Ridesharing

Internet Webpages Newspaper, Inc. (IWN), an Illinois-based, minority-owned business, is joining forces with the game-changing RaveVenn app.

According to the complaint, Lyft issued a press release and accompany Supplement Data announcing its year-end and fourth quarter 2023 operating results after the close of the market (at 4:05 p.m.) on February 13, 2024. The Lyft press release and Supplemental Data (at page 10) misrepresented in a bulleted line item that Lyft anticipated “Adjusted EBITDA [Earnings Before Interest Taxes Depreciation and Amortization] margin expansion (calculated as a percentage of Gross Bookings) of approximately 500 basis points year-over-year.” Inasmuch as Lyft had reported 2023 EBITDA margins of approximately 1.6%, a 500 basis point (or 5.0%) margin expansion would have increased profitability to 6.6% -- or by over three times historical results. News services and stock analysts reported promptly on the four-fold anticipated increase in profitability. However, the 500 basis point margin expansion was stated in error; in reality, the basis point margin expansion was just 50 points.

The Hong Kong Polytechnic University (PolyU) is harnessing innovative GeoAI technologies to provide ground-breaking solutions for some of the environmental and social challenges facing the world today, in various fields including transportation, urban and public safely, planning, climate change and natural disasters.

HERNDON, Va., April 7, 2024 /PRNewswire/ -- HawkEye 360 Inc., the world's leading defense technology company for space-based radio frequency (RF) data and analytics, announced today that its clusters 8 and 9, which contain six satellites total, will launch aboard SpaceX's Bandwagon-1 Rideshare mission from Florida no earlier than April 2024. This is the first time HawkEye 360 is placing two clusters simultaneously into orbit, positioned at mid-inclination for increased coverage over the busiest maritime traffic corridors of the world.