TAXES FOR UBER AND LYFT DRIVERS

HOW TO FILE TAXES AS A LYFT OR UBER DRIVER Tax season is upon us yet again and what better way to kick it off then to lay out a few points to consider when filing this year. As an Uber or Lyft driver, taxes are treated a little differently than working for …

FRENCH UBER EXECUTIVES FACE 5 YRS OF JAIL TIME

Although Uber is saving both lives and the planet every day, this doesn’t mean they are immune from the law. In France, very specific taxi laws are in place and French authorities claim that Uber has been able to skirt the law by hiring drivers according to their business model. …

UBER TO PAY OVER $28 MILLION TO RIDERS

On Thursday, a San Fransisco federal judge has reached an agreement between the plantiff and defendant in a class action lawsuit against Uber for fees charged between January of 2013 and January of 2016. Uber charged riders an extra fee on each trip to subsidize their background check process. However, the …

LUXEMBOURG BASED LETTERONE(L1) INVESTS $200 MILLION

As if Uber did not already have enough venture capital funding, Luxembourg Investment firm LetterOne has made the decision to invest $200 million into San Fransisco based Uber. Given their expertise in emerging market investments, the fund will use the investment to expand further into emerging markets. L1 chairman Mikhail …