Uber's behavior is so against the time .. it will fall in ruin ..
Uber CEO Plays with Fire
351–360 of 529 posts
Re: Uber CEO Plays with Fire
#352Uber will fall in ruin .. people may already shorting it now ..
Re: Uber CEO Plays with Fire
#353Earlier quoted context omitted.
Flexible schedules has almost nothing to do with employees vs contractors.
It is literally one of the criteria that the IRS uses to decide whether someone is an employee or an independent contractor. From https://www.irs.gov/businesses/small-businesses-self-employe... : "In determining whether the person providing service is an employee or an independent contractor, all information that provides evidence of the degree of control and independence must be considered." One of the categories of…
It's 1 of ~20 criteria (list has changed over time), importantly they are not all weighted the same and people will always pick a few things on a list like that to support their side, but no it's no where near the most important.
EX: Using their app counts as their equipment even if you use your car. Much like using your shoes is required to work fast food not not sufficient equipment. However, it's a more balanced arrangement.
Re: Uber CEO Plays with Fire
#354Earlier quoted context omitted.
>If it's free for you, you're the product. So hypothetically, if you paid $5 a month for this service, you would be confident they were NOT selling your information? Since the answer is obviously no (and in fact, purchasing behavior is the juiciest stuff to sell, be it Comcast, Target, etc), then this tired trope is meaningless.
So hypothetically, if you paid $5 a month for this service, you would be confident they were NOT selling your information? No. A statement's truth doesn't imply its inverse [1]. It simply means if a company has employees, and they're receiving paychecks, and the money is not coming from you, then it's definitely coming from someone else. If you are giving them money, it doesn't mean they're not also getting money fro…
This is implying that you're able to prove that all free products sell/profit from your data.
Re: Uber CEO Plays with Fire
#355Earlier quoted context omitted.
I worked for a company that nearly acquired unroll.me. At the time, which was over three years ago, they had kept a copy of every single email of yours that you sent or received while a part of their service. Those emails were kept in a series of poorly secured S3 buckets. A large part of Slice buying unroll.me was for access to those email archives. Specifically, they wanted to look for keyword trends and for receip…
In terms only of capabilities, that makes me wonder a lot about Gmail. I don't see anything there that they couldn't do if they wished to do it on a far grander scale. Granted, I tend to think the people who run Gmail are more honest than that, but if someday the wrong people retired and others took over or what have you, I wonder just how suddenly that could change?
Who knows? Maybe at one point people will realize the value of local mail storage and end to end cryptography.
Re: Uber CEO Plays with Fire
#356Earlier quoted context omitted.
https://en.wiktionary.org/wiki/bury_the_lede OP is implying the "real story" (i.e. the most important part of the article) is not what the article begins with
I agree. I'm saying that the OP missed the "real story" and is focusing on one detail of it.
We're all aware of his pattern of behavior, and hope to one day see the death of Uber. However, it's not new news. That's why it's not the true lede
Re: Uber CEO Plays with Fire
#357From the article, explained: At the time, Uber was dealing with widespread account fraud in places like China, where tricksters bought stolen iPhones that were erased of their memory and resold. Some Uber drivers there would then create dozens of fake email addresses to sign up for new Uber rider accounts attached to each phone, and request rides from those phones, which they would then accept. Since Uber was handing…
Having looked through Uber's iOS app pretty extensively - that fingerprint methodology is easy to bypass.
Re: Uber CEO Plays with Fire
#358Earlier quoted context omitted.
OK, but that's different from tracking people after they've deleted the app .
I'm genuinely curious how that would even work on the technical level. As an app developer, I'm not making the connection here as to how iOS would even allow that. Edit: Read up a bit more on it. Turns out it was the practice of fingerprinting and tracking after re-installs, not after an uninstall. TechCrunch provided a better technical description: https://techcrunch.com/2017/04/23/uber-responds-to-report-th...
To me it seems like this is mischaracterized to make it sound worse than it is. Can someone explain why people are making a big deal about this practice?
Re: Uber CEO Plays with Fire
#359Earlier quoted context omitted.
Your optimism is refreshing. The only way Uber makes sense is if they get a monopoly. Uber has been trying to make sure no other company can be profitable by subsidizing rides to unsustainably low prices, in the hope they are the last company standing.
All the companies subsidize rides, including Lyft and Didi. No company would willingly do it if the others didn't do it as well, except maybe to increase market liquidity as the market maker. Why single out Uber when all the companies in this space are doing the exact same?
Because Uber is the market leader, with the most investment, and with the largest subsidies. Given your short posting history's unusual interest in Uber stories you probably know about that already.
Re: Uber CEO Plays with Fire
#360I don't know but Uber has proven to be a shinny example of a ponzy scheme within a larger ponzy scheme. They will never be profitable, Burning billions, so is the case with Careem whom I met, and their staff was at loss to tell how this is a viable business to run. They disrupted taxi drivers, making good earnings. They benefited a lot to consumers eliminating overcharging by common taxi drivers. But as an entreprene…
Hard to imagine how they won't be profitable. The cost of providing the service is pennies and they get dollars per transaction.
But then shouldn't they be profitable already? How are they losing multiple billions per year if they're profitable per unit.
If the answer is they need to raise prices and/or reduce the drivers' cut, how will they be better than the taxi services they're replacing? Many taxi services up here in Canada already have apps that are close to on par with what Uber offers.