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New York CNN —Lyft and Uber might hit reverse on plans to leave Minneapolis on May 1 over a new minimum wage for rideshare drivers set to go into effect on that day, if a city council measure passes Thursday. The issue stems from a March decision by the city council to override the mayor’s veto of a minimum wage for rideshare drivers, set at the local minimum wage of $15.57 an hour. The ordinance mandates rideshare drivers make at least $1.40 per mile and $0.51 per minute within Minneapolis. Now some council members want to amend the ordinance and lower the per-mile rate to $1.21, but maintain the proposed per-minute rate of $0.51. With this amendment, we can accomplish those goals.”The statement was released by Council President Elliott Payne and Council Members Katie Cashman and Aurin Chowdhury.
Persons: New York CNN — Lyft, Uber, Lyft, ” Uber, Jacob Frey, Frey, KARE, Elliott Payne, Katie Cashman, Aurin Chowdhury, Lyft didn’t Organizations: New, New York CNN, Minneapolis City, Twin, CNN, Minneapolis Star, Tribune Locations: New York, Minneapolis, Twin Cities, Minnesota
Thousands of ride-hailing and delivery workers in the U.S. and the U.K. went on strike on Valentine's Day, calling for higher pay and other changes to their working conditions. In the U.S., Uber and Lyft drivers planned daylong strikes in Chicago; Philadelphia; Pittsburgh; Miami; Orlando and Tampa, Florida; Hartford, Connecticut; Newark, New Jersey; Austin, Texas; and Providence, Rhode Island. Drivers were also holding midday demonstrations at airports in those cities, according to Justice for App Workers, the group organizing the effort. Meanwhile, U.K. delivery drivers for Uber Eats, Deliveroo, Just Eat and Stuart said they would turn off their apps and refuse deliveries between 5 p.m. and 10 p.m. Justice for App Workers, which says it represents 130,000 ride-hailing and delivery workers, is seeking higher wages, access to health care and an appeals process so companies can’t deactivate drivers without warning.
Persons: Uber, Stuart, , Evadur Rahman, Rahman, , ” Rahman, “ It’s, ” Uber, Deliveroo, Rachel Gumpert, Lyft, ” Lyft, Jill Lawless, Brian Melley Organizations: App Workers, Associated Press, deactivations, U.S, ___ Associated Press Locations: U.S, Chicago, Philadelphia, Pittsburgh, Miami, Orlando, Tampa , Florida, Hartford , Connecticut, Newark , New Jersey, Austin , Texas, Providence , Rhode Island, London, ___
New York CNN —Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday that would set a minimum wage for rideshare drivers. In a 7-5 vote, the Minneapolis City Council passed an ordinance that includes a number of rideshare worker protections, including a minimum wage for Uber and Lyft drivers. Minneapolis is debating the minimum wage as gig workers across the country are advocating for fair wages and job benefits. Uber sent an email to its drivers on Monday, urging them to contact the Mayor and City Council to ask them to oppose the move. Uber said its drivers sent over 700 emails on Thursday, but did not specify what was in those emails.
Persons: New York CNN — Lyft, Uber, Jacob Frey, Lyft, , , Frey, ” Uber, Ally Peters, Mayor Frey Organizations: New, New York CNN, Minneapolis City Council, Uber, CNN, Mayor, City Council, New York City Locations: New York, Minneapolis, City, California
Uber’s post-pandemic growth is slowing
  + stars: | 2023-08-01 | by ( Catherine Thorbecke | ) edition.cnn.com   time to read: +1 min
New York CNN —Uber has reported that its revenue ticked up 14% last quarter, marking a slower pace of growth than recent quarters when sales surged as riders returned to pre-pandemic habits. The company on Tuesday reported revenue of $9.2 billion for the quarter ending in June, a 14% increase from the same period last year, just missing Wall Street’s estimates. The company, reported its first-ever unadjusted operating profit, of $326 million. Trips during the quarter grew 22% to 2.3 billion, or approximately 25 million trips per day on average. “Robust demand, new growth initiatives, and continued cost discipline resulted in an excellent quarter,” Uber CEO Dara Khosrowshahi said in a statement accompanying the results.
Persons: New York CNN — Uber, Uber, ” Uber, Dara Khosrowshahi, ” Khosrowshahi Organizations: New, New York CNN Locations: New York
Uber and Lyft Claim Big Gains for Their Ad Businesses
  + stars: | 2023-02-15 | by ( Patrick Coffee | ) www.wsj.com   time to read: +4 min
Ride-hailing companies Uber Technologies Inc. and Lyft Inc. each say their nascent advertising businesses have grown significantly in recent months. PREVIEWThe ride-hailing rivals’ ad businesses are also important for the companies’ growth. Uber said increased ad revenue in the latest quarter was a key growth driver for its overall business. Lyft ad revenue increased “nearly seven times” in the fourth quarter compared with the previous quarter, according to Mr. Greenberger. But the companies’ ad prices offer a glimpse at their respective positions in the market.
A former Denver Lyft driver has been charged with sexually assaulting multiple women over the course of almost four years, the district attorney said Wednesday. John Pastor-Mendoza, 41, of Denver, allegedly assaulted or attempted to assault 10 women who had requested rides, Denver District Attorney Beth McCann said in a statement. “The behavior described is absolutely appalling, and the driver has been permanently removed from the Lyft community,” a Lyft spokesperson said Wednesday. In one case, a woman from Boulder requested a ride and the app showed a woman driver would be arriving. People there recognized the description as a regular patron who was a Lyft driver and said they would report sightings to police, the affidavit says.
And a sheriff’s office in Tampa sent a crystalized substance to a Florida state lab for testing after an Uber Connect driver turned it over in April. Uber said that using its services for illegal activity is expressly prohibited, and that it takes reports of drug deliveries via Uber Connect very seriously. Some Uber Connect drivers have gone to the police with suspicions about packages they are assigned to deliver. “You’re almost certainly getting arrested in that situation.”Richman said it’s difficult to generalize about how much trouble an Uber Connect driver could get in. Uber said it was always looking for ways to improve Uber Connect, and drivers said they have several suggestions for changes.
CNN Business —Rockstar Games confirmed on Monday that hackers had leaked some unreleased footage from its next iteration of the wildly popular “Grand Theft Auto” franchise. The video gaming community was rocked by the emergence online of some screenshots and game-play videos purportedly from the highly-anticipated next installment of “Grand Theft Auto,” an action-adventure game. On Monday morning, the video game publisher confirmed the footage was real and had been leaked as the result of a “network intrusion.”“We recently suffered a network intrusion in which an unauthorized third party illegally accessed and downloaded confidential information from our systems, including early development footage for the next Grand Theft Auto,” Rockstar Games announced in a statement posted to Twitter. In a blog post Monday, Uber (UBER) reported that its hacker was believed to be affiliated with the group Lapsus$, which has targeted a number of large businesses over the past year. “There are also reports over the weekend that this same actor breached video game maker Rockstar Games,” Uber’s statement on Monday added.
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