Category: Finance
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Uber ordered to pay up $10 million
Uber has been ordered to pay at least $10 million to settle a lawsuit accusing the company of misleading customers about the safety of its service. Foremost in this lawsuit was the accusation that Uber’s background checks on its drivers were not as thorough as advertised to customers. The conclusion of the lawsuit “sends…
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Slack just raised another $US200 million
Everyone’s favourite office messenger app Slack have announced that they just raised $US200 million at a $US3.8 billion post-money valuation. With investors like Thrive Capital, Accel and Index Ventures, the company’s total funding now sits at a whopping $US540 million. Not bad for a company that gained success after failing as a video game business.…
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5 tips to get investors for your business
Your startup is going well so far but it’s time to expand and the only way to do that is get investors involved. You might have the best business in the world but without the right approach it’s still easy to get knocked back. A well-honed plan can go a long way in successfully convincing…
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Microfinance: From Empowerment To Tragedy
Microfinance has been dubbed a method of empowerment in impoverished communities. With the backing of many leaders including India’s Prime Minister Narendra Modi, it is a financing movement that has taken off. Micro financing aims to give small sums of money in banker’s terms to individual people for small business ventures. Over the past few…
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Flight Centre help 2500 redundant Dick Smith employees
Human Resources director for Flight Centre Travel Group, Carol Cooper, announced that Dick Smith employees facing redundancy would get through to the final stage of the travel agency’s recruitment process. Dick Smith announced their closure last week, which will result in 2,460 job losses over the next eight weeks. A letter obtained by Business Insider…
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Global stocks enter a bear market
Australia has woken up to a bear market. On Thursday, the MSCI all-country world index closed down 20% from its recent high, putting the global share market into a bear market. In Australia, the S&P/ASX 200 index broke through a key support level of 4800, eventually falling to 4706.7 — placing the index in a…
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Benefits To a Commission-Based Job
When you’re a commission based worker, receiving your paycheck at the end of the week can be scary if you’re not sure how well your week went. However, if selling is a talent of yours then they can be very rewarding and enjoyable. It’s also crucial to consider a few things first to make sure…
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Apple Watch owns 50% Market Share
New figures from Juniper Research Group have shown that the Apple watch not only is leading the wearables market, but completely dominating the space. Juniper Research have revealed that the tech giant has seized over 50% market share since launching the Apple Watch in April of 2015. The research also shows that the market domination is coupled by…