Serve to rely on Magna’s manufacturing expertise to scale its fleet to up to 2,000 robots for Uber Eats and for geographic expansion Magna has been licensing Serve’s technology to support development of new robotic products SAN FRANCISCO, April 24, 2024 /PRNewswire/ — Serve Robotics Inc. (the “Company” or “Serve”) (NASDAQ:SERV), a leading autonomous sidewalk… Continue reading Serve Robotics Enters Production Agreement with Magna to Scale Robot Manufacturing
Tag: Uber
Thunes Acquires Tilia
Thunes, a Singapore-based global cross-border payments company, acquired Tilia LLC, a San Francisco, CA-based provider of a payments platform. The amount of the deal was not disclosed. Tilia offers a payments platform for digital economies. Through its technology and as a licensed money transmitter in the United States, the company enhances online economies by providing… Continue reading Thunes Acquires Tilia
Tesla teases its upcoming Uber-like self-driving ride-hailing app
Tesla ride-hailing app Tesla has teased its upcoming self-driving ride-hailing app, previously called ‘Tesla Network’, that the automaker is positioning as a Uber competitor. For years now, Tesla has been talking about releasing a ride-hailing app to compete with Uber and now Waymo. At times, there have been talks about releasing it without self-driving capability,… Continue reading Tesla teases its upcoming Uber-like self-driving ride-hailing app
Thunes announces agreement to acquire Tilia LLC
LONDON , April 23, 2024 /PRNewswire/ — To accelerate its growth in the United States and its presence in the fast-expanding online gaming market, Thunes, a global cross-border payments company, is proud to announce that it signed a definitive agreement to acquire Tilia LLC, an all-in-one payments platform. Tilia is licensed in 48 U.S. states and territories… Continue reading Thunes announces agreement to acquire Tilia LLC
Almost Nobody Is Buying Apple’s Super Expensive Vision Pro VR Headset
We’re shocked. Hindsight 20/20 It’s been less than three months since Apple released its uber-expensive Vision Pro virtual reality headset — and it sounds like the tech giant is reportedly struggling to sell existing stock. As Bloomberg reports, barely anybody is even booking demos to try the $3,500 device out at stores. Sales have also… Continue reading Almost Nobody Is Buying Apple’s Super Expensive Vision Pro VR Headset
Serve Robotics Inc. Announces Closing of $40 Million Public Offering and Uplisting to the Nasdaq Capital Market Under New Ticker “SERV”
SAN FRANCISCO, April 22, 2024 /PRNewswire/ — Serve Robotics Inc. (the “Company” or “Serve”), a leading autonomous sidewalk delivery company, today announced the closing of its underwritten public offering of 10,000,000 shares of common stock at a price to the public of $4.00 per share, for aggregate gross proceeds of $40 million, prior to deducting… Continue reading Serve Robotics Inc. Announces Closing of $40 Million Public Offering and Uplisting to the Nasdaq Capital Market Under New Ticker “SERV”
The Next US President Will Have Troubling New Surveillance Powers
The ability of the United States to intercept and store Americans’ text messages, calls, and emails in pursuit of foreign intelligence was not only extended but enhanced over the weekend in ways likely to remain enigmatic to the public for years to come. On Saturday, US president Joe Biden signed a controversial bill extending the… Continue reading The Next US President Will Have Troubling New Surveillance Powers
Cleantechnica: Hype Taxi Using Massive European Grants To Pay For Champagne-Scale Hydrogen Costs 003367
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In the crazy world of hydrogen for transportation plays, some endeavors stand out. Ballard’s $1.3 billion in losses, $55 million a year since 2000, with no profits ever is one. The $1.2 billion that California received as a hydrogen… Continue reading Cleantechnica: Hype Taxi Using Massive European Grants To Pay For Champagne-Scale Hydrogen Costs 003367
India’s Ola Cabs plans $500m IPO, to appoint banks soonThis is Ola’s second attempt at an IPO after a 2021 plan to raise up to $1 billion was canned.
Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation of about $5 billion, three sources with direct knowledge of the matter told Reuters on Friday. SoftBank-backed Ola is India’s answer to Uber and plans to file papers for approval with the country’s market regulator within three months, said… Continue reading India’s Ola Cabs plans $500m IPO, to appoint banks soonThis is Ola’s second attempt at an IPO after a 2021 plan to raise up to $1 billion was canned.
Uber’s Annual Lost and Found Index: Delhi continues its run as most forgetful city
Uber today released the 2024 edition of its Lost and Found Index, a snapshot of the most frequently forgotten items, the most forgetful cities, as well as the days of the week and times of the year when Uber riders tend to be most forgetful. Delhi bagged the title of the most forgetful city in… Continue reading Uber’s Annual Lost and Found Index: Delhi continues its run as most forgetful city