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☆ The golden age of working for Instacart, DoorDash, and other delivery apps is over, workers say
▼ + stars: | 2023-12-31 | by ( Alex Bitter | ) www.businessinsider.com time to read: +10 min

"2020 and 2021 were excellent, but things started to go downhill in 2022 and now 2023," Juan told Business Insider. AdvertisementSpokespeople for Amazon, DoorDash, and Grubhub confirmed to Business Insider that they put prospective delivery workers on waitlists in certain markets based on demand for deliveries. AdvertisementHere are some of the problems that delivery gig workers faced in 2023, varying from lower pay to greater competition to sudden deactivations. The companies that employ delivery workers oppose the laws. Do you work for Instacart, Walmart Spark, or another gig delivery service and have a story idea to share?

Persons: —, Juan, he's, He's, hasn't, they're, Grubhub, Greg F, Greg, Instacart, Alexia Hudson, Daniel Danker, Hudson, Uber, GeekWire, Shipt Organizations: Service, Amazon, Business, Instacart, Walmart, Hudson, Bank of America Institute, New, New York Post Locations: Instacart, Southern California, Utah, California, Texas, Charlotte , North Carolina, Seattle, New York City, Juan

☆ PGA Tour commissioner says he's talking to possible investors ahead of Saudi deal deadline
▼ + stars: | 2023-11-29 | by ( Drew Richardson | ) www.cnbc.com time to read: +4 min

PGA Tour Commissioner Jay Monahan speaks during a press conference prior to the TOUR Championship at East Lake Golf Club on August 24, 2022 in Atlanta, Georgia. PGA Tour Commissioner Jay Monahan said Wednesday that the organization is talking to several potential investors as a deadline to clinch a deal with Saudi Arabia's Public Investment Fund rapidly approaches. LIV and the PGA Tour were engaged in an antitrust legal battle dating back to last year. The deal had the PGA Tour retaining control in the face of an existential threat, he added. The PIF and "likely another co-investor with significant experience in business and sports will help the PGA Tour take share from other sports and be even more competitive."

Persons: Jay Monahan, " Monahan, Yasir bin Othman Al, Saudi Crown Prince Mohammed bin Salman, Monahan, LIV Golf, LIV, Phil Mickelson, Tiger Woods, Rory McIlroy, Saud Arabia's Organizations: East Lake Golf Club, PGA, Saudi Arabia's Public Investment Fund, The New York Times, Saudi Crown, PGA Tour, Public Investment Fund, Boston Red Sox, Fenway Sports Group, Endeavor Group Holdings, Endeavor Locations: Atlanta , Georgia, Saudi

☆ I got stabbed while shopping for Instacart. I was shocked by how difficult it was to get support as an injured gig worker.
▼ + stars: | 2023-11-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

AdvertisementThis as-told-to story is based on a conversation with Owen Dwyer, an Instacart shopper in Maryland. Business Insider has verified his identity and employment; corroborated details of the stabbing through police records; and viewed messages from Instacart support and insurance claims Dwyer filed after he was stabbed. Instacart's insurance provider responded to Dwyer's second claim after Business Insider reached out to Instacart for comment on this story. Dwyer told Business Insider he had not received an estimated payment total as of press time. "The safety of the entire Instacart community is incredibly important to us, and we take immediate action when we receive reports of violence against any member of the Instacart community," an Instacart spokesperson told Business Insider.

Persons: Instacart, —, Owen Dwyer, Dwyer, I'd, doesn't, I'm, It's, I've, who've Organizations: Walmart, Service, Instacart, Chrysler, Costco, CVS, Business Locations: Maryland, Baltimore, pec, Instacart

☆ Opinion | Welcome to the New Economics of Tipping
▼ + stars: | 2023-11-15 | by ( Peter Coy | ) www.nytimes.com time to read: +2 min

(If a no-tip order sits too long, DoorDash will raise the base pay until a driver — known as a Dasher — finally picks it up.) I’m glad to see workers earning more in jobs that tend to be low-paid, grueling and in some cases dangerous. “Our three-sided marketplace only works if it’s working for Dashers, consumers and merchants alike,” the company said, correctly. I’m not as happy that some portion of the bigger tips will most likely indirectly increase corporate profits. (The driver rates the passenger before seeing the tip, although I’m guessing a lot of customers don’t realize that.)

