Uber Technologies won’t be reporting its latest earnings for another month, but when it does so in November the news is not expected to be good. In an effort to flip the script in advance of that report and distract attention from the ongoing COVID-19-induced decline in its core ride hailing business, Uber has launched Uber Green
Reuters reports that Uber has quietly launched a service to give public health officials quick access to data on drivers and riders presumed to have come into contact with someone infected with COVID-19. Now Uber, one of the primary vectors spreading the disease with hundreds of thousands of masked drivers worldwide guiding shared
A funny thing happens when you let car makers make cars and car dealers sell cars – people start buying cars. With the U.S. economy at least partially re-opening nationwide car buyers have returned to the market and, finding a limited supply of new cars and disappointing incentives, have turned, in part, to used cars. This … Read More
By now it is pretty clear that everywhere outside of China and South Korea human beings are doing a lousy job of “social distancing,” locking down, and sheltering in place. This is unfortunate because experts agree that only a complete lockdown will stop COVID-19 from infecting millions, continuing to kill thousands,
When I landed at San Francisco International Airport last Tuesday morning around 1 a.m. I was determined to locate the airport taxi rank and take a cab to my hotel in Santa Clara. The idea of hailing an Uber or Lyft seemed essentially nonsensical to me since I knew professional taxi drivers would be waiting as they usually are at most… Read More
The time may have finally arrived to put app-based transportation options out of commission. The latest report of 3,000 rapes and sexual assaults committed on or by Uber drivers in 2018 highlights a serious and possibly growing shortcoming of gig-type ride-hailing and delivery services: the weakness of driver background checks… Read More
As Uber’s initial public offering arrives this is a good moment to consider what kind of employment model for the future we all, as employees and employers, would prefer to adopt: Amazon or Uber?
One of my sons has interviewed with Amazon. The other has his Amazon moment today. My across-the-street neighbor works for Amazon Web Services.… Read More
Lyft’s initial public offering was expected to be the biggest tech offering in two years. A public offering is very much like an elevator and everyone getting on the elevator wants to go up. It’s worth noting as the doors open on the Lyft IPO elevator, General Motors is likely to be getting off – and they are not alone.… Read More
It wasn’t enough that Lyft and Uber introduced the world to the concept of taxi and limousine drivers committing suicide, we now have Lyft and Uber drivers committing suicide. In other words, it’s not enough that the business models of these companies are suicidal, they are actually visiting suicide upon their non-employees.… Read More
The good news is that Lyft’s initial public offering is over-subscribed, according to published reports. That also happens to be the bad news.
Like its disruptive corporate kin – Waymo, Uber, and Tesla Motors – Lyft is out to creatively destroy the automotive industry. In the process, the company is set on a course for its own annihilation… Read More