Uber

Italian magistrates target Uber Italia over alleged rider exploitation: sources

FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez/File Photo

MILAN (Reuters) – Italian magistrates have placed an Italian unit of Uber Technologies under special administration as part of an investigation into alleged exploitation of food delivery riders, three people familiar with the case said on Friday.

Uber Italia said it had made its Uber Eats platform available to restaurants and couriers in full respect of the law and it condemned any form of illegal intermediation.

“We participate actively in the debate around regulation which we believe will give the food delivery sector the necessary legal security to prosper in Italy,” Uber Italia said in an emailed statement.

The sources, who spoke on condition of anonymity because they were not authorised to speak publicly about the case, said magistrates are looking into a case concerning around 1,000

Read More

Uber launches hourly ride booking option in some U.S. cities

FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid

(Reuters) – Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic.

The option, which is already available in a handful of cities in Australia, Africa, Europe and the Middle East, will cost $50 per hour. Fares for regular Uber rides are generally based on the level of demand and the trip distance.

Uber said it decided to expand the hourly feature to the U.S. after riders requested an option for extended trips during the pandemic to avoid exposure to different drivers and vehicles when taking multiple trips in a confined time period.

The company said

Read More

Uber cuts 600 jobs in India as lockdown hits business

FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. REUTERS/Luisa Gonzalez/File Photo

BENGALURU (Reuters) – Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23% of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.

Last week, Uber said it would focus on its core businesses of ride-hailing and food delivery, and cut staffing by more than a third globally in an attempt to become profitable despite the coronavirus pandemic.

“The impact of Covid-19 and the unpredictable nature of the recovery has left Uber IndiaSA with no choice but to reduce the size of its workforce,” Uber India and South Asia President Pradeep Parameswaran said.

The company’s rival in India, SoftBank Group-backed Ola said last week it would cut abut 1,400 jobs as a lockdown

Read More

Uber customer claims company won price-fixing suit because arbitrator was scared

NEW YORK (Reuters) – An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a price-fixing case, arguing that the arbitrator only ruled in Uber’s favor because he was scared.

FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration

The high-profile 2015 antitrust lawsuit alleged that Uber Technologies Inc engaged in an illegal conspiracy with its drivers to coordinate high “surge pricing” fares during periods of heavy demand by agreeing to charge prices set by an algorithm in the Uber app for hailing rides.

Uber takes a cut from drivers’ earnings, and ride-hailing trips in North America make up the bulk of the company’s revenue. The lawsuit sought a nationwide ban against surge pricing.

Uber argues its drivers are independent contractors and that its app is merely a technology

Read More