Zūm’s mission is simple – to introduce student transportation that is reliable, efficient, sustainable and transparent. To achieve the feat of modernizing an incredibly outdated, stuck-in-the-mud system, Zūm relies on cloud-based analytics software to create an agile bus routing system with real-time visibility for schools and parents. The startup also uses a diverse fleet that… Continue reading Zūm founder strikes balance between accessibility and a massive logistics network
Tag: Uber
The Best Ebook Subscription Services for Every Kind of Reader
While an ebook subscription might sound ideal, you should take some time to consider the pros and cons of each one. These digital reading services are often billed as the equivalent of Netflix or Spotify for books, and there are similarities, but ebook subscriptions also have some unexpected restrictions. Content: All ebook subscription services offer… Continue reading The Best Ebook Subscription Services for Every Kind of Reader
Shima Capital Closes $200M Maiden Fund to Support Web3 Founders
Shima Capital, a San Francisco, CA-based global venture firm that invests in early-stage blockchain companies across all market cycles, launched its debut fund. Shima Capital Fund I raised $200 million receiving support from notable investors including Dragonfly Capital, Bill Ackman, Animoca, OKex, Mirana Ventures, Republic, and Andrew Yang, among others. Founded in 2021 by veteran investor Yida Gao, Shima… Continue reading Shima Capital Closes $200M Maiden Fund to Support Web3 Founders
Crypto.com Reportedly Doing More Layoffs After Promising It Wouldn’t
The crypto bloodbath continues. Hush Hush Though the company has yet to make a public announcement, Decrypt reports that embattled cryptocurrency exchange Crypto.com is set to make yet another round of mass layoffs. What was that about fortune favoring the brave? The trading platform cut an initial five percent of its workforce back in June,… Continue reading Crypto.com Reportedly Doing More Layoffs After Promising It Wouldn’t
Accident with autonomous vehicle near Reutlingen?
An autonomous car is said to have been involved in an accident on Monday. One person died and several were injured. It was surprising news following the fatal accident of a Uber robot car 2018 in Arizona. At that time, a test car ran over a woman crossing the street. It turned out that the… Continue reading Accident with autonomous vehicle near Reutlingen?
Lyft announces new battle plan in the autonomous vehicle race
Motional Lyft is planning to deploy a massive driverless car fleet beginning in 2023. In anticipation of that milestone the company, which has partnered with self-driving car developer Motional, is updating its existing robotaxi service in Las Vegas with brand new all-electric models. The IONIQ-5 vehicles, developed by Motional atop a Hyundai platform, provide L4… Continue reading Lyft announces new battle plan in the autonomous vehicle race
California Wants Tesla to Stop Calling Half-Finished System “Full Self-Driving”
This could be really bad for Tesla. Name Game Tesla’s “Full Self-Driving” (FSD) package may soon come to a full stop — under its current name, at least, because California authorities aren’t fans of what they say is the feature’s misleading name. In a complaint against the electric automaker last month, the California DMV alleged… Continue reading California Wants Tesla to Stop Calling Half-Finished System “Full Self-Driving”
Motional launches autonomous Hyundai IONIQ 5s on Lyft network in Las Vegas
Motional, the Aptiv-Hyundai joint venture that’s working to commercialize autonomous driving technology, has launched its new all-electric IONIQ 5-based robotaxi for driverless ride-hail operations on the Lyft network in Las Vegas. The news follows years of collaboration between the two companies in Las Vegas. The launch of the IONIQs, which marks the turnover of Motional’s… Continue reading Motional launches autonomous Hyundai IONIQ 5s on Lyft network in Las Vegas
Global Unmanned Traffic Management (UTM) Market to Reach US$1.6 Billion by the Year 2026
DUBLIN, Aug. 16, 2022 /PRNewswire/ — The “Unmanned Traffic Management (UTM) – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. Global Unmanned Traffic Management (UTM) Market to Reach US$1.6 Billion by the Year 2026 Unmanned Traffic Management (UTM) is defined as an automated workflow infrastructure process encompassing flight, from flight planning, through… Continue reading Global Unmanned Traffic Management (UTM) Market to Reach US$1.6 Billion by the Year 2026
Two Sigma, Soros among big hedge funds positioned for tech comebackTech and growth stocks have come screaming back in recent weeks after a brutal H1
Two Sigma Investments, Hudson Bay Capital Management, and Soros Fund Management were among the prominent hedge funds that added stakes in mega-cap technology companies in the last quarter, positioning themselves to potentially benefit from the recent comeback in growth stocks. Two Sigma Investments, for instance, added a new position in Facebook-parent Meta Platforms Inc of slightly more than 1.5 million shares that were worth $248.5 million at the end… Continue reading Two Sigma, Soros among big hedge funds positioned for tech comebackTech and growth stocks have come screaming back in recent weeks after a brutal H1