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Uber Reports Record Ridership and Second Straight Quarterly ProfitRevenue was up 11 percent from a year earlier, helping to generate $221 million in net income. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning
Uber Reports Record Ridership and Second Straight Quarterly Profit Read More »
California’s New Senator Was a Labor Leader. Why Are Unions Upset With Her?Laphonza Butler was part of Uber’s push to avoid having to classify its drivers as employees. Her new appointment has drawn ire from labor advocates. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning and Michael Corkery
California’s New Senator Was a Labor Leader. Why Are Unions Upset With Her? Read More »
Instacart Reveals $428 Million in Profit but Slowing Growth Ahead of I.P.O.Nearly 30 percent of Instacart’s revenue came from advertising, and grocery orders were flat in the first half of this year, the company said. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning and Erin Griffith
Instacart Reveals $428 Million in Profit but Slowing Growth Ahead of I.P.O. Read More »
Uber Posts 14% Rise in Revenue as Growth SlowsThe company’s growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Yiwen Lu
Uber Posts 14% Rise in Revenue as Growth Slows Read More »
Elon Musk’s Quixotic Quest to Turn X Into an ‘Everything App’Mr. Musk, the owner of Twitter, is the latest Silicon Valley mogul to pursue an all-in-one app, the kind that has thrived in Asia but not elsewhere. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Ryan Mac
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DoorDash, Shifting Business Model, Will Offer Drivers Hourly PayThe company said the option would give couriers greater choice. It could also help DoorDash find people who will make less desirable deliveries. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning
DoorDash, Shifting Business Model, Will Offer Drivers Hourly Pay Read More »
Minnesota Governor Vetoes Gig Worker Pay BillGov. Tim Walz said the legislation would have raised costs for ordering an Uber or Lyft too high, potentially pricing out Minnesota customers.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Minnesota Governor Vetoes Gig Worker Pay Bill Read More »
Uber Suspends DEI Chief After Employees Complain of InsensitivityThe executive hosted sessions about race and being a white woman that were titled “Don’t Call Me Karen,” prompting an employee uproar.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Uber Suspends DEI Chief After Employees Complain of Insensitivity Read More »
Uber’s Revenue Up 29% as U.S. Ride-Hailing Business ImprovesThe company said its financial results in the most recent quarter were about in line with the expectations of investors.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Uber’s Revenue Up 29% as U.S. Ride-Hailing Business Improves Read More »
Lyft Will Lay Off About 1,200 People as It Looks to Cut CostsThe cuts come as the company tries to lower prices and remain competitive with Uber, its larger rival.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Lyft Will Lay Off About 1,200 People as It Looks to Cut Costs Read More »