Who is better? Between Tesla-Boss Elon Musk (49) and John Krafcik (59), who runs the Alphabet subsidiary Waymo, which emerged from Google’s car project, has developed something that looks like an ego fight. Tesla’s approach has nothing to do with fully autonomous driving, Krafcik explained in the Interview with manager magazin. “It doesn’t work that… Continue reading German Manager Magazine: Autonomous Driving: Ranking of the leading companies from Waymo to Tesla000527
Tag: Uber
Uber lays off 15% of Postmates’ workforce just 3 months after buying the food delivery app. Postmates founder Bastian Lehmann is reportedly among those let go.
Uber laid off around 185 Postmates staff on Thursday, sources told The New York Times. This included Bastian Lehmann, the founder and CEO of the food delivery app, the sources said. Uber bought the app in 2020, and the layoffs feed into Uber’s plan to better integrate Postmates and Uber Eats, the sources said. Visit Business… Continue reading Uber lays off 15% of Postmates’ workforce just 3 months after buying the food delivery app. Postmates founder Bastian Lehmann is reportedly among those let go.
Uber reportedly lays off 185 former Postmates workers
Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub. Meal delivery has been one bright spot for Uber amid the… Continue reading Uber reportedly lays off 185 former Postmates workers
End-to-end operators are the next generation of consumer business
Roger Lee Contributor Roger Lee is a general partner at Battery Ventures, based in Menlo Park, CA, who focuses on investments in software and consumer tech, including online marketplaces. More posts by this contributor Keys to ascending the consumer-internet throne How to communicate with your board in tough times Justin Da Rosa Contributor Justin Da… Continue reading End-to-end operators are the next generation of consumer business
EVgo to go public via SPAC in bid to power EV charging expansion
EVgo, the wholly owned subsidiary of LS Power that owns and operates public fast chargers for electric vehicles, has reached a deal to become a publicly traded company through a merger with special-purpose acquisition company Climate Change Crisis Real Impact I Acquisition Corporation. The combined company, which will be listed under the new ticker symbol… Continue reading EVgo to go public via SPAC in bid to power EV charging expansion
EV charging network EVgo to go public via $2.6 bln SPAC deal
The deal is the latest SPAC merger in the U.S. electric-vehicle business, which has seen many high-profile firms such as Nikola Corp and Fisker Inc go public through this route. EVgo Services LLC said on Friday it has agreed to go public through a merger with blank-check firm Climate Change Crisis Real Impact I Acquisition… Continue reading EV charging network EVgo to go public via $2.6 bln SPAC deal
Charging company EVgo is going public via SPAC merger
Another company in the electric vehicle industry is going public by merging with a so-called SPAC, or special purpose acquisition company. This time, it’s EVgo, one of the leading providers of electric vehicle charging stations in the US. The deal is expected to bring in $575 million for EVgo. When it closes, EVgo will become… Continue reading Charging company EVgo is going public via SPAC merger
Exclusive: Air taxi startup Joby explores deal to go public – sources
By Joshua Franklin, Anirban Sen 2 Min Read Joby-aircraft-web (Reuters) – Electric passenger aircraft developer Joby Aero Inc is exploring a deal to go public through a merger with a blank-check acquisition firm at a valuation of around $5 billion, according to people familiar with the matter. Joby has hired investment banks to solicit interest… Continue reading Exclusive: Air taxi startup Joby explores deal to go public – sources
Surprised, Trump pardons engineer who stole trade secrets from Google
Posted on Jan 20, 2021 at 11:09 amUpdated Jan 20, 2021 at 11:43 am Former advisor Steve Bannon, rappers Lil Wayne and Kodak Black… and Anthony Levandowsky. The former engineer of Google and Uber, found guilty of one of the most famous thefts of trade secrets, is now a free man: he is on the… Continue reading Surprised, Trump pardons engineer who stole trade secrets from Google
Trump pardons convicted ex-Google engineer Anthony Levandowski
One of President Trump’s final acts in office is to pardon a former Google engineer who was convicted of stealing trade secrets. Anthony Levandowski worked for Google’s self-driving car division, now called Waymo, before leaving to found Otto, a self-driving truck company that was acquired by Uber. He was sentenced to 18 months in prison… Continue reading Trump pardons convicted ex-Google engineer Anthony Levandowski