Author: wazup

Lyft’s ride-hailing business is down 70 percent, year over year, as a result of the COVID-19 pandemic, the company’s chief executives said in an earnings call with investors Wednesday. The company’s ride volume hit a bottom in the second week of April, plummeting 75 percent year-over-year, and has since gradually risen in the final weeks of the month. As the COVID-19 related shutdown continues wit...

Etsy began pushing homemade masks in early April, and the results panned out in a big way: total sales on the platform doubled last month, by and large thanks to a surge in face mask sales. For comparison, Etsy’s marketplace sales figures between January and March were up only 16 percent. More than 12 million face masks were sold during April, totaling around $133 million in sales. Etsy says they ...

Movie theaters across the country are closed, but some drive-ins are seeing a resurgence in the wake of social distancing practices. Now, Tribeca Enterprises (the company behind the Tribeca Film Festival), IMAX, and AT&T are partnering to bring a summer movie series to as many drive-in theaters as possible in the US. Tribeca Drive-In will feature a curated selection of movies both old and new,...

Today, as America faces a difficult debate about “reopening” state economies during the coronavirus pandemic, The New York Times seemingly offered a helpful piece of guidance. The paper’s opinion section published a visualization of how people engage with different businesses like bars and gyms, estimating their risk of infection at each. Alarmingly, it dubbed some of these places dangerous “super...