January 23, 2024
Report: Apple Scales Back and Delays Plans for Self-Driving Vehicle

Apple has reportedly scaled back and delayed its plans to develop a vehicle. After initially aiming for a fully autonomous vehicle, the company has scaled back its ambitions and is now...

January 18, 2024
Business Groups Take Unconventional Route Against DOL’s Gig-Worker Rule

A coalition of business groups, representing various industries, including gig economy giants Uber Technologies Inc. and DoorDash Inc., is attempting to expedite their challenge against the US Department of Labor’s...

January 17, 2024
Uber Driver Cruising on Top in PYMNTS Provider Ranking of...

The gig economy is ever-changing, but the PYMNTS Provider Ranking of Gig Platform Apps can help users stay up to date. This month we’ve seen a lot of the apps shifting...

January 17, 2024
Grubhub Orders Fall 13% Amid Company’s Cost-Cutting Measures

Grubhub continues to see its order volume decline by double digits, even as its unit economics improve. The aggregator’s parent company, Just Eat Takeaway.com, reported its fourth-quarter 2023 earnings results...

January 17, 2024
State Bank of India Chair Applauds Crackdown on ‘Unhealthy’ Loans

The chair of India’s biggest bank said his country was right to restrict unsecured loans. That crackdown, the State Bank of India’s Dinesh Khara told Bloomberg Tuesday (Jan. 16), helped...

January 16, 2024
Uber Makes Strides Toward Super App Status by Shuttering Drizly

For companies with super app ambitions, consolidation is a key strategy. Forging a seamless connection of experiences — even if they’re disparate experiences — demands some components be readily in...

January 16, 2024
Drive-Thrus Get Tech Upgrades as QSRs Aim to Be 100%...

The drive-thru may be slower to digitize than other restaurant ordering channels, but more eateries are finding ways to integrate connected technology into the experience, as a new all-digital Taco...

January 15, 2024
Uber Closing Down Drizly 3 Years After Acquisition

Uber is closing down its alcohol delivery business, Drizly. The move comes three years after Uber bought Drizly for $1.1 billion, Axios reported Monday (Jan. 15), citing Uber’s senior vice president of delivery, Pierre-Dimitri Gore-Coty....

January 15, 2024
Wage Hikes and Regulations May Spur Gig Platform Consolidation

Wage hikes and new regulations impacting the ways in which gig workers are classified may shake up online platforms, pinching profits and spurring consolidation. In the meantime, a few firms...