Phillip Tracy, tech writer for The Daily Dot, discusses the feud between MIT and Uber after the school released a report saying Uber drivers were severely underpaid. MIT has since admitted it made mistakes during the study. Tracy explains after MIT made corrections to its methodology, it showed the original report underestimated wages by about 50%. However, more than half of Uber drivers still make less than minimum wage.

Share:
More In Business
The Pros and Cons of Investing in REITs
About 45% of American households invest in REITs. Jeremy Pagan, research analyst with Morningstar Inc., joined Cheddar News to explain the pros and cons of investing in REITs.
The Fate of TikTok in the U.S.
A Republican-led House panel voted to advance a bill that would give President Joe Biden the power to ban TikTok. Chris Pierson, the founder and CEO of BlackCloak, joined Cheddar News to discuss how the process could affect other businesses.
Understanding Same Day Options
Arianne Adams, Head of Derivatives and Global Client Services at CBOE, joins Cheddar News to break down what exactly same day options are, how they are traded, the benefits of same day options, and so much more.
Load More