Phillip Tracy, tech writer for The Daily Dot, discusses the feud between MIT and Uber after the school released a report saying Uber drivers were severely underpaid. MIT has since admitted it made mistakes during the study.
Tracy explains after MIT made corrections to its methodology, it showed the original report underestimated wages by about 50%. However, more than half of Uber drivers still make less than minimum wage.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.