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Why Amazon and Uber are facing new scrutiny over contract workers – GeekWire

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Uber has surveyed some drivers on small loans, suggesting financial products are coming – TechCrunch

Back in June Uber went on a hiring spree in New York, hiring at least 100 fintech-oriented tech workers to ostensibly look at creating products to increase loyalty and engagement among users and drivers, including things like banking. Cue a flurry of speculation. It now looks like Uber is taking baby-steps towards building such a …

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Uber and Lyft pledge $60m to ensure drivers don’t become employees

California politician Lorena Gonzalez criticised the companies for pledging tens of millions of dollars when they previously claimed they could not pay drivers minimum wage. On Thursday (29 August), Uber and Lyft took a significant step to ensure that drivers using the platforms would remain as contractors, rather than become recognised as employees. The companies …

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After Cisco, John Chambers Is Still Dreaming Big About Tech

Text size Former CEO of Cisco Systems, John Chambers Thibault Camus/Getty Images For 20 years, John Chambers was the face, voice, brains, and–yes–conscience of Cisco Systems (CSCO), a pillar of the internet economy now valued at $216 billion. Today, from his sprawling Palo Alto, Calif., home overlooking the San Francisco Bay, he operates a “purpose-driven …

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Uber CEO Reveals Formula To Profitability

“Scale is the primary driver toward profitability,” says Uber CEO Dara Khosrowshahi. “It’s getting big. We’ve got over a billion rides per quarter and we’ve got trips growing at 35 percent on a year on year basis. It’s a combination of growing top-line over 35 percent, technology innovation to delight the customer and take costs …

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Uber tries to reassure customers that it takes safety seriously, following NYTimes book excerpt – TechCrunch

It’s hard at times not to feel sorry for Uber CEO Dara Khosrowshahi, given all that he inherited when he became the ride-share giant’s top boss back in April 2017. Among his many to-do items: take public a money-losing company whose private-market valuation had already soared past what many thought it was worth, clean-up the …

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