The vast majority of Uber and Lyft drivers are earning less than minimum wage and almost a third of them are actually losing money by driving, according to researchers at the Massachusetts Institute of Technology. A working paper by Stephen M. Zoepf, Stella Chen, Paa Adu and Gonzalo Pozo at MIT's Center for Energy and Environmental Policy Research says the median pretax profit earned from driving is $3.37 per hour after taking expenses into account. Seventy-four percent of drivers earn less than their state's minimum wage, the researchers say.

“Saturday Night Live” officially has the most wins in Emmy history for Outstanding Original Music and Lyrics. At Sunday’s 2018 Creative Arts, the 43-year series just won its third Emmy in the category, for the song “Come Back Barack” written by Eli Brueggemann, Chris Redd, Will Stephen and Kenan Thompson. (Watch our fun interview with Thompson.) By claiming gold, “Come Back Barack” essentially stopped Benj Pasek and Justin Paul from earning an EGOT (Emmy, Grammy, Oscar, Tony) this time around.

The iPhone X smartphone costs $357.50 to make and sells for $999, giving it a gross margin of 64 percent, according to TechInsights, a firm that tears down technology devices and analyzes the parts inside. The iPhone 8 sells for $699 and has a gross margin of 59 percent. The finding is surprising because technology products tend to become more profitable as they age and the parts for them drop in cost.

Apple's iPhone XR has been outselling the iPhone XS and iPhone XS Max every day since the cheaper, colorful phone hit the market last month. Greg Joswiak, Apple's vice president of product marketing, told CNET in an interview Wednesday that the device has "been our most popular iPhone each and every day since the day it became available."

We have already seen Apple aggressively promote trade in bonuses, moves that the company does not typically make in the wake of the release of new iPhones. However, it seems like Apple is working harder than ever to push unit sales this time around. Bloomberg reports that Apple told some marketing staff to put their work on hold and switch to focusing on iPhone marketing, another sign that iPhone XS and iPhone XR sales are not as strong.