As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
Sprinkles early. Morning clouds. Mild.
Uber plunged immediately at the opening of trading, falling as much as 8.8% from its IPO price of $45 per share, a level that was already at the low end of bankers’ expectations.
Uber is eyeing a valuation above $100bn for its much-anticipated share offering due in 2019, which would be the biggest-ever in the tech sector, according to sources.
Uber is beginning an appeal a decision to deny it a new operating license in London, saying it has made significant reforms that address mistakes the company had made in the past.
A potential watershed case to recognise Uber drivers as employees got quashed in the labour court earlier this month, with none of the merits tested.
Chinese ride-hailing giant Didi Chuxing said it had bought Brazil's 99 Taxis, opening another front in the Beijing-based company's global battle with Uber.
A former Uber security specialist accused the company of dispatching a team of spies to steal its rivals' trade secrets and using shady tactics to thwart its competition, according an inflammatory letter unsealed by a federal judge.
US ride-hailing app Uber on Friday lost a landmark case in Britain that would give drivers the right to paid holidays and the national minimum wage, lawyers representing the claimants said.
"We want to create economic opportunities for women as drivers on the Uber platform," said Uber's chief of operations in Europe, the Middle East and Africa.
Ride-hailing service Lyft carried more passengers through June this year than it did in all of last year as it benefited from rival Uber's missteps
Uber CEO Travis Kalanick is reportedly taking a leave of absence from his post to grieve the loss of his mother, an email distributed among company employees said.
Uber may have to cut down on its take from restaurants while still assuring would-be investors it has a path to profitability, says Alex Webb.
A London court is set to rule on whether ride-hailing firm Uber should be allowed to keep driving on the streets of London.
Chinese ride-sharing giant Didi has intensified its drive for global business, launching in Melbourne as it joins rivals Uber, Taxify and Ola in Australia's taxi market.
The ride-sharing company Uber confirms that it had technology to shield company data when law enforcement raided offices outside the US.
Southeast Asia's top ride-hailing firm Grab launched services in the Cambodian capital Phnom Penh , as it looks to lock down regional domination against main rival Uber.
Prosecutors involved in a criminal investigation of Uber learned of the tactics from a former manager of the company’s global intelligence unit.
As it celebrates its first birthday in SA, food delivery app UberEATS is averaging 10 000 downloads a week.
Uber South Africa has introduced a new, pilot cash indicator feature. The cash indicator allows Uber driver-partners to choose whether they’d like to accept a cash trip request or not.
The city of Madrid has asked Spain's anti-trust watchdog to investigate whether Uber's new airport transport service violates fair competition laws
Rhode Island lawmakers are considering a bill that would let a picturesque summer resort island set its own rules for regulating ride-hailing companies such as Uber and Lyft.
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