Persons: —, I’m, Uber, Robert Frank Organizations: Cornell

☆ 'Overemployed' Workers Secretly Juggle Several Jobs for Big Salaries
▼ + stars: | 2023-11-13 | by ( Aki Ito | ) www.businessinsider.com time to read: +21 min

Holding down multiple jobs has long been a backbreaking way for low-wage workers to get by. They freeze their employment histories with Equifax and hibernate their LinkedIn profiles, so employers can't see they're holding multiple jobs. Those with multiple jobs also seek out positions they hope will be OE-friendly — light on meetings, as well as on the workload. There's another incentive: Unlike most Americans, those who work multiple jobs don't have to worry about layoffs. There's something radical that happens to a worker's psychology when they have multiple jobs.

Persons: Bryan Roque, He'd, Roque, I'm, Isaac, Reddit, commiserate, he'd, it's, they're, —, Tyler Le, George, who's, I've, Allison, Cole, he's, Matthew Berman, hasn't, Meta, Tinder, jugglers, Taylor, they'll, normies, Redditor, she'd, she's, Aki Ito Organizations: Amazon, IBM, Meta, Financial Independence, J1, McKinsey & Company, J2 Locations: Meta, Tinder, New York, California, Meta's, tatters

☆ It's open enrollment season for health coverage. If you're self-employed, you can't afford to ignore it
▼ + stars: | 2023-11-13 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Picking health insurance on your own — without the help of a human resources department — can be daunting. Instead of throwing up your hands in frustration, here are answers to questions self-employed individuals often have about open enrollment. Doing nothing will mean they are automatically reenrolled in last year's marketplace plan. How much health insurance costs the self-employed Cost will vary, depending on the plan you choose, who is covered and what subsidies you're eligible for. If you want more specific help, you can also choose to work with an agent or broker who is trained and certified to sell marketplace health plans in the state they are licensed.

Persons: Anthony Lopez, Alexa Irish, Laura Speyer, enrollees, Lopez, You'll Organizations: Getty, Centers, Medicare, Medicaid Services, U.S . Department of Health, Human Services, deductibles, state's Department of Insurance Locations: trepidation, eHealth

☆ News outlets deny prior knowledge of Hamas attack after Israeli government demands answers over misleading report
▼ + stars: | 2023-11-09 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

“The first pictures AP received from any freelancer show they were taken more than an hour after the attacks began. In a statement, CNN said Eslaiah was not working for the network on the day of the attack. “We had no prior knowledge of the October 7th attacks,” a CNN spokesperson said. A member of Israel’s war cabinet, Benny Gantz, also used the report to question whether journalists had prior knowledge of the attack. The Committee to Protect Journalists denounced the Israeli government’s rhetoric, warning it could put media workers in harm’s way.

Persons: Hassan Eslaiah, ” Lauren Easton, “, ”, ” Easton, Eslaiah, “ Hassan Eslaiah, Israel, Yousef Massoud, Yousef, photojournalists, HonestReporting, Benjamin Netanyahu, Benny Gantz, Kaiser Organizations: CNN, Associated Press, Reuters, The New York Times, Israel, AP, ” Reuters, Hamas, “ Reuters, The Times, Government Press, Journalists, Protect Journalists Locations: Gaza, ”, Israel

☆ DoorDash will start tracking delivery workers' sudden stops and accelerations
▼ + stars: | 2023-11-03 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

A new feature on the DoorDash app tracks how often its workers break or accelerate suddenly. The information will be available to dashers through "Driving Insights," the company said Friday. DoorDash said the feature uses the same location data from workers' phones that it already uses for features like navigation. DoorDash has been testing Driving Insights since July in Phoenix and Salt Lake City. AdvertisementAdvertisementThe features are meant to improve safety for DoorDash workers, Austin Haugen, Vice President of Dasher Product, said in the company's statement announcing the feature changes.

Persons: It's, —, DoorDash, Dashers, Austin Haugen, Haugen, haven't Organizations: Service, Amazon, Apple Locations: Phoenix, Salt Lake City, Atlanta , Houston, Dallas, Detroit, Cleveland, Miami, Charlotte, Palm Beach

☆ DoorDash will start surveilling delivery workers' driving with an app that tracks how hard they are braking and accelerating
▼ + stars: | 2023-11-03 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

A new feature on the DoorDash app tracks how often its workers break or accelerate suddenly. The information will be available to dashers through "Driving Insights," the company said Friday. DoorDash said the feature uses the same location data from workers' phones that it already uses for features like navigation. DoorDash has been testing Driving Insights since July in Phoenix and Salt Lake City. The app assigns each driver a score and penalizes them for hard stops, quick acceleration, speeding, and other driving issues.

