Uber settles dispute over sexual assault data with California Public Utilities Commission
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Uber will pay a $150,000 fine, instead of a $59 million penalty it faced last year, for not complying with the California Public Utilities Commission’s request.Josh Edelson/AFP / Getty Images
Uber and the California Public Utilities Commission have filed a proposed $9 million settlement in a long-running dispute over whether the ride-hailing giant must hand over data on riders and drivers who were sexually assaulted while using the service.
The joint proposal, which was reached through mediation, was filed with the administrative law judge in the case on Thursday afternoon.
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Please wait. The cost and speed of business recovery is of paramount interest to investors, and Uber executives on Wednesday said the take rate, the share Uber takes in fees from each ride, would drop from the previous quarter to a 20% range. Taking a lower cut will allow Uber drivers to earn more, but weigh on Uber s second-quarter mobility revenue and profitability. Atlantic Equities analyst James Cordwell said shares fell after hours because of the pressure on the take rate and implicit driver incentives. The food-delivery business continued to grow in the first quarter, but ride-hail bookings were flat from the previous quarter.
Uber sees driver cost rising as U.S. economy recovers
By Tina Bellon and Akanksha Rana
Reuters
(Reuters) -Uber Technologies Inc signaled it would pay drivers more to get cars back on the road as the U.S. economy recovers from the pandemic and disclosed a $600 million charge to provide UK drivers with benefits, a sign of the potential costs if the United States requires more driver compensation.
Shares of Uber dropped about 4.6% in after-hours trade. The stock fell 3.4% during the regular session after the Biden administration blocked a Trump-era rule affecting gig workers.
The cost and speed of business recovery is of paramount interest to investors, and Uber executives on Wednesday said the take rate, an indication of how Uber takes in fees per ride, would drop from the previous quarter to a 20% range. Taking a lower cut will allow Uber drivers to earn more.
Uber Appealing $59M Fine in California Over Sex Assault Data Request
Uber Technologies Inc. on Wednesday appealed a $59 million fine by a California regulator in a dispute over whether the company should share detailed information on sexual assault and harassment claims reported on its ridesharing platform.
The California Public Utilities Commission fined Uber in December after the company refused to share the information, including full names and contact information, arguing that doing so would violate victims’ rights to privacy.
On Monday, an anti-sexual abuse group also appealed the decision and supported Uber’s “transparency and commitment to protecting survivors.”
Uber’s Chief Legal Officer Tony West said during a Tuesday interview that no regulator had previously asked Uber for personally identifiable information of sexual assault victims, and said the CPUC had not disclosed why it needed the data.