This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Over the past few years, Uber has been on a seemingly unstoppable march to change the way millions of people move about their cities. The platform has been praised for its simplicity and convenience, but has also found itself wrapped up in high-profile legal challenges, from being forced to shut down in Austin to setting off a debate over tipping. (If you don’t have an Uber account you can receive a free ride up to $20 by signing up with this link.)

UberSurge
Uber’s research shows that users are more willing to pay more when their phones are low on battery.

Uber’s chief economic officer Keith Chen revealed to NPR’s Shankar Vedantam of the Hidden Brain podcast that its research shows people are more likely to accept surge pricing if their phone is low on battery. It’s likely that Uber receives this information when the app enters reserve power mode on a user’s phone. Uber maintains that it will not use this data to impose surge pricing on its customers, however, the company has misused consumer data in the past and people remain skeptical as to whether the rideshare company will honor this promise to its customers.

Has Uber’s data collection gone too far?

H/T: View from the Wing

Chase Sapphire Preferred® Card

Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.