After acquiring Lyft Inc, GM has also purchased ride hailing pioneer, Sidecar. The acquired entity has been tattering in consecutive years for ever growing competitions with rivals like Uber and Lyft. With the acquiring, GM now will be able to play a more active role in relative fields with the new two subsidiaries.
Tags: Uber
Experts Talk About Travel Startup and Venture Capital in Skift Podcast
The travel industry intelligence platform in a podcast reveal the condition of startup and venture capital funding in travel industry. Two industry experts are present in the podcast.
Ride-Hailing Startup Juno Is Getting Ready to Compete With Uber, Aiming A Better Relationship With Drivers
A startup is getting ready to launch a ride-sharing app that could compete against Uber. The startup claimed that they would aim to form a better relationship with drivers and pay the drivers better with lower commission. As for now, the company is still gathering data, with the help of Uber drivers paid $25 per week to carry Juno devices while doing their job.
Uber agrees to pay $28.5 million in class action settlement
Uber Technologies said that it has decided to pay $28.5 million to about 25 million riders. The settlement in these cases will allow the company to work peacefully and focus on its prospective growth.
What will be the 'Uber of Healthcare'?
The healthcare industry has yet to see a service that could completely change the industry similar to how Uber and Airbnb change their respective industries. Industry professionals give their opinion on what could become the big game-changer for the healthcare industry.
Latest News
A $2 million study relieves Uber of the blame of adding to New York traffic congestion. The study basically refutes the allegations made by Mayor de Blasio, and throws up several more findings which hints at commercial car industry needing sweeping reforms.
Airbus partnered with Uber to provide on-demand helicopter rides to people using its H125 and H130 choppers.
The California Public Utilities Commission has fined Uber $7.6 million for failing to follow requirements that would protect passengers from discrimination. The company will pay the fine, but appeal the decision.
Uber has changed its driver recruitment policy and advised the previously rejected applicant seeking for drivers’ job to take the benefit of proposition 47. This law allows nonviolent criminal offenders to downgrade their offence level to misdemeanor through submitting applications. Uber’s effort is believed to benefit the released inmates who aim to rebuild their lives.
Uber has agreed to pay $20,000 in fine and adopt a better data security provisions in a settlement signed with the New York Attorney General, Eric Schneiderman. Besides that, the company also agrees to limit the number of employees allowed to use the system.
If you haven't heard of it, Alibaba is a Chinese e-commerce company that started as a e-marketplace and now has grown to offer other services like electronic payment and cloud computing. They've become one of the biggest companies in China and now, they have even more money to expand with possibly $38 billion available for deals next year.
A Philippine judge clarified Saturday that the ruling of his court doesn't stop operations of ride-sharing companies, but only suspend the application of permits by prospective drivers.
Google can power related technologies and information from its projects and investments compared to traditional vehicle manufacturers. Autonomous driving keeps to be one of the most widespread research and recent development activities within the global automotive industry.
When the demand is high, Uber uses surge pricing, which charges extra for a ride to a user's destination. But it's experts say that the higher price can be easily avoided with the new research to prove it.
