More Uber drivers in the U.S. will start to see their fares and routes before accepting rides, Uber said today as part of a larger announcement.
Why it matters: The company has tried to improve driver support in face of increased competition for gig workers and criticism for not providing enough support to drivers.
Sony lowered its expectations for its 2022 PlayStation business this morning, trimming its annual sales forecast from $27.4 billion to $27.1 billion.
Why it matters: It's another downward indicator from a top gaming company this week. However, it's small enough that panic about the industry is probably premature.
I've driven a number of vehicles recently with Ford's BlueCruise hands-free highway driving assistant, and here's my takeaway: It's still a work in progress.
The big picture: Ford is only the second automaker to offer a true hands-free highway driving system. GM's Super Cruise was first in 2017.
Tech giants that have often sailed above the economy's turmoil can't escape the current downturn's pain, as this week's earnings reports from the sector's key companies illustrated.
Why it matters: Even as other industries struggled during the pandemic, tech prospered because so much of the economy shifted online. Now they are preparing to take a direct hit.
Regulators issued a stern order to bankrupt cryptocurrency lender Voyager Digital: stop telling customers their deposits are protected by the government, according to a letter sent to company executives on Thursday.
Why it matters: Voyager was one of the companies pushed into bankruptcy as turmoil swept the crypto market. The warning from regulators comes after a frenzy of customer confusion about whether their deposits would be reimbursed following a stretch of misleading claims from the company.
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