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Categories: Regulations, Operations, Money
Uber Drivers Press New York City For Wage Guarantee

The Independent Drivers Guild, seeking a 40% pay hike, handed regulators 15,000 signatures.

https://www.lctmag.com/news/729012/uber-drivers-press-new-york-city-for-wage-guarantee
Categories: Operations, Money

Because they have to file 1099 forms instead of W-2s, things get tricky when April 15 rolls around.

https://www.lctmag.com/news/711705/uber-independent-contractors-have-hard-time-with-taxes
Categories: Operations, Money
Uber CTO Says Profits Still Years Away

The TNC is hanging its hopes on self-driving cars and spending aggressively to develop the software and tech.

https://www.lctmag.com/news/734802/cto-says-uber-will-take-years-to-make-a-profit
Categories: Money

Whether that is good or bad for workers remains to be seen, says Howard Morgan, president of First Round Capital.

https://www.lctmag.com/news/294509/uber-investor-1099-economy-is-here
Categories: Operations, Money
Uber, Lyft Use Accounting Tricks To Inflate Sales And Profits

Commentary: In the TNC world, drivers are the "customers" and discounts are "marketing costs."

https://www.lctmag.com/news/733960/uber-lyft-use-accounting-tricks-to-inflate-sales-and-profits
Categories: Operations, Money

The document showing the large operating losses is being used to sell $1 billion to $1.2 billion in convertible bonds.

https://www.lctmag.com/news/294685/uber-reveals-470-million-in-losses-over-fancy-financing
Categories: Operations, Money

The longer Uber puts off its initial public offering, the greater the return for investors.

https://www.lctmag.com/news/294627/chinese-funding-fuels-talk-of-uber-ipo
Categories: Operations, Money
Uber Officially Lost $2.8 Billion In 2016

In the fourth quarter, the TNC both increased its bookings and upped its losses, according to a recent report.

https://www.lctmag.com/news/721961/uber-officially-lost-2-8-billion-in-2016
Categories: Operations, Money
NYTLC Passes Minimum Wage For TNC Drivers

A leading industry advocate calls the decision a big win for luxury ground transportation in New York City.

https://www.lctmag.com/news/732286/nyc-passes-minimum-wage-for-uber-and-lyft-drivers
Categories: Operations, Money

The TNC is burning through cash at its fastest rate ever and remains massively unprofitable.

https://www.lctmag.com/news/710047/leak-uber-financials-show-big-growth-big-losses


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