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  • What is proposition 22? The ballot measure that could determine the future of Uber and Lyft in California

What is proposition 22? The ballot measure that could determine the future of Uber and Lyft in California

The ballot measure, known as Proposition 22, would establish drivers as an independent class of workers with access to limited job benefits, along with wage and worker protections they’ve so…

Uber engineer speaks out against company’s $186M campaign, says it’ll hurt drivers

As Uber has poured tens of millions of dollars into a California ballot measure to avoid classifying its drivers as employees, one engineer from inside the ride-hailing company spoke out…

Ride-hailing app Ola banned in London over safety concerns, shortly after Uber wins reprieve

Indian ride-hailing app Ola has been banned by London’s transport regulator over public safety concerns. Transport for London (TfL) refused to grant Ola a new operator’s license after concluding it…

Controversial former Uber exec Emil Michael has registered plans for a $250 million SPAC

SPACs, or special purpose acquisition companies, are all the rage right now, and people are emerging from all corners to raise them. Among the latest entrants — and someone who…

Uber Freight raises $500 million from Greenbriar Equity

Uber has announced it has sold a $500 million stake in its Uber Freight logistics business to New York-based private equity firm Greenbriar Equity Group. Uber will retain majority ownership…

Uber Freight Receives $500M From Greenbriar Investment

Uber Technologies  (UBER) – Get Report said it received a $500 million preferred-stock investment in Uber Freight from a group led by Greenbriar Equity, a deal that values the unit at…

Convoy rival Uber Freight raises $500M, valuing trucking logistics business at $3.3B

(Uber Freight Photo) Uber Freight, the trucking logistics arm of Uber, today announced a $500 million investment led by Greenbriar that values the unit at $3.3 billion. Uber Freight helps…

CoinList president has joined a crypto project backed by Uber co-founder

CoinList president and co-founder Andy Bromberg has seen a number of token projects raise funds, and now he’s going to lead a project himself.  “I’m leaving CoinList to join Eco…

Seattle approves minimum pay rate for Uber and Lyft drivers

(Reuters) – The Seattle City Council passed a minimum pay standard for drivers for companies like Uber Technologies Inc UBER.N and Lyft Inc LYFT.O on Tuesday. Under the ordinance, effective…

Magistrate Lets Uber Keep Driving In London : NPR

A phone shows the Uber app in front of a taxi stand at Waterloo station in London on Monday. The ride-sharing service won its appeal after Transport for London denied…