Uber driver news

Here are some recent news stories and updates about Uber:

Uber's Financials

• Uber reported a net loss of $5.2 billion in the fourth quarter of 2020, despite a 14% increase in revenue. (Source: CNBC)
• The company's revenue grew 14% year-over-year to $4.7 billion in the fourth quarter, but its losses widened due to increased spending on marketing and research and development. (Source: Bloomberg)

Regulatory Updates

• Uber has agreed to pay $20 million to settle a lawsuit with the state of California over allegations that it misclassified drivers as independent contractors rather than employees. (Source: The New York Times)
• The company has also agreed to pay $1.1 million to settle a lawsuit with the city of Chicago over allegations that it failed to provide adequate information to drivers about their rights and responsibilities. (Source: Chicago Tribune)

Safety and Security

• Uber has introduced a new feature called "RideCheck" that uses GPS and other data to detect when a ride is not going as planned and sends a notification to the driver and rider. (Source: The Verge)
• The company has also launched a new program called "Uber Safety" that provides drivers with training on how to handle emergency situations and how to report incidents. (Source: Uber Newsroom)

New Features and Services

• Uber has introduced a new feature called "Uber Comfort" that offers riders a more comfortable and quieter ride experience. (Source: Uber Newsroom)
• The company has also launched a new service called "Uber Freight" that connects shippers with truckers and aims to reduce the cost and complexity of logistics. (Source: Forbes)

Competition and Partnerships

• Uber has partnered with Hyundai and Kia to offer a new electric vehicle rental service that allows riders to rent electric vehicles for their daily commutes. (Source: The Verge)
• The company has also partnered with the city of Los Angeles to launch a new public transportation service called "Uber Transit" that allows riders to pay for public transportation fares using the Uber app. (Source: Los Angeles Times)