California fines Uber $7.6 million for not reporting driver knowledge
Uber was hit with a $7.6 million high-quality on Thursday after the California Public Utilities Fee discovered that the corporate failed to offer correct knowledge on its drivers in 2014. Uber plans to pay the wonderful to keep away from a suspension of its working license, although it should attraction the ruling, the Los Angeles Occasions stories. In July 2015, a decide advisable Uber be fined upwards of $7 million for failing to offer related driver knowledge beneath California’s new experience-hailing legal guidelines. At this time’s superb stems from that suggestion.
The CPUC says Uber failed to offer accessibility info (what number of riders requested for accessible automobiles and truly acquired them), service info (pickup and cost knowledge in every zip code the place Uber operates), and the reason for every “driving incident” involving an Uber car. Uber has since offered all of this info to the CPUC, the LA Occasions reviews. Uber’s fundamental competitors, Lyft, is not dealing with any penalties in California.
When you’re doing the maths on all of this, keep in mind: Uber is valued at greater than $60 billion.