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
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
China’s Tech Sector Slows Down
Lei Qiu of AllianceBernstein discusses investing in tech as the Chinese sector enters into a bear market. She 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: Get the…
Bloomberg Technology
Nvidia’s Magic Fades | Bloomberg Technology
Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software. ——–…
Tour the new 2025 Hyundai Ioniq 9 with Emme Hall | TechCrunch
Project Liberty: We’re In a Position to Buy TikTok
China’s Tech Sector Slows Down
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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!