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550 women sue UBER over sexual assault claims

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2 years ago

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It’s been hit-after-hit for ride-share company Uber recently, now the company is being sued over sexual assault claims

Uber is being sued in the U.S by 550 women who were allegedly assaulted by drivers on the ride-hailing platform.

The nature of these allegations is incredibly serious.

The filing includes allegations women passengers “were kidnapped, sexually assaulted, sexually battered, raped, falsely imprisoned, stalked, harassed, or otherwise attacked by Uber drivers”.

Uber says sexual assault is a horrific crime and we take every single report seriously.

It added it will continue to keep safety at the heart of it’s work.

Last month, Uber released its second U.S Safety Report, which showed there were almost 1,000 sexual assault incidents, including 141 rape reports, in 2020.

What makes the lawsuit even more damaging for Uber is it could be seen to provide yet more evidence of a toxic culture at the company.

This comes as the man who led UBER’s controversial lobbying efforts in Europe has identified himself as the whistleblower behind the UBER Files investigation.

Why the UBER Files story matters for all successful startups

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What to expect for IPO markets

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2 days ago

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September 13, 2024

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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ASX positioned for strong start after positive stock rebound

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4 days ago

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September 10, 2024

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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5 days ago

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September 9, 2024

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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