ridesharing

Surprising No One, Uber Continues to Hemorrhage Cash

Beleaguered ride-sharing giant Uber continued to torch cash like an outdated Joker reference in Q3 2019, but it claims that the news is positive because parts of its business would technically be profitable if one looked past all the ways it’s losing money. In quarterly results posted on Monday, Uber reported a net loss of…

Transportation Tom McKay Nov 4

LAX Airport Found a Way to Make Ride-Sharing Even Worse

LAX is one of the busiest airports in the world, and anyone who’s passed through its terminals understands that waiting is a big part of your LAX adventure. But yesterday lines and delays were especially nightmarish for travelers using ride-sharing services as the airport officially started a new program requiring Uber and Lyft drivers to…

Tech News Andrew Liszewski Oct 31

Uber’s Making It Easier to Bring Your Pet for the Ride—and Don’t You Dare Ruin This for Me

One of the downsides of being a pet owner without a vehicle at your disposal is that getting around in a pinch typically means you’re at the mercy of someone willing to transport the two of you in good faith. Uber knows this can be tricky, and it’s launching a new pilot, Uber Pet, to…

Tech News Catie Keck Oct 9

Uber Plans to Launch Even More Safety Features It’s Needed For a While Now

Amid mounting criticism and lawsuits concerning Uber shortcomings when it comes to passenger safety, the company unveiled several new safety features planned to roll out along with an app-wide update it announced Thursday. They’ll be among several added to the ride-sharing app in the last year since Uber announced it was “getting serious about safety,”…

Tech News Alyse Stanley Sep 27

Pop! Goes the Uber

Things haven’t been going so hot for Uber, which is burning through billions of dollars a year with no fleet of driverless taxis in sight to stop it. Now, the party is really over: According to a report in Crunchbase News, Uber has decided to stop buying hundreds of thousands of dollars in celebratory balloons…

Tech News Tom McKay Aug 14

Reports: Uber Freezes Tech Staff Hiring in U.S. as Cash Hemorrhage Continues

Ridesharing giant Uber, which has been burning through money faster than the Joker ($5.2 billion in the last quarter alone!), has suddenly frozen its hiring of technical and engineering staff in the U.S., according to reports on Friday by Bloomberg and Yahoo News. Broadly speaking, hiring freezes are rarely a good sign for the future…

Tech News Tom McKay Aug 11

Uber Sets $5.2 Billion on Fire In Biggest Loss Ever

Well, well, well! If it isn’t our beleaguered rideshare giant Uber reporting yet another quarter of continued losses after its disastrous IPO earlier this year. In its earnings report released Thursday, the company said it burned through more than $5 billion—its largest losses to date. Uber is spending money at an absolutely incomprehensible rate. But…

Tech News Catie Keck Aug 8

Uber Warns It’s Under Investigation by the IRS Over Past Tax Returns

Uber—the unicorn whose disastrous initial public offering last month launched a thousand think pieces—has revealed that it is currently under investigation by tax authorities over past returns, a revelation that certainly doesn’t seem like it’ll do the rideshare company any favors. According to a Tuesday filing with the Securities and Exchange Commission, Uber is presently…

Tech News Catie Keck Jun 4

Car2stay: Frustrated Man Builds Fence Around Car2go Parked in His Driveway, Demands Fee

After Seattle property-owner Dan Smith tried unsuccessfully for hours to have a Share Now (formerly car2go) car removed from his property, he took an unconventional approach. He constructed an elaborate barricade around the Mercedez-Benz. Smith told the Seattle Times that when he noticed someone had parked the vehicle—marked with decals for the ride-share company—in a…

Transportation Jennings Brown May 31

Uber Will Start Booting Shitty Passengers From Its App

Uber is finally going to hold its riders to the same standard of common decency that it holds its drivers—via their ratings. In a blog post this week, Uber Head of Safety Brand and Initiatives Kate Parker wrote that riders in the U.S. and Canada could have their accounts deactivated if they dip below an…

Tech News Catie Keck May 29

Are Uber and Lyft Drivers Gaming Surge Pricing to Protest Getting Screwed Over on Pay?

Despite policies that prohibit the manipulation of rideshare apps, drivers for Uber and Lyft are reportedly working together to coordinate price surges at Reagan National Airport to earn a higher fare. WJLA reported last week that this group effort to game the apps occurs “several times” on a nightly basis at the Arlington, Virginia airport…

Tech News Catie Keck May 20

Report: Accused Somali War Criminal Living in the U.S. Drove for Uber and Lyft

Former Somali military commander and accused war criminal Yusuf Abdi Ali has been facing a civil lawsuit in Virginia over allegations of “gross human rights abuses” in the separatist region of Somaliland in the 1970s and 1980s, during the reign of U.S.-backed dictator Siad Barre. He was also a driver for Uber and Lyft until…

