The UK stopped asking Uber to pay VAT on the full cost of rides, instead collecting VAT only on its commission, after a setback in a similar dispute with Bolt
Financial Times : X: @stephenfoley and @science1090 X: Stephen Foley / @stephenfoley : Uber wins multimillion-pound reprieve on disputed UK tax payments. Story with @rafeuddin_ & @EmmaAgyemang on HMR...
Sources: Lyft plans to lay off 1,200+, or 30%+ of its 4,000+ staff, days after its new CEO took over, aiming to cut its costs by 50%; Lyft cut ~700 jobs in 2022
at least 30% of its staff. It's struggling to keep up with Uber. Lynn Doan / Fortune : ‘We need to bring our costs down’: Lyft plans to slash another 1,200 jobs after losing ground to rival Uber and s...
Some US auditors say FTX's collapse has led them to designate crypto clients as “high risk”, resulting in longer audits, higher fees, or dropping clients
Stephen Foley / Financial Times : Tweets: @jaypinho , @mayazi , @ian_fraser , and @bitfinexed Tweets: Jay Pinho / @jaypinho : Reminder: on July 8th @paoloardoino claimed Tether hadn't completed its l...
Asset management company BlackRock acquires automated wealth management startup FutureAdvisor
Five years ago FutureAdvisor set … Leena Rao / Fortune : Blackrock buys a robo advisor Ian Kar / Quartz : BlackRock's FutureAdvisor acquisition is a ringing endorsement of robo-advising Stephen Foley ...