Uber and Lyft drivers in the US make a median profit of $3.37 per hour before taxes, according to a new report that suggests a majority of ride-share workers make below minimum wage and that many actually lose money. Researchers did an … Read more
Cabbies angry over the suicides of three drivers in the last two months heckled City Council members with oversight of their struggling industry Monday, with one demanding they “stop robbing us!” Officials at the first hearing of the For-Hire … Read more
by stockboardasset Waymo, an autonomous car development company and a subsidiary of Google’s parent company, is preparing to launch a ridesharing service similar to Uber, but with no human driver behind the wheel. Officials in Arizona granted Waymo a permit to operate … Read more
by DCG Illegal alien Alarcon-Nunez free to roam and rape in sanctuary California From Daily Mail: California prosecutors said an Uber driver living in the country illegally has been charged with raping, assaulting and robbing young women. San Luis Obispo County District Attorney Dan Dow said … Read more
by Amna El Tawil It is a well-known fact that Uber is facing multi-million dollar debts despite the widespread of its business to multiple countries. Reuters just reported that regulators aren’t, actually, happy that several banks handed the substantial … Read more
www.youtube.com/watch?v=5Q8M8xDAvUw We discuss Uber`s massive debt which we estimate around 4 to 4.5 Billion in aggregate, with a total capital raise of 11 Billion.