Uber Technologies has acquired HKTaxi, a mobile app that connects taxi drivers with riders in Hong Kong, to couple the firm’s local knowledge and engineering strength with its global R&D and operational capabilities, the ride-hailing giant announced on Friday. The acquisition will not have any immediate impact on drivers or riders using the HKTaxi or… Continue reading Uber buys Hong Kong cab-hailing app HKTaxi marking first exit for Beyond Ventures
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Bird shows improving scooter economics, long march to profitability
Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model, and a multi-year path to profitability. However, that path is fraught unless a number of scenarios all work out, in concert and without a glitch. Bird, well-known for its early battles with domestic rival Lime, is… Continue reading Bird shows improving scooter economics, long march to profitability
Global and China L4 Autonomous Driving Report 2021: L4 Autonomous Driving for Commercial Vehicles Enters the Phase of Cross-Scenario Mass Production and Application
DUBLIN, Aug. 20, 2021 /PRNewswire/ — The “Global and China L4 Autonomous Driving and Start-ups Report, 2021″ report has been added to ResearchAndMarkets.com’s offering. In April 2021, Waymo’s CEO and CFO left the company. In addition, the Chief Safety Officer, head of manufacturing and global supply and general manager of Laser Bear LiDAR business, head… Continue reading Global and China L4 Autonomous Driving Report 2021: L4 Autonomous Driving for Commercial Vehicles Enters the Phase of Cross-Scenario Mass Production and Application
EV battery startup Ample raises $160 million in latest funding round
Khaled Hassounah, Ample CEO & Co-Founder, joined Yahoo Finance Live to discuss the company’s latest funding round and his outlook for the EV sector. Video Transcript ADAM SHAPIRO: The CEO and co-founder Khaled Hassounah is joining us with news that you just raised another $160 million. Tell us how that’s going to help you, because… Continue reading EV battery startup Ample raises $160 million in latest funding round
Ample raises $160M to scale its battery swapping service
San Francisco-based Ample has raised a $160 million Series C to scale its battery swapping service, the largest round yet for the 8-year-old startup that wants to completely rethink how we use electric vehicles. Ample’s approach is relatively straightforward: Cars equipped with the company’s modular battery pack can drive into one of Ample’s automated charging… Continue reading Ample raises $160M to scale its battery swapping service
Uber Rent Launches in Puerto Rico
The rental platform through the ride sharing service has had ups and downs in the U.S., but now makes its debut in Puerto Rico. Photo: Uber Uber has launched Uber Rent on its app in Puerto Rico, according to a report by Newsismybusiness.com (NimB). Uber Rent is a new platform for Uber users to reserve… Continue reading Uber Rent Launches in Puerto Rico
China Aims Its Propaganda Firehose at the BBC
Chinese trolls and fake news websites have been attacking the BBC in a bid to undermine its credibility, new research published today claims. The online influence operation, which is being linked to the Chinese Communist Party (CCP), is seemingly a response to the BBC’s reporting on human rights abuses against Uyghur Muslims and state-backed misinformation… Continue reading China Aims Its Propaganda Firehose at the BBC
Last-mile delivery firm Airlift nets $85m — the largest ever round for a Pakistan startup
Airlift Technology, an online shopping delivery startup in Pakistan, announced raising $85 million in a Series B funding round, co-led by Harry Stebbings from 20VC and Josh Buckley from Buckley Ventures Ltd. The funding round is the largest-ever round for a Pakistani startup and is equivalent to the entire amount raised by local startups so… Continue reading Last-mile delivery firm Airlift nets $85m — the largest ever round for a Pakistan startup
Uber is showing ads in its core app for the first time — a feature former CEO Travis Kalanick once rejected as bad for users — as it seeks profitability (UBER)
Uber has started showing some ads in its core ride-hailing app as it seeks new revenue models. Its CEO said the company was on track to surpass a $300 million run rate in ad revenue next year. Travis Kalanick opposed ads in the app because they would hurt the user experience, a source said. Uber… Continue reading Uber is showing ads in its core app for the first time — a feature former CEO Travis Kalanick once rejected as bad for users — as it seeks profitability (UBER)
TechnologyAurora releases tool to gauge safety of self-driving systems4:13 PM UTC
Three of the fleet of 600 Waymo Chrysler Pacifica Hybrid self-driving vehicles are parked and displayed during a demonstration in Chandler, Arizona, November 29, 2018. REUTERS/Caitlin O’Hara Aug 18 (Reuters) – Aurora, the Silicon Valley self-driving startup founded by former Tesla, Uber and Google executives, has released what it says is the industry’s first tool… Continue reading TechnologyAurora releases tool to gauge safety of self-driving systems4:13 PM UTC