Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

550 women sue UBER over sexual assault claims

Published

on

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.

Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now