The misunderstandings of 18-month-old Luckin’s $500m IPO

Luckin Coffee is the most energizing IPO in recent memory, and not just because it sells caffeine. Most venture-backed startups can take a decade to reach the public markets. Luckin cut that time down to about 18 months. Founder Jenny Qian Zhiya opened a trial coffee shop in Beijing, with a focus on rapid coffee […]

Uber offers shareable video of drivers’ ‘journey’

A new feature rolling out to Uber drivers offers a semi-customized look at their “journey” with the company. On the face of its, the video is similar to sort offered up by Facebook on the occasion of anniversaries. Here, it pairs a driver’s stats with jaunty music and animation, highlighting how long they’ve been driving […]

After criticism over moderator treatment, Facebook raises wages and boosts support for contractors

Facebook has been repeatedly (and rightly) hammered for its treatment of the content moderators who ensure the site doesn’t end up becoming a river of images, videos and articles embodying the worst of humanity. Those workers, and the hundreds (if not thousands) of other contractors Facebook employs to cook  food, provide security, and transportation for […]

Spotify brings its slimmed-down ‘Lite’ app to India

Spotify has launched a more slimmed-down version of its streaming music app in India, only months after its public debut in the country. The Android-only app, Spotify Lite is only 11 MB in size compared with 30 MB for the main app — a change that’s common to apps targeting emerging markets where bandwidth and […]

Adobe brings new Amazon and Google integrations to Magento

It’s only been a few months since Adobe launched its Commerce Cloud, based on its $1.6 billion acquisition of Magento. Today, at its Imagine 2019 conference, the company announced a number of updates to Magento that focus on expanding the platform’s reach for the small- and mid-size businesses that use the service. When Adobe acquired […]