business

Uber CEO Kalanick resigns under investor pressure

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By TOM KRISHER

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Epitomises the morals and the economic uselessness of the "new economy".  Never made any money, taking work away from lots of folks trying to earn a crust (i.e. taxi drivers), flouts the law at will, both in terms of their service as well as the way they treat staff.  I never use Uber on principle.  And think that the folks who have sunk billions in Uber (58 billion USD valuation) will end up losing a ton of money.

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