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Uber saw record gross bookings in March 2021, according to a filing posted Monday with the Securities and Exchange Commission. The increase may signal the beginning of a comeback for the ride-hailing business, which suffered mightily in 2020 due to the coronavirus pandemic. Uber’s mobility segment, which includes its ride-hailing business, was up 9 percent between February and March 2021, with an annualized run rate of $30 billion. Uber’s food delivery segment UberEats, which helped the company stave off even bigger losses in 2020, doubled its annual run rate from March of last year, coming in at $52 billion. “As vaccination rates increase in the United States, we are observing that consumer demand for Mobility is recovering faster than driver availability, and consumer demand for Delivery continues to exceed courier availability,” Uber said in the SEC filing. In February, Uber reported it lost $968 million in the fourth quarter of 2020 and had a net loss of $6.7 billion for … [Read more...] about Uber reported bookings for its ride-hailing business rose 9 percent in March

After recent leaks suggested an imminent arrival, Microsoft has officially launched the latest entry in its line of Surface PCs: the Surface Laptop 4 . The new laptop starts at $999 and will be available to purchase in the US, Canada, and Japan as of today, with shipping beginning on April 15. Microsoft says more markets will follow in the “coming weeks.” In the US, those who buy the Surface Laptop 4 through Microsoft or Best Buy before April 15 will get a pair of Surface Earbuds headphones bundled in at no extra cost. Familiar hardware Further Reading Hands-on with Microsoft’s barrage of new Surface devices As for the device itself, the Surface Laptop 4 is more of a refinement than a reinvention of the previous Surface Laptop 3, which launched in late 2019 . That laptop’s build quality was generally well-regarded, and the design here is more or less identical to before. There are still two models, one with a 13.5-inch touch display and one with a 15-inch … [Read more...] about Microsoft makes the Surface Laptop 4 official, offers choice of AMD or Intel

The next few years will see billions of users regularly using facial recognition technology to secure payments made through their smartphone, tablets or smartwatches, according to new analysis carried out by Juniper Research. Smartphone owners are already used to staring at their screens to safely unlock their devices without having to dial in a secret code; now, facial recognition will increasingly be deployed to verify the identity of a user making a payment with their handset, whether that's via an app or directly in-store, in wallet mode. Smartphones The best cheap phones The 10 best smartphones The best Android phones The best Samsung phones The best rugged phones How to keep your smartphone clean during the coronavirus (TechRepublic) In addition to facial features, Juniper Research's analysts predict that a host of biometrics will be used to authenticate mobile payments, including fingerprint, iris and voice recognition. Biometric … [Read more...] about Billions of smartphone owners will soon be authorising payments using facial recognition

Good news, disabled Australians! You'll soon be getting an app that will implement a welfare compliance regime designed by the people who brought you robo-debt. But don't worry, it'll have blockchain. No, this isn't good news at all. What makes it worse is that it's clear the government wants to extend technology-driven compliance to all Australians, with an emphasis on cracking down on your mistakes, not theirs. Kathryn Campbell, Secretary of the Department of Social Services, says the long-term plan is to have one app for all Commonwealth government services. "One to rule the world," she said last month, apparently oblivious to how evil that sounds. Senators are already worried that the disability app, intended to be used by participants in the National Disability Insurance Scheme (NDIS) to claim expenses against their support plan, will go the way of COVIDSafe : Millions of dollars spent on technology that doesn't really do the job. The intention was to fix a poor web … [Read more...] about NDIS gets a government app with blockchain but no ethics