Cab companies in the US state of California will now be required to convert their drivers from “independent contractors” to employees after a judge ruled in favour of drivers.

California judge rules Uber drivers are employees, not contractors

Uber Technologies Inc reported a record $5.2 billion loss and revenue that fell short of Wall Street targets on Thursday as growth in its core ride-hailing business slowed, sending its shares down 6 per cent.

Uber loses $5 billion, misses Wall Street targets despite easing price war

Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by rival Lyft Inc.

Uber targets low end IPO valuation at $82 billion

Uber drivers in London and major US cities held a series of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut.

Uber drivers go on strike in London, US ahead of IPO

Rideshare drivers are striking and protesting in major cities across the United States, with many participating in a 24-hour strike of the Uber and Lyft apps that began at midnight on 8 May.

New York: Uber, Lyft drivers hold protest

Uber and Lyft drivers in New York and Chicago participated in a series of multi-city strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut of Uber. Watch this video to know more.

WION Wallet: Uber, Lyft drivers hold protest

Uber Technologies Inc's drivers in New York will go on strike next week shortly before the ride-hailing company goes public to protest what they view as unfair employment conditions, a taxi union said on Friday.

Ride-hailing drivers in New York to strike ahead of Uber IPO

Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter.

Uber to kick off investor road show with IPO terms on Friday

Uber Technologies Inc’s initial public offering filing on Thursday contains data that will be key to selling itself to investors. The share sale follows a public offering by rival ride-sharing service Lyft Inc last month, whose shares have dropped to about $61 from an IPO price of $72.

How Uber and Lyft compare on key financial metrics

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.

Uber unveils IPO as growth slows amid profit warning

Shares in Lyft surged Friday in its stock market debut, after raising $2.3 billion in an IPO that marks a turning point for the ride-hailing business and the so-called "sharing economy.

Ride-hailing company Lyft rises in Wall Street premier

Lyft on Friday filed documents for its stock offering, beating rival ride-sharing group Uber for a Wall Street listing and becoming one of the most prominent venture-backed tech firms to hit public markets in recent years.

Lyft files for stock offering, beating Uber to Wall Street

The information could be important in Waymo's lawsuit accusing Uber of stealing some of its trade secrets

Waymo must disclose details of Lyft car deal to Uber - ruling

The drivers were caught for illegally driving a car for hire and driving without third party risks insurance.

Hong Kong police arrests 21 Uber drivers

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