by Angel Adegbesan | Dec 29, 2021
By Angel Adegbesan With five years experience as a gig driver, Kenneth Coghill has spent the last year and a half experimenting with supplementing his work driving customers where they want to go with delivering convenience items to homes and businesses. But the...
by Angel Adegbesan | Nov 17, 2021
By Angel Adegbesan Uber Technologies Inc. launched a new carpooling feature for its rideshare platform as a way to recover from increases in costs of rides. UberX Share allows the option of cheaper rides by sharing a ride with one other person, in addition to the...
by Angel Adegbesan | Nov 14, 2021
By Angel Adegbesan Uber’s decision to rent electric vehicles from Hertz rental company is all hype and investors were right not to buy into it. Uber announced last month that it will be renting about 50,000 electric Tesla vehicles to drivers. Uber’s stock...
by Angel Adegbesan | Oct 10, 2021
By Angel Adegbesan Uber Technologies Inc. said it could be achieving a measure of profitability by the end of its third quarter, a first for the company since its founding in 2009. For the quarter ended Sept. 30, the company said it expects to report between a $25...
by Angel Adegbesan | Sep 22, 2021
By Angel Adegbesan The CEO of Uber Technologies Inc. said on Wednesday that changes in how the company currently operates, which provides gig workers with limited benefits as independent contractors and not employees, will mean the demise of flexibility for the...
