TuSimple is in trouble. Last April, a semi-trailer truck operated by the San Diego-based company that was traveling down I-10 in Tucson, Arizona, suddenly lurched left, slamming into a concrete divider, according to dashcam footage leaked to YouTuber Asian Mai. TuSimple blamed “human error,” but a report in The Wall Street Journal says that’s a… Continue reading TuSimple reportedly tried to pass off a self-driving truck crash as ‘human error’
Tag: Uber
Tiger Global latest to trim stake in India’s Zomato after lock-in period expiresTiger Global’s stake has fallen from 5.11% to 2.77%.
On yet another eventful day for India’s Zomato, hedge fund Tiger Global cut its stake by almost half in the food delivery startup, less than two weeks after the lock-in period for pre-IPO investors ended. Tiger Global’s investment vehicle Internet Fund IV held a 5.11% stake in Zomato before the lock-in ended, which is now… Continue reading Tiger Global latest to trim stake in India’s Zomato after lock-in period expiresTiger Global’s stake has fallen from 5.11% to 2.77%.
Forget those Tesla crashes: GM says you can trust its autonomous vehicles
General Motors is racing to electrify its vast lineup of vehicles in a concerted bid to outpace Tesla as the No. 1 seller of EVs in the world. But it’s also competing with Tesla on a whole other front: autonomous vehicles. On this front, GM feels like it has an edge. It’s hands-free advanced driver-assist… Continue reading Forget those Tesla crashes: GM says you can trust its autonomous vehicles
Lyft assured no layoffs were coming — now employees are scrambling for their next gig
The day before Lyft shut down its in-house rental service and laid off close to 60 employees, the team in charge of the program was consumed by what they thought was a much bigger problem. Throughout June, the rentals team had attempted to get the service up and running in New York without success. The… Continue reading Lyft assured no layoffs were coming — now employees are scrambling for their next gig
This startup just raised $320M to make long-term care inside hospitals obsolete
Cera, a U.K. provider of healthcare inside people’s homes augmented by a platform that allows carers to monitor a patient’s health and potentially flag problems, has raised $320 million (£260 million) in an equity and debt financing round, split roughly 50/50. The equity side of the funding round was led by Cera’s existing investor Kairos… Continue reading This startup just raised $320M to make long-term care inside hospitals obsolete
Daily Crunch: Unknown hacker drains millions of dollars from thousands of Solana hot wallets
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Christine is back from a week of making the world a better place, and now she’s here to help make this a better newsletter as well. Huzzah! — Christine and Haje The… Continue reading Daily Crunch: Unknown hacker drains millions of dollars from thousands of Solana hot wallets
BlueGrace Logistics’ Azad Ratzki Named CIO of the Year Honoree Highlighting Tampa IT Leaders, Top Market for Tech Migration
Prestigious distinction symbolizes the best innovative IT practices to enable company growth TAMPA, Fla., Aug. 3, 2022 /PRNewswire/ — BlueGrace Logistics’ Chief Technology Officer, Azad Ratzki, has been named a 2022 CIO of the Year Honoree awarded to outstanding information technology executives and leaders in Tampa Bay who have excelled at enabling business optimization processes… Continue reading BlueGrace Logistics’ Azad Ratzki Named CIO of the Year Honoree Highlighting Tampa IT Leaders, Top Market for Tech Migration
Uber tie-up with Omio adds train & coach booking to app — starting with UK
Uber is testing adding train and coach travel to its app in the UK so customers can book longer distance ground travel via a fully integrated tie-up with Berlin-based multimodal travel platform, Omio. The latter has built up its own consumer facing apps for booking intercity and international travel, across a wide variety of supported… Continue reading Uber tie-up with Omio adds train & coach booking to app — starting with UK
Uber’s ride with Indian food delivery firm Zomato comes to an end
Uber’s ride with Zomato has concluded. The ride-hailing firm sold its 7.8% stake in the lossmaking food delivery firm on Wednesday for over $390 million, a person familiar with the matter said, becoming the latest large institutional investor to exit the Indian firm. The U.S. firm, which reported a net loss of $2.6 billion for… Continue reading Uber’s ride with Indian food delivery firm Zomato comes to an end
Vietnam’s EWA provider Nano Technologies raises $6.4m led by Openspace
Vietnam’s earned wage access (EWA) provider Nano Technologies has raised $6.4 million in an oversubscribed pre-Series A round led by Singapore-based venture capital firm Openspace, according to an announcement. Partech Partners, Tekton Ventures, KVision, IT Farma and Sketchnote Partners were the new investors in the round alongside existing backers Golden Gate Ventures, FEBE Ventures, FJLabs,… Continue reading Vietnam’s EWA provider Nano Technologies raises $6.4m led by Openspace