Uber’s got 99 problems and a potential $500m loss is one šŸ˜±

Before we get into today’s gist, I’ve been getting messages saying “Tomi from Trove doesn’t check on me again.” Oh come on!! You know that ainā€™t true?! How can I not check on you? I no fit

Oya sorry. How are you? Wazzup?!?

Iā€™d like you to know that I’ll never be too busy not to check on you. Wanna know why? Becauseeeee youā€™re the bestest thing sinceeeee *drum roll* sliced breadddddd. Okay, I joke too much but really, not just because you’re a user but more importantly because you chose to be a part of what we’re buildingā€¦ and that makes you a special one!

By now, you should know our team strives to serve you better, so please feel free to reach out to our team via our in-app chat to get any questions promptly answered.

Now onto the juice of the day! Coming through like bang dada dang!

Lamborghini Mercy

Oopsā€¦ Not Kanye? Not why weā€™re here? Sigh.

Would you have imagined a rise in sales of super pricey vehicles during the lockdown? E shock you too? I mean, who you tryna impress, fam? Where did they even drive to?? High-key though, Lamborghini said it recorded its highest profit ever in the company’s history in 2020. Ameannnnn! Come on, Lambo!!! The firm, owned by Volkswagen, said its performance was fueled by demand in China, which is set to overtake Germany as its second largest market this year for the first time. Earnings were also boosted by strong income from its ā€œlimited special seriesā€ models. God when??? Although the company sold 7,430 cars globally in 2020, a number lower than what was sold in 2019, the company recorded a higher profit in 2020 from the sales of its expensive and customized supercars.

Make it make senseā€¦ 

Uber and its drivers 

Still talking cars. Over 70,000 Uber drivers will now be classified as workers of the company. Yay for the social causeā€¦ but what does this mean for the company? This means that drivers will be entitled to a minimum wage, sick pay, pension plan and even holidays. Why, you may ask? Great question. Last month, Uber lost in the UK’s Supreme Court and the terms of the outcome means that the company might lose over $500 million to this new development. 

…somebody say a prayer
Yes, for the sharing car hailing company. Uber’s leadership team right now: 

Ready? Set. Fly. But. Say Goodbye to $free.99 Plane Tickets.

Yes, vaccinations are in. Covid has been shown the door. Pack your bags, Mr. Covid-19. Please make your way outta our lives. The airports are pouring with folks just hitchhiking the not so free ā€˜ridesā€™ …and some, ā€œjust to get away.ā€  Thinking about finally nailing that awol? Yea, you and everybody else, yo. Many of us have been cooped up for the past year, but not anymore! We are hitting the road and taking to the skies, as more people get vaccinated against Covid-19. Last week, President Biden said all American adults will be eligible for a vaccine by May. Yay!! Invariably, folks are excited at the thought of some level of normalcy and so are airlines and hotels. They are ready to cashapp…cashout! Travel-search for summer travel is said to have been up 27% each week since Bidenā€™s announcement and by comparison, accompanying airfares for top 100 most-searched U.S. destinations are up 7% month-over-month.

Patagonia, Seychelles, Monaco? Any takers? Letā€™s get it!

Yet Another Oil Saga in Nigeria

On Wednesday, an Italian court acquitted Royal Dutch Shell and Italyā€™s Eni of $1.1 Billion (920 million Euro) of corruption in one of the oil industryā€™s biggest court cases centered around the acquisition of a Nigerian oilfield in 2011.”After almost three years of trial, the judgment by the court has finally established that the company, the CEO, Claudio Descalzi and the management involved in the proceedings have all behaved in a lawful and correct manner,” Eni said in a statement. In 2011, Eni and Shell paid $1.3 billion dollars for a license on OPL 245, a giant Nigerian offshore oilfield estimated to hold nine billion barrels of crude. The money was paid to the Nigerian government, but Italian prosecutors believed that $1.1 billion ended in the pockets of Nigerian politicians and middlemen, including former oil minister Dan Etete.

*fadinggggg* I canā€™t breathā€¦

There you have it!

Any topics we didnā€™t touch on? What would you like to have us write about? Hit us up via any of the contact us channels listed below and weā€™d loveee to have your thoughts!Ā 

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The Only Wayā€¦ Is Up.
Donā€™t. Be. Caught. Unfresh.

XOXO

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