Uber's future prospects depend on doubling fares and halving drivers' pay, or replacing them all with self-driving cars that won't exist for years. What could go wrong?
Experts are hitting the brakes on Uber's trading debut. The ride-hailing company's highly anticipated initial public offering failed to impress investors on Friday, with the stock pricing at the low end of its previously stated range and shedding more than 7% near the end of the session. Market watchers were largely bearish on the IPO, citing Uber's past issues with its culture and corporate governance.
A Charleston man was charged with fraud this week [justice.gov] after investigators unraveled an elaborate scheme to take control of IP addresses. More than 750,000 were snagged, reports the BBC, then sold on. The US Department of Justice claims that Mr Golestan “fraudulently” won control of the net addresses by using many different shell companies. […]
In this interesting post from 2015—getting a viral second wind—Alex Danco offers a model to understand how the “middle ground” of interest in things is fading. That’s the normal distribution, the traditional bell curve that suggests the best place to make your business is at a middle optimum of scale and interest, like so: Instead, […]
Yahoo bought Tumblr in 2013 for $1.1bn, then Verizon acquired Yahoo. Now Verizon, after purging Tumblr of adult material and watching its traffic plunge as a result, is trying to sell whatever’s left. The process is still on-going, and it’s unclear whether it will result in a sale or what price Verizon is hoping to […]
They might be the shiny new thing, but AirPods aren’t for everybody. Maybe you’re looking for a new sound or you understandably lost those tiny buds during a brisk run. If so, here’s 10 headphones and earbuds that break out of the Apple mode with a return to quality and wearability. Klipsch R5 Bluetooth Neckband […]
When it comes to passwords, there’s no such thing as paranoia. You want them secure and complex, and you definitely don’t want to repeat them on all your accounts. The trouble is, the internet seems to keep growing. And so do those accounts. Just one lockout from an important email or banking site is enough […]
With the rising temperatures on tap this summer, the climate is going to be a frequent topic of conversation, and those conversations won’t be happy ones. Luckily, there’s a way to do a little climate change of your own – in a safe and sustainable way. When it comes to personal air conditioners, EvaPolar is […]