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Uber Ordered to Classify Drivers as Employees

A California judge granted a preliminary injunction Monday requiring Uber and Lyft to stop classifying their drivers as independent contractors pending further action by the court. The order will take effect after 10 days, as the companies […]

By |2020-08-11T09:21:58-04:00August 11th, 2020|Articles|Comments Off on Uber Ordered to Classify Drivers as Employees

Uber Buys Postmates

Uber has agreed to acquire the food delivery start-up Postmates for $2.65 billion as it aims to expand its presence in on-demand food delivery while its core ride-hailing business struggles. The companies announced the all-stock […]

By |2020-07-07T10:05:54-04:00July 7th, 2020|Articles|Comments Off on Uber Buys Postmates

Food Delivery Giants to Merge

GrubHub will merge with Europe’s Just Eat Takeaway.com to create one of the world’s largest online food delivery marketplaces, the companies announced on Wednesday. The all-stock merger deal values GrubHub shares at $75.15 a piece, […]

By |2020-06-11T10:04:01-04:00June 11th, 2020|Articles|Comments Off on Food Delivery Giants to Merge

Uber in Talks to Acquire Grubhub

Uber Technologies Inc. is seeking to acquire Grubhub Inc. in a deal that would unite two of the biggest players in the cutthroat meal-delivery business at a time when the coronavirus pandemic has sparked a […]

By |2020-05-13T10:12:45-04:00May 13th, 2020|Articles|Comments Off on Uber in Talks to Acquire Grubhub