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Could Facebook trump Tinder with new Dating Service

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One of the standout highlights from the F8 conference was Facebook announcing it was joining the online dating community. Awkward!
These new additives will be built into Facebook’s existing app, aggregating information from your profile to match you with potential lovers based on mutual interests and friends.

During his F8 keynote, Zuckerberg went on to say the new features the company’s introducing will be for “real, long-term relationships, not just hook-ups.”

Your dating profile will reportedly be separate from your main Facebook profile, and that your friends can’t access it. In fact, you’ll only be suggested people who aren’t already your friends.

Further looks at the features revealed users could meet up by adding events they were attending to their dating profile, and seeing other singles who had done the same. The messaging service they would use to connect is built into the dating profile, separate from Messenger, and text-only.

Coincidentally, shortly after Facebook made this announcement, the stock of Match plunged precipitously. Match – the company that owns Tinder, OKCupid, and Plenty of Fish – saw its stock plunge precipitously. It still managed to throw some shade at Facebook in a statement to TechCrunch:

“We’re surprised at the timing given the amount of personal and sensitive data that comes with this territory. Regardless, we’re going to continue to delight our users through product innovation and relentless focus on relationship success.”

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Uber’s third round of layoffs raises major red flags

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Uber has reportedly terminated employment for another 350 workers in its third wave of layoffs, the company revealed on Monday. Uber Eats and Uber’s self-driving unit were hit the the hardest according to documents obtained by Tech Crunch

CEO Dara Khosrowshahi sent an email to Uber workers to address what’s being described as “difficult but necessary changes.”

The company has parted ways with an estimated 400 workers in its marketing department since July and 435 engineering and product workers in September. Some workers have also been asked to relocate.

The ride-sharing giant admitted in August that it garnered $5 billion in losses in the second quarter of 2019, attributing the costs to one-time charges connected to Uber’s May stock offering. Excluding those charges, Uber’s ongoing burn rate has been around $1 billion in recent quarters. Third-quarter financial results are due out next month.

While the ongoing layoffs have raised concerns as to where the future of the company’s headed, UBER says those who were fired only make up about 1% of the company’s workforce. 

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Uber and Lyft drivers caught tampering with ride fares at DC airport causing artificial price surges

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According to WJLA, Uber and Lyft drivers at Reagan National Airport in Washington, D.C. are being accused of manipulating ride fare.

The drivers are reportedly turn off their ride share apps simultaneously for a few minutes to trick the app into thinking there are no drivers available in the area which then creates a price surge. As a result, the fare instantly increases when the drivers turn their apps back on.

The lot outside Reagan National airport is estimated to hold an estimated 120 to 150 drivers each day, waiting for the busy evening rush.

“All the airplanes we know when they land. So five minutes before, we turn all our apps off all of us at the same time. All of us we turn our apps off. They surge, $10, $12, sometimes $19. Then we turn our app on. Everyone will get the surge,” one driver told ABC7.

Both ride sharing companies have since then responded. See official statements below.

Lyft takes any allegations of fraudulent behavior very seriously as it violates our community guidelines and can lead to deactivation from the Lyft platform. – Lyft

At Uber, we work to ensure the reliability of our service for our riders and drivers. This behavior is neither widespread or permissible on the uber platform, and we have technical safeguards in place to help prevent it from happening. – Uber

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Facebook Co-founder calls for Company’s Breakup

The co-founder of Facebook is calling for the government to break up the tech giant in an op-ed article published in The New York Times Thursday morning.

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