Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley DreamsRead more

Briefing
uber/lyft

Uber’s California Drivers Flex Their New Powers

By
Amir Efrati
· · Source: Wired

Uber’s big changes to rules for ride-hailing drivers in California—prompted by a new “gig economy” labor law—are causing experimentation as drivers try to boost earnings while Uber product managers figure out how to keep the system balanced. Wired talked to a couple of Uber drivers in the wake of the changes, which lets them decline rides after seeing the proposed rider fares and destinations....

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The San Francisco Bay Area–based bankers at Centerview Partners, the investment bank that advised Silicon Valley Bank’s owner and Credit Suisse through recent turmoil, got two doses of bad news last week.