Viewsroom: Ultimate Fighting, Uber drivers and fintech

May 12, 2016

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Mixed martial arts’ premier promoter may be on the block for as much as $4 billion, putting it in some pricey company. Live sports events are what TV and cable viewers most want to see, though, and therein lies a lesson for the likes of fading ESPN and parent Disney.

Uber drivers, meanwhile, scored a win in New York, where the ride hailing service blessed their affiliation with a labor union that could help them negotiate better benefits. And in California, legal documents revealed how much Uber might have owed drivers if they had won their lawsuit to be treated as employees. The numbers make a $100 million settlement look like peanuts.

Finally, alternative lenders may face more regulation in the wake of a kerfuffle at Lending Club that cost the company’s boss his job. Fortunately for them, Washington watchdogs can’t seem to do much more than study the issue.

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