Uber CEO to Step Down From Trump Advisory Council

The transcript discusses Uber's controversial decision to continue operations during a taxi strike at JFK, which led to public backlash. The CEO's involvement in Trump's Advisory Council is examined, highlighting the PR costs and public reactions. The role of CEOs on the council and Uber's regulatory challenges are also explored, emphasizing the importance of maintaining good relations with cities and states.

What was one of the main reasons for the backlash against Uber during the taxi strike at JFK?

• Uber reduced its fares during the strike.

• Uber's drivers went on strike.

• Uber continued to send cars to JFK during the strike.

• Uber's CEO was not on Trump's Advisory Council.

Why did Uber's CEO consider staying on Trump's Advisory Council?

• To improve relations with drivers.

• To support the taxi strike.

• To have a seat at the table for important discussions.

• To avoid any PR costs.

What potential future issue was Uber concerned about while on the Advisory Council?

• An increase in taxi regulations.

• A decrease in ride-sharing demand.

• A rise in fuel prices.

• A new executive order on LGBT rights.

Why is the regulatory environment particularly important for Uber?

• It determines their marketing campaigns.

• It impacts their relations with drivers and cities.

• It influences their partnership with other companies.

• It affects their pricing strategy.

What role did Uber hope to play in discussions about driverless cars?

• To have a significant influence on the regulations.

• To oppose the development of driverless cars.

• To avoid any involvement in the discussions.

• To lead the development of new regulations.