Uber’s and Lyft’s cut of fares can exceed 50%, report finds
Jalopnik asked ride-hailing drivers to share fare receipts, and it received data from more than 14,756 real-world trips in response. On average, Jalopnik, found, Uber kept about 35% of the revenue from each ride, and Lyft kept about 38%.
In regulatory filings, however, Uber has reported that its global take rate—the percentage of the rate it takes, as you might guess—is closer to 20%.
While the take rate for fares Jalopnik analyzed averaged between 35% and 40%, more than a quarter of the fares showed take rates in excess of 40%, with some coming in at over 50%.
Jakarta has sunk by up to 4 meters, forcing Indonesia to build a new capital
Yesterday, Indonesian President Joko Widodo announced a plan to move the country’s capital from Jakarta to a new location in Borneo. The reason? Jakarta is bursting at the seams—and sinking.
Cities like New Orleans and Venice, to name a couple problematic examples, are sinking partly due to groundwater extraction. And Shanghai has experienced more than two meters of subsidence due to groundwater pumping and construction on compressible sediments—just like Jakarta. California’s Central Valley is famous for the incredible amount of subsidence that has occurred as the region’s agriculture has tapped the aquifers for irrigation.
Female-free speaker list causes PHP show to collapse when diversity-oriented devs jump ship
Over the weekend, organizers of the conference, which had been scheduled for October 4-6 in Dresden, Germany, ended the event evermore after two scheduled speakers issued public statements that they would not be attending this year, citing concerns about the lack of diversity.
"According to them, they had only a single woman submit a session proposal this year despite having women present in previous years, and hers was a repeat from a local conference last year. They were also firm that the Call For Papers was done and over and they're not open to reaching out to new people now."
YouTube algorithms mistake sparring robots for animal cruelty
Under YouTube’s community guidelines, content that shows “unnecessary suffering or harm deliberately causing an animal distress,” or scenes where “animals are encouraged or coerced to fight by humans,” are not allowed on the video-sharing platform.
Engineers participating in Battlebots, a robot-fighting American TV show, had their videos removed. Some of the titles of their videos did contain names of animals, they noted.
Alleged “snake oil” crypto company sues over boos at Black Hat
Grant and Ghannam's paper suggests that their method could quickly find the primes in question and essentially break RSA-2048 and any other semiprime-based encryption. Crown Sterling's answer to this potential crisis in encryption, called TIME AI, is something the company calls "five-dimensional" encryption, "the world's first 'non-factor' based quantum AI encryption" based on polygons, AI-composed music, Fibonacci's sequence, and various other things.
The Black Hat talk did not go smoothly. People had to be ejected from the room by security because they were heckling and booing Grant.
Man sued for using bogus YouTube takedowns to get address for swatting
Brady allegedly made fraudulent takedown notices against YouTube videos from at least three well-known Minecraft streamers.
A few days after filing a counter-notice, the targeted YouTuber "announced via Twitter that he had been the victim of a swatting scheme."
YouTube's accusations against Brady appear to be in a totally different category: straight-up fraud. That could allow YouTube to score a quick victory and thereby strike some fear into the hearts of others thinking about abusing YouTube's takedown system.
Amazon Has Ceded Control of Its Site
Amazon has increasingly evolved like a flea market. It exercises limited oversight over items listed by millions of third-party sellers, many of them anonymous, many in China, some offering scant information.
The Journal commissioned tests of 10 children's products it bought on Amazon, many promoted as "Amazon's Choice." Four failed tests based on federal safety standards, according to the testing company, including one with lead levels that exceeded federal limits. Of the 4,152 products the Journal identified, 46% were listed as shipping from Amazon warehouses.
Gmail in G Suite now uses AI for inline spelling and grammar suggestions
Starting August 20 for rapid release domains and September 12 for scheduled release domains across all G Suite editions, Google will begin applying AI to make real-time spell-check suggestions while detecting potential grammar issues.
Grammar suggestions built on Smart Reply, a machine learning-powered feature that uses AI to generate brief, contextually relevant responses to incoming messages.
Potentially Big News: Top CEOs Realizing That 'Maximizing Shareholder Value' Isn't A Great Idea
Conceptually, maximizing shareholder value makes some sense, but only if you don't think about it for more than a few minutes. Because the whole thing falls apart as soon as you ask "over what time frame?"
Taking a longer term view suggests that "maximizing" profits in the short run is likely to create significant problems in the long run, whether it be competition or customers annoyed at you and the like.
Perhaps much bigger news is that the Business Roundtable, a gathering of top CEOs, has now put out a letter saying that shareholder value cannot and should not be the only focus of a corporation.
Google wants to reduce lifespan for HTTPS certificates to one year
No vote was held on the proposal; however, most browser vendors expressed their support for the new SSL certificate lifespan.
On the other side, certificate authorities were not too happy, to say the least. In the last decade and a half, browser makers have chipped away at the lifespan of SSL certificates, cutting it down from eight years to five, then to three, and then to two.
"If the CAs vote this measure down, there's a chance the browsers could act unilaterally and just force the change anyway," HashedOut said. "That's not without precendent, but it's also never happened on an issue that is traditionally as collegial as this.