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Uber Reclassifies U.K. Drivers as Workers

Mar.16 — Uber announced the company will be reclassifying all 70,000 of its U.K. drivers as workers this week allowing them to have benefits such as minimum wage, paid vacation time, and a pension. Bloomberg’s Priya Anand reports on “Bloomberg Technology.”

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Mar.16 — Uber announced the company will be reclassifying all 70,000 of its U.K. drivers as workers this week allowing them to have benefits such as minimum wage, paid vacation time, and a pension. Bloomberg’s Priya Anand reports on “Bloomberg Technology.”

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4 Comments

4 Comments

  1. RcStan Stanley

    March 16, 2021 at 10:33 pm

    California law solved this problem for workers. But intense campaigning with 10 to 1 spending allowed Uber to overwhelm the driver’s wishes.

  2. Fondue Bear

    March 17, 2021 at 12:22 am

    Good job. Gig workers take bigger hits than say Uber, postmates, Lyft, doordash etc. Breaking it down, 1 person got rich while the vast (drivers) stayed poor.
    Everytime they talk about pay: 17an hour…haha…that does not factor in any costs associated: gas, maintenance, car, car insurance, health insurance, phone, phone plan, taxes fica, SSI, medicaid..etc.

    • Dustin Montgomery

      March 17, 2021 at 12:53 am

      Uber is meant to be a secondary form of income, not a main job. I hope Uber in the UK goes out of business

  3. Dustin Montgomery

    March 17, 2021 at 12:51 am

    No body should even consider working for Uber or other similar companies as employees.

    It should be a pure contractor type employment.

    All your doing is making the barrier of entry much harder for those who just want to do it a couple hours a week.

    Plus the entire system is designed that way. Your going against the wind here. Forever and ever.

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Bloomberg Technology

SpaceX Starship Rocket Takes Off From Texas

Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability.
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SpaceX Halts Starship Launch, Lenovo Soars on AI Growth | Bloomberg Tech 5/22/2026

Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI…

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Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI growth.

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00:01:12 – Loren Grush, Bloomberg News
00:04:03 – Laura Crabtree, Epsilon3 CEO
00:11:54 – Winston Cheng, Lenovo CFO
00:19:02 – Dana Wollman, Bloomberg News
00:24:18 – Brody Ford, Bloomberg News
00:26:38 – Michelle Chang, Zoom CFO
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Lenovo CFO Weighs In on Strong AI Growth

Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.”
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