Lyft will reportedly let your pre-order rides up to 24 hours in advance


Ridesharing apps have generally made hailing a cab much more convenient, but sometimes you just need to arrange for a cab in advance. A report by the Financial Times indicates Lyft is beating Uber to the punch with the ability to schedule rides up to 24 hour in advance. Both Lyft and Uber had previously shut down the idea of scheduled rides, claiming they were inefficient. They could take potential drivers off the roads waiting for scheduled customers, and people are prone to changing their minds. It seems Lyft was the one to change its mind though; it will begin testing the feature…

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Apple’s iCloud problems are reportedly due to office politics

As iPhone sales growth slows, Apple has pointed to software and services like Apple Music, Apple Pay, and iCloud as strong revenue generators. But the company’s quest to turn its cloud services into the next big thing has been sabotaged by internal conflicts, The Information reported on Thursday.

The problem: Apple needs to develop new infrastructure to make iCloud and iTunes more reliable. Anyone who has been prompted to enter their Apple ID and password over and over again for no reason can attest to the need for a back-end overhaul. But the company reportedly has two engineering teams on the project who just can’t seem to get along. One is the group that worked on the platform that powers Siri, which Apple decided to expand to other cloud services. That puts the 1,000-person iCloud engineering team, headed by Eric Billingsley, at risk of becoming obsolete.

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Daily Mail reportedly exploring bid to acquire Yahoo

Yahoo's billboard in San Francisco

Last week, Yahoo extended the deadline for potential bidders to submit their proposals to acquire the Silicon Valley company. Already reports have surfaced companies like Verizon and Google seeking to make a move, but today it seems that the parent company of the U.K.-based Daily Mail is in talks with private equity firms to make its own bid for Yahoo.

Things are getting interesting.

The Wall Street Journal reports that if the Daily Mail actually submits a bid, it could take one of two forms: A private equity partner would acquire Yahoo’s core web business with the Daily Mail taking over the news and media properties; or the private equity partner would acquire Yahoo’s core web business and merge the media and news properties into the Daily Mail’s online operations.

Reports indicate that there have been as many as 40 firms that have expressed an interest in what Yahoo has to offer, but how many are actually serious remains unknown. Time Inc. is perhaps one of the few known publication and media companies to be contemplating a bid, which could strike some similarities with the Daily Mail’s plans.

Yahoo has been spending its time focusing on how to sell its core internet business since December. After some shareholders flip-flopped on whether the company should spin out its Alibaba holdings into a standalone company, the remaining option was to part with Yahoo’s core business. During its Q4 2016 earnings, the firm revealed that it was implementing an “aggressive strategic plan” to simplify itself, hopefully in a move to make it more enticing to potential buyers. As a result 15 percent of its workforce was being let go, making up 9,000 employees and fewer than 1,000 contractors.

According to documents obtained by Re/code, the financial situation at Yahoo isn’t that great. It’s said that revenue at the company is dropping close to 15 percent and earnings by over 20 percent. So while there are people contemplating bids, the real test will be to see which ones don’t balk at the seemingly dire circumstances Yahoo finds itself in and remain adamant that they can use its offerings.

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Virtual reality startup Jaunt reportedly raised $50M-plus funding round

Jaunt's VR view of a Paul McCartney console.

Jaunt has reportedly raised more than $ 50 million in a third round of funding, according to a report in Variety. The funding, if confirmed, is another sign that investors are very interested in the disruptive potential of virtual reality, which immerses you in virtual worlds.

Tech advisor Digi-Capital estimates that virtual reality will be a $ 30 billion market (within the larger $ 150 billion market of virtual reality and augmented reality) by 2020.

Variety reported that the exact number wasn’t available, but it cited multiple unnamed sources. The funding follows a $ 27.8 million round that Jaunt raised last year to create non-gaming virtual reality content, such as 360-degree videos that immerse you in events such as a Paul McCartney concert.

Previous Jaunt investors include Highland Capital Partners, Redpoint Ventures, Google Ventures, BSkyB and others.

Jaunt has unveiled its own VR camera, which can be used to film in all directions at the same time. Jaunt’s own film studio in Los Angeles is headed by former Lucasfilm chief technology officer Cliff Plumer.

VB’s research team is studying web-personalization… Chime in here, and we’ll share the results.


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Apple reportedly to open new stores within selected Target outlets this year

Apple reportedly to open new stores within selected Target outlets this year
Last month, we reported that French company eBizcuss, which is the largest Apple reseller in the country, sued the Cupertino firm over allegations that is using its retail stores to gain a competitive advantage. The company claims that Apple holds an …
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News review of the year Q4
The crux of Cisco's attack centred on the idea that the PSG business is the base around which most HP channel sales pitches are built, and its removal will make it harder for resellers to cross-sell other parts of the HP portfolio. …
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