Court rejects Uber's deal to give $1 each to 16 lakh drivers
A US court has rejected taxi-hailing startup Uber's proposal to give an average $1.08 each to 16 lakh California drivers to settle a labour code violations lawsuit. Uber, valued at over $60 billion, is facing more than a dozen lawsuits in the US challenging its contractor-based business model. A judge also rejected Uber's $100 million settlement as 'inadequate' last year.