«In an online poll of 5,000 adults conducted by Morning Consult, one in four people in the US said they searched for, or found a job using Facebook. Since introducing job postings on Facebook in the US and Canada last year, we’ve built new features for businesses like the ability to create job posts on mobile, manage applications, and schedule interviews».
Notice your Facebook event recommendations getting more personal? That’s because it’s not an algorithm in charge of your weekend plans any longer; in major cities, people are now in charge.
Taxi owners and lenders on Tuesday sued New York City and its Taxi and Limousine Commission, saying the proliferation of the popular ride-sharing business Uber was destroying their businesses and threatening their livelihoods.
The lawsuit filed in Manhattan federal court accused the defendants of violating yellow cab drivers’ exclusive right to pick up passengers on the street by letting Uber drivers who face fewer regulatory burdens pick up millions of passengers who use smartphones to hail rides.
According to the complaint, the number of Uber rides in the « core » of Manhattan increased by 3.82 million from April to June 2015 compared with a year earlier, while medallion cab pickups fell by 3.83 million.
They said this had driven down the value of medallions, which yellow cab drivers need to operate, by 40 percent from a peak exceeding $1 million and caused more defaults.
The quest for scale, driven by the distribution power of a few enormous technology platforms, is killing the business case for local news. Will anything take its place?