May 03, 2023
Uber and Stripe Expand Partnership to Enable Pay by Bank
Uber and Stripe have expanded their strategic payments partnership across the United States, Australia and Japan. By expanding its use of Stripe’s payment platform, Uber will reduce payments costs, enhance...
May 02, 2023
US Layoffs Reach Two-Year High in Push for Profitability
New figures from the Labor Department show U.S. layoffs reaching their highest level in more than two years. The March Job Opening and Labor Turnover Summary, released Tuesday (May 2),...
May 01, 2023
First-Quarter Earnings Calls Show Shift From Growth to Efficiency
A shift from growth to efficiency is showing up in earnings calls across industries. With half of the S&P 500 having held calls for last quarter thus far, the number...
April 27, 2023
Lyft Cuts Quarter of Staff to Drive Down Costs
Lyft will reduce its staff by 26% as the rideshare service looks to bring down costs. The company said last week it would “significantly reduce” the size of its employee...
April 26, 2023
A Sheep in Wolf’s Clothing: Predatory Pricing, Platform Antitrust, and...
By Sergei Zaslavsky & Tyler Helms1 The doctrine of predatory pricing has followed the vicissitudes of antitrust enforcement over the decades: from the plaintiff-friendly postwar period, to the more...
April 26, 2023
Alphabet, Microsoft Talk Up Generative AI for Voice as New...
Speaking of generative AI — as everyone seems to be doing now — voice applications of this powerful technology are already transforming business, and consumer demand for more options in voice commerce...
April 21, 2023
Lyft to ‘Significantly Reduce’ Workforce April 27 as It Restructures
Lyft will “significantly reduce” the size of its workforce next week. The company did not specify the number of employees who will be affected, instead saying they will be notified...
April 12, 2023
NCR and Payfare Team to Help Gig Workers
Payfare, a FinTech serving gig workers, has expanded its partnership with digital banking provider NCR. Under the new collaboration, NCR will offer “self-service financial solutions for Payfare’s cardholders across the...
April 11, 2023
FTC Commissioner Bedoya Says Gig Workers Can Organize Without Fearing...
Alvaro Bedoya, a Democratic FTC commissioner, stated that independent contractors, including those who work for Uber Technologies, Lyft and DoorDash are not prohibited by antitrust law from collectively seeking improved...
