Archive for March 30th, 2017
Later this evening, SpaceX will attempt a historic feat when it launches a reused Falcon 9 rocket into orbital space. It’s an achievement Elon Musk and his team have been working toward since the company was founded in 2002, and tonight, it will hopefully— finally —come full circle. Literally. Read more…
Now that shared rides represent a sizable portion of Uber and Lyft’s business, both companies have been looking for new ways to expand their offerings while making the whole system more efficient and affordable at the same time. According to TechCrunch , Lyft is currently testing a new version of its shared Line rides called “Lyft Shuttle” aimed directly at commuters and riders who regularly take busy routes. As it’s only a test for now, Lyft Shuttle is only available in Chicago and San Francisco. Riders in those cities will see the “Shuttle” option while searching for Line rides in the app — but only if their pickup and drop off locations are close enough to one of the test routes. The service is only available during the morning and evening commute hours (6:30-10AM, 4-8PM), but the fares are a fixed price so riders can avoid surge pricing during rush hour. Uber tried a similar feature for UberPool called “Smart Routes” back in 2015 , and it still highlights nearby pickup points for shared rides, but the bus-like highlighted routes seem to have fizzled out. And unlike other services intended to cover long-distance commutes like Waze Rider , Lyft’s offering is meant for shorter trips within the city limits. In San Francisco, at least, Lyft will be competing more directly with Chariot, which runs private shuttles along popular commuter bus routes and handles ticketing through its own app. Chariot was bought by Ford last year and the automaker intends to expand to eight more cities by the end of 2017, so there’s definitely a market for this type of in-between service. Source: TechCrunch
An anonymous reader shares a report: For years, Apple’s App Store, the place where people download apps for games and social networking services on their iPhones, has generated far more revenue worldwide than its Android competitors. This year, things are changing: The App Store will fall second to the amount of revenue generated by Android app distributors, predicts analytics firm App Annie. In 2017, the App Store will generate $40 billion in revenue, while Android app stores run by Google and other parties will generate $41 billion, App Annie said. That gap is expected to widen in 2021, with Android app stores generating $78 billion in revenue and Apple’s App Store at $60 billion in revenue, according to App Annie’s report released on Wednesday. The surge in revenue for Android comes from a growing number of consumers in China who are buying Android phones and are willing to pay for apps. In 2021, App Annie expects there to be eight Android smartphone users to every single iPhone user in China. Read more of this story at Slashdot.
An anonymous reader quotes a report from Bloomberg: Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world’s second-richest person. Bezos, 53, added $1.5 billion to his fortune as Amazon.com Inc. rose $18.32 on Wednesday, the day after the e-commerce giant said it plans to buy Dubai-based online retailer Souq.com. Bezos has a net worth of $75.6 billion on the Bloomberg Billionaires Index, $700 million more than Berkshire Hathaway Inc.’s Buffett and $1.3 billion above Ortega, the founder of Inditex S.A. and Europe’s richest person. Amazon’s founder has added $10.2 billion this year to his wealth and $7 billion since the global equities rally began following the election of Donald Trump as U.S. president on Nov. 8. The rise is the third biggest on the Bloomberg index in 2017, after Chinese parcel-delivery billionaire Wang Wei’s $18.4 billion gain and an $11.4 billion rise for Facebook Inc. founder Mark Zuckerberg. Read more of this story at Slashdot.