Ridesharing

Ridesharing
Uber CEO Travis Kalanick Leave Of Absence Up For Boardroom Discussion
June 12, 2017

Ridesharing company Uber has seen its fair share of scandal over the past year. With reported sexual harassment, discrimination, unprofessional behavior and bullying among its employees, it should come as no surprise that there are talks of the company’s board mulling over Uber CEO Travis...

Ridesharing
Cab Industry May Soon Be Extinct
June 07, 2017

The yellow cab industry may become extinct soon, according to Chicago cabbies. With Uber and Lyft soaring to new heights in the sharing economy, cab survival is hard to maintain. Data shared by the Chicago cab and taxi drivers union this week revealed 42 percent of...

Ridesharing
Uber Fires 20 After Sexual Harassment Investigation
June 06, 2017

Is Uber safe? Uber employees, not just riders, may be asking this today as the ridesharing startup just fired more than 20 people for sexual harassment and related hostile work environment claims, the company told employees Tuesday afternoon (June 6). Law firm Perkins Coie LLP reviewed...

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Frances Frei Takes The Wheel As Uber SVP Of Leadership And Strategy
June 06, 2017

Ridesharing startup Uber is shifting gears and appointing its first-ever senior vice president of leadership and strategy: Massachusetts management academic Frances Frei, a Harvard Business School (HBS) faculty member and author of Uncommon Service: How to Win by Putting Customers at the Core of Your...

Ridesharing
Uber Bleeds $708M In Red Ink
June 01, 2017

It was a rough afternoon for Uber yesterday as the firm weathered the joint storms of Q1 results that indicate massive losses of profit and a head of finance that has decided to move on. According to emerging reports, the ride-hailing company’s first-quarter revenue was...

Ridesharing
Lyft Goes Black Car
May 26, 2017

Lyft is introducing luxury black cars in five major cities this week in an attempt to compete for Uber’s high-end clientele. According to Bloomberg Technology, the new offerings, called Lyft Lux and Lyft Lux SUV, will launch in Chicago, Los Angeles, New York, San Francisco and San...

Ridesharing
Vulog’s Plan To Compete With Uber
May 25, 2017

Drivers for ride-hailing services no longer need to own their own car. Instead, Uber and Lyft drivers can now take advantage of shared cars via Vulog, the free-floating, one-way car-sharing technology generator. Vulog empowers car-share business hopefuls to get their business off the ground. Vulog...

Ridesharing
Uber Accounting Error Caused Underpayment To NYC Drivers
May 24, 2017

Uber accidentally underpaid drivers in New York City through more than the last two and a half years.  As noted by several sources, among them TechCrunch, the ride-hailing giant said last week that it had put in place a new way tied to how drivers...

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Uber And Lyft Returning To Texas?
May 22, 2017

Uber and Lyft, the two ride-hailing firms that left several Texas markets over controversy tied to fingerprint background checks, may be coming back. Reuters reports that the state’s governor, Greg Abbott, will sign a bill over the next few days that comes in the wake...