☆ DoorDash is testing warnings about bad service if you don’t tip your driver
▼ + stars: | 2023-11-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +2 min

New York CNN —Thinking of skimping on a DoorDash tip? The message is just a test, DoorDash spokesperson Jenn Rosenberg told CNN in an email. DoorDash, along with other third-party delivery providers, has opposed efforts to create a minimum wage for delivery drivers. Federally, the tipped minimum wage is just $2.13 per hour (some states have higher minimums). Employers are required to make up the difference if tips don’t bring workers up to the federal minimum wage.

Persons: Jenn Rosenberg, we’re, ”, ” Rosenberg Organizations: New, New York CNN, DoorDash, CNN, Employers Locations: New York

☆ DoorDash warns customers who don't tip: your order could be slower
▼ + stars: | 2023-11-01 | by ( Grace Dean | Alex Bitter | ) www.businessinsider.com time to read: +4 min

DoorDash is reminding customers their orders may be quicker if they leave a tip for their driver. It's the latest attempt by DoorDash to encourage customers to tip more. In June, DoorDash starting sending tip "nudges" to customers, reminding them that they can increase tips for 30 days after a delivery. "In some cases, customers place orders through merchants directly and are not given the option to provide a tip on an order," DoorDash notes on its website. "This does not mean the customer chose not to leave a tip – it means they were not given the opportunity to leave a tip when they placed their order."

Persons: DoorDash, —, Jenn Rosenberg, " Rosenberg Organizations: Service, Wall Street

☆ Walmart Spark delivery drivers are sick of customers asking them to bring deliveries into their homes
▼ + stars: | 2023-10-31 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Walmart Spark drivers often get requests from customers to drop groceries off in their kitchens. Walmart's InHome delivery service, which is staffed by full-time employees, offers kitchen drop-offs. AdvertisementAdvertisementEarlier this year, a Spark delivery driver in Nevada pulled up to a house with a few bags of groceries for delivery. Customers are likely confusing the delivery for another service Walmart offers, InHome Delivery. Spark drivers, by contrast, are gig workers paid per order or batch of orders, and they aren't allowed to go into shoppers' homes.

Persons: —, she's, InHome, Doug McMillon Organizations: Walmart, Service, Workers Locations: Nevada, Miami, Dallas, San Francisco, Texas

Schedule C is a tax form for self-employed people to report business income. You do so on a tax form called Schedule C.See Insider's picks for the best tax software >>Here's what to know about Schedule C and its filing requirements. What is the Schedule C tax form? Schedule C is a form that self-employed people have to file alongside their tax return, or Form 1040. Schedule C frequently asked questionsDo I have to file a Schedule C?

Persons: It's, —, Kristine Stevenson Seale, Seale, Mark Luscombe Organizations: Service, CPA, Wolters Kluwer, Accounting, NEC, IRS, Insurance Locations: Austin , Texas

☆ A tennis center owner in Santa Monica changed his entire business to capitalize on the pickleball surge in America. It was a 'huge risk' but his revenue numbers have doubled and his court has never be
▼ + stars: | 2023-10-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +16 min

Former collegiate coach Jon Neeter bought a tennis center in Santa Monica, CA for $40,000 in 2010. He converted his single tennis court into four pickleball courts and business is booming. Plus, he liked the idea of his work being concentrated in one place, rather than scattered at various tennis courts all over LA. A standard pickleball court is 20 feet wide by 44 feet long, much smaller than a tennis court. Plus, he was unsure about how he was going to replicate the Santa Monica Tennis Center anywhere else in LA.

