Uber’s founder and CEO Travis Kalanick stepped down as CEO after he was pressured to do so by Uber’s investors. He was to take an indefinite leave of absence as CEO so he could “work on himself” and grieve for his departed mother. Kalanick’s mother died last month as a result of a boating accident. … Continue reading “Travis Kalanick Resigns as CEO of Uber”
Category: Uber
Some Uber drivers are losing their minds
Uber rolled out a new methodology for paying drivers. Before Monday, driver pay composed of the base fare added to the per minute fare and then added per mile fare. Uber then totalled this amount up and then subtracted 25%, Uber’s cut. The driver got the rest. Here in Hagerstown, this worked out to be the … Continue reading “Some Uber drivers are losing their minds”
Uber made $6.5 billion last year
Uber released last year’s profit and loss statement to Bloomberg News. It shows that they grossed $20 billion in fares for the year. Considering that Uber drivers, working as independent contractors, take 75% of fares, that would mean Uber should have netted $5 billion in profits based on fares last year. Instead, they report that … Continue reading “Uber made $6.5 billion last year”
Lyft adopts clear policy on service animals
Lyft has followed Uber in making it crystal clear that its drivers need to accommodate riders with service animals. As a driver, you cannot refuse service to someone because they are accompanied by a service animal. Uber made you agree to their service animal policy when you logged into the Driver app. Lyft sent out … Continue reading “Lyft adopts clear policy on service animals”
Why people hate driving for Uber
I decided to drive for Uber today. I went out this afternoon and ended up taking only three trips. The second trip irritated me. Not the trip, but the way Uber handled it. Uber sent me a notification that there was a rider at the Hagerstown Walmart. I accepted the trip and drove to Walmart. … Continue reading “Why people hate driving for Uber”
How driving for Lyft compares to Uber
I had my first experience driving for Lyft yesterday. I’ve tried to drive for the alternative to Uber for a while now, but I’ve never had any requests. I pulled up the app yesterday and in Rider mode – Lyft uses the same app for both rider and driver – I saw that to get … Continue reading “How driving for Lyft compares to Uber”