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A screen displays the company logo for Uber Technologies Inc at the New York Stock Exchange (NYSE) in New York. (REUTERS)

Uber posts record booking in March as vaccination allows people to venture out

Bloomberg |
PUBLISHED ON APR 12, 2021 09:11 PM IST
The company’s mobility unit, which handles ride-hailing services, passed $30 billion in annualized gross bookings run rate in March.
Uber Intercity operations will be limited to travel with necessary authorisation and within state boundaries and permissible zones only, the company said in a statement.(Reuters file photo)
Uber Intercity operations will be limited to travel with necessary authorisation and within state boundaries and permissible zones only, the company said in a statement.(Reuters file photo)

Uber hires prominent critic to focus on treatment of drivers

Bloomberg |
PUBLISHED ON FEB 17, 2021 07:58 PM IST
  • Alex Rosenblat is best known for her 2018 book, “Uberland: How Algorithms Are Rewriting the Rules of Work,”. The book highlights driver stories of pay disparities, pervasive surveillance and the lopsided power dynamics in algorithm-mediated work.
The potential law, which some are calling an “IPO tax,” reflects uneasiness in a city with constant reminders of the income gap.(AP)
The potential law, which some are calling an “IPO tax,” reflects uneasiness in a city with constant reminders of the income gap.(AP)

Uber faces proposed ‘IPO tax’ in a San Francisco divided by inequity

Bloomberg | By Josh Eidelson
PUBLISHED ON APR 25, 2019 03:27 PM IST
When Uber goes public next month, it’s expected to nab a market value of as much as $100 billion.
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