Uber really needs Lyft to stay in ride-share race

Uber used to pay its drivers for rides using a semi-transparent formula. A new system of ‘upfront’ fares helps the company maintain the upper hand in wage negotiations. Photo illustration by Matthew Horwood/Getty Images/Tribune News Service

NEW YORK — The long-held assumption about Uber has been that it would only make real money via one of two routes.

The first is self-driving cars become a reality and there’s no more need to pay human drivers. Well, forget that, ain’t gonna happen — at least not for many years.

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Johnson Newspapers 7.1


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