To settle a class action suit, Uber agreed to pay ~$178M to compensate taxi drivers in Australia who claimed they lost income when Uber entered the local market (Angus Whitley/Bloomberg)

Angus Whitley / Bloomberg:

To settle a class action suit, Uber agreed to pay ~$178M to compensate taxi drivers in Australia who claimed they lost income when Uber entered the local market  —  Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost income …