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This is more of a case of Uber trying to take advantage of Supply and Demand rather than taking advantage of their customers. There is nothing Randian about this @paulcarr
1 year, 4 months ago on As NY floods, “Robin Hood” Uber robs from the rich and… Nope, that’s about it
Was the Uber PR backlash just a case of people misunderstanding basic supply and demand economics or was it a cold calculated attempt at price gouging?
1 year, 4 months ago on Uber reverts back to surge pricing in New York
@BrianRamsay1 Exactly. Apple is in business to maximize its profits by utilizing every tool available to them. This is done by thousands of other companies all over the US. Apple falls under the spotlight because it is a hugely admired company.
1 year, 10 months ago on How Apple Avoids Billions in Taxes
In my opinion, Microsoft got the best acquisition today. The patents can be used defensively for Facebook's suit against Yahoo as well as defend their existing assets. Facebook's acqui-hire of Instagram was a good augmentation to their existing photo sharing features, but without deeper integration, it is not as impactfull as it could be. However, AOL was the big winner, as they get a billion dollars of cash, the cash isn't taxed, and they still get to use the patents after they sell them to Microsoft.
1 year, 11 months ago on In Other News, AOL’s Stock is Actually Way Up