Why the UBER Files story matters for all successful startups

Published

4 years ago

July 12, 2022

The UBER Files investigation has revealed exactly the lengths UBER went to, so it could grows as quickly as possible. It’s a lesson for all successful startups

What is Uber accused of doing?

A new report reveals that the ride sharing company lobbied political leaders to relax labour and taxi laws, and used what has been called a “kill switch” to prevent law enforcement and regulators.

It’s also accused to have believed that portraying violence against its drivers was a good way to earn the publics sympathy.

The report has been called the Uber Files, and is compiled of a leak of more than a 100,000 documents.

Also detrimental to the company’s image is the revelation that it has used tax havens in Bermuda and other areas.

Uber was founded in 2009 to offer inexpensive ride sharing, and the reports reveal the extraordinary lengths it went through to get active in 30 countries.

It’s lobbyists which include a former aide to President Barack Obama pushed lawmakers to drop investigations, restructure taxi laws, and relax background checks on drivers.

Uber responds

In a written statement, Uber acknowledged it had made “mistakes” in the past.

Uber has been controversial in various countries.

Whether all the leaks are true or not, Uber has to take responsibility and respond to all the allegations.

Fair competition can only be maintained through transparency.

It comes as a top UBER exec outs himself as UBER Files whistleblower.

U.S. markets mixed as tech slumps and Fed moves spark uncertainty

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

Published

10 hours ago

February 6, 2026

Harvey Vargas

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.

Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.

We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.

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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights

Money

Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

Published

10 hours ago

February 6, 2026

Harvey Vargas

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.

Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.

The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.

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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker

Money

S&P 500 dips as tech stocks struggle with AMD leading losses

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

Published

1 day ago

February 5, 2026

Harvey Vargas

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.

Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.

Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.

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