Persons: Jon Neeter, —, Neeter, Jon Arend, Arend, who's, he'd, Sam Querrey, didn't, I'd, they'd, He's, there's, he's Organizations: Service, beachy Santa, Santa, Duke University, Palisades Tennis Center, LA, Santa Monica Tennis Center, Santa Monica Pickleball Center, Neeter Locations: Santa Monica , CA, Wilshire, Los Angeles, LA, Santa Monica, New Jersey, California, West LA, Southern California, pickleball

OTTAWA, Oct 13 (Reuters) - Canada's Supreme Court on Friday ruled a federal law assessing how major infrastructure projects like coal mines and oil sands plants impact the environment is largely unconstitutional, in a blow to Prime Minister Justin Trudeau's government. "This is a significant setback for the federal government," said David Wright, a law professor at the University of Calgary. "The court has said the federal government can enact environmental assessment legislation but the way they went about it, for most of this law, goes too far." The IAA was drafted by Trudeau's Liberal government in 2019 in a bid to streamline and restore trust in the environmental approval process for major projects. Last year the federal government warned Suncor the environmental impact from expanding Base Mine would be "unacceptable" under the IAA because expected carbon emissions were too high.

Persons: Justin Trudeau's, Bill C, Richard Wagner, David Wright, Wright, Danielle Smith, Trudeau, Mike Martens, Major, Ismail Shakil, Nia Williams, David Ljunggren, Deborah Kyvrikosaios, Richard Chang Organizations: OTTAWA, Alberta, University of Calgary, IAA, Trudeau's Liberal, Liberals, Industry, Independent Contractors, Association Alberta, Thomson Locations: Canada, Ottawa, Alberta

☆ US Anti-Doping Agency and UFC set to end partnership after Conor McGregor dispute
▼ + stars: | 2023-10-12 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —The US Anti-Doping Agency (USADA) is set to split with the Ultimate Fighting Championship (UFC) following a dispute involving Conor McGregor. Last week, McGregor said on X, formerly Twitter, that he has been re-entered to the testing pool, while UFC president Dana White said that the relevant paperwork had been submitted to USADA. The UFC has been partnered with USADA since 2015, and in that time the anti-doping body has conducted more than 27,000 tests. As he targets a return to the octagon next year, McGregor has been linked with a fight against American Michael Chandler. “The fight is not booked for a date, the fight is not booked for a venue, but the fight is booked between Chandler and Conor.

Persons: Conor McGregor, McGregor, –, Dustin Poirior, USADA, ”, Travis Tygart, Dana White, Tygart, ” McGregor, Donald Cerrone, Poirier, Michael Chandler, “, ” Chandler, ‘, Chandler, Conor, There’s Organizations: CNN, Doping Agency, UFC, ” CNN, USADA Locations: USADA

☆ USADA and UFC to part ways amid McGregor dispute
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

"The relationship between USADA and UFC became untenable given the statements made by UFC leaders and others questioning USADA's principled stance that McGregor not be allowed to fight without being in the testing pool for at least six months," USADA CEO Travis Tygart said in a release. The UFC and McGregor did not immediately respond to a request for comment. The USADA said meetings over a contract renewal broke down on Monday when, after a productive meeting in May, the UFC did an "about-face" and informed the agency it was going in a different direction. "We are disappointed for UFC athletes, who are independent contractors who rely on our independent, gold-standard global program to protect their rights to a clean, safe, and fair octagon," Tygart said. Reporting by Rory Carroll in Los Angeles; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Anthony Joshua, Robert Helenius, Conor McGregor, Andrew Couldridge, McGregor, USADA, Travis Tygart, Tygart, Rory Carroll, Grant McCool Organizations: O2, UFC, U.S, Doping Agency, Thomson Locations: London, Britain, Los Angeles

When her husband, a UPS truck driver, nearly died from heatstroke, Theresa Klenk stepped in to help workers negotiate for air conditioning in all UPS trucks. At the time, she said, no UPS drivers wanted to speak up about the increasingly brutal conditions for fear of being reprimanded. According to UPS, drivers stop on average every three minutes — barely enough time for air-conditioning to make a dent. This year’s record heat caused dozens of deaths, filled some hospitals to pandemic levels and prompted government warnings about avoiding extended exposure to heat. It was a bittersweet victory for Jim and Theresa Klenk.

