Lyft creates media division to cash in on in-car ads

Lyft has created a new business unit to beef up its digital advertising business across its tablets, mobile app, rooftops and bicycles, producing the potential to add billions of dollars to its bottom line. The ride-hailing company announced on its blog Monday that Lyft Media will help cash in on the growing market for in-vehicle… Continue reading Lyft creates media division to cash in on in-car ads

Twilio hacked by phishing campaign targeting internet companies

Communications giant Twilio has confirmed hackers accessed customer data after successfully tricking employees into handing over their corporate login credentials.  The San Francisco-based company, which allows users to build voice and SMS capabilities — such as two-factor authentication (2FA) — into applications, said in a blog post published Monday that it became aware that someone… Continue reading Twilio hacked by phishing campaign targeting internet companies

Uber and The Body Shop Expand On-Demand Delivery Partnership Nationwide

75 stores will be available for same day delivery through Uber Eats SAN FRANCISCO, Aug. 8, 2022 /PRNewswire/ — Today, Uber Technologies, Inc. (NYSE: UBER) and The Body Shop announced the expansion of their partnership to include almost all of the beauty company’s retail stores across the U.S. This expansion brings new locations to the… Continue reading Uber and The Body Shop Expand On-Demand Delivery Partnership Nationwide

A Slack Bug Exposed Some Users’ Hashed Passwords for 5 Years

The office communication platform Slack is known for being easy and intuitive to use. But the company said on Friday that one of its low-friction features contained a vulnerability, now fixed, that exposed cryptographically scrambled versions of some users’ passwords.  When users created or revoked a link—known as a “shared invite link”—that others could use… Continue reading A Slack Bug Exposed Some Users’ Hashed Passwords for 5 Years

BeReal and the Doomed Quest for Online Authenticity

On its ascent to the coveted top spot in app store charts, BeReal—the French photo-sharing app launched in 2020—has been heralded as the antidote to social media fakery. Staving off canny staging and slick curation, BeReal gives users just two minutes following a prompt to submit a dual front-camera/back-camera image. Only after posting their own… Continue reading BeReal and the Doomed Quest for Online Authenticity

Robinhood’s hangover, YC’s reduction and Uber’s return to form

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann got together with Maggie this week for our weekly roundup show, and per usual, there was a lot to talk about, including the fact that there were… Continue reading Robinhood’s hangover, YC’s reduction and Uber’s return to form

Empathy is essential for building a loyal team, says Kolors co-founder Anca Gardea

Whether you’re riding a chicken bus in Nicaragua or a Greyhound in the United States, intercity bus travel is rarely a glamorous affair. Despite its essential nature in moving people for vacation, visiting family and business, this particular mode of transportation has often been reduced to its most essential components — plenty of seats, wheels,… Continue reading Empathy is essential for building a loyal team, says Kolors co-founder Anca Gardea

The road map for building the Uber of climate tech

The world needs a company willing to force governments to take action on climate change. So far, climate tech has been the polite corner of the startup world. All pleases and thank yous, triple bottom lines and shared upsides, plenty of virtue and virtue signaling. That’s great and all. Saving the world from probable calamity… Continue reading The road map for building the Uber of climate tech

Lyft’s operating profit surges on rideshare demand, hiring slowdown, article with image

The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. REUTERS/Lucy Nicholson/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Ride-hailing firm Lyft Inc (LYFT.O) on Thursday reported a record adjusted operating profit, benefiting from a surge in demand for rides and a dramatic slowdown… Continue reading Lyft’s operating profit surges on rideshare demand, hiring slowdown, article with image