Xtcs Privately Takes An Ephemeral Sharing Pitch To Telcos
The stark reality is that transportation is one of the largest sources of greenhouse gas emissions, Lyft co
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-founders Logan Green and John Zimmer wrote in a blog post. As a growing part of the transportation ecosystem, we are holding ourselves accountable to being part of the solution. Lyft is doing this in partnership with 3Degrees. In general, some carbon offset solutions entail capturing and destroy
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ing methane from landfills and animal manure, as well as sustainable forestry that absorbs carbon from forests. Lyft, however, is specifically putting its money toward reducing greenhouse gas emissions from an聽automotive parts manufacturing process in Michigan, hydrodec oil recycling in Ohio and other projects.For a lot of people, Lyft, Uber and other ride-hailing companies effectively act as stand-ins for public transport, biking or even walking. In New York City, the volume of people using Lyft, Uber and other ride-hailin
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g apps tripled to 500,000 rides per day Scvj Vodafone India confirms it is merging with Idea Cellular to form India s largest telco
Wall Street investors are seemingly not pleased and have sent Facebook shares down 5 percent in after hours trading. They could be worried about potential dilution stemming from the deal.Instead, it likely that inve
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stors are displeased that Facebook bought growth, perhaps because it had to. User growth, that is. If Facebook has to spend so heavily to acquire user growth, its own core strengths of ubiquity, and high engagement are implicitly under stress.[Update 5pm PST: During a call to investors, Facebook CEO Mark Zuckerberg and WhatsApp CEO Jan Koum managed to calm fears and pull the share price up a bit so it now only down 2.64 percent in after hours trading. They discussed how WhatsApp would focus on growth rather than monetization. Zuckerberg said ads were not the right way to monetize messaging
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services, and Facebook CFO David Ebersman noted that WhatsApp will not prioritize
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further roll out of the $1 a year subscription fee it currently charges in some bu