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Archive for the ‘Miscellaneous Articles’ Category

Lyft reaches adjusted profitability milestone despite continuing net losses

Today after the bell, U.S. ride-hailing company Lyft reported its second quarter financial performance. In aggregate the company’s performance was a rebound from the year-ago second quarter, which was heavily impacted by the onset of the COVID-19 pandemic and resulting lockdowns in the United States. Lyft also managed to produce positive adjusted EBITDA in the ...

Demand Curve: Tested tactics for growing newsletters

There are very few marketing channels as well rounded as email newsletters. They provide a direct line of communication; nearly 40x ROI, are infinitely scalable and virtually free. ...

Embodied AI, superintelligence and the master algorithm

In the next year and a half, we’re going to see increasing adoption of technologies, which will trigger a broader industry shift, much as Tesla triggered the transition to EVs. ...

India’s BharatPe valued at $2.85 billion in Tiger Global-led $370 million funding

Indian fintech startup BharatPe has raised $370 million in a new round of financing as it looks to aggressively scale its business in the next two years. It’s the nineteenth Indian startup to become a unicorn this year (up from 11 last year) as several high-profile global investors double down in the South Asian market. ...

Security flaws found in popular EV chargers

U.K. cybersecurity company Pen Test Partners has identified several vulnerabilities in the APIs of six home electric vehicle charging brands and a large public EV charging network. While the charger manufacturers resolved most of the issues, the findings are the latest example of the poorly regulated world of Internet of Things devices, which are poised ...

Fleet your last Fleet — the Twitter feature vanishes today

You don’t know what you’ve got ’til it’s gone. After a fittingly fleeting time in the wild, Twitter is banishing its ephemeral stories feature known as Fleets, which debuted in November 2020. Twitter began testing Fleets back in March of last year. The company thought that it might be able to lure people who were ...

A Silicon Valley VC firm with $1.8B in assets was hit by ransomware

Advanced Technology Ventures, a Silicon Valley venture capital firm with more than $1.8 billion in assets under its management, was hit by a ransomware attack in July that saw cybercriminals steal personal information on the company’s private investors, or limited partners (LPs). In a letter to the Maine attorney general’s office, ATV said it became ...

Anonymous Snapchat-connected app Sendit surges with 3.5M installs after Snap suspends YOLO and LMK

In May of this year, Snap suspended two Snapchat-integrated apps that allowed users to send anonymous messages, Yolo and LMK, following a lawsuit filed on behalf of a mother whose son died by suicide after being bullied through messages on the apps for many months. In the wake of the suspensions, another anonymous messaging app ...

Google Maps on iOS adds live location sharing in iMessage, home screen widget, dark mode

Google Maps announced today three feature updates to its iOS app. With live location sharing in the iMessage app, a traffic widget for the home screen and dark mode, Google Maps is positioning itself as a stronger competitor against iOS’ native Apple Maps. Live location sharing was already possible in Google Maps — by tapping ...

FandangoNOW and Vudu merge into a new streaming service with titles to rent, buy or stream free

Last year, movie ticketing and discovery business Fandango, a division of NBCUniversal, bought the on-demand video streaming service Vudu from Walmart, after the retailer had failed to capitalize on the service it had first acquired in 2010 for $100 million. Today, Fandango is taking the next steps with Vudu by merging the service with its ...