Motorcycle frames lack the capacity car frames have for large batteries to extend range, and multiple motors to accommodate city and highway driving differences. Electric motorcycle solutions that have come to market in the face of frame capacity limitations have tended toward monster sized bikes with the price of a SUV that appeal to a… Continue reading ALYI – Why Our Electric Motorcycle Business Is Positioned To Succeed
Tag: Uber
Prive Raises $1.7M in Pre-Seed Funding
Co-founders Alex Craciun and Claudia Laurie Prive, a San Francisco, CA-based eCommerce subscriptions platform, raised $1.7M in pre-seed financing. The round was led by Xfund and Bling Capital, with participation from Defy Partners, Halogen Ventures, Base Case Capital, and current senior Uber executives. Founded by ex-Uber product managers Alex Craciun and Claudia Laurie, Prive provides… Continue reading Prive Raises $1.7M in Pre-Seed Funding
Massachussetts AG greenlights Uber, Lyft-backed gig worker ballot initiative
Massachusetts Attorney General Maura Healey gave a coalition of app-based service providers like Uber and Lyft the go-ahead to start collecting signatures needed to put a proposed ballot measure before voters that would define drivers as independent contractors rather than employees. Backers of the initiative, which is essentially a MA version of Proposition 22, would… Continue reading Massachussetts AG greenlights Uber, Lyft-backed gig worker ballot initiative
Uber: Uber CEO and CFO to Participate in Keynote at 2021 Goldman Sachs Communacopia Conference
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that Dara Khosrowshahi, CEO, and Nelson Chai, CFO, will participate in a keynote at the 2021 Goldman Sachs Communacopia Conference on Tuesday, Sept 21, 2021. Mr. Khosrowshahi and Mr. Chai are scheduled to appear at 1:45pm PT (4:45pm ET). A live webcast of the event will… Continue reading Uber: Uber CEO and CFO to Participate in Keynote at 2021 Goldman Sachs Communacopia Conference
ALYI EV Ecosystem Designed To Produce Higher Gross Margins Than EV Manufacturers
DALLAS, Sept. 1, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today highlighted that its electric vehicle (EV) ecosystem business model is designed to produce higher than average gross margins produced by typical EV manufacturing companies. ALYI’s revenue streams will include the sale of EVs similar to typical EV manufactures, but ALYI’s revenue streams… Continue reading ALYI EV Ecosystem Designed To Produce Higher Gross Margins Than EV Manufacturers
The Station: Lyft, Uber take action in Texas, Van Moof charges up with capital, an eVTOL SPAC deal gets knocked
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before… Continue reading The Station: Lyft, Uber take action in Texas, Van Moof charges up with capital, an eVTOL SPAC deal gets knocked
Yandex buys out Uber’s stake in Yandex Self-Driving Group, Eats, Lavka and Delivery for $1B
Russian internet and ride-hail giant Yandex has acquired Uber’s stake in its Self-Driving Group (SDG), as well as Uber’s indirect interest in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. The total cost of the deal came to $1 billion, giving the Russian company 100% ownership over all four businesses. Yandex SDG is an autonomous technology spinout from MLU… Continue reading Yandex buys out Uber’s stake in Yandex Self-Driving Group, Eats, Lavka and Delivery for $1B
Yandex increases stake in its Russian joint venture with Uber in $1b deal …
Russian internet giant Yandex said on Tuesday it would buy Uber’s stake in their joint foodtech, delivery, and self-driving businesses, and increase its stake in their ride-hailing joint venture as part of a $1 billion deal. The restructuring of the MLU ride-hailing and car sharing joint venture, which includes Yandex.Taxi, will see Yandex own 71% while Uber’s stake falls to… Continue reading Yandex increases stake in its Russian joint venture with Uber in $1b deal …
Temasek-owned Aicadium acquires Singapore’s AI software firm BasisAI …
Aicadium, a technology company founded by Temasek Holdings, has acquired Singapore-based artificial intelligence software firm BasisAI, according to a joint statement by the two firms. According to BasisAI’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), its investor Sequoia India and three co-founders – Silvanus Lee, Linus Lee and Liu Feng-Yuan – sold their… Continue reading Temasek-owned Aicadium acquires Singapore’s AI software firm BