Just as Uber is under fire once again, Lyft proves a huge new funding round, Elon Musk uncovers plans forelectric trucks and Apple is divinginto secret special projects. These are the crest tech stories of the week. You can also get this post as the Weekly Roundup newsletter delivered to your inbox on Saturdays, if thats more your mode .
A report surfaced claiming that Uber secretly tracked Lyft drivers employing an internal software program called Hell. Hell is not simply let Uber see how many Lyft drivers were available for journeys and what their costs were, but also figure out which of its drivers were also driving for Lyft. Once Uber knew when and where they tended to log onto Lyft, the company was able to offer drivers financial incentives convincing them to use only Uber. Some solicitors are replying Uber could face civil legal assertions related to its use of the application. It was also announced this week that Rachel Whetstone, Ubers head of communications and policy, is leaving the company. We know that her reason for leaving is complex, butthere was some strain between Whetstone and Uber CEO Travis Kalanick over bad press.
Apple seems to be on a special projects hiring spree. A new report is claiming thatApplehas hired groupings of biomedical researchers to work on a secret project to monitor diabetic patients employing sensors.Normally, patients observe their glucose by pricking themselves to get a blood sample, so not having to do that any more would be a real game-changer for peopleaffected by diabetes. It was reported that Apple is also putting together a team to design its own battery management chip for the iPhone. By designing its own microchips, Apple could go a bit farther than high standards strength management chip, shaping the iPhone slightly more efficient inpower usage. This way, the company could get a leg up onAndroid manufacturers when it comes to battery life.
In other Apple news, the California DMV released a roster of corporations allowed to test autonomous vehicles on the roads of California. The last name of the long roster is Apple .It doesnt necessarily means that youre going to see an Apple car on the road tomorrow but it is necessary that the company has the green light tostart real-world experiments at some point in the future.
Tesla CEO Elon Musk revealed on Twitter that Tesla plans to show off an electric station wagon sometime within the next two years. Musk also announced that Tesla will divulge its electric semi truck, the Tesla Semi, in September of this year.
Lyft confirmedon its blog that it has raised a total of $600 million in new funding, with a post-money its evaluation of $7.5 billion. The fund brings Lyfts total funding to $2.61 billion, which is a gargantuan sum unless you consider the unbelievably competitive room within which they control, which includes Uber, with $8.8 billion endowed across 13 rounds.
Instagram Stories made 200 million daily active consumers, outshining Snapchat Stories 161 million consumers it reported in March when the parent company, Snap, ran public. Instagram is also getting faster at facsimile Snapchat features; it also added Instagram Direct and an AR Stories feature this week.
This week saw another tech IPO as Yext, the company that helps firms strength their location data, ran public on the New York Stock Exchange. After pricing shares above the expected range at $11, the cost rose 21 percentage to $13.29 by the end of the first day of trading.
All good things must come to an end. This week Nintendo saidthat it will be sunsetting the short-lived but beloved NES Classic Edition the $60 console that gave us 30 classic Nintendo games. Nonetheless, the language was not so clear, indicating chamber for apotential liberate in the future: Throughout April,[ Nintendo of America] territories will receive the last shipments of Nintendo Entertainment System: NES Classic Edition structures for this year. So if you dont have one yet, theres still hope. But getready to pay big bucks in the meantime.
Amazon and Alibaba had better watch out. Following months of rumors, Indian e-commerce giant Flipkart has confirmed that it has raised $1.4 billion in new funding at a post-money its evaluation of $11.6 billion. The deal includes some big-name strategic investors: Chinas Tencent, eBay and Microsoft, whichjoin existing Flipkart backers that include Tiger Global, Naspers, Accel and DST Global.
More details rose on Hulus play to kill the cable carton. The pricing for Hulus live Tv service, a contestant with cable tv as well as a host of other streaming Tv services like Sling TV, DirecTV NOW and YouTube TV will likely be $39.99 per month, with ads and access to Huluson-demand library.
Magic Leap had some of its secrets spilled by Golden State Warriors small-scale forwardAndre Iguodala.In an interview, Iguodala talked aboutaugmented world and undoubtedly skated the lines of contravening his Magic Leap NDA as he described his demo with the product, which he called a disruption of life. Iguodala devoted some interesting insight into what a Magic Leap interface might look like, saying that in one show he lodged his hand out and a attribute appeared in his hands that acted as a digital assistant for the device, something Iguodala compared to Apples Siri. He referenced the specific characteristics ability to control smart-home devices, as well as other aspects of the operating system.
Utah-based SaaS company Qualtrics IPO many have beenexpecting is on hold for now. The online market research platform has just created the work of its third round for $180 million at a whopping $2.5 billion valuation.
You may have watched an airline give someone $500 to willingly give up their seat on a flight because they are overbooked. If you are going to a funeral, to an important meeting or if youre a doctor on your way to see individual patients, that may not work. If youre on vacation, however, and you figure that $500 to spend on another flight later in its first year means a free trip-up to inspect the family, you may be willing to let yourself be bumped off the flight. But why do airlines overbook flights? Heres a full explanation .~ ATAGEND
People are( rightfully) freaking out about their privacy as the Senate voted to let internet providers share your private data with advertisers. While the very important to protect your privacy, it doesnt mean that you should sign up to a VPN service and tunnel all your internet traffic through VPN servers. Heres how one novelist established their own VPN server in 15 minutes .
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