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Uber Drivers and Other Gig Economy Workers Are Earning Half What They Did Five Years Ago

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According to a new study through the JPMorgan Chase Instittue, drivers who delivery other folks by the use of apps (e.g. Uber, Lyft, Uber Eats, Postmates) made 53 percent less in 2017 than they did in 2013. Recode stories: The reasonable per 30 days bills to people who labored for …

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Greece Uses High-Tech Drones To Fight Tax Evasion In Holiday Hotspots

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Greece is reportedly using drones to fly over boats running day trips on the Aegean so that you could crack down on rampant tax evasion at vacation hotspots. Channel NewsAsia reviews: With the black economic system via some accounts representing a few quarter of nationwide output in a rustic which …

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Box-Office Giant Ticketmaster Recruits Pros For Secret Scalper Program

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Box-office massive Ticketmaster is recruiting skilled scalpers who cheat its personal device to amplify its resale trade and squeeze extra money out of lovers, a CBC News/Toronto Star investigation finds. The file provides: In July, the inside track retailers despatched a couple of newshounds undercover to Ticket Summit 2018, a …

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EU Drops Court Case After Apple Repays More Than $16 Billion In Taxes and Interest To Ireland

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“Ireland’s govt has fully recovered more than [$16 billion] in disputed taxes and interest from Apple, which it is going to hang in an escrow fund pending its attraction in opposition to a European Union tax ruling,” stories The Guardian. From the file: The European fee ruled in August 2016 …

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Saudi Arabia Invests $1 Billion In Potential Tesla Rival

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Saudi Arabia is investing more than $1 billion in Lucid Motors, an electrical automotive startup that can provide Tesla a run for his or her cash. CNN experiences: Lucid is making plans a brand new high-performance electrical automotive. It mentioned the funding from Saudi Arabia’s sovereign wealth fund introduced Monday …

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Is Tech Billionaires’ Educational Philanthropy a Bug Or a Feature?

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Is it being executed purely to supply instructional alternatives for no matter path in lifestyles the coed is concerned with, or is it simplest to make excellent little staff for whoever (Bezos, on this case) is footing the invoice? Beware the Privatization of Education, lest we finally end up with …

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Citing ‘Moral Requirement To Make Money’, Pharma CEO Jacks Drug Price 400%

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The leader government of a small pharmaceutical corporate defended mountaineering the cost of an crucial antibiotic through greater than 400 % and informed the Financial Times that he thinks “it is a moral requirement to make money when you can.” From a document: Nirmal Mulye, CEO of the small Missouri-based …

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Swiss Village Votes for Free Money. Now It Just Needs the Cash

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A village in Switzerland has made up our minds to move forward with an experiment on elementary source of revenue, with a payout of two,500 francs ($2,570) monthly. The subsequent step is to lift cash to finance the plan by the use of crowdfunding. From a file: More than 50 …

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New York State Approves Two Dollar-based Cryptocurrencies

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Today, New York authorized the primary virtual currencies which might be tied to the USA buck, referred to as “stablecoins.” From a file: These cryptocurrencies keep away from the cost volatility in their brethren by way of being pegged to solid belongings. The virtual currencies in query, from Gemini Trust …

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