Uber

Back in 2021, Uber purchased Drizly for $1.1 billion shortly after it reported that its food delivery segment kept its losses manageable during the pandemic. Three years later, the company is shutting down the US-based alcohol delivery service, Axios has reported. Pierre-Dimitri Gore-Coty, Uber's SVP of delivery, told the publication that the company has decided to close the business and to focus on its "core Uber Eats strategy."In SEC's announcement of the acquisition, Drizly was described as a service that "works with…

Kia’s new modular electric vehicle concept – that goes from micro-car to minivan to small truck to full-sized van – introduced at CES has its first customer: Uber. Kia and Uber have signed a memorandum of understanding to use Kia’s new vehicles for ride-hailing. Kia just launched the new Platform Beyond Vehicles (PBV) at CES in Las Vegas, all built on a flexible vehicle architecture with bodies that you can swap out, Duplo-like, depending on your need. The driver cab stays fixed, but you can switch…

Credit: CC0 Public Domain US ride-hailing platform Uber and South Korean automaker Kia announced Wednesday the signing of an agreement on producing electric vehicles, during the Consumer Electronics Show in Las Vegas.…

The Department of Labor on Tuesday enacted a new rule aimed at preventing the misclassification of workers as independent contractors. The effort, first proposed in October 2022, provides a guide to whether a worker is an employee or an independent operator under the Fair Labor Standards Act, a difference that could afford someone key legal protections and compensation. Proponents of the rule have said that this guide will allow workers more protections from companies that are working to avoid paying minimum wage and…

The Biden administration enacted a new labor rule Tuesday that aims to prevent the misclassification of workers as “independent contractors,” a step that could bolster both legal protections and compensation for millions of gig workers in the U.S. workforce.The Labor Department rule, which the administration proposed 15 months ago, replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors. Such workers neither receive federal minimum wage protections nor qualify for employee…

If you’re driving on the freeway around Phoenix anytime soon, keep your eyes peeled for a car driving itself. Waymo will start testing its autonomous vehicles on Arizona highways this month, the company announced Monday. The driverless robotaxi service, from the same parent company as Google, is branching out from local routes and will start traveling at much higher speeds, breaking new ground for self-driving cars.Cops Pull Over Self-Driving CarWaymo conducted its first driverless ride in 2015 when a blind man in Austin…

Uber is reportedly working on a novel feature called 'Uber Flex,' as per a TechCrunch article. This feature enables…

Ride-hailing major Uber is now testing its flexible pricing service in several tier 2 and 3 cities in India to expand its user base, allowing commuters to bid a particular fare for their ride. Caller Uber Flex, the flexible pricing service was tested for the first time in India in October last year.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM KozhikodeIIMK Senior Management ProgrammeVisitIIM…

Uber has quietly been testing a flexible pricing service in more than a dozen cities in India, a move that could help it expand its consumer base in the South Asian nation and put pressure on rival ride-hailing platforms, including Ola and inDrive. The flexible pricing service, called Uber Flex, was started in India in October last year and has since expanded to more than 12 cities, including Aurangabad, Ajmer, Bareilly, Chandigarh, Coimbatore, Dehradun, Gwalior, Indore, Jodhpur and Surat, among others, TechCrunch…

More than 700,000 drivers are expected to share in $560 million in cost-of-living relief under a toll-relief scheme.But cars registered with businesses, ride-shares, taxis and heavy vehicles will be ineligible for NSW’s $60 toll cap, which starts on January 1.WATCH THE VIDEO ABOVE: Thousands of Sydney drivers to benefit from cap on motorway tollsWatch the latest news and stream for free on 7plus >>Eligibility for the scheme was unveiled on Friday, as the government tried to ensure commuters were the primary…