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Ride Sharing Services Add to Road Congestion, New Study Finds

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Do ridesharing like Uber and others cause traffic jams? A new study conducted in America of industry leaders Uber and Lyft found that these transportation network companies (TNCs) have been exacerbating the challenges of urban transportation since their debut in the US. Those involved in the study said they examined three aspects of the impact of TNCs on urban mobility in the US - traffic congestion, transit drivers and private vehicle ownership to arrive at the conclusion. Although the conclusion might be different in other parts of the world, it is very important that this question be investigated in more detail. The study was published in Nature Sustainability in an article entitled "The Impact of Transport Network Operators on Urban Mobility". The researchers were from the Singapore Alliance for Research and Technology Center, Department of Urban Research and Planning, MIT, and the College of Architecture and Urban Planning at Tongji University in China. This study

Apple now has 660M paid users across its Services

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Image source: APPLE Apple now has 660 million paid users on its services. With a record $ 16.9 billion in revenue for its services, Apple has more than 660 million paid subscriptions for the services on its platform. That's 145 million more than a year ago and twice as many paid subscriptions as 2.5 years ago. The company published records for the App Store, cloud services, music, video, advertising and payment services. Apple's installed base growth has accelerated, reaching all-time highs in all major product categories. "The number of transaction and payment accounts in our digital content stores reached a new all-time high in the March quarter. The payment accounts increased by double digits in each of our geographic segments," said Luca Maestri, Senior Vi

Facebook Company Renamed Meta; will Focus on Metaverse Tech and Services

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Facebook boss Mark Zuckerberg has announced that the company has been renamed Meta; focuses on Metaverse technology and services. The company recently came under fire after whistleblower Frances Haugen (former product manager) published internal research and documents that showed Facebook was aware of the “toxic” problems its social media poses to people; but did nothing about it. Still, some doubted their motives. This could have resulted in Facebook (the company, not the social media platform) changing its name. The motive was cited as an effort to be known for more than just social media and its harms. Zuckerberg said the company would "effectively move from people who see us primarily as a social media company to a metaverse company." This metaverse company is now known as meta. In the opening keynote of Facebook Connect 2021, Zuckerberg sheds light on how Facebook was used back then to find most information on the Internet. To keep using technology to con