Uber is a “bezzle,” doomed to disappoint the suckers who buy into its IPO
Writing in New York Magazine, Naked Capitalism’s Yves Smith draws on Hubert Horan’s outstanding series on the underlying economics ofRead More
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Uber files for IPO that could be worth $120 billion
Uber has filed paperwork confidentially to go public, according to two people with knowledge of the matter, officially moving towardRead More
Leave a commentUber CEO Dara Khosrowshahi on flying taxis, the future and company in crisis
Uber is releasing new information about Uber Air, an ambitious plan to launch a fleet of autonomous flying taxis inRead More
1 responseAre we all being taken for a ride?
FOR two of the past three weeks, Uber has offered customers in Perth a promotion: if you took at leastRead More
Leave a commentUber wins right to operate in Taiwan again
The Taipei High Administrative Court on Saturday ruled in favor of Uber Taiwan, the local subsidiary of Uber Technologies Inc,Read More
Leave a commentErika Godin Speaking Out After Uber Driver Takes Off With Her Son
An Ottawa mom is speaking out after what can be described as any parent’s worst nightmare. In a Facebook post,Read More
Leave a commentUber Autonomous Car Program Could Begin Testing Once Again
After the tragic death of an Arizona citizen back in March at the hands of an Uber autonomous car, the peer-to-peerRead More
2 responsesUber forces its drivers to arbitrate, rather than sue, but Uber also won’t arbitrate
Binding arbitration agreements were formalized in 1925, allowing two corporate entities of roughly equal size to resolve their disputes outsideRead More
1 responseWhat happens if your Uber driver takes a different route than promised?
Not long ago, I took a Juno, one of New York City’s many ride-hail services, from my Brooklyn apartment toRead More
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