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  • Uber launches ‘money saving’ subscription service for Brits

    May 26, 2022

    In a major pivot towards a recurring revenue, Uber has finally launched its new membership programme, Uber One, in the UK.

  • Uber offers discounts up to 50 per cent to celebrate opening of Elizabeth line

    May 23, 2022

    Uber has announced it will offer discounted fares to celebrate tomorrow’s opening of the long-awaited Elizabeth line. Running for the first 500 trips on a first come first served basis, the ELIZABETHLINE promotional code will cover trips to Elizabeth line stations, including Paddington, Tottenham Court Road and Canary Wharf. “The Tube is an iconic part [...]

  • Netflix lays off 150 staff amid subscriber dip

    May 18, 2022

    Following a brutal set of results last month, Netflix has laid off around 150 staff.

  • Uber’s Jamie Heywood steps down as Northern Europe regional manager

    May 17, 2022

    Uber’s Jamie Heywood announced he was stepping down as the company’s regional general manager for Northern Europe after four years in the job. Heywood said he would leave the company next month to work on a book project, according to a memo seen by Sky News. The executive added that he was leaving Uber’s UK [...]

  • Uber brings subscription service Uber One to the UK later this month

    May 16, 2022

    Uber has announced it will bring its subscription service Uber One to the UK later this month. Established to rival the likes of Deliveroo Plus and Amazon Prime’s food delivery services, Uber One will give customers free delivery on Uber Eats as well as discounts on rides. “We know users across our platform have been [...]

  • Big Tech cuts jobs as market caps suffer

    May 14, 2022

    Big Tech companies have been forced to cut jobs as market caps continue to be slashed as momentum slows.

  • TfL announces reopening of Jubilee line Night Tube services

    May 13, 2022

    Transport for London (TfL) has announced that Night Tube services on the Jubilee line will resume from next Saturday. Jubilee services will run on Friday and Saturday night, joining the Central and Victoria lines – which reopened in November after the public demanded the reopening to guarantee the safety of more vulnerable people. “From next [...]

  • Deliveroo union deal branded ‘desperate attempt for positive PR’

    May 12, 2022

    Deliveroo has been criticised over a “publicity stunt” union deal, with investors unsure of what the move means for riders’ rights.  The union announced on Thursday it was forging a “first of its kind” union recognition deal with GMB union, which has not traditionally been associated with the gig economy. The Independent Workers Union of [...]

  • The City View: Analysing the G7 plan to phase out Russian oil

    May 9, 2022

    Today Andy Silvester talks to City A.M. reporters Nicholas Earl and Leah Montebello. They go through the G7’s decision to phase out Russian oil, historically elevated gas prices, unpick Snapchat owner Snap Inc.’s plan to compete with the likes of TikTok, and break down Uber’s CEO Dara Khosrowshahi’s recent letter to employees. And in the [...]

  • Uber chief: Time to show investors the money

    May 9, 2022

    Uber chief Dara Khosrowshahi heralded a change of tack this week when he sent an internal email to staff entitled “the next (best) chapter”, signalling a new era of cost cutting. Discussing the “seismic shift” that has occurred in the ride-hailing space, Khosrowshahi emphasised the centrality of shareholders in the company’s ongoing journey. He wrote: [...]

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