Tech News Tom McKay May 15

Here’s What You Need to Do to Take an Uber or Lyft at PDX Now

Figuring out the best mode of transportation for leaving an airport can be tricky, especially if your preferred method is using a rideshare app. Confusion starts when you try to pin yourself to the correct location, and continues as you wait to be connected to a car, then try to actually spot it, and finally…

Tech News Catie Keck May 14

Congratulations to Uber, the Worst Performing IPO in U.S. Stock Market History

Rideshare unicorn Uber doesn’t do anything small. When it was in the game of raising money, it raised close to $25 billion. When it loses that money—and it does every single quarter—it loses it at astronomical burn rates. It finally debuted on the New York Stock Exchange today, in the middle of international trade uncertainty…

Tech News Avery Ellis May 10

Why Uber Drivers Will Strike Around the World on Wednesday

We’re just days out from Uber making its multibillion-dollar move to the New York Stock Exchange and thousands of drivers from around the world are preparing to launch a series of strikes protests on Wednesday in an effort to fight for better pay and better treatment. Uber, however, expects their driver dissatisfaction problem to only…

Tech News Patrick Howell O'Neill May 7

Travis Who?

Founders are a revered breed in Silicon Valley, but for Uber co-founder Travis Kalanick, that good will evaporated a long time ago. Now, according to multiple reports, Kalanick won’t be invited to the New York Stock Exchange balcony to celebrate the company going public next Friday. Ouch. Uber CEO Dara Khosrowshahi was allegedly the one…

Tech News Victoria Song May 3

Lyft Fails to Overturn NYC Driver Minimum Wage Law

Lyft’s lawsuit to overturn New York City’s minimum wage for ride-hailing drivers failed after a ruling by Judge Andrea Masley on Wednesday. The city’s rule mandates that companies pay drivers, which are considered independent contractors and not company employees, make at least $17.22 an hour after taxes and expenses. To achieve this, the rules dictate…

Tech News Patrick Howell O'Neill May 1

Uber and Lyft Cut Off Hiring of New Drivers in NYC as New Regulations Appear to Work

Lyft and Uber are halting onboarding for new drivers in New York City following last year’s historic vote that lifted the wage minimum for drivers ride-hailing companies late last year, Politico reported Monday. The news comes after New York City’s Taxi and Limousine Commission in December passed new rules governing the minimum wage for ride-hailing…

Tech News Catie Keck Apr 30

Stuff Elon Musk Said About Tesla Autonomous Cars on Monday, Ranked

On Monday, Tesla CEO Elon Musk spoke at a company investor day focused on autonomy, relaying news that Tesla had switched to a self-driving computer designed by in-house engineers and dropping some big promises about what, exactly, the future of its Autopilot feature and autonomous driving will look like. And boy, it’s a doozy. This…

Tech News Tom McKay Apr 23

Chicago Police Bust Alleged Car2Go Theft Ring, With Up to 100 Vehicles Believed Stolen

Thieves have stolen an astonishing number of Car2Go vehicles in the city of Chicago, Motherboard reported on Wednesday, with up to 100 cars reported missing. According to the Verge, the Chicago Police Department said in a statement that 16 people have been detained for questioning. Car2Go, a Smart car and Mercedes-Benz rental service and app…

Privacy & Security Tom McKay Apr 17

Surprising No One, Uber Continues to Hemorrhage Cash

LAX Airport Found a Way to Make Ride-Sharing Even Worse

Uber’s Making It Easier to Bring Your Pet for the Ride—and Don’t You Dare Ruin This for Me

Uber Plans to Launch Even More Safety Features It’s Needed For a While Now

Pop! Goes the Uber

Reports: Uber Freezes Tech Staff Hiring in U.S. as Cash Hemorrhage Continues

Uber Sets $5.2 Billion on Fire In Biggest Loss Ever

Uber Warns It’s Under Investigation by the IRS Over Past Tax Returns

Car2stay: Frustrated Man Builds Fence Around Car2go Parked in His Driveway, Demands Fee

Uber Will Start Booting Shitty Passengers From Its App

Are Uber and Lyft Drivers Gaming Surge Pricing to Protest Getting Screwed Over on Pay?

Report: Accused Somali War Criminal Living in the U.S. Drove for Uber and Lyft

Here’s What You Need to Do to Take an Uber or Lyft at PDX Now

Congratulations to Uber, the Worst Performing IPO in U.S. Stock Market History

Why Uber Drivers Will Strike Around the World on Wednesday

Travis Who?

Lyft Fails to Overturn NYC Driver Minimum Wage Law

Uber and Lyft Cut Off Hiring of New Drivers in NYC as New Regulations Appear to Work

Stuff Elon Musk Said About Tesla Autonomous Cars on Monday, Ranked

Chicago Police Bust Alleged Car2Go Theft Ring, With Up to 100 Vehicles Believed Stolen

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