DIRS.INFO The most relevant business & tech news

☆ The Best Credit Cards with No Annual Fee
▼ + stars: | 2023-05-27 | by ( Kerri Anne Renzulli | ) www.wsj.com time to read: +11 min

To help you pick the right option for your needs, Buy Side from WSJ has identified the five best no annual fee cards. (See all our Best Rewards Credit Card picks.) Best for travelDiscover it® Miles learn more Base rewards rate: 1.5xBonus rewards: NoneSign-up bonus: Unlimited miles match after first 12 monthsAnnual fee: NoneAPR: 17.24% to 28.24%, variableForeign transaction fee: 0%Many of the top travel rewards cards come with an annual fee (see our Best Travel Credit Cards picks for proof). How we pickedTo pick Buy Side from WSJ’s Best No Annual Fee Credit Cards we looked at personal and business cards that were free to swipe and that offered the most generous cash back or points rewards. To find out more about how we chose credit cards—and to meet our panel of experts—you can also check out Buy Side from WSJ’s full best credit cards methodology.

Persons: Kerri Anne Renzulli, you’ll, That’s Organizations: Wells, Cash, Capital, Walmart, Netflix, Hulu, Entertainment, Visa, Mastercard, Chase Ink, Chase, Owners, Best Business, Card, of America, Bank of America Locations: Wells

☆ Uber's AI potential is making it stand out among its peers. Here's what that could mean for its stock.
▼ + stars: | 2023-05-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +11 min

All told, there is a nearly $6 trillion in revenue opportunity from AI across the internet industry, a March report from Morgan Stanley found. "UBER/LYFT/DASH already use ML [machine learning] in their matching algorithms (matching rides/eaters with drivers/couriers)," Morgan Stanley wrote in its report. AI tailwind for Uber Uber has both its ride-sharing service and UberEats food delivery business. According to Morgan Stanley, AI and machine learning will be a tailwind to network efficiency. "The extent to which AI drives substantial improvements in top-line growth could lead to teens upside [for the stock]," Morgan Stanley said.

☆ Here are all the new features coming to Uber, including teen accounts, group rides, and fancy car seats
▼ + stars: | 2023-05-17 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

These updates included accounts for teens, group rides, group grocery orders, and Nuna car seats. These updates included accounts for teens, group rides and grocery orders, and a partnership with car seat brand Nuna. Teen accounts on Uber will be available in some US and Canadian cities beginning on May 22. Group rides will roll out in the upcoming weeks, though Uber did not provide a specific date. Group grocery ordersUberBeginning on May 17, a new group order feature on UberEats will allow you to split your weekly grocery delivery with your family or roommates.

☆ Uber is adding new features to make group rides and activities cheaper and easier to split
▼ + stars: | 2023-05-17 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

Uber is adding features to its app to make group activities cheaper and easier to split. Group rides allow people with separate pick up locations to share one car and split the bill. The first feature, called group rides, allows up to four people with separate pick-up locations to share one car headed to the same place. The second feature is group ordering for grocery, which allows households to share their grocery orders on UberEats. Group orders on Uber Eats are available starting on May 17, while group rides on Uber will roll out in the upcoming weeks, though Uber did not provide a specific date.

San Francisco-based DoorDash now projects annual adjusted EBITDA, a measure of profitability, between $600 million and $900 million, compared to previous outlook of $500 million and $800 million. "Consumer demand and engagement are stronger than ever, which has fueled growth across our topline," said Chief Financial Officer Ravi Inukonda. In the first quarter, total orders rose 27% to 512 million, while analysts on average had expected a 20.8% rise to 488.2 million, as per Refinitiv data. On Tuesday, Uber Technologies (UBER.N) also said that it expected "strong growth" in its food delivery unit over the next few quarters, signaling demand resilience. DoorDash's revenue rose 40% to $2.04 billion in the quarter ended March 31, compared to analysts' estimate of about $1.93 billion.

☆ Uber CEO reveals 4 ways to boost your rider ratings — and tipping isn't one of them
▼ + stars: | 2023-05-02 | by ( Hannah Towey | ) www.businessinsider.com time to read: +2 min

Uber CEO Dara Khosrowshahi revealed the best way for passengers to increase their ratings. Uber CEO Dara Khosrowshahi shared four pieces of advice for passengers looking to boost their ratings in an interview with CNBC Tuesday morning. He said a only a minority of Uber riders tip. Khosrowshahi's insight is based on his experience going undercover as an Uber driver last fall in order to better understand the issues facing gig workers. He told CNBC he's a 5-star driver and the tips are "pretty good."

