#California fines Uber M in sexual assault data dispute

#California fines Uber $59M in sexual assault data dispute

“#California fines Uber $59M in sexual assault data dispute” California regulators fined Uber $59 million and threatened to suspend its operating license in the state after it refused to fork over details about sexual assaults that occurred on its trips. An administrative law judge ordered the ride-hailing giant to comply with the California Public Utilities…

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#Uber sells its self-driving car business for  billion

#Uber sells its self-driving car business for $4 billion

“#Uber sells its self-driving car business for $4 billion” Uber is out of the self-driving vehicle game. The ride-hail giant on Monday announced that it sold its Advanced Technologies Group to self-driving car startup Aurora for $4 billion, ridding itself of a source of major cash burn. Along with the sale — which represents a…

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#Uber, JetBlue join Amazon-backed Climate Pledge

#Uber, JetBlue join Amazon-backed Climate Pledge

“#Uber, JetBlue join Amazon-backed Climate Pledge” Amazon said Wednesday that five companies, including Uber and JetBlue, have joined its Climate Pledge, a commitment to be net-zero carbon by 2040. Chief Executive Officer Jeff Bezos last year pledged to make the largest US e-commerce company net carbon neutral by 2040, as employees and consumers around the…

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#Uber, Lyft stock soars after California Proposition 22 passes

#Uber, Lyft stock soars after California Proposition 22 passes

“#Uber, Lyft stock soars after California Proposition 22 passes” Uber and Lyft’s stock prices soared Wednesday after California voters allowed the ride-hailing giants to continue treating their drivers as independent contractors instead of employees. Uber shares surged 11.5 percent in premarket trading while Lyft’s spiked about 14.8 percent as of 7:54 a.m. after the passage…

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#Appeals court rules against Uber, Lyft in CA driver fight

#Appeals court rules against Uber, Lyft in CA driver fight

“#Appeals court rules against Uber, Lyft in CA driver fight” A California appeals court said Uber and Lyft must treat their drivers there as employees, handing the ride-hailing giants another defeat in a legal battle that could upend their business. The Thursday ruling came as the Silicon Valley firms urged California voters to exempt them…

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