THE NEWS WRAP: London black cab drivers take to the streets to protest Uber
Wednesday, June 11, 2014/
Thousands of black cab drivers in London have protested against technology-enabled taxi services such as Uber.
They are upset that Uber allows its users to call a cab with their mobile phone and the fare is worked out using a mobile phone and GPS.
Cabbies compare this to a taximeter, which legally only black cabs are allowed to use in London.
The protests come just as Uber launches UberTAXI in London, which is open for black-taxi drivers to use unlike its uberX, EXEC and LUX services.
Amazon has another supplier confrontation
Amazon is refusing to sell upcoming Warner Home Video features as part of its effort to gain leverage in a confrontation with a supplier.
In a standoff with Hachette Book Group, Amazon is refusing to take advance orders and delaying shipments.
The two are currently negotiating e-book terms.
Apple tax schemes under investigation
European authorities have launched a probe into whether Apple’s corporate income tax arrangements in Ireland are legal, or whether they qualify as unlawful state aid.
Ireland is the base of choice for many large tech companies’ international operations because of a low corporate tax rate and other favourable laws.
The Dow Jones Industrial Average is down 102.04 to 16,853.88. The Australian dollar is currently trading at US94 cents.
Be honest about your situation: How vulnerability helps businesses thrive Sue Parker DARE Group founder
Own it: The 10 things you need to do to manage your personal brand Lisa Stephenson Who Am I Projects founder
Six invaluable lessons: What 20 years in aged care taught me about being an entrepreneur Natasha Chadwick NewDirection Care founder
An entrepreneurial superpower: Eight tips to help develop resilience Adala Bolto ZADI Training co-founder
Going through a lull? Five areas you should invest in when sales drop Tamara Alaveras and Sonia Majkic 3 Phase Marketing co-founders
Stop telling us how busy you are, it's boring and charmless Ian Whitworth Scene Change co-founder
Blandification™ and the state of modern branding Jeffrey Oley The Offices co-founder
Why you should find the right role for the right person — not the other way around Bruce Stronge Outfit founder