Eirini Kanellidi

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Uber touts corporate policy to offer felons a second chance

The operator behind the wheel of a self-driving Uber vehicle that hit and killed a woman in Tempe served almost four years in an Arizona prison.

Regulation

Uber’s need for self-driving cars before running out of money may endanger the entire industry – Quartz

Many companies are pursuing self-driving cars, but only one is on a deadline to make it work before it runs out of cash: Uber.<p>The ride-sharing company was the first to deploy self-driving cars on pubic roads (Pittsburgh, Pennsylvania, in late 2016), and is now the first to record a fatal accident. …

Autonomous Cars

Op-ed: The case for an Uber cap

New York City is paying too high a price to have so many drivers at riders' disposal<p>On Feb. 5, livery cab driver Douglas Schifter posted on Facebook …

Even female Uber drivers get paid less

Male Uber drivers make 7 percent more per hour than women.<p>Male Uber drivers get paid 7 percent more than their female counterparts in the U.S., according to a new study (pdf) by Uber, Stanford and University of Chicago economists.<p>That’s surprising, because Uber’s driver assignments and pay are …

Autonomous Cars

To Measure the 'Uber Effect,' Cities Get Creative

Ride-hailing companies are cagey on all-important trip data. So researchers are finding clever workarounds.<p>They’d cut back on traffic, ease air pollution, and complement public transit. Or so they said.<p>But the effects of Uber, Lyft, and other transportation network companies (“TNCs,” in wonk-speak) …

This Woman’s "Nightmare" Uber Ride Was Probably Worse Than Yours

This Woman’s “Nightmare” Uber Ride Was Probably Worse Than Yours<p>The driver has been suspended. Here’s why.<p>By ·<p>Left: Abington’s Carla Guzman. Right: …

Crime

Court fines Danish Uber driver half a million kroner

One of the men received a fine of 486,500 kroner (65,300 euros) for 5,428 Uber journeys in 2015. The others received fines of 110,000 kroner (14,700 …

Judiciary

Yanis Varoufakis: 'Bitcoin is the perfect bubble, but blockchain is a remarkable solution'

When I first met Yanis Varoufakis in the summer of 2014, he was a highly respected but relatively obscure economist. Back then, the price of one …

Bad Uber driver gets pulled over, tries to impersonate a federal officer: cops

A disgraced correction officer who took up work as an Uber driver was nabbed for pretending to be a federal officer, Port Authority cops said …

Uber faces new lawsuit by female passengers alleging rape

Two women say the ride-hailing company hasn't done enough to protect riders from sexual assault by drivers.<p>Another lawsuit alleging rape has been filed against Uber.<p>This time the complaint comes from two women seeking class-action status for the suit on behalf of all "female riders that have …

Sexual Harassment

Uber ad illustrates the problem with Uber

Company’s “boxes” advertisement bemoans traffic created by cars<p>Ride-hailing outfit Uber released an ad that might have the unintended bug of pointing out exactly why so many city dwellers are so peeved at the San Francisco-based company.<p>The 80-second long piece titled “Boxes,” created by Swedish ad …

How to Build the Best Marketing Strategy You Can Using Only Free Tools

With what is available for free, there has never been a better time to bootstrap a startup.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>As an entrepreneur, it is more important than ever for you to create an efficient marketing strategy. Because startups often have low budgets, …

Marketing

Uber is watching your smartphone's battery charge

Browser vendors' Battery API deprecation can't come soon enoughBrowser authors are abandoning the invasive Battery API W3C specification, but not …

Behavior

33 unique ways to use concrete stylishly in your home

If you thought that concrete was just grey, dull and uninspiring, prepare to have your mind blown!<p>Far more refined and stylish than you ever thought …

Landscaping

SCORECARD: These are the hedge funds that are killing it this year

It's been a terrible start to the year for hedge funds, with stock, bond and commodities markets all getting beat up.<p>The average hedge fund is down 3.85%, according to Hedge Fund Research. Many are already suffering double-digit losses. It follows a terrible 2015 when the average fund fell …

