Briefing
uber/lyft

Uber Allows Some California Drivers to Set Fares

By
Amir Efrati
· · Source: The Information

The pressure Uber is feeling after recent “gig worker” legislation in California means the company may fundamentally change its business in the U.S. and beyond to benefit drivers, potentially at the company’s own expense. The latest change is a test allowing some drivers in the state to set fares higher or lower than Uber, theoretically giving them a chance to earn more than Uber would have...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive startups Finance
Inside the Culture Clash at JPMorgan and WePay
By Michael Roddan · June 9, 2023 6:00 AM PDT
Photo via Shutterstock.
When JPMorgan Chase struck a $400 million deal to buy WePay in late 2017, it pledged that the Bay Area fintech would become “Chase’s payments innovation incubator in Silicon Valley,” helping the country’s biggest bank compete with surging startups Stripe and Square and payments companies like PayPal. But it didn’t all go to plan. As the bank tried to digest the...
Latest Briefs
 
Robinhood Delists Cardano, Solana and Polygon Following SEC Suits
By Aidan Ryan · June 9, 2023
Binance.US to Lose Banking Access, Halts Dollar Deposits
By Aidan Ryan · June 9, 2023
Developers of Fast-Rising ‘Falcon’ AI Become a Hot Commodity
By Amir Efrati · June 8, 2023
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
CareRev co-founder Will Patterson stepped down as CEO last week. Art by Clark Miller
Exclusive startups venture capital
A Long, Strange Trip for the ‘Uber for Nurses’
By Paris Martineau
Will Patterson was on a hot streak. As the co-founder and CEO of CareRev—a gig-work platform sometimes described as an “Uber for nurses”—he saw his company’s business surge during the pandemic as hospitals and clinics scrambled to find healthcare workers.
A Thursday Night Football game between the Jacksonville Jaguars and the New York Jets. Photo by Getty.
Exclusive amazon entertainment
How Amazon Misread the NFL Ad Market
By Sahil Patel and Theo Wayt
Last summer, advertising representatives for a national pizza chain in the U.S. met with Amazon ad executives to negotiate a potential sponsorship deal for Amazon Prime Video’s broadcast of “Thursday Night Football.” Amazon executives asked the pizza chain for commitments of up to $12 million for the full season, double what the chain wanted to spend, said a person with direct knowledge of the matter.
Adam D'Angelo photograph by Ko Sasaki. Art by Clark Miller
The 1:1 ai
Adam D’Angelo’s Endless Quest to Answer Everything
By Arielle Pardes
Adam D’Angelo is basking in an “ endless summer ” of artificial intelligence. A few weeks before he and 350 industry peers released a bizarre, one-line statement warning that AI could herald a nuclear-level extinction event, the 38-year-old co-founder of Quora told me he actually sees more upside in AI than downside.
The Port of Los Angeles, where Next Trucking has a significant presence. Photo by David McNew/Getty Images.
Exclusive startups Finance
Logistics Startup Next Trucking Tries to Sell Itself
By Maria Heeter
Sequoia Capital–backed logistics startup Next Trucking, facing a slowdown in the trucking sector, is trying to sell itself, according to people familiar with the matter and a pitch deck reviewed by The Information.
Jonah Peretti. Photo by Getty.
Exclusive media/telecom
BuzzFeed Considers Sale of Complex Networks
By Sahil Patel
BuzzFeed is exploring a potential sale of Complex Networks, a digital media firm it acquired when going public in late 2021 for nearly $300 million, according to people familiar with the matter.
Emad Mostaque, Vitalik Buterin and Grimes in the waters of Montenegro. Photo-illustration by Clark Miller.
Scene and Heard culture
The Hullabaloo of Zuzalu: Inside the Secret Pop-up City of Vitalik Buterin’s Dreams
By Margaux MacColl
Until it reached its planned obsolescence last week, the mythical city of Zuzalu was an intellectual wonderland.