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Uber has more than 100 million users, but is still losing money

Uber might seem ubiquitous, but the ridesharing company is still growing, it reported in its quarterly earnings. In July, more than 100 million people took Ubers or used the company's services. That's the first time it hit that monthly milestone. Tri… Source: engadget

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Uber and Lyft Threaten Duopoly, Rideshare Customers Cry Foul

Lyft Chief Financial Officer Brian Roberts claims that losses the company suffered in 2018 were very likely the “peak” with better times around the corner. On a call with investors, Roberts said that an increase in revenue per rider was behind Q2 earnings completely smashing Wall Street expectations. Third-quarter sales, as well as full-year sales, […]

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Wirecutter's best deals: Save $300 on a Google Pixel 3

This post was done in partnership with Wirecutter. When readers choose to buy Wirecutter's independently chosen editorial picks, it may earn affiliate commissions that support its work. Read Wirecutter's continuously updated list of deals here. Source: engadget

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BitMart Announces Investment From China-Based VC Firm Fenbushi Capital

BitMart has joined an array of over 50 international blockchain projects Fenbushi Capital has invested in, aiming to achieve more efficiency in the global economy Source: https://cointelegraph.com/rss

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Why Epic Games Deserves Praise for Suing 14-Year-Old Fortnite Cheater

Epic Games is taking flack for suing a 14-year-old Fortnite player for promoting cheats on YouTube. But even though the defendant is a minor, Epic absolutely made the right choice. YouTube videos to promote Fortnite cheats The 14-year-old YouTuber, CBV, says that he’s facing a $150,000 lawsuit from Epic Games who accused him of copyright […]