Investing

Italy is set up for a showdown with the European Union

A year ago, Italy was widely thought to be on the right path by EU leaders.<p>Matteo Renzi, a member of the Democratic Party appointed as Prime Minister, was going forward with his reformist agenda, including a labor reform and an overhaul of the Italian electoral and constitutional laws to put an end …

Europe

1987 All Over Again?

So far in 2016, markets across the world are plunging and forecasting a global recession and bear market for stocks. The broad based selling and bearish action we are seeing across a slew of asset classes tells us the long 6.75 year bull market for stocks is over and we are in the early stages of a …

Stock Markets

Tim Cook is sitting on $310M of unvested Apple stock, at today’s market value

A regulatory filing from Apple on Wednesday revealed that CEO Tim Cook earned just $10.3 million in 2015, versus about $25 million for Apple’s other executives. Meanwhile, as of September 26, Cook is sitting on unvested Apple stock worth about $310 million, based on today’s trading price of around …

GlaxoSmithKline should be split, star investor Woodford says

<b>The UK's biggest drugs company should be split up, says one of Britain's most successful and influential investors.</b><p>Neil Woodford said GlaxoSmithKline needs radical restructuring.<p>The founder of Woodford Investment Management said GSK should be divided into separate companies, rather than run as a …

Interest Rates

What the Trans-Pacific Partnership Means For Investing In Vietnam

In case you’ve been living under a rock for the past few days, the details of the proposed Trans-Pacific Partnership (TPP) were finally revealed. What is the TPP? It’s a colossal trade agreement (one of the biggest in decades) among 12 nations, including the U.S., Japan, Australia, New Zealand, …

Globalization

Buffett's firm doubles its quarterly profit on Kraft Heinz merger

Berkshire Hathaway Inc.'s third-quarter profit more than doubled as the completion of the Kraft-Heinz merger boosted the value of its stake in the food giant.<p>The conglomerate<p>Warren Buffettleads said it earned $9.4 billion, or $5,737 per Class A share. That's up from $4.6 billion, or $2,811 per …

9 Billionaires Who Plan to Give Away the Majority of Their Fortunes

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The 13 richest countries where people have the least trust in their politicians

One of these is how much the public trusts its politicians.<p>The WEF used its executive opinion survey to ask "in your country, how do you rate the ethical standards of politicians?"<p>A score of 1 equates to "extremely low" while a rating of 7 is "extremely high."<p>The measure is therefore based on the …

Europe

Buffett, Soros, Icahn: America's 20 Richest Investors And How They Got Here

Almost a quarter of the 400 names on the Forbes list of richest Americans work in investing and finance. Hedge fund titans, private equity stars, money management masterminds and investment gurus all but dominate the list.<p>At the top of this powerful group is–no surprise–Warren Buffett. The Omaha, …

Investing

Soros has ditched most of his Alibaba stock

In its quarterly statement to the US Securities and Exchange Commission, Soros Funds Management said that as of June 30, it had sold all but nearly 60,000 Alibaba shares, valued at $4.88 million.<p>At the end of March, the fund still had 4.4 million shares valued at nearly $370 million.<p>Similarly, the …

Wall Street

Alphabet is bringing Google up to date on corporate legal tricks

Is the reorganization about startups or shell companies?<p>As of this week, Google is transforming into Alphabet, a vast holding company that will contain core products like Search and Android under the Google name, alongside newer ventures like Fiber and Loon.<p>The shakeup has already been hailed as a …

Disney World

Tesla to Raise $500 Million in Stock Sale

Financing to help pay for new vehicle launch and factory; CEO Musk to buy $20 million<p>Tesla Motors Inc. proposed to sell $500 million worth of shares in a new round of fundraising that suggests the cost of disrupting the global auto industry with its pricey electric vehicles is more expensive than …

Tesla