Persons: Jim Klenk, Klenk, Theresa Klenk, hadn’t, Jim, Theresa, Jim didn’t, ”, Zoe Todd, Jim’s, Joe Raedle, Jordan Barab, “, Michael Dwyer, Memphis , Tennessee —, Theresa said, didn’t, weren’t, ” Theresa, Mike Blake, Sean O’Brien, doesn’t, ” — CNN’s Clare Duffy Organizations: New, New York CNN, UPS, Teamsters, “, CNN, Occupational Safety, Health Administration, OSHA, US Chamber of, Bureau of Labor Statistics, US Postal Service, FedEx, Amazon, Kroger, Teamster Locations: New York, Freehold , New Jersey, heatstroke, Miami, Texas, Memphis , Tennessee, Atlanta, ”, L.A

REUTERS/Arnd Wiegmann//File Photo Acquire Licensing RightsSept 28 (Reuters) - A New York state judge on Thursday rejected a bid by Uber Technologies Inc (UBER.N), DoorDash Inc and Grubhub Inc to block New York City's novel law setting a minimum wage for app-based delivery workers. The law will require companies to pay delivery workers $17.96 an hour, which will rise to nearly $20 in April 2025. App-based delivery workers are usually treated as independent contractors rather than company employees, so general minimum wage laws do not apply to them. They say city officials based the minimum wage law based on flawed studies and statistics. The companies allege the city's surveys of delivery workers were biased and designed to elicit responses that would justify a minimum wage.

Persons: Arnd, Nicholas Moyne, Moyne, Uber, Daniel Wiessner, Chris Reese, Aurora Ellis Organizations: REUTERS, Uber Technologies, DoorDash Inc, Grubhub Inc, New York, Companies, New York City Department of Consumer and Worker, Thomson Locations: Davos, Switzerland, York, Moyne, United States, Albany , New York

☆ Opinion | College Sports Is Broken. Here’s What Must Come Next.
▼ + stars: | 2023-09-21 | by ( Jordan Acker | ) www.nytimes.com time to read: +3 min

Many student athletes rarely have the chance to step foot in a classroom, attending their classes online and taking proctored exams in hotel ballrooms near the next game site. Say the Big Ten required its TV partners to share 30 percent of its revenues with its student athletes,. The N.C.A.A.’s rules on revenue sharing are driven by their members; this change will not come from the N.C.A.A.’s home base of Indianapolis, but from leaders at member institutions speaking frankly about the challenges to come. It must also take into account the input of student athletes, who are too often shut out of decisions that directly affect them. Make no mistake, the courts are judging the Big Ten Conference, and the other major N.C.A.A.’ conferences, on their behavior.

Persons: Iowa’s, Kirk Ferentz, Jim Harbaugh, Brett Kavanaugh, Alston, ’ Organizations: College, University of Michigan, University of Oregon, Delta Airlines, Big Ten Conference, Rutgers, University of Washington, Big, Big Ten Football Locations: Salt Lake City, Seattle, Detroit, London, Michigan, Ann Arbor, Indianapolis, America

☆ Walmart wants associates, not gig workers, to deliver more orders as the retailer struggles to verify the identity of its Spark drivers
▼ + stars: | 2023-09-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

It could signal a shift after Walmart spent years recruiting gig workers for its Spark Driver service. "We'll have associates doing more deliveries," Walmart CEO Doug McMillon said Tuesday at a retail conference hosted by Goldman Sachs. AdvertisementAdvertisementWalmart has attracted hundreds of thousands of gig workers to Spark since it started the service in 2018. The number of Spark drivers tripled alone in the year between mid-2022 and mid-2023, according to the post. Other Spark drivers staged a protest in June about bots, or programs that drivers use to claim orders before other people.

Persons: Doug McMillon, DoorDash, We'll, Goldman Sachs, McMillon Organizations: Walmart, Service Locations: Wall, Silicon

☆ Warren Buffett dumps stock, regulators open probes as claims of abuse and fraud mount against a top Globe Life agency
▼ + stars: | 2023-08-31 | by ( Susan Antilla | ) www.businessinsider.com time to read: +22 min

Five other current or former agents confirmed to Insider that some Arias agents wrote up policies in the names of fictional people or people who were dead. Amy Williamson, an attorney who represents dozens of current and former Arias agents in civil claims, said she received an inquiry from a US attorney's office. With regard to Insider's specific questions about Globe, AIL, and Arias, she said, "It is the Company's policy not to comment." Lusty asked questions about Russin's campaign of aggressive social-media posts since Zinsky filed suit, Williamson said, including posts about his gun purchases. Since Zinsky filed suit against him, Russin has made a string of threatening social media posts featuring firearms.

