Bloomberg Technology
Uber Beats Estimates; Lyft Rider Base in Focus
DA Davidson & Co Senior Research Analyst Tom White joins Caroline Hyde and Ed Ludlow to discuss Uber’s fourth quarter earnings beating estimates, how the ride-hailing company was able to buck the trend, and what to expect from Lyft’s upcoming earnings. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full…
Bloomberg Technology
China Tech In Bear Market, Google’s Chrome Future | Bloomberg Technology
Bloomberg’s Caroline Hyde discusses the increasing pressure faced by Chinese tech names as the sector enters bear territory. Plus, what’s next for Google’s Chrome browser after the DOJ says it must be divested, and Project Liberty on a potential opportunity to buy out TikTok. Chapters: 00:09:00 – Chamber of Progress CEO Adam Kovacevich 00:18:00 –…
Bloomberg Technology
Project Liberty: We’re In a Position to Buy TikTok
Frank McCourt Jr., founder of Project Liberty, says the company may have the opportunity to buy TikTok “when and if it is sold.” He joins Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…
Bloomberg Technology
Following the AI Money Trail
Tim Tully of Menlo Ventures discusses their latest report on where enterprises are spending within the Gen AI landscape. He joins Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: …
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Rideshare Otter
February 9, 2023 at 1:12 am
Uber changed their pay to the drivers. Instead of a calculable formula like Miles+minutes they new AI “learning” algorithm does some secret “voodoo” economic calculations’ and then offers the drivers an upfront price. 80% of the drivers don’t know their cost to drive so they take every ride offered which leads them to take value out of their privately owned vehicle… Normally these low information drivers that take every ride that the algorithm feeds them only drive rideshare for about 3 to 6 months before they lead the hard way they are losing money. #knowyourworth
Rideshare Otter
February 9, 2023 at 1:22 am
As for Lyft … I drove exclusively for Lyft for years because they were better for drivers. HOWEVER! now they are charging passangers insane prices and still giving the drivers they same pay they did back when I started in 2016 … oh way … they started the upfront pay for drivers also … which is a camouflaged pay cut … LYFT is NOT worth bothering with. Hard PASS!