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Uber/Lyft

Behind the Dueling Uber Driver Pay Studies

By Amir Efrati
· · Source: CNET

Do Uber and Lyft drivers in Seattle make $9.73 an hour or $23.25? That depends on whether you read a Berkeley University report commissioned by the city or a Cornell University report commissioned by the companies. CNET takes a good look at the situation, which is part of an ever-growing corporate versus labor battle over the “gig” economy. The Berkeley study, drawing from surveys of more than...

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The New Uber, Google Founders’ Letter: The Information’s Tech Briefing
By The Information Staff · Aug. 6, 2020 6:45 PM PDT

In a sign of the times, Uber said Thursday its restaurant-food delivery revenue surpassed ride-hailing for the first time. Uber Eats revenue rose 103%, to $1.2 billion in the June quarter, and its profit margin—at negative 19%—was the unit’s best in many quarters. Ride-hailing generated just $790 million, down 67% due to pandemic shutdowns.

Uber’s management, starting ...

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