Gig Workers Are Not Employees: DOL
The Department of Labor's opinion came in a letter to a virtual marketplace company that operates in the "sharing" economy.
Uber Revs Up for Long-Awaited, $10 Billion IPO
The offering prospectus “renewed questions about how sustainable Uber’s business actually is," showing core revenue growth slowed to 39% last year.
Uber Makes Middle East Move With Careem Buy
The $3.1 billion deal "is an important moment for Uber as we continue to expand the strength of our platform around the world," its CEO says.
Lyft Gets Head Start on Uber With IPO Filing
Lyft's offering could be a bellwether for how a number of tech unicorns including arch-rival Uber are received by investors this year.
Most Consumers Are Leery of the Sharing Economy
The biggest issue for users and potential users of sharing services is personal safety, a survey shows.
Investors and the public will no longer tolerate personal misconduct by executives. Now, boards have to do the same.
Uber’s Spending on New Businesses Hits Profit
The company's Q3 net loss widened to $1.07 billion as it continued to expand its Uber Eats food delivery service and new transportation offerings.
CFOs on the Move: Week Ending Aug. 24
United Airlines, Hertz, Uber, Lowe's, Coty, 99 Cents Only Stores, Superior Group, IAP Worldwide, Dorman Products, Parexel
Uber Hires Banking Exec Nelson Chai as CFO
Chai, who fills a position vacant since 2015, "has a year to turn Uber into a profitable company" ahead of a planned IPO.
How Revenue Recognition Impacts Pricing Strategy
The new revenue recognition rules demand tight teamwork between pricing and revenue teams.
Uber Takes on Softbank as Investor, Eyes IPO
The Japanese conglomerate is leading an investor group that could put as much as $10 billion into Uber as it prepares for an IPO in 2019.