☆ Food delivery drivers say they aren't being tipped enough by customers to make a living
▼ + stars: | 2023-04-09 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +3 min

Delivery drivers expercienced a boom during the pandemic, but many say that luck has run out. But without being able to see exactly how much they'll be tipped, drivers say it's a gamble. Since the height of online ordering in the thick of the pandemic, delivery drivers have slowly seen their once-lucrative profits fade away. Now, drivers say they still have a hard time turning a profit unless the tip is worth it. According to the New York Times, Uber and DoorDash drivers figure they're paid about $3.50 per order, plus $1 per mile they have to drive.

☆ SBF played 'League of Legends' so much he was gaming during pitch meetings. Now his lawyers say there'll be no more online games for the crypto king.
▼ + stars: | 2023-03-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

He's said to have played it at a pitch meeting, and says he's been gaming while under house arrest. The conditions also say Bankman-Fried will be prohibited from accessing any video games or gaming hardware that "permit chat or voice communication." Bankman-Fried, who was arrested in the Bahamas in December, previously touted his penchant for the online game "League of Legends." "I'm (in)famous for playing League of Legends while on calls," Bankman-Fried tweeted. But Bankman-Fried isn't very good at playing "League of Legends," according to billionaire Elon Musk and Rep. Alexandria Ocasio-Cortez.

☆ Former Domino's CEO bought nearly $4,000 worth of pizza in a year
▼ + stars: | 2023-03-14 | by ( Grace Mayer | Nancy Luna | ) www.businessinsider.com time to read: +3 min

Former Domino's CEO Ritch Allison bought $3,919 worth of pizza in 2021, the Financial Times found. The former CEO was compensated for a nearly $4,000 personal pizza expense, the Financial Times reported, citing Domino's proxy filing from last year. As FT points out, the previous proxy shows Allison's nearly $4,000 in pizza in 2021 was relatively tame. During his tenure as CEO, Allison pushed innovation and a culture of risk-taking at the tech-forward company. Curious what $3, 919 gets you in Domino's pizza pies?

☆ DoorDash beats revenue estimates as consumer demand remains strong
▼ + stars: | 2023-02-16 | by ( Granth Vanaik | ) www.reuters.com time to read: +2 min

DoorDash continues to see consumers order more frequently, a company spokesperson told Reuters, adding that in 2022 it saw more consumers use the platform than ever. Total orders rose 27% to 467 million in the fourth quarter from the prior year. The San Francisco-based firm's revenue jumped 40% to $1.82 billion in the quarter ended Dec. 31. DoorDash expects full-year adjusted EBITDA, a measure of profitability, between $500 million and $800 million, compared with analysts' expectation of $591.8 million. Current finance chief Prabir Adarkar will take over as chief operating officer from Christopher Payne, who is retiring.

☆ Chick-fil-A is opening a break room for New York food delivery drivers to get coffee or use the restroom between orders, addressing some of the biggest complaints about the job
▼ + stars: | 2023-02-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Chick-fil-A is opening a pop-up break room in New York City for delivery drivers. To get access, delivery drivers just need to show proof that they've completed any food delivery, not just a Chick-Fil-A delivery, within the past week for DoorDash, UberEats, Grubhub, Postmates, Caviar, or Seamless. By providing these services, Chick-fil-A is offering a solution to some of the biggest complaints delivery drivers have about their jobs. Some delivery drivers even say they carry plastic bottles to pee in while working. The lack of facilities for New York's estimated 65,000 food delivery drivers has been an ongoing discussion for some time.

☆ Chick-fil-A opens NYC ‘break room’ for delivery workers
▼ + stars: | 2023-02-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

New York CNN —Covid spurred more people to order food out, making delivery workers busier than ever. Courtesy of Chick-fil-A, Inc.“For Chick-fil-A, the food delivery community has become an increasingly important part of each restaurant’s business,” the company said in a statement Wednesday. For Chick-fil-A, caring for delivery workers is also a way to protect the brand’s reputation. Mayor Eric Adams in October announced an initiative that will create hubs for delivery workers, turning empty spaces like vacant newsstands into rest areas. Adams noted at the time that “while most people have a break room to rest while at work, app-based food delivery workers do not.”

☆ Chipotle Mexican Grill to launch new spinoff, Farmesa Fresh Eatery, in a ghost kitchen
▼ + stars: | 2023-02-15 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Chipotle Mexican Grill is launching a new spinoff, called Farmesa Fresh Eatery, in a California ghost kitchen. And, "when the time is right," Lawton said, Chipotle will use its loyalty program database to attract potential Farmesa customers. When opened, the Santa Monica location will be Kitchen United's 24th ghost kitchen. For Chipotle, Kitchen United's model allows the restaurant chain to test out the new brand with reduced risk. For now, Chipotle's chief purpose with the location is simply to learn, but that doesn't mean Farmesa won't grow.

As a newly minted Airman, I was floored when I first found out about all the credit card perks active duty military members receive. Note that credit card lenders may use many different variations of credit score models when considering your application. Review: IHG Rewards Premier credit card reviewBest Discover Cards for Military MembersWhile Discover credit cards don't actually charge any annual fees — it's one of their hallmarks — they've outdone much of the competition by eliminating all over-limit and late fees for active-duty military credit cards. Review: Navy Federal Flagship Rewards credit card reviewBest Credit Cards for Active-duty Military Frequently Asked Questions (FAQ)Are military credit cards guaranteed approval? Military members will have their credit vetted just as anyone who applies for a credit card.

In a survey done by US Foods, delivery drivers and customers agree that $4 is a reasonable tip for those delivering food. Tips are more essential than they've ever been, as rideshare delivery drivers get fewer protections and perks than delivery drivers traditionally employed by restaurants. US Foods' data shows that customers, on average, are willing to pay $8.50 total for extra delivery charges, including tips, delivery fees, and service fees. The gig economy made tipping crucialRideshare delivery drivers aren't employees of the company they're driving for. While delivery drivers employed by a specific restaurant may have access to benefits, health insurance, and even help with costs like gas, rideshare delivery drivers don't have access to these things.

☆ It's about to get easier to get Starbucks for delivery
▼ + stars: | 2023-01-17 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

Starbucks, which also uses Uber Eats, said loyalty members cannot earn rewards through delivery. While some restaurant chains offer a limited menu on third-party delivery apps, Starbucks plans to offer about 95% of its core menu on DoorDash. StarbucksUber Eats, on the other hand, told Insider that the Starbucks menu on its app "is optimized for delivery to maintain quality. Delivery is not available through the Starbucks app, and "delivery orders placed through DoorDash or UberEats apps are not eligible for Starbucks Rewards, including both earning and redeeming of Stars," Starbucks told Insider. Are you a fast food or Starbucks insider with insight to share?

☆ Uber Reaches Settlement with Chicago Over Fees and Restaurant Listings
▼ + stars: | 2022-12-05 | by ( Suryatapa Bhattacharya | ) www.wsj.com time to read: 1 min

Uber removed all remaining Chicago restaurants that had been listed on UberEats and Postmates without their consent. Uber Technologies Inc. agreed to a multimillion-dollar settlement with the city of Chicago over what authorities there called deceptive practices at UberEats and Postmates. Restaurants were listed without their consent and were charged excessive fees, according to a two-year investigation by the city.

☆ I made $40,000 last year doing other people's laundry through a gig app. It's the perfect side hustle for a stay-at-home mom like me.
▼ + stars: | 2022-11-22 | by ( Kaila Yu | ) www.businessinsider.com time to read: +6 min

She saw an ad for Hampr on Facebook in March 2021, and now she does 18 to 25 loads of laundry a day. Before starting on the app Hampr, I worked at Wendy's as a manager. After finishing up the third round of orders, I'll make dinner with the kids and have family time. Saturday and Sunday are my busiest, when I typically do more than 20 loads of laundry a day. It's a great job because I can do most of the laundry at home, although on crazy days, I'll fill additional orders at the laundromat.

☆ DoorDash revenue beats estimates as appetite for food delivery holds up
▼ + stars: | 2022-11-03 | by ( Ananya Mariam Rajesh | ) www.reuters.com time to read: +1 min

Even though dining out has resumed in force, people are still ordering food online from the comfort of their homes like they did during lockdowns. DoorDash recorded 439 million orders in the quarter and a 30% rise in gross order value - the total value of all app orders and subscription fees - to $13.5 billion. It forecast fourth-quarter gross order value of between $13.9 billion and $14.2 billion, and reiterated full-year expectations for the key industry metric. The company's revenue rose 33% to $1.70 billion in the third quarter, surpassing analysts' estimates of $1.63 billion, according to IBES data from Refinitiv. However, the San Francisco-based firm's net loss widened to $295 million, or 77 cents per share, from $101 million, or 30 cents per share, a year earlier.

☆ Uber looks to boost digital ad revenue with new advertising division
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +1 min

Oct 19 (Reuters) - Uber Technologies Inc (UBER.N) has launched a new advertising division as the ride-hailing firm looks to diversify its revenue sources through tie-ups with brands and marketers. With a reach of 122 million monthly active users globally, the company said on Wednesday it will sell ad space inside its ride-hailing and UberEats apps, along with in-vehicle digital ads, sponsored mails and storefront ads. "While consumers are making purchase decisions and waiting for their destination or delivery, we can engage them with messages from brands relevant to their purchase journeys," said Mark Grether, general manager for Uber's advertising division. Uber, which entered the ad business in 2019, has said it aims to reach $1 billion in advertising revenue by 2024. read moreMeanwhile, a U.S. proposal last week that would potentially deter gig workers from being treated as independent contractors is also set to push up costs for companies such as Uber and Lyft. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Savyata Mishra in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

☆ Labor Department Proposes Changes to Independent Contractor Rules
▼ + stars: | 2022-10-11 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

A delivery driver for UberEats and DoorDash in New York last January. The rule change could make it harder for companies to classify workers as independent contractors. The Labor Department said it would revisit rules that designate whether workers are classified as employees or independent contractors, a move that could affect millions of gig and contract workers in healthcare, restaurants, ride-share transportation, and many other industries. The department released a rule proposal on Tuesday that would change how labor laws define independent contractors. The new rule, if approved, would rely on a “multifactor economic reality test” to determine whether a worker is truly in business by themselves and controls aspects of their employment like whether they perform managerial duties, how they are supervised and whether they are able to set prices.

Fiordaliso/Getty ImagesDoorDash and Chase announced plans to launch the DoorDash Rewards Mastercard. Eligible Chase cards already offer DoorDash perks, like free DashPass membership, but the first-ever DoorDash card has the potential for exclusive new benefits. DoorDash Rewards cardholders will get access to World Elite Mastercard perks, including complimentary 24/7 concierge service. The DoorDash Rewards Mastercard could be the key to saving money and earning rewards on your food delivery spending. The DoorDash Rewards Mastercard will be a World Elite Mastercard, and will offer valuable and convenient rewards and perks for customers, plus complimentary 24/7 concierge service and access to Mastercard Priceless Experiences.

☆ Not So Dark just raised $80 million to help restaurants take on dark kitchens
▼ + stars: | 2022-09-26 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

French food tech startup Not So Dark just landed $80 million from Kharis Capital and Verlinvest. It was a food delivery company called Resto-in that was later acquired by Dutch company Lieferando, which in turn was gobbled up by Just Eat Takeaway. Now 37, Benoit is back in the food delivery game and just secured an $80 million Series B for Not So Dark. They have been criticized for killing the high street but grew in popularity during the pandemic as demand for food delivery soared. Not So Dark's technology also scans comments on each delivery platform to find ways to make deliveries better.

But if you're just looking to earn rewards on your spending, the Sapphire Preferred is likely a better bet. While we've compared the beefier Chase Sapphire Reserve to the Platinum Card before, let's switch gears to take a look at the more accessible Sapphire Preferred in the context of the ultra-premium Amex Platinum. Compare the Sapphire Preferred and Platinum Card Chase Sapphire Preferred® CardThe Platinum Card® from American Express Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. The Platinum Card offers a much longer list of benefits and perks than the Chase Sapphire Preferred. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.

☆ Amex Platinum card review: The best card for airport lounge access and premium travel perks, with an 80,000-point welcome bonus offer and tons of valuable new benefits
▼ + stars: | 2022-06-27 | by ( Sarah Silbert | Read More | Read Less | ) www.businessinsider.com time to read: +48 min

Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. How to earn points with the Amex Platinum cardThe Platinum Card doesn't have a terribly complicated earning structure. The Platinum Card comes with a welcome offer of 80,000 Membership Rewards® points after spending $6,000 on purchases in the first six months of card membership. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. Because it's a premium rewards card, the Platinum Card is harder to get approved for than some other popular cards.

Search resuls for: "UberEats"

25 mentions found