Protesters gathered in bright red t-shirts and matching masks bearing the Independent Drivers Guild logo. Placards bearing slogans like “Freeze Hiring, Reactive Workers Now!” and “Unlock Uber” were being handed out at a table toward the entrance. What the gathering lacked in sheer numbers, it made up with enthusiasm. A wide range of speakers approached… Continue reading Rideshare drivers gather in NYC in hopes of unionizing
Tag: Uber
Synctera raises $33M Series A to pair fintechs with banks
Synctera, which aims to serve as a matchmaker for community banks and fintechs, has raised $33 million in a Series A round of funding led by Fin VC. The raise comes just under six months after the fintech raised $12.4 million in a seed round of funding. New investors Mastercard and Gaingels also participated in… Continue reading Synctera raises $33M Series A to pair fintechs with banks
Why EV Stocks Are Poised To Explode This Summer
Hundreds of billions of private dollars are being poured into the EV industry … and that’s on top of Biden’s $174 billion for subsidies and charging stations. There is no stopping the surge. General Motors (NYSE:GM) is investing $27 billion in EVs over the next five years. It used the Superbowl for its breakout. Now,… Continue reading Why EV Stocks Are Poised To Explode This Summer
Sydney: the world’s first truly multimodal city
Sydney residents will soon be able to use their Opal cards for different modes of transportation and get cash back in the Australian city when they do. Sydney residents will be able to use their Opal cards on other forms of transport, including share bikes and Uber rides, under a new scheme. The trial, which… Continue reading Sydney: the world’s first truly multimodal city
Big Money Is Still Making Huge Bets on Electric Vehicles
– FN Media Group Presents Oilprice.com Market Commentary LONDON, June 2, 2021 /PRNewswire/ — Hundreds of billions of private dollars are being poured into the EV industry … and that’s on top of Biden’s $174 billion for subsidies and charging stations. There is no stopping the surge. Mentioned in today’s commentary includes: Tesla (NASDAQ:TSLA), NIO Limited (NYSE:NIO),… Continue reading Big Money Is Still Making Huge Bets on Electric Vehicles
Self-Driving Coalition Announces New Board Members Embark and Aurora
WASHINGTON, June 2, 2021 /PRNewswire/ — The Self-Driving Coalition – dedicated to working with lawmakers, regulators and the public to realize the safety and societal benefits of autonomous vehicles (AVs) – announced today that Aurora and Embark have joined the Coalition’s Board of Directors. Both Embark and Aurora became members in 2020, and their addition… Continue reading Self-Driving Coalition Announces New Board Members Embark and Aurora
Celonis Raises $1 Billion Series D Funding; Valued at More Than $11 Billion
Celonis, a Munich, Germany- and New York City, USA-based execution management company, raised $1 billion in Series D funding. The round, which increased its post-money valuation to more than $11 billion, was led new investors Durable Capital Partners LP and T. Rowe Price Associates, with participation from Franklin Templeton, Splunk Ventures and a group of principal investors… Continue reading Celonis Raises $1 Billion Series D Funding; Valued at More Than $11 Billion
Foodetective for Business Raises $2M in Seed Funding
Foodetective, a Geneva, Switzerland- and Paris, France-based provider of an operating platform for the restaurant industry, raised $2m in seed funding (announced at the beginning of May 2021). Backers included angel investors Serge Schoen, Filippo Catalano, Imai Jen La Plante, and Charles Lorenceau. The company intends to use the funds to launch its API. Led… Continue reading Foodetective for Business Raises $2M in Seed Funding
Thousands of New York Drivers Create Worker-Owned Version of Uber
“Every single transaction reveals exploitation.” True Ridesharing On Sunday, New Yorkers looking for a ride found themselves with a new alternative to Uber or Lyft: a ride-hailing service called the Drivers Cooperative that’s owned and operated by the drivers themselves. The Drivers Cooperative’s founders told The New York Times that they see their new project… Continue reading Thousands of New York Drivers Create Worker-Owned Version of Uber
Instacart’s reported plan to automate its workforce seems a lot like bluster
Instacart has big plans to automate parts of its grocery delivery business, reports Bloomberg, but the company’s schemes look as much like bluster as ambition. Bloomberg details a plan for the gig-work grocery-delivery network to build “automated fulfillment centers around the US, where hundreds of robots would fetch boxes of cereal and cans of soup… Continue reading Instacart’s reported plan to automate its workforce seems a lot like bluster