Category Archives: Business

Microsoft Is Kicking Ass with Their Phones

It looks like Microsoft is kicking ass with their mobile phone division: Microsoft is cutting 2,850 more jobs beyond the 1,850 that the company announced would be eliminated earlier this year. The new cuts will hit phone hardware and sales. The entire computer world has moved to mobile, with everyone on either iOS or Android, […]

Hell Yes to Getting Lit on a Monday Night

Regular readers of Daily Exhaust know I’m not a fan of Microsoft. I feel this way for a lot of reasons. I think they’re always a day late and a dollar short with new products (see Windows Phone, Nokia, Microsoft Stores, etc), they historically have not valued design, and every attempt at being cool ends […]

Über-Average Income

Uber data reveals drivers earn less than $13.25 an hour: Uber is always droning on about how drivers are able to make money by driving their own vehicle, while having the freedom to choose their own schedules. A few years ago, Uber told The Wall Street Journal that a typical driver earns more than $100,000 […]

LinkedSoft

Last week news broke that Microsoft bought LinkedIn for $26.1 billion: For Microsoft, a big part of the deal is about being at the center of the business worker’s world. While it has ceded the personal social graph to Facebook and others, it sees being at the center of the worker’s world as too important […]

Microsoft Stores: Throw in the Towel

Microsoft tried to clone the Apple Store. It still hasn’t worked: Microsoft’s stores have a warm decor, plenty of helpful staffers and an array of PCs, phones and devices. They could use a few more customers, though. It’s hard to know exactly how the stores are doing since Microsoft won’t comment on either sales or […]

Healthy Competition

Uber enables global e-hailing through Alipay to fend against Lyft/Didi alliance: Now, riders will be able to pay for and hail a ride in the Alipay app in the more than 400 cities in which Uber operates. It’s an extension of Uber’s existing partnership with the company, which initially only allowed passengers in China to […]

Intel Not Inside

Ina Fried at Re/Code on Intel missing the mobile boat: After missing the early days of the smartphone revolution, Intel spent in excess of $10 billion over the last three years in an effort to get a foothold in mobile devices. Now, having gained little ground in phones and with the tablet market shrinking, Intel […]

Apple Can Do No Right

Over at The Wall Street Journal Daisuke Wakabayashi on Apple Watch first-year sales: Apple Inc. sold twice as many Watches as iPhones in each device’s debut year. Yet the smartwatch is dogged by a perception that seems premature given the history of Apple’s most popular devices: disappointment. As the Watch marks its first anniversary on […]

Über Shitty

Uber drivers are protesting Uber again: Drivers wielding megaphones stood atop giant piles of dirty snow in Queens this morning, railing against Uber’s recent decision to cut fares by 15 percent. “Shame on Uber,” chanted hundreds of New York City-based drivers, in between the airing of grievances. As the crowd occasionally got too close, Uber’s […]

It’s important to remember valuations of companies are completely made-up numbers.

Foursquare Raises $45 Million, Cutting Its Valuation Nearly in Half: When Dennis Crowley helped found Foursquare in 2009, he was ahead of the pack in creating a social app that used location technology. Now Foursquare may be at the front of another coming wave: tech start-ups that are raising money at lower valuations than before. […]

The Post-Retail Landscape

Interesting holiday retail facts from L2 on Youtube: An unlikely winner? Malls – at least high-end ones, which are flourishing. The top-rated malls of 2015 all had upscale department stores, luxury brand stores and high-tech electronics stores. An Apple Store increased mall revenue per square foot by 13%. Think about that. Apple is going to […]

Über-Greedy

Uber is going back to court next summer: Next summer, a federal court in California will hear arguments in a lawsuit that could change Uber forever. The lawsuit challenges the way Uber and other so-called transportation network companies classify their drivers as independent contractors rather than employees. But if that case goes poorly for Uber, […]

This is What the “Sharing Economy” Looks Like

The Verge took a look at Airbnb’s data in light of the New York attorney general’s beef with them: But a review of the data by The Verge found that Airbnb’s numbers, covering November of 2014 through November 1st of 2015, largely confirmed the attorney general’s accusations. A small number of hosts renting out multiple […]