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Wed. 05/04 – Uber Back To Pre-Covid Levels

May 4, 2022
Uber's rider usage has surged back to pre-Covid levels, showcasing a fascinating recovery in mobility. Meanwhile, NFTs are facing stagnation with declining sales, igniting discussions on the tech landscape. Innovations in flash storage elevate 5G phones, and Twitter tests a new feature for private tweeting called Twitter Circle. Meta introduces an AI model to support collaborative research, while Imogene AI advances cancer diagnostics. Additionally, Spotify dives into virtual engagement with its new experience on Roblox!
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INSIGHT

Uber's COVID Recovery

  • Uber's core business has rebounded to pre-COVID levels, with April mobility bookings surpassing 2019 levels.
  • This positive trend is attributed to increased travel and a post-pandemic high in driver base.
INSIGHT

NFT Market Decline

  • NFT sales have declined significantly, dropping 92% from their peak in September 2021.
  • Active wallets trading NFTs have decreased by 88% since November 2021.
INSIGHT

Samsung's New Flash Storage

  • Samsung's new Universal Flash Storage 4.0 doubles the speed of its predecessor.
  • It boasts speeds up to 23.2 Gbps per lane and improved power efficiency.
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