News

Would you take $550 a month from Lyft to ditch your car?

Uber and Lyft have famously destroyed the taxi industry by enabling anyone with a not-too-beat-up Toyota Corolla to start carrying passengers for money. But it’s also no secret that down the line, both companies want to challenge traditional car ownership as a concept. For Uber, that means heavy investment (by whatever means!) in autonomous vehicles. For Lyft, that means a publicity stunt that will give 100 individuals in Chicago $550 a month in transport credits to give up their personal vehicle.

08.17.2018 17:39 read more...


Google’s location tracking could earn it yet another record fine from the EU

Google has been dealt two huge blows in Europe in recent years, where antitrust investigations have ruled the company abused is position in search as well as in the mobile market. The company received two record fines as a result, which added up to more than €6.74 billion ($7.66 billion). On top of that, a third investigation is in the works and could bring over additional fines. A few days ago, an Associated Press investigation found that location tracking isn’t disabled when you think you’ve “paused” it because tracking continues in various Google apps, including Maps, Search, and others, regardless of your Location History setting. There’s one way to try to stop Google’s tracking, but that involves going into your Google account’s settings to make sure your web and other activity aren’t tracked. That solution isn’t exactly clear to the user, especially if one believes that simply pausing tracking is enough to prevent it.
08.17.2018 17:14 read more...


Investors are tired of Uber losing money on self-driving cars

The amount Uber has spent on its self-driving car unit — between $125 million and $200 million a quarter over the past 18 months — equals between 15% and 30% of the company’s quarterly losses, reports The Information. The revelation shows how costly the unit is for Uber. CEO Dara Khosrowshahi is facing pressure from some investors who think the costly unit should be divested. Over the past three years, Uber has spent at least $2 billion in the unit. 
08.17.2018 17:08 read more...


FDA Approves First Contraceptive Mobile App

An app that tracks women’s fertility cycles gained approval from the U.S. Food and Drug Administration as a contraceptive. Natural Cycles uses a woman’s body temperature to tell her when she isn’t fertile. The process known as “fertility awareness” or the “rhythm method” has been used for decades but has generally not been recommended by medical professionals. The app, which is reportedly used by 900,000 people, claims to have a 93% effectiveness. Natural Cycles was already certified in the EU.
08.17.2018 17:04 read more...


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News
02.10.18
Venture and growth investors are doing a lot to speed up the rise of these worker-bots. So far this year, they’ve poured hundreds of millions into developers of robotic process automation technology, the term to describe software used for performing a series of tasks previously carried out by humans.
02.10.18

What if blockchain turned out to be just what emerging economies were after?

 

02.10.18

While Clinton certainly did not appear to be a Shingy-esque blockchain evangelist onstage, he delivered a targeted amount of enthusiasm about new technologies like blockchain and artificial intelligence in enhancing accessibility and shaping the country’s economic future.

02.10.18
It might be the only way we can break Facebook’s hold on our lives, it could cement Apple’s reputation as a privacy-minded service provider, and more importantly, it wouldn’t be that hard to get people to use it.
02.10.18
Instagram’s co-founders announced that Adam Mosseri, the platform’s vice president of product, is now in charge. Mosseri will oversee all functions of the business and recruit a new executive team, Kevin Systrom and Mike Krieger said in a statement. The co-founders announced their departure last week — more than six years after Facebook purchased the company for $1 billion. “We remain excited for the future of Instagram in the coming years as we transition from being leaders at Instagram to being just two users in a billion,” said Systrom and Krieger.
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