News for hackers. Stuff that matters.

deferred

Re:Former employees say Lyft staffers spied on passengers on Thursday January 25, 2018 @05:44PM (#16235433)
“This was said to be used to look up ex-lovers, check where their significant others were riding and to stalk people they found attractive who shared a Lyft Line with them... One staffer apparently bragged about obtaining Facebook CEO Mark Zuckerberg’s phone number.”

Right so nothing to see here...

My theory to explain the price surge is that cryptotraders are looking for non-correlation against Bitcoin which is currently trading at such a high value that it is making a lot of people nervous. Ripple is the largest coin that didn’t participate in the rapid marketcap gains that the BTC bullmarket pulled ethereum, litecoin, etc into. A lot of traders hear ‘centralized blockchain’ and think that makes it a good hedge against bitcoin’s distributed nature - doesn’t seem to be a lot of understanding about how these bank partnerships work or what an investment in an XRP token actually gets you.
Re:SoftBank Succeeds in Tender Offer for Large Stake in Uber on Thursday December 28, 2017 @03:30PM (#16024669)
As someone pointed out above, this deal seems to be modeled after DST’s 2009 tender offer for Facebook shares - they paid a 35% discount for common shares from employees and early investors. DST cashed out in the IPO making a return of around ~18x.
Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares on Thursday November 30, 2017 @05:17PM (#15820106)
Seemingly not even sr management gets dinged for this. Cruise (GM) just named Susan Fowler’s former boss from Uber their new CTO.

https://news.ycombinator.com/item?id=15819808