Uber is a Cesspool of Corruption

DanJenn | February 27, 2017 | Leave a comment

Uber Technologies Inc. is far from the hub of innovation that investors have been praising. Recent news stories indicate that the unicorn is actually a cesspool of corruption. Alphabet (NASDAQ: GOOG) is alleging that Uber and the self-driving truck...

Drive for Uber & Zipcar Make less than Minimum Wage

DanJenn | February 15, 2017 | Leave a comment

Drivers that take advantage of a new Uber “opportunity” in Boston would make more money flipping burgers at McDonald’s. Uber drivers that rent vehicles through Zipcar in Boston would make $8 an hour, Quartz estimated. The minimum wage in...

Delete Uber, even though it opposes Trump

DanJenn | January 31, 2017 | Leave a comment

The open-sourced war on Trump has already spread to Silicon Valley, the app market and the nation’s airports. The New York City Taxi Workers Alliance; a cab drivers’ union, staged a boycott of JFK Airport to protest President Trump’s...

Feds: Uber Lied to Drivers

DanJenn | January 22, 2017 | Leave a comment

Uber made false and greatly exaggerated claims about its drivers’ earnings in advertisements, The Federal Trade Commission (FTC) is alleging. Uber acknowledged those claims by paying $20 million to settle a lawsuit the commission had brought against it, Bloomberg...

Uber might lose $5.5 Billion in 2016

DanJenn | December 21, 2016 | Leave a comment

Uber Technologies Inc. is on track to lose $5.5 billion in 2016, an anonymous source told Bloomberg Technology. If that prediction is accurate Uber’s losses will exceed its revenues by $1.74 billion. The ride-hailing app provider generated $3.76 billion...

Amazon building Uber for Trucking

DanJenn | December 20, 2016 | Leave a comment

Amazon (NASDAQ: AMZN) is building an app that will function as an “Uber for truckers.” The solution is supposed to connect drivers; most of whom are independent contractors, with customers. The app, which is being built by a team...

Uber’s Self-Driving Car is Illegal in California

DanJenn | December 16, 2016 | Leave a comment

Uber’s self-driving car is apparently illegal in its’ home state of California. The company is violating the law by operating its autonomous Volvo SUVs in San Francisco. Uber is breaking the law because it lacks the proper permits to...

Seven Ways Uber is Changing America

DanJenn | December 12, 2016 | Leave a comment

For better or worse Uber is changing how millions of Americans get around and make a living. Those changes amount to a paradigm shift that will disrupt our economy, our communities, our lives and our transportation system. Uber; and...

Uber Starts Artificial Intelligence Lab

DanJenn | December 8, 2016 | 1 Comment

Uber’s Silicon Valley shopping spree is continuing. The networked-transportation provider just acquired Geometric Intelligence. Geometric Intelligence is an Artificial Intelligence (AI) research organization that claims to have been founded by a group of noted scientists and machine learning pioneers....

Passengers only Paying for 41% of Uber

DanJenn | December 3, 2016 | Leave a comment

Passenger fares only cover 41% of Uber’s expenses, an analysis prepared for Naked Capitalism by transportation expert Hubert Horan indicates. That means most of Uber’s money comes from investors; and from the actual service, if Horan is right. Horan...

Car Insurance Samurai

Reflection of Market Mad House

Uber

Uber is a Cesspool of Corruption

Drive for Uber & Zipcar Make less than Minimum Wage

Delete Uber, even though it opposes Trump

Feds: Uber Lied to Drivers

Uber might lose $5.5 Billion in 2016

Amazon building Uber for Trucking

Uber’s Self-Driving Car is Illegal in California

Seven Ways Uber is Changing America

Uber Starts Artificial Intelligence Lab

Passengers only Paying for 41% of Uber