Coronavirus: Uber Lays Off 14 Percent of Workforce
Ride-sharing giant Uber has announced that it will be laying off 3,700 employees, or around 14 percent of its workforce, due to the drop in its business suffered during the Chinese virus pandemic.
Jim Chanos
Jim Chanos: Gig Economy Companies Like Uber ‘Harmed, Not Enhanced’ by Chinese Virus Pandemic
In a recent interview, billionaire short-seller Jim Chanos stated that gig economy companies such as Uber will be “harmed, not enhanced” by the Wuhan coronavirus pandemic.
Former VA Secretary David Shulkin Attends Biden Fundraiser
President Donald Trump’s former Veterans Affairs Secretary, David Shulkin, attended a campaign fundraiser for 2020 Democrat frontrunner and former Vice President Joe Biden in New York City on Monday, according to a report.
Real Life ‘Big Short’ Investor Is Now Betting Against Tesla
Steve Eisman, the investor who inspired the Hollywood flick, The Big Short, is now betting against Elon Musk’s Tesla.
Steve “Big Short” Eisman Is Shorting Tesla
“He’s nowhere in autonomous driving, as far as I can tell, and big competition is coming in his space next year,” Eisenman told Bloomberg.
Jim Chanos Slams Elon Musk for Over-Promising on Tesla
Jim Chanos of Kynikos Associates criticised Elon Musk for consistently over-promising in relation to Tesla in a recent interview.
Tesla CEO Elon Musk Spends His Free Time Attacking Journalists on Twitter
Most people would assume that Tesla and SpaceX CEO Elon Musk would be extremely busy attempting to manage multiple companies effectively, but Musk still finds the time to attack journalists critical of his work on Twitter.
