Uber and Lyft will have to increase the minimum pay rates for drivers in New York City by the end of the year, Engadget reports. The fare increase comes amid a driver shortage post-pandemic, in large part due to rising operational costs. The city’s Taxi and Limousine Commission (TLC) voted to increase the per-minute rates… Continue reading Uber, Lyft to pay NYC drivers more by end of year
Tag: Uber
Tiger Global picked up Microsoft, Block, Uber shares in Q3The hedge fund cut stakes in most of its portfolio in the second quarter amid losses.
Investment firm Tiger Global Management raised its stake in tech giant Microsoft Corp, Jack Dorsey’s payments firm Block Inc and Uber Technologies Inc last quarter, a regulatory filing released on Monday showed. The hedge fund cut stakes in most of its portfolio in the second quarter amid losses. The tech-focused investor had logged losses earlier this year as the Federal Reserve’s monetary policy tightening and surging inflation… Continue reading Tiger Global picked up Microsoft, Block, Uber shares in Q3The hedge fund cut stakes in most of its portfolio in the second quarter amid losses.
The Amazonification of Uber
It’s been six months since Uber hosted Go, Get, a global smorgasbord of product reveals and features that covered everything from booking party buses and voice ordering for Uber Eats to linking travel plans to Gmail and skipping the food lines at sports stadiums. The product reveals aren’t just about creating new revenue streams or… Continue reading The Amazonification of Uber
14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More
The cooking fire was once the center of the home. The modern stove has mostly removed fire from the equation, and architectural trends have shunted the hearth off to the side of the den, but the kitchen is still usually where the heart is. It’s where you make holiday meals. It’s where the kids lurk… Continue reading 14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More
Crowdsourcing Bridge Inspection
Apps that tap into smartphone sensors to monitor human health and diagnose diseases abound. Now, engineers have come up with a way to use smartphone data to reveal if bridges are ailing, allowing repairs before they fail. Using such crowdsourced data as part of maintenance could increase a new bridge’s lifespan by over fourteen years… Continue reading Crowdsourcing Bridge Inspection
This Week in Transportation News: 11 Stories You Need to See
A roundup of the week’s most newsworthy auto and transport industry press releases from PR Newswire NEW YORK, Nov. 11, 2022 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the auto and transportation industries stay on top… Continue reading This Week in Transportation News: 11 Stories You Need to See
Russia’s Sway Over Criminal Ransomware Gangs Is Coming Into Focus
Russia-based ransomware gangs are some of the most prolific and aggressive, in part thanks to an apparent safe harbor the Russian government extends to them. The Kremlin doesn’t cooperate with international ransomware investigations and typically declines to prosecute cybercriminals operating in the country so long as they don’t attack domestic targets. A long-standing question, though,… Continue reading Russia’s Sway Over Criminal Ransomware Gangs Is Coming Into Focus
The Backyard: Doha’s Most Desired Destination for Alfresco Dining and Exciting Entertainment
A daily lineup of International Local & Intl artists to spice up the football festivities in Qatar and excite local fans and tourists DOHA, Qatar, Nov. 9, 2022 /PRNewswire/ — The Backyard, a first-of-its-kind entertainment venue in Doha, is all set to welcome crowds during the global sports season that will kick off in Qatar… Continue reading The Backyard: Doha’s Most Desired Destination for Alfresco Dining and Exciting Entertainment
Ex-Venturra exec’s Ansible Ventures raises $8m for first close of debut fund
Ho Chi Minh City-based early-stage venture capital firm Ansible Ventures has secured $8 million for the first close of its inaugural fund, according to a statement. Ansible Ventures was founded in June 2022 by Valerie Van Vu, who was previously Vietnam head of investments at Venturra, in partnership with Asian multi-family office Alto Partners. The… Continue reading Ex-Venturra exec’s Ansible Ventures raises $8m for first close of debut fund
Data Vantage: Novelship, Borneo pocket funding; NEON, Cleantech Solar report financials
Novelship, a Singapore-based sneaker and streetwear marketplace, received $9.5 million this week from East Ventures, GSR Ventures and iGlobe Partners in Series A funding. The round was announced in May. In a separate transaction concluded this week, the startup allotted shares worth $12.2 million to convertible noteholders, including its Series A investors, Rocket Internet, Global… Continue reading Data Vantage: Novelship, Borneo pocket funding; NEON, Cleantech Solar report financials