October 2017

Business

New York City yellow cabs have taken a back seat to Uber

uberREUTERS/Eduardo Munoz

The growth in popularity of ride-hailing apps like Uber has affected ridership  numbers for New York City’s yellow cab industry over the past several years.

But the once David and Goliath relationship between competitors now looks much more even.

For the first time ever, more people took Uber than yellow cabs, according to some number-crunching from the New York Times. The Times reported that in July, Uber had an average of 289,000 rides per day while yellow cabs came in second with 277,000.

The report credits Uber’s growth mainly to its availability in the outer boroughs where yellow cabs have become an increasingly rare sight. Half of Uber’s rides in New York City now start in an outer borough. That is up from 25% two years ago.

This will add pressure to an already stressed yellow cab industry. Taxi medallion prices have fallen from a high of over $1 million in 2013 to less than $200,000 currently. In response to the drastic fall in medallion values, the New York City Council’s Committee on Transportation recently approved a task force to study the medallion market.

But following Uber’s banishment from London, these numbers must be a welcome sight for the Silicon Valley unicorn.

NOW WATCH: Traders are gearing up for Trump’s tax cut plan

Fashion

This Eveningwear Trend Will Make You Ditch Your Heels

Wearing gowns and heels are so off-season now. Not to mention that it gets uncomfortable for long periods too. The need for comfort anywhere, at any time is emphasized by pairing sneakers with your eveningwear. The spring 2017 runways of Alexis Mabille and MSGM showcased dressy pieces paired with standard sneakers. This made the ensembles […]

The post This Eveningwear Trend Will Make You Ditch Your Heels appeared first on Preen.

Travel

Berlin’s popular Thai Park faces threat of closure

The iconic but illegal Preussenpark food market could become a victim of its own success as officials clamp down over hygiene and safety regulations

Under the last of the summer sun, Thai hawkers dish up noodle soups flavoured with garlic and coriander, and prepare spicy papaya salads to order by hand. The sea of women in floppy brimmed hats, cooking street food under multi-coloured umbrellas, looks straight out of Bangkok, but this is western Berlin.

Thai Park, an open-air food market and popular tourist attraction usually wraps up at the end of October. But this year it is ending on a troubled note – the illegal market might not be allowed to resume in 2018.

Continue reading…

Business

Why You Should Avoid the Monthly Minimum Credit Card Payment Trap

One of the biggest myths prevailing in credit card usage is that minimum monthly payments are designed to help consumers get rid of their balance in a timely fashion. However, as we are about to demonstrate for you below, such a statement cannot be farther away from the truth. In fact, making only the minimum payments on your credit card bill can cause your interest charges to skyrocket, inflating the total cost of your credit card debt. According to Value Penguin’s calculation, making only the minimum payment requirement every month on a credit card balance of S$10,000 can take you 21 years to pay down your entire balance. We based our calculation on two things. First, the average APR of credit cards is around 25%. Then, to obtain the time it takes to pay off a balance of S$10,000, we modeled credit card debt payback by using a method that most banks use to set their monthly minimum card payment: 3% of the remaining balance or S$50, whichever is greater. Each month, a consumer reduces the balance by the minimum payment amount, which is offset by some increase in balance from interest charges. Because your payments are based on the percentage of your

The post Why You Should Avoid the Monthly Minimum Credit Card Payment Trap appeared first on The New Savvy.

Entertainment

Erykah Badu Talks Politics and Letting Go In Her Manila Concert

If you were lucky enough to catch Erykah Badu’s concert last Saturday, you understand how surreal it is to see her perform live. The queen of neo-soul is everything you want her to be and more. She serenaded the audience with songs they love like “Bag Lady,” “Love Of My Life,” and “Appletree” while the […]

The post Erykah Badu Talks Politics and Letting Go In Her Manila Concert appeared first on Preen.

Architecture

New Zealanders worry about a ‘chipocalypse’ as potato supply drops

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We don’t want to ever live in a world where there is a “chipocalypse.”

No wonder New Zealanders are concerned at the prospect, as 20 percent of potato crops have been lost due to extended periods of wet weather, according to the New Zealand Herald.

Supermarkets have indicated to the newspaper there might be a shortage in potato crisps, as manufacturers have a smaller cut of potato crops in the country. Normal potato supply won’t return until the new year.

When the chips are down, people are going to freak out — a bit — on social media. Read more…

More about Australia, Food, New Zealand, Chips, and Culture

Business

Australia tries to solve its bike-sharing dumping problem

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Singapore-based, dockless bike-sharing service oBike fished 42 bikes out of Melbourne’s Yarra River in one day.

Suffice it to say, something has to be done about the high instances of bike-share dumping — and slowly but surely, local councils around the world are taking the lead.

Dockless bike-sharing services have become synonymous with large, unsightly piles of dumped bikes, or bikes left in unusual locations, up trees, in rivers, or just scattered haphazardly around city streets.

This is not where you return your #obike#melbourne #victoria pic.twitter.com/C6V3V3BVB2

— Paul Wong (@___pw___) September 19, 2017 Read more…

More about Australia, Melbourne, Bikes, Bike, and Bike Sharing

Business

Australia launches a world-first national reporting tool for revenge porn

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Taking steps to reporting and removing revenge porn, a.k.a image-based abuse, can be arduous, both emotionally and regarding the amount of steps required to get it done.

Australia’s government is aiming to make the process simpler, with the launch of a national portal for reporting instances of image-based abuse.

The portal will allow victims to report revenge porn online, and provide immediate access to support that had been previously been unavailable, according to a statement. A pilot phase will examine the complexity and the volume of the reports before the portal officially launches early next year. Read more…

More about Tech, Australia, Social Media, Revenge Porn, and Tech

Entertainment

This ‘Game of Thrones’ Season 8 casting just debunked one of our favorite theories

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The Golden Company is coming to Game of Thrones in Season 8, and now we know who’s leading it — and who isn’t. 

Cersei ominously namedropped the infamous sellswords in the Season 7 finale while telling Jaime about her evil scheme to defeat Daenerys and Jon — having tricked everyone into thinking Euron Greyjoy had abandoned her and run back to the Iron Islands when in reality, he was jetting off to Essos to hire some mercenaries to beef up the Lannister ranks.

We’ve previously discussed how the Golden Company could end up working in Dany’s favor instead of Cersei’s in the final season, but a new piece of casting news throws a slight wrench into our theory. Read more…

More about Hbo, Game Of Thrones, Fan Theories, Fan Theory, and Game Of Thrones Season 8

Business

Drone-delivered burritos are a real thing, at least for a lucky few

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The future is here, and boy is it spicy. Alphabet’s Project Wing announced Monday that it will start delivering burritos to hungry customers via drone. That’s right, you can soon have heavenly manna slathered in Australian Jack cheese dropped right on your head — that is, if you happen to live in the outskirts of the Australian Capital Territory.

Project Wing, one of Alphabet’s “moonshot factories” under the X umbrella, is testing delivery drones and has selected the relatively remote area for its latest voyage into the tinfoil-wrapped unknown. In addition to Mexican food from a chain, the company will also ferry medication on behalf of a pharmacy.  Read more…

More about Google, Australia, Drones, Alphabet, and Project Wing

Art

LAEM Sessions: Andrew Yee talks about the things that inspire him to make great art

Australian artist Andrew Yee is a modern-day Renaissance man. The dude illustrates, raps, creates video content, and heck, he even puts out wrestling podcasts. Unlike many artists, the Sydney-based creative … Read more

The post LAEM Sessions: Andrew Yee talks about the things that inspire him to make great art appeared first on Lost At E Minor: For creative people.