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

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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.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Warner Brothers & Discovery considers splitting up to boost stock value

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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

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Investors worldwide grow increasingly optimistic about Trump winning the election

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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.

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Netflix expands use of ads despite slow subscriber growth

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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.

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