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Torsten Kunert, aka the “Rideshare Professor”, Joins Local Driver Co-op as CEO of the Federation, Where Drivers Receive 90% of the Revenue and Equity

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Torsten Kunert, CEO of Local Driver Co-op

(Source: https://www.marketwatch.com/press-release/torsten-kunert-aka-the-rideshare-professor-joins-local-driver-co-op-as-ceo-of-the-federation-where-drivers-receive-90-of-the-revenue-and-equity-2020-02-25) Feb 25, 2020 (Investing Alerts) — (Los Angeles, California) Local Driver Co-op is excited to announce the appointment of Torsten Kunert as CEO of the global federation that will seed and deploy locally-owned driver cooperatives in each city. Local Driver Co-op (www.LocalDriver.Coop) is a cooperative that has been established to address the massive […]

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Small businesses need to empower one another in ecommerce: Direct Global / Direct Co-ops CEO

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Direct Global has plans to launch an app to help mom-and-pop shops compete against Amazon and other online retailers. The company’s CEO, Ahmed Attia, joined BNN Bloomberg to share his thoughts on Direct Global’s future within ecommerce. Watch now: https://www.bnnbloomberg.ca/video/small-businesses-need-to-empower-one-another-in-ecommerce-direct-global-ceo~1862938

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Maybe We’re Not All Going to Be Gig Economy Workers After All

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(Source: https://www.nytimes.com/2019/09/15/upshot/gig-economy-limits-labor-market-uber-california.html?fbclid=IwAR2-j0Uv4ji5WWOH7UglfVXeaWKNBDNagMvWeLDzL5WFrEfhejyDmusn6pU) Companies like Uber are hitting the turbulence of government regulation, worker resistance and labor market reality. Not too long ago, the “gig economy” looked as if it just might be the future of work in America. The rapid rise of digital platforms that let people earn money by driving passengers, delivering groceries, walking dogs or […]

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We’re All Killing Uber Just By Using It

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(Source: https://www.vice.com/en_au/article/zmjew8/were-all-killing-uber-just-by-using-it) Uber lost another $5.2 billion this quarter and continues to lose money. For now, we’re just getting subsidized rides from Silicon Valley investors. Uber just reported that in the past three months, it lost $5.2 billion (BILLION!!). As the business press spills black ink explaining away Uber’s red ink, this is a good […]