Micromobility startup Lime announced Tuesday that it was profitable throughout 2022 on an adjusted EBITDA basis—making it the first micromobility company to post a full profitable year, it said.
The company said it achieved a record $466 million in gross bookings last year, which is a 33% jump from 2021. It also posted adjusted EBITDA of $15 million. EBITDA stands for earnings before interest, taxes, depreciation, and amortization, and can be used to measure a company’
Consumers are willing to pay monthly subscription fees for streaming services, pet food, and even toilet paper. And now some restaurants are betting they’ll do the same for their favorite meals.
Large chains like Panera and P.F. Chang’s as well as neighborhood hangouts are increasingly experimenting with the subscription model as a way to ensure steady revenue and customer visits. Some offer unlimited drinks or free delivery for a monthly fee; others will bring out you
The Supreme Court heard two and a half hours of often confusing, and at times frustrating, arguments on Tuesday in a case that could determine whether platforms are protected from liability for their recommendation tools. In Gonzalez v. Google, the court is considering whether Section 230 ought to protect tech platforms that recommend harmful user content. Part of the problem, it was plain to see, was that Section 230 simply wasn’t written to answer this sort of dilemma: The law is 30
Twitter has quietly gone silent about how it enforces its rules and responds to government demands about its users.
The company has not posted a transparency report since Elon Musk’s purchase of it in October, ending a 10-year streak of keeping the world apprised of governmental user information requests.
Had Twitter stuck to its usual twice-yearly cadence, we would have seen a new transparency report posted at the end of January documenting the first half of 2022&#
It started with a simple question: “What can you do?”
I’ve been playing around with ChatGPT for a while now and I find it to be almost magical in its ability to cobble together code on the fly, a great tool for generating ideas, and a powerful text generator—as long as you’re not too hung up on factual accuracy.
But when I asked OpenAI’s chatbot to list its capabilities for me, one thing in its answer stuck out more than any other: summa
In the old days, if you wanted to create convincing dialogue for a deepfake video, you had to actually write the words yourself. These days, it’s easier than ever to let the AI do it all for you.
“You basically now just need to have an idea for content,” says Natalie Monbiot, head of strategy at Hour One, a Tel Aviv-based startup that brings deepfake technology to online learning videos, business presentations, news reports and ads. Last month the company added
Most research on teen social media use has been conducted on white teens and college students. As a result, it is unclear to what extent overlooked populations such as racial and ethnic minorities, sexual and gender minorities, and other vulnerable adolescent populations may be using social media in different ways.
You may have read about research on teen social media use in newspapers or other media outlets, but you might not be aware of the limitations of that research.
Customers hailing a ride or looking to have some food delivered via Uber are seeing a new look starting today.
For the first time in more than six years, Uber has given its app a broad overhaul, incorporating all of its services—including Uber Eats, grocery delivery, and e-bike rental—and letting passengers track their ride. It’s the first in a series of improvements, the company says, that aim to make the service more personalized.
“The busines
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Two weeks ago, Microsoft held a launch event at its Redmond headquarters to introduce a new version of its Bing search engine. Based on an improve
As you debate whether to pay Mark Zuckerberg for a blue verification badge on Instagram, here’s an interesting piece of data that you might help you decide.
Engagement rates on Instagram have generally been falling for brands, even as those brands continue to post at the same frequency. That’s according to a new deep dive from analytics firm Rival IQ, which measured social media activity for 2,100 companies across 14 industries. It found that the median Instagram engag