Gig workers are exploited through promises of a flexible algorithm according to a new study published by Flinders University, contending that an out-of-court settled case involving an Uber Eats driver epitomised the problems still facing Australia’s digital platform economy. An absence of definitions over employment in gig economy work and the vulnerabilities of temporary migrants and… Continue reading Exploited gig workers need industry reform claims new Flinders University study
Tag: Uber
PayPal has been laying off workers to reduce costs
PayPal has laid off workers in risk management and operations this week, according to Bloomberg. It’s the latest in a series of layoffs within the company — and it also won’t be the last. The publication says the payment processor also recently reduced its employee numbers in Chicago, Omaha, Nebraska and Chandler, Arizona. Further, it… Continue reading PayPal has been laying off workers to reduce costs
Empire State Building Partners with “Stranger Things” on Dynamic Light Show and Special Experiences for Fans at the Observatory
“We are happy to unite New Yorkers and our visitors with once-in-a-lifetime experiences at the World’s Most Famous Building,” said Jean-Yves Ghazi, president of the Empire State Building Observatory. “Now, our guests can come face-to-face with one of television’s most iconic monsters on our 86th Floor Observatory.” ESB in the Upside Down – On Thursday,… Continue reading Empire State Building Partners with “Stranger Things” on Dynamic Light Show and Special Experiences for Fans at the Observatory
A Bored Ape Lawsuit Won’t Set the NFT Precedent Seth Green Wants
The first thing you should probably do if you find yourself in Seth Green’s position is not tweet about how much you’re “looking forward to precedent setting debates on IP ownership & exploitation.” Green, an actor best known for his pouty portrayal of archvillain Dr. Evil’s disappointing son in the Austin Powers franchise, has become the butt… Continue reading A Bored Ape Lawsuit Won’t Set the NFT Precedent Seth Green Wants
Perhaps faster delivery times were a poor choice from a unit-economics perspective
In every startup cycle, there are attempts to get consumers goods faster than ever before, the hope being that technology has improved to the point that such deliveries are financially possible. Infamous dot-com-era flameouts are now ancient history, but they do indicate just how long founders and their backing investors have been working on the… Continue reading Perhaps faster delivery times were a poor choice from a unit-economics perspective
NVIDIA reportedly slows down hiring as it braces for a drop in gaming sales
A slowing economy continues to affect the tech industry, as NVIDIA has become one of the first chipmakers to announce a pullback on new hiring, according to memos seen by The New Indian Express and confirmed by Protocol. That lines up its comments during its latest earnings release, when it said that it expects sales of… Continue reading NVIDIA reportedly slows down hiring as it braces for a drop in gaming sales
Didi Global faces rocky path to growth after getting US delisting nod
Didi Global may have ensured its survival after winning shareholders’ nod for a U.S. stock delisting but a quick return to growth won’t be easy for the Chinese ride-hailer as it still faces regulatory scrutiny and as COVID-19 has hurt the business. Didi‘s U.S. withdrawal less than a year after its debut there is seen as an attempt to appease regulators angered by its move to push ahead with a $4.4… Continue reading Didi Global faces rocky path to growth after getting US delisting nod
Two senior Grab execs quit as company rejigs unit to stem losses
Two top executives at Grab Holdings’ fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said. Chris Yeo, who heads Grab‘s payments and rewards business and has been with the company for nearly six years, is leaving along with Jeffrey Goh, who leads the payments gateway business, the sources familiar with the matter told… Continue reading Two senior Grab execs quit as company rejigs unit to stem losses
Lyft joins Uber in cutting back on new hiring
After Uber announced that it was cutting back on hiring and other expenses due to the economic slowdown, rival Lyft is doing the same, according to The Wall Street Journal. “Given the slower than expected recovery and need to accelerate leverage in the business, we’ve made the difficult but important decision to significantly slow hiring… Continue reading Lyft joins Uber in cutting back on new hiring
Moves Raises $5M in Seed Funding
Moves, a Toronto, Canada-based provider of a banking app exclusively for gig workers, raised $5.M in Seed funding. The round was led by Omers Ventures, with participation from Panache Ventures and N49P Ventures. The company intends to use the funds to expand operations and its development efforts. Led by CEO Matthew Spoke, Moves is the… Continue reading Moves Raises $5M in Seed Funding