By Alison Stein, Economist at Uber We’ve written before about the impact of switching from a system where independent contractors can use platforms like Uber to one where they have to be traditional employees. In California, our analysis has shown that such a switch would result in a 76% reduction in work opportunities for drivers, due… Continue reading Uber: Independent couriers’ reaction to employee reclassification: learnings from Geneva
Author: Uber Official News
Uber: Uber Announces Proposed $500 Million Senior Notes Offering
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it proposes to offer $500 million principal amount of Senior Notes due 2028 (the “notes”), subject to market conditions and other factors. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act… Continue reading Uber: Uber Announces Proposed $500 Million Senior Notes Offering
Uber: Uber ATG Releases 2020 Safety Report
By: Uber ATG Safety Team One of Uber ATG’s self-driving vehicles conducts scenario testing at Pittsburgh test track facility. As Uber ATG’s self-driving technology continues to mature, so too does our approach to self-driving safety. We’re taking another step forward in our commitment to an open public safety dialogue with the release of our 2020 Safety… Continue reading Uber: Uber ATG Releases 2020 Safety Report
Uber: Can Employees Really Work However They Want?
by Alison Stein, Economist at Uber On August 10, Uber CEO Dara Khosrowshahi wrote an op-ed in the New York Times, proposing that the U.S. employment system be updated to require gig platform companies like Uber to pay for new benefits and grant new protections to drivers. One of his key arguments was that today’s system forces… Continue reading Uber: Can Employees Really Work However They Want?
Uber: Uber ATG issues enhancements to Safety Case Framework
By: Nat Beuse, Head of Safety at Uber Advanced Technologies Group In July 2019, the team at Uber ATG released our first, open-sourced Safety Case Framework, which clearly organizes the goals, claims, and evidence necessary to substantiate that our self-driving vehicles (SDVs) are acceptably safe to operate on public roads. The framework charted an outline… Continue reading Uber: Uber ATG issues enhancements to Safety Case Framework
Uber: Addressing inadvertent bias
In a recent analysis of public ridesharing and Census data in Chicago, Akshat Pandey and Aylin Caliskan at The George Washington University explore correlations between ridesharing fares and neighborhood characteristics. In addition to finding that average per-mile fares are higher for trips to and from areas with higher home prices, higher education levels, and younger… Continue reading Uber: Addressing inadvertent bias
Uber: Uber Unveils Grocery Delivery
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that users in select Latin American and Canadian cities can now order groceries through the Uber and Uber Eats apps, in partnership with Cornershop, the popular grocery delivery startup based in Santiago, Chile. This follows the companies’ 2019 agreement for Uber to acquire a majority stake… Continue reading Uber: Uber Unveils Grocery Delivery
Uber: Uber to Acquire Postmates
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) and Postmates Inc. today announced that they have reached a definitive agreement under which Uber will acquire Postmates for approximately $2.65 billion in an all-stock transaction. This transaction brings together Uber’s global Rides and Eats platform with Postmates’ distinctive delivery business in the U.S. Postmates is highly complementary… Continue reading Uber: Uber to Acquire Postmates
Uber: Analysis on Impacts of Driver Reclassification
By Alison Stein, Economist at Uber On May 22nd, California’s state unemployment rate rose to a record 15.5%. Over 2.9 million Californians are out of work, more than during the height of the 2008–2009 recession. However, despite the current economic crisis, the State government is currently pursuing actions that we estimate threaten 158,000 additional work opportunities… Continue reading Uber: Analysis on Impacts of Driver Reclassification
Uber: Head of Uber Eats to Participate at Bernstein Strategic Decisions Conference
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) announced today that Pierre-Dimitri Gore-Coty, vice president and head of Uber Eats, will participate in a fireside chat at Bernstein Strategic Decisions Conference on Thursday, May 28, 2020. Mr. Gore-Coty is scheduled to appear at 9:00 am ET (6:00 am PT). A live webcast of the event will… Continue reading Uber: Head of Uber Eats to Participate at Bernstein Strategic Decisions Conference