Lyft wants to kill surge pricing
Lyft has been cutting fares in order to secure more riders, and it’s working. Bu that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 2023 earnings an increase in riders and decrease in revenue per active rider. That discrepancy was fueled by a
Read moreHuman toddlers are inspiring new approaches to robot learning
It’s an exciting time for robotic learning. Organizations have spent decades building complex datasets and pioneering different ways to teach systems to perform new tasks. It seems we’re on the cusp of some real breakthroughs when it comes to deploying technology that can adapt and learn on the fly. The
Read moreLyft shares pop, then plop, as it predicts slow and steady growth
Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report. The stock then shed its after-hours gains shortly before this story went
Read moreBlackBerry intelligence report reveals a 40 per cent increase in cyberattacks
BlackBerry Limited has released its most recent quarterly global threat intelligence report, shedding light on a concerning 40 per cent rise in cyberattacks directed towards government agencies and the public services sector. The company said its AI-driven cybersecurity solutions successfully thwarted 55,000 individual attacks between March and May 2023. Ismael
Read moreSo your startup’s runway is dwindling and fundraising is hard. What’s next?
The concept of having a runway has its own set of maxims for startup founders. Investors we’ve interviewed generally agree that a successful fundraise should leave a startup with 18 to 36 months of capital, and by the time a startup has around 9 to 12 months of cash, it
Read moreOpenText unveils its vision for AI
Last week, information management company OpenText announced opentext.ai, the company’s strategy and vision for artificial intelligence (AI). “The internet changed everything. With AI, everything must change,” said Mark J. Barrenechea, chief executive, OpenText. “It is clear this is a new era of technology, the cognitive era. AI will impact what
Read moreRivian beats on Q2 revenue, raises EV production guidance for 2023
Rivian gained positive momentum in the second-quarter and beat Wall Street expectations as the company ramped up EV sales, narrowed losses, reduced costs and shored up its supply chain. Rivian struck a confident tone in its second-quarter earnings, which was released after markets closed Tuesday, even raising its production guidance
Read moreGoogle is picking up the pace of Chrome security update releases
Image: The Verge Google’s “milestone” Chrome releases in the stable channel that come every four weeks will now be accompanied by weekly security updates (previously biweekly) to help close the “patch gap” between fixes appearing in Canary / Beta releases and when they go out to most users. Bad actors
Read moreThe Magic of Sets
Speed up your app by 98% with a swish and a flickContinue reading on Better Programming »
Read moreHackers had access to UK voter data for over a year before anyone noticed
Photo by Amelia Holowaty Krales / The Verge A cyberattack that began in August 2021 exposed the personal data of people in the United Kingdom who registered to vote between 2014 and 2022. The attack wasn’t detected until October 2022, the UK Electoral Commission reported today. Attackers would have also
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