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...A top Uber executive has warned that Brussels’ proposals to designate gig workers as de facto employees will force its ride-hailing service to shut down in hundreds of cities across the bloc and raise prices...
...“This is a momentous day for gig workers,” said Nicolas Schmit, commissioner for jobs and social rights....
...They said, ‘We can’t change the data in the system, but we can offer you $2 because you went there.’ I spent 20 minutes biking there and 45 minutes on the phone to them, and they gave me $2.”...
...The gig economy has been subject to growing regulation across both sides of the Atlantic....
...Some good news The vital marine habitats of coral reefs cover much more of our planet than previously thought, according to a breakthrough in mapping technology which will allow scientists to better understand...
...The rules laid out five criteria, of which gig economy platforms must meet at least two....
...Consumer survey numbers released on Monday by the New York Fed showed three-year-ahead expectations falling to 2.4 per cent from 2.6 per cent....
...From this, DoorDash’s revenue was $2.2bn. That is a 12.9 per cent take rate, up from 12.6 per cent the previous year. A rising number shows volume growth exceeds the increase in operating costs....
...They added that the Frankfurt-listed company had around “€5.7bn of gross debt . . . maturating out to 2030” and liquidity of about €2.4bn as of September....
Ride-hailing company seeks to please investors following renewed focus on profitability
Ride-hailing company’s stock surges more than 60% before correction to margin growth outlook for 2024
...“They worry about technology risk and the need to upskill their staff in order to install infrastructure and manage vehicle charging.”...
...Deliveroo ceased operations in Spain almost a year ago after the country amended laws to give gig economy workers rights including collective bargaining....
...But remember, many of the proponents of “AI everywhere” were touting web3, crypto, the metaverse and the benefits of the gig economy not so long ago....
...Of the 2.2mn novel materials uncovered, the company deemed 380,000 stable enough to include in a database....
...His model has Reddit with 131mn users and $2.3bn in revenue in 2027, implying growth of 16 and 30 per cent a year, respectively, over the next four years....
...Just Eat Takeaway laid off 1,700 delivery couriers across the UK last year, opting to rely entirely on gig workers for takeaway deliveries....
...The effect is wonderfully eerie and dreamlike but the message is clear: there are many players, but only one Bard. ★★★★★ On BBC2 on December 2 at 10pm...
...Spotify’s gross profit margins in the quarter rose to 27.6 per cent, up from 25.2 per cent a year ago....
...Natural and human sciences: The race to curb global warming Technology: David Chalmers — ‘We are the gods of the virtual worlds we create’ Human sciences: Graphics of the year — making sense of 2021 Technology...
...Platforms will not be required to report the details of those using their sites or apps who make 30 or fewer sales a year and sell items for less than a total of €2,000 (approximately £1,700)....
...Where can we go in five years with radiomics, robotic process automation, Crispr gene editing, technology in primary care? This is the last mile of healthcare....
Figures reflect post-pandemic rebound in public licensing in gigs and hospitality
Instacart and Amazon show shopping habits are hard to break, especially in the US
...It’s also long past time to kill the separate minimum wage for “tipped workers”, which is as low as $2.13 per hour in several states....
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