UBER’s plan for global dominance revealed in leaked document cache

Published

2 years ago

July 11, 2022

Uber’s huge global expansion was helped by the company’s ability roo leverage violent clashes with taxi drivers to evade regulation

A leaked cache of documents reveals the illegal tactics UBER used to fuel its huge global expansion.

A joint media investigation dubbed “the Uber files” found that company officials leveraged violent backlash from the taxi industry to gain public support and evade regulatory authorities.

The investigation found that Uber’s subsidised drivers threatened the taxi industry, leading to violent clashes in citires around the world.

The investigation also accuses Uber of having worked to evade regulatory investigations by leveraging technology.

Uber in a statement has acknowledged “mistakes”, but laid the blame on previous leadership under the company’s former chief executive.

“We’ve moved from an era of confrontation to one of collaboration, demonstrating a willingness to come to the table and find common ground with former opponents, including labor unions and taxi companies.”
uber statement

It comes as the ride-share app has admitted its mislead customers in regards to the “free cancellation” warnings in Australia.

Why the meme-stock frenzy is unlikely to repeat

Published

6 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

6 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

7 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending