Lyft has an Uber-style scandal of its own, Tesla is fighting new claims of Model 3 delays and Walmart and Rakuten want to take on Amazon. All that and more in The Daily Crunch for January 26, 2018. 1. Lyft had its own 'god view' Lyft is the protagonist in the story of ride sharing companies, right? Well, maybe not. The Uber rival had a program similar to Uber's 'god view,' which basically allowed staff to see "pretty much everything" about rides on the platform. This is bad news, but it's also not as bad as it otherwise might've been for Lyft, basically because Uber is already the most villainous company operating in this space in general public opinion. 2. Tesla strongly refutes new claims of Model 3 issues Tesla isn't happy about new reports claiming major issues and potential safety risks around Model 3 production. They took the time to prepare a longer, more detailed statement than is typical for the automaker, in response to a new CNBC report citing former and current employee concerns. 3. Walmart and Rakuten think they can fight Amazon together Two second-tier players don't really add up to one market leader, just saying. 4. Annual smartphone sales in China were down last year for the first time China has been a juggernaut in terms of the global smartphone market, but in 2017, sales overall declined, which is bad and not good. For everyone making smartphones, that is. Maybe we're just on trend to return to feature phones. 5. Intel plays down Spectre and Meltdown on earnings call Intel had a great, great, great 2017. The best really. All good news. Except for those two pieces of, uh, really really bad news. 6. Ford patents a self-driving police car Autonomous police cars are kind of an interesting idea, especially in dangerous situations like high-speed pursuits. But then how do the arrests get made? Also, does the car have feelings? 7. On Equity this week Netflix had a good quarter, and Twitter lost one of its best execs. Plus Lyft f'd up. Equity talks about it all this week. |
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