About two weeks ago, thousands of people across the United States took to the streets in protest, hoisting signs with damning statements like “Driving us into poverty” or “32 cents a mile is not enough.” In cities from Los Angeles to Boston, the masses clamored to be heard, tensions flared and the streets seemed suspiciously devoid of ridesharing vehicles.
The protests could be more accurately described as a strike against the ridesharing industry’s titans, Uber (NYSE: UBER) and Lyft (NASDAQ:...
https://www.freightwaves.com/news/uber-lyft-and-others-face-a-reckoning