Lyft’s Pink subscription plan is back with a lower $10 fee (and fewer perks)

Lyft is once again rethinking its monthly subscription plan, and this time the cost might be easier to justify. The company has re-launched its Pink membership at $10 per month or $99 per year, or about half the previous price. You lose the discounts on all rides. Instead, the focus is on perks that may… Continue reading Lyft’s Pink subscription plan is back with a lower $10 fee (and fewer perks)

RapidSOS, Interview With CEO Michael Martin

RapidSOS CEO Michael Martin RapidSOS, a New York-based provider of an intelligent safety platform, just raised $75m in financing. In conjunction with the announcement, CEO Michael Martin answered to our questions about the company, the product and the funding, as well as their plans. FinSMEs: Hi Michael, can you tell us a bit more about… Continue reading RapidSOS, Interview With CEO Michael Martin

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Oct 25 (Reuters) – A group representing self-driving car companies is appointing a former U.S. Senate aide as its new head as the industry works to convince U.S. policymakers to speed the deployment of autonomous vehicles and jumpstart stalled legislation. The Autonomous Vehicle Industry Association (AVIA) has tapped Jeff Farrah as its first executive director,… Continue reading Untitled

Here’s Why The Zenvo TS1 GT is Highly Underrated – HotCars

Every few decades, we see a turning point in the design, performance, and purpose of a car. For example, the Ford Model T changed the industry by becoming the world’s first mass-producing car. McLaren F1 started the trend a few decades ago, and it hasn’t stopped since. After the 3-seater hypercar took the world by… Continue reading Here’s Why The Zenvo TS1 GT is Highly Underrated – HotCars

FTC seeks to penalize Drizly and its CEO over a breach that exposed 2.5 million users’ data

The Federal Trade Commission wants to limit the amount of personal information Drizly can collect as part of the enforcement actions it’s proposing against the marketplace and its CEO. According to the FTC, the alcohol delivery service that Uber had purchased in 2021 and its chief executive, James Cory Rellas, were alerted to security issues… Continue reading FTC seeks to penalize Drizly and its CEO over a breach that exposed 2.5 million users’ data

The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe

Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel… Continue reading The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe

Arrival restructures (again), Bird shrinks and highlights from Disrupt

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading Arrival restructures (again), Bird shrinks and highlights from Disrupt

WorkGenius Acquires JBC

WorkGenius, a New York-based freelance technology company, acquired JBC, a NY-based staffing company. Investments were provided by Carlos Medeiros, former partner at Softbank, and Chad Leat, former Vice Chair of CitiGroup, who join existing equity investors including John Jahr and Axel Sven Springer. Investcorp BDC and CION Invest Corp provided the debt facility and also invested in the equity. Carlos… Continue reading WorkGenius Acquires JBC

Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities

DUBLIN, Oct. 24, 2022 /PRNewswire/ — The “Robo Taxis Global Market Report 2022” report has been added to  ResearchAndMarkets.com’s offering. The global robo-taxis market is expected to grow from $1.05 billion in 2021 to $1.71 billion in 2022 at a compound annual growth rate (CAGR) of 63.3%. The robo-taxis market is expected to grow to $11.01… Continue reading Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities

Chip City Cookies Receives $10M from Enlightened Hospitality Investments

Chip City Cookies, a New York-based cookie brand, raised $10M in funding. Enlightened Hospitality Investments made the commitment. The company intends to use the funds to accelerate growth plans to scale its gourmet cookie concept beyond New York City, and strengthen its brand position within the competitive cookie segment, bolstered by its ship-anywhere partnership with Uber… Continue reading Chip City Cookies Receives $10M from Enlightened Hospitality Investments