Finance News – Algorithm
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Second study finds Uber used opaque algorithm to dramatically boost profits
Researchers have revealed that Uber employed a non-transparent pricing system which significantly increased its earnings by adjusting fares and driver payments in a manner that lac...
Read Full Article →Rough ride: how Uber quietly took more of your fare with its algorithm change
Since implementing dynamic pricing, Uber’s increased commission rate has significantly reduced drivers’ income by taking a larger portion of fares through algorithm adjustments.
Read Full Article →UK Uber drivers’ earnings cut after secretive algorithm changes
A recent study indicates that changes in Uber's pricing system have led to reduced hourly incomes for drivers in the UK, despite an overall increase in trip costs for passengers.
Read Full Article →Leading DEX aggregated 1inch unveils new ‘Pathfinder’ algorithm for improved swap rates
The updated algorithm developed by 1inch Labs aims to enhance transaction efficiency by optimizing price routes, potentially lowering costs and improving execution speed for decent...
Read Full Article →Why the algorithm approach beats the 4% rule at estimating your retirement income
Utilizing an advanced method that incorporates government pension timing can provide a more accurate projection of retirement funds compared to traditional fixed-percentage withdra...
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