One of Silicon Valley’s most infamous characters has narrowly avoided — yet again — the worst consequences of his actions. Anthony Levandowski reached a settlement agreement last week that resolves a number of disputes with his two former employers Uber and Google and puts to rest one of the most dramatic and complicated storylines in… Continue reading Inside the Uber and Google settlement with Anthony Levandowski
Author: Tech Crunch Online News
The Polestar 5 will be built atop a ‘bespoke’ bonded aluminum platform
The Polestar 5 will be cut from a different cloth than its predecessors when it launches at the end of 2024. Polestar announced on Tuesday that its upcoming electric performance sedan will ride atop an entirely new, lightweight bonded aluminum platform rather, than the welded design used by the 1 and 2. Polestar Because welding… Continue reading The Polestar 5 will be built atop a ‘bespoke’ bonded aluminum platform
Mundimoto raises $22.6M to expand online used motorcycle platform into Europe
Mundimoto, an online motorcycle buying and selling startup, has raised $22.6 million (€20 million) to expand its platform beyond its home country of Spain and into Europe, starting with Italy and Holland. The company plans to hire 50 engineers and 250 new employees to advance the technology product and support international expansion. The round was… Continue reading Mundimoto raises $22.6M to expand online used motorcycle platform into Europe
Waabi’s new simulator could scale autonomous vehicle tech faster
Testing autonomous vehicles on public roads is an expensive and time-consuming endeavor, and one that Raquel Urtasun, former chief scientist at Uber ATG, doesn’t think is the most expedient route to market. Waabi, Urtasun’s self-driving truck technology startup that launched last June, has come out with a key component of its strategy to scale its… Continue reading Waabi’s new simulator could scale autonomous vehicle tech faster
Chasing Cruise and Waymo, Chinese AV company AutoX plans to begin testing in San Francisco
AutoX, a Chinese autonomous vehicle company that has made plays in both the U.S. and its home country, is now making a move into San Francisco, an area where its biggest competitors are creeping towards commercialization. The company, which has been testing its vehicles in the greater San Jose area since 2016, shared plans to… Continue reading Chasing Cruise and Waymo, Chinese AV company AutoX plans to begin testing in San Francisco
Augmented reality finds a foothold in cars via safety features
The technology needed to electrify and automate cars is coming of age in tandem with the technology that powers augmented reality. Automakers keen on capturing the attention of their customers, and even attracting alternate forms of revenue, are considering the potential use cases of AR, now and in the future. The integrations that are coming… Continue reading Augmented reality finds a foothold in cars via safety features
Zoox robotaxis are already mingling with the public on semi-private test courses
Zoox has built dozens of custom-built electric robotaxis and is testing them in one or more “semi-private courses” in California, according to the company’s co-founder and CTO Jesse Levinson. “We have dozens of them — not hundreds yet, but it’s very far into the double digits, said Levinson, referring to the total number of robotaxis… Continue reading Zoox robotaxis are already mingling with the public on semi-private test courses
California agency sues Tesla for alleged racial discrimination and harassment
The California Department of Fair Employment and Housing filed a lawsuit against Tesla on Wednesday alleging racial discrimination and harassment. The complaint, which was filed in state court, calls out issues at Tesla’s Fremont, California manufacturing plant. The California agency had received “hundreds of complaints from workers” and found evidence that the Fremont factory is… Continue reading California agency sues Tesla for alleged racial discrimination and harassment
Uber wrapped 2021 with strong revenue growth and greater adjusted profitability
Today after the bell, Uber reported its fourth-quarter financial performance. The company saw $25.9 billion in gross platform spend, up 51% compared to its year-ago result, and revenues of $5.78 billion, up 83% compare to Q4 2020. The company also reported GAAP net income of $0.44 per share, though that number did include non-operating items… Continue reading Uber wrapped 2021 with strong revenue growth and greater adjusted profitability
Shared mobility company GoTo Global is going public through a shell company merger
GoTo Global, an Israeli mobility company that offers shared micromobility and car-sharing services in Spain, Israel, Malta and Germany, is going public on the Tel Aviv Stock Exchange (TASE) through a merger with shell company Nera Tech Media. The merger is expected to close in early April, which will initially give GoTo access to the… Continue reading Shared mobility company GoTo Global is going public through a shell company merger