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Comment Re:What the hell is Uber doing with their money? (Score 1) 91

Can someone explain how Uber is losing money? .

It's simple. They subsidize the rides so that we continue to take them. It's incredibly hard to hold onto market share, since anyone can burn $$ to attract customers.

In London, as an example, Uber had become semi-dominant. But now there's Bolt, Ola, Free Now, not to mention older ones like AddLee and the famous black cabs. Without subsidising Uber rides, I'm not taking them. When I'm getting 50% discounts, it's not the driver giving me a freebie, it's Uber burning investor money to attract me.

Comment True, Apple really does have the market power (Score 1) 29

The weirdest part of the whole process is that it is the company that is paying the $8-12 Billion that's being called the monopoly, as opposed to the company that's demanding $8-12 Billion to put them as the default search engine. With the exact same evidence and chain of thought, doesn't this actually mean Apple is the one with the market power here?

I don't remember Microsoft paying HP billions to choose IE as its browser - it was shoved down their throat, like a good little monopoly should.

Comment Re: It wasn't false (Score 1) 417

Leaving aside the fact that there aren't very many kings in other western nations either, I think the argument is that now any treaty, strategy or alliance would be torn up just because the previous administration happened to be the ones who did it. This means a lack of continuity is to be expected, and becoming more common, rather than something that happens as an exception. And this means, naturally, that nobody would be incentivised to do a deal or treaty because it comes with a short term expiration date attached.

Comment Re:Who said Twitter has no bias? (Score 1) 468

But above all, you're missing the larger point, which is that lumping together everyone on the other side of the line, whether they be just a shade over or the most extreme, is a really terrible political strategy (doesn't matter if you lean left or right). It all but guarantees that nothing gets done. If you want to win elections and steer the country, then a far better strategy is to move from "you voted for candidate X? You are by definition evil/stupid! There is nothing more to say!" to "wow, the extremes are nutty! Forget 'left'and 'right', let's form a coalition made up of even-keeled people".

This is a winning strategy, but will always be beyond your reach as long as you continue with your present mode of thinking.

Completely agree with the sentiment here, though it fails the reality test. Which is probably why Obama won with it. However he got demonized by a large majority on the right on pretty much every issue, which tried to paint his Reaganite ideas as "far left". FWIW Hillary tried the same approach and failed (I know I know, people hated here for something evil she had done).

Also may I point to the current president, and a large number of Senators, who played the exact opposite strategy, of constantly repeating the other side is "by definition evil/stupid", and won handily.

Comment Re:absolutely pointless program (Score 1) 320

Fair enough on the points based system. It's pretty screwed up in its implementation in UK at least (don't know about Oz/ Canada), but still pretty sensible insofar as transparency is concerned.

The investor visa and employee visa usually don't get awarded to your own startup. FWIW the CEOs I know who're here to run their startups are either on L-1 or E-1.

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