Tag: Lyft

Scale raises $18 million to label data from autonomous car companies like Lyft and Embark

Autonomous cars need data. Lots of data. According to research conducted by the Rand Corporation, they’ll have to drive hundreds of millions or even billions of miles to demonstrate their safety. Companies like Waymo are well on their way; the average self-driving vehicle is projected to generate more than 300 terabytes per year. But collecting data isn’t the only… Continue reading Scale raises $18 million to label data from autonomous car companies like Lyft and Embark

Stop Uber From Flooding New York

On Tuesday evening, the New York City Council introduced a bill to place a temporary cap on the number of for-hire vehicles — the kind provided by services like Uber and Lyft — allowed on the city’s streets. It’s about time: In recent years these cars have flooded New York, clogging our streets and driving… Continue reading Stop Uber From Flooding New York

Actually, Curbing Uber Won’t Relieve Heavy Traffic

Are ride-sharing and -hailing services like Uber and Lyft causing road congestion? This has been the perception in cities across the country, and the companies have come under fire for it. In New York City, it has led to a proposal to curb, for a year, for-hire-vehicle companies from adding new driver’s licenses (except for… Continue reading Actually, Curbing Uber Won’t Relieve Heavy Traffic

Rideshare companies offered New York $100M to drop proposed regulations

Lyft, Uber and Via yesterday made an offer to succor New York City’s beleaguered taxi medallion owners: a $100 million relief fund paid over five years to cover the plight of these poor souls. But the city, in its arrogance, refused this generosity! How could they? Perhaps because the money was contingent on New York… Continue reading Rideshare companies offered New York $100M to drop proposed regulations

Lyft will pay you $550 to ditch your car for a month

Lyft is raising the stakes in its mission to dominate all modes of transportation in major cities. Starting in August, the ride-hailing company will offer 100 residents of Chicago $550 each in credit to Lyft and several other mobility services if they ditch their personal vehicles for a month. It’s a bold, if slightly gimmicky,… Continue reading Lyft will pay you $550 to ditch your car for a month

Lyft sued for patent infringement

A professor from Georgia sued Lyft for using an idea he had in 1999. A new lawsuit goes through the industry and this time it has the car broker Lyft met. The retired professor of engineering at the Georgia Institute of Technology, Stephen Dickerson, sued the company because of the billing method. Aptiv Lyft fleet.… Continue reading Lyft sued for patent infringement

‘Waze of Parking’ app SpotAngels raises $2.3 million

SpotAngels, an app that uses crowdsourced data to help drivers find parking and avoid tickets, has raised $2.3 million from a group of investors that includes Google Maps co-founder Lars Rasmussen. Luc Vincent, the former head of Google Street View and vice president of engineering at Lyft, as well as Y Combinator, Streamlined Ventures and Via ID… Continue reading ‘Waze of Parking’ app SpotAngels raises $2.3 million

Lime hits six million rides

Lime, the bike and scooter-share company that recently raised $335 million from GV, Uber and others, has hit six million rides since launching last June. Lime, which first launched in Greensboro, N.C., has since expanded to 70 cities. In comparison, Bird announced in April it hit 1 million rides since launching in November. Lime’s ridership in… Continue reading Lime hits six million rides

SoftBank-backed Mapbox targets ride-hailing, self-driving cars

July 20, 2018 Mapbox Inc., backed by SoftBank Group Corp., says it has a role to play in Masayoshi Son’s vision for ride-hailing and autonomous cars. The provider of mapping data for Tinder, Evernote and Facebook Inc. in October raised $164 million in a funding round led by the SoftBank Vision Fund. The infusion was… Continue reading SoftBank-backed Mapbox targets ride-hailing, self-driving cars