uber

A Side Hustle

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Looking to make some extra cash; better make sure it's worth your time.

Companies such as Airbnb, Lyft and Uber allow anyone who passes a little background check to make money on the side; but how much are people really pulling in? To help you determine whether or not you should pick up a side job the online lender Earnest crunched some numbers to see which companies were profitable.  read more »

Uber's Challenges

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Ride sharing company Uber is looking for a new driver, but it won't be an easy road.

Recently Uber has been plagued by controversy leading up to the resignation of CEO Travis Kalanick. Now the search is on for someone to take over but industry experts say they are facing three major hurdles.

First, profit and culture. Research director Michael Ramsey says a company's founder helps bring a business to life and an outside person will now have to bring their own ideas when it comes to daily business and making a profit.

The next CEO also needs to improve Uber's relationship with riders and drivers. Drivers feel like they are underpaid and left in the dark about company policy. While riders need to be assured that recent problems won't put the brakes on service.  read more »

Route Based Pricing

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Uber is testing out a new way to pay; and it's all about the destination.

In a recent interview with Bloomberg Uber detailed a new pricing plan it has been testing in certain cities for the past few months. It’s called route based pricing and it charges passengers based on what Uber thinks they're willing to pay. And the details of your trip are what helps the company come up with the number to charge. For example, someone traveling from a wealthy neighborhood to another high end area will be charged more than someone heading to a poorer part of town even if demand, traffic and distance are the same.  read more »

A Ride Sharing Lease

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Looking to jump into the ride sharing business? How about a new ride to sweeten the deal?

Are you thinking about becoming an Uber driver but don't have a car? Or are you an existing Uber driver tried of strangers messing up your personal vehicle? General Motors might have a way to help.

The company is pairing up with Uber to provide better lease deals for drivers that use the car for ride sharing. The 90 day pilot program is being launched in the San Francisco bay area and will offer the Chevy Cruz, Malibu and Trax at a cost of $179 per week. Plus tax and insurance is included and there are no mileage restrictions.  read more »

Flying Taxis

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Uber is working on a new way to get people around; and completely off the roads.

In order to better handle the transportation needs of people who live in big cities Uber is working on a new plan; the flying taxi. At a recent conference the company says it is looking at vehicles that take off and land vertically and can get passengers from A to B. The company did not say whether these flying taxis would be piloted, fully automated or remote control operated.

The head of products for Uber says the technology should be available in the next decade. He says one of the biggest hurdles it will face will be sharing airspace with all the drones that will soon be delivering everything from packages to pizza.  read more »

Uber's Price Drop

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Uber is cutting its fares for passengers; but not everyone is along for the ride.

On January 28th Uber cut fares in New York by 15%. Since then the company says demand for rides has increased over 50%. And the rise in numbers is happening all over the city with more people taking advantage of the lower prices and either trying the ride sharing program out for the first time or using it more often.

And it's not just New York that has more people booking a ride. While not releasing specific numbers Uber says since the fare cut business is up in cities all over the country. But despite the boost drivers say it’s hurting their bottom line.  read more »

Uber Conversations

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Uber drivers tend to get a bad rap, but in some cases they're not getting an easy ride either.

There are many complaints about the ride sharing company including price increases on certain days, drivers getting lost and in some cases drivers getting violent. But maybe it's time to consider just how much those drivers have to put up with. For example some passengers are drunk, some talk too much, some try to become a navigator and some are just rude.  read more »

Price Gouging

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Uber is designed to make your night out a little easier; but in some cases the peace of mind will cost you.

It's no surprise that certain nights of the year mean a price surge on your Uber fare; and New Year’s Eve is definitely one of those nights. Now the horror stories are pouring into Twitter with people saying they paid 10 times the normal rate without warning.

In its defense Uber released a statement saying that 60% of New Year’s Eve users were not affected by price surging. Unfortunately that doesn't take the sting away for the people who did pay more.  read more »

Uber Rush

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Looks like Uber is driving into the delivery service.

Earlier this week Uber graduated its Uber Rush program from a pilot experiment to a full-fledged business. First launched last year the Uber Rush trial let users hail a delivery person from its app the same way you order a driver. And while it might be handy for someone else pick up your dry cleaning or get the umbrella you left at a restaurant; the real customer for Uber Rush is businesses.

Small businesses in big cities all over the country can use Uber Rush to deliver their goods. If a restaurant is slammed during lunch it can hire an extra driver to make deliveries. Stores or boutiques can now add same day delivery to their list of services.  read more »

Uber's Road Block

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An Italian court is putting the brakes on San Francisco based Uber.

Earlier this week the court issued a ban on unlicensed car sharing services such as Uber. The service has been gathering popularity among people across Europe who are looking for a cheaper way to travel. Unfortunately taxi drivers don't appreciate the threat to their business and have begun voicing their opinions with large protests.

The court in the Italian business capital of Milan says companies like Uber create unfair competition. So it ruled that using the Uber app was forbidden along with the offering of paid car-ride services by unlicensed drivers. The move by the Italian court adds to a series of legal challenges facing the company.  read more »