Uber Claims It Is Attracting One Million Riders a Day in China

If China does not prove to be the bonanza that Kalanick boasts it is, Uber could quickly collapse as investors run away from it. China could be the proving ground where Uber shows whether it is the future of technology or simply a pyramid scam built on a mountain of debt.

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Florida Declares Uber Driver Employee

Uber’s worst nightmare might have just come true in the Sunshine State. The Florida State Department of Economic Opportunity ruled that a former Uber driver named Darrin McGillis was an employee and not an “independent contractor.”

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