SAN FRANCISCO — Even as Facebook grappled this month with an internal revolt and a cascade of criticism over its refusal to take action on President Trump’s inflammatory posts, the social network was actively making other bets behind the scenes. Late one Tuesday, as attention was focused on how Facebook might handle Mr. Trump, the […]
Tag: Economy
Pandemic Erodes Gig Economy Work
SAN FRANCISCO — It was just after 11 a.m. last Wednesday when Jaime Maldonado, 51, pulled his rented Nissan into a lot outside San Francisco International Airport. He figured he had a long wait ahead — about two hours — before Lyft would ping him to pick up a passenger. Occasionally, jets roared overhead — […]
The new Pokémon game is a dull gig economy simulator
[unable to retrieve full-text content] The game’s biggest challenge is inventory management. That’s a problem. Technology
Unions Push F.T.C. to Study if Amazon Warps the Economy
SEATTLE — The International Brotherhood of Teamsters, with its 1.4 million truck drivers, warehouse workers and other transportation laborers, does not represent any Amazon workers, nor is it organizing them. But the union keeps butting into the e-commerce giant, which ships billions of packages a year. The Teamsters joined several other major labor unions in […]
Lawmakers Urge Facebook To Delay Libra, Issuing Stark Warnings For Global Economy
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Payment secrets hidden in the global gaming economy
From the developers and designers who create the games to the esports athletes who compete on grand stages during tournaments, the global gaming economy is a major industry with over $ 150 billion in gaming revenue and an 11 percent annual revenue growth, according to Newzoo. As gaming forms its own economy, seamless payment experiences […]
AI Weekly: How self-driving cars could reduce emissions, eliminate parking spots, and add $1.3 trillion to the U.S. economy
During Tesla’s inaugural Autonomy Day on Monday, CEO Elon Musk spoke about an idea first articulated in a document published three years ago — an autonomous taxi service built on the back of Tesla’s growing Model 3 and Model S network. It would be powered by the company’s Autopilot software and would allow any owner […]
Lyft’s Shares Jump in Trading Debut, Cementing Rise of the Gig Economy
SAN FRANCISCO — Owning a piece of the gig economy became a reality for millions on Friday when Lyft began trading on the public markets, signaling the start of a stream of stock offerings expected from high-profile technology companies this year. Lyft’s shares rose 8.7 percent in its first day of trading after opening at […]