Tech Brew Ride Home Thu. 05/07 – Do Lyft Earnings Mean Ride Hailing As An Industry Might Survive?
May 7, 2020
Zoom's acquisition of Keybase aims to enhance user privacy with end-to-end encryption. Google Authenticator introduces a new account export tool, making device transitions smoother. Lyft reports a surprising rise in stock value, hinting at a potential rebound for the ride-hailing industry. Meanwhile, Sonos unveils exciting new audio gear, including the Arc soundbar. The complexities of Facebook’s Oversight Board raise questions about content moderation and internet governance.
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Easy Two-Factor Transfer
- Transfer Google Authenticator accounts between devices easily with the new update.
- Use the QR code generated after verifying your identity to seamlessly transfer accounts to a new phone.
New Sonos Gear and App
- Sonos launched new Arc soundbar, Sub subwoofer, and Five speakers, requiring the new S2 app.
- Older Sonos hardware will remain on the S1 network due to necessary OS updates in the S2 app.
Lyft's Performance and Outlook
- Lyft's Q1 revenue grew 23% YoY, and active rides increased by 3%, despite COVID-19 impacts.
- While rides were down 70% YoY in the most recent week, Lyft has a survival plan and doesn't anticipate further workforce cuts.