Persons: Simon Arias, Warren Buffett, Berkshire Hathaway, Arias, Trina Orlando, Michelle Billotte, Billotte, she'd, Orlando, Nancy Andrews, William McKee, McKee, Brett Hambright, Amy Williamson, AIL, Renee Zinsky, Michael Russin, Russin, Jennifer Haworth, Benjamin Webb, Chris Williams, Natalie Price, dialers, DocuSign, Scott Dehning, Steven Greer, Joel Scarborough, Dehning, Haworth, Greer, Zinsky, Abeni Mayfield, Mayfield, Columbia , Maryland Rosem Morton, Abeni Mayfield Orlando, texted, Kailey Andrasko, propositioned, Russin texted, he'd, Kailey, Williamson, Anne Hilbert, Hilbert, Debbie Gamble, Zinsky's, Webb, didn't, interrogatories, Jonathan Lusty, Lusty, I'm Organizations: Arias, . Insurance, Wexford, Berkshire, Globe, Life, American, Arias Organization, Arias Agency, Pennsylvania Department of Insurance, Department of Insurance, Department, Pennsylvania, Globe Life, Texas Rangers, Dallas Cowboys, AIL, Organization, Russin, Insider Orlando, Caesars, Employment, Commission, Caesars Palace, Russin's, Consulting, Court, Western District of Pennsylvania Locations: Wexford , Pennsylvania, Wexford, Morgantown , West Virginia, AIL, Michigan, Scarborough, Columbia , Maryland, Las Vegas, Stockholm, Orlando, Morgantown, Mayfield's, Western District, Pittsburgh

☆ Exclusive: Deel, a $12 billion HR startup, is contemplating an acquisition of competitor Papaya Global
▼ + stars: | 2023-08-31 | by ( Ben Bergman | ) www.businessinsider.com time to read: +3 min

In the letter, Bouaziz says Deel "may contemplate an acquisition offer" of Papaya Global. "The Deel leadership team and I have been following Papaya Global for quite some time now with great interest," Bouaziz wrote to Papaya's board of directors. A spokesperson for Papaya Global said in a statement that the company is not for sale. Papaya Global is an Israel-based payments processing startup that last raised at a $3.7 billion valuation in 2021 in a round led by Insight Partners and Tiger Global. He also floated the possibility of an eventual full takeover of Papaya Global, which would require the approval of its board.

Persons: Philippe Bouaziz, Bouaziz, Deel, Eynat Guez, Dovi Frances, Guez, Francis, onboarding, Andreessen Horowitz, Emerson, Alexis Ohanian, Elad Gil, Y, Goldman Sachs, Adam Schiff, Julie Su Organizations: Insight Partners, Tiger Global, Global, Coatue Management, Nike, Labor Locations: San Francisco, Israel

☆ How Preply became one of the largest online language learning startups in the world
▼ + stars: | 2023-08-28 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +4 min

He started to see the potential for online language tutoring as a viable business model, since online lessons were cheaper than in-person lessons and class schedules were more flexible. In the summer of 2012, Bigai, Voloshyn and Lukyanov founded the online language learning startup Preply. Last month, Preply raised a $70 million Series C extension round with a combination of debt and equity led by Horizon Capital. Reach Capital, Hoxton Ventures and Owl Ventures, which led its previous $50 million Series C in 2022, also participated. The company's successful fundraising comes after a difficult year personally for the Preply team.

Persons: Preply, Kirill Bigai, Dmytro Voloshyn, Sergey Lukyanov, Bigai, Lukyanov, James Kim Organizations: Preply, Horizon Capital, Morning, Skype, Horizon, Reach, Hoxton Ventures, Owl Ventures, Datadog, Bain, Reach Capital Locations: Ukraine, Boston, Texas, Barcelona, Kyiv, Berlin, Czech, Russia

☆ Uber bans most under 25s from driving for the company in California because of rising insurance costs
▼ + stars: | 2023-08-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Uber has banned under-25s from working as drivers in California because of rising insurance costs. In a statement to the AP, Uber said its commercial auto insurance costs had risen by more than half in the last two years. It also said personal injury lawyers were driving costs up by suing the company. Uber confirmed to the AP that it will allow under-25s who are currently signed up to transport passengers to continue driving for the company. In March, a California appeals court allowed the company and its rivals to continue doing so, overturning a previous decision by a lower court.

Persons: Uber, didn't Organizations: Uber, AP Locations: California

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