Uber, Postmates takes legal action against California’s new labor law

Postmates

Uber Inc and on-demand meal delivery service Postmates Inc took legal action on Monday to block a broad new California law aimed at providing wage and benefit protections to people who are independent contractors. The lawsuit submitted in U.S. court in Los Angeles argues that the regulation set to take effect Wednesday breaches federal and […]

Uber to pay $4.4 million to end federal sex harassment investigation

Uber Technologies Inc

Uber Technologies Inc. is going to pay a $4.4 million to settle a federal investigation into accusations that the San Francisco company permitted a rampant culture of sexual harassment, the U.S. Equal Employment Opportunity Commission declared Wednesday. The agreement finishes an investigation started in 2017 in which the commission found reasonable cause to consider that […]

Daimler, BMW to invest 1 billion euros in venture to compete Uber

Daimler BMW logo

Daimler and BMW revealed a joint ride-hailing, parking and electric vehicle charging business on Friday to rival with mobility services offered by Uber and other tech companies. The luxury car companies stated they would invest over 1 billion euros ($1.13 billion) to broaden the joint venture, moving beyond manufacturing and auto sales toward pay-per-minute or […]