Uber's New Service Will Let You Travel Like a Local
If TripAdvisor met Yelp, that would be Uber Local, a new product the taxi hailing company is working on.
“We use real-time data of our trips, obviously in an aggregate way, to show the hot spots to show where most Ubers are dropping people off,” Alex Otrezov, Uber’s head of search and examination, told Cheddar in a recent interview. “Whether points of interests, or restaurants, whatever it may be, we want to make sure that we share that data with our users.”
The executive unveiled the product at eTail West 2018 on Tuesday. Uber Local’s technology would allow it to predict social trends based on time and seasons and personalize the data for each user.
Otrezov said Uber is pushing its real-time technology business model further in developing this personalized operating system. He says that Uber Local aims both to make traveling easier and to enhance the local experience.
“The way we move more into personalization is kind of knowing whether there’s a specific event going on and creating auto-generating ads for that audience,” he said. “And really moving into that space where we can actually tell them, ‘Hey, are you looking to go to Coachella?... Take an Uber.’”
Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load.”
A First Amendment group sued Texas Governor Greg Abbott and others on Thursday over the state’s TikTok ban on official devices, arguing the prohibition – which extends to public universities – is unconstitutional and impedes academic freedom.
We've all heard the phrase time equals money. Well, Shopify has rolled out a meeting cost calculator in efforts to encourage people to empty their calendars of those unnecessary meetings.
ChatGPT-maker OpenAI and The Associated Press said Thursday that they've made a deal for the artificial intelligence company to license AP's archive of news stories.
Alexander Mashinsky, the former CEO of the failed cryptocurrency lending platform Celsius Network, has been arrested on federal fraud charges, including wire fraud, according to CNBC.
Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.
