. election is just 11 days away, prompting BofA to revisit its takes on what the outcome means for Internet stocks - and that varies, depending on the size of the company in the sector. The biggest potential risk lies with large-cap FANGs - here, Facebook (FB), Amazon.com (AMZN), Netfl...
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A California appeals court on Thursday affirmed a trial court ruling requiring Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) to classify their drivers as employees instead of independent contractors. The court previously granted the ridesharing companies a sta...
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Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Employees or contractors?Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) must classify their drivers in California as employees, according to a state appeals court...
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Uber (UBER) and Lyft (LYFT) must classify their drivers in California as employees, according to a state appeals court ruling that threatens to upend the companies' business models.The order makes the two even more dependent on Proposition 22, a ballot initiative on Nov. 3 that would supersed...
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Tesla (TSLA) held one of its calmer conference calls after knocking out five straight quarters of profit.Tesla CEO Elon Musk gave out more details on the full self-driving beta, noting that the system will be trained as edge cases are worked out with the beta drivers. It is noted that the car...
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Uber Technologies (NYSE: UBER) is buying Postmates and the ride-hailing businesses of BMW and Daimler , while Just Eat Takeaway.com is buying Grubhub (NYSE: GRUB) . DoorDash previously acquired Caviar. Yet as the third-party delivery and ridesharing industr...
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A California appeals court on Thursday affirmed a trial court ruling requiring Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) to classify their drivers as employees instead of independent contractors. The court previously granted the ridesharing companies a sta...
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Uber Technologies (NYSE: UBER) is aiming to expand in Europe through a splashy acquisition, it seems. An article published Wednesday by Reuters cites a report in German business publication Manager Magazin saying that the ridesharing giant is offering over 1 billion euros ($1.2 ...
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