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 […]
Your smartphone’s GPS is a modern necessity for some trips, but how do you use it safely? It’s been a problem ever since phones went mobile. A certain phone mount even shelled out the money for a commercial during the Big Game, so clearly there’s a market for the solution. Turns out there are a […]
There’s reading for pleasure, and then there’s reading for fuel; absorbing the great ideas in nonfiction books so you can apply them in your own life. In today’s hectic pace, it can be difficult to find the time to do that reading – especially for the entrepreneurs and professionals who can benefit the most from […]
Breaking into the big leagues as a project manager isn’t done overnight, but there are principles that anyone can learn, and they’re applicable to nearly any business. No matter what your field, if there are multiple teams working toward a common goal, you’re going to need a roadmap. The Project Management Professional Certification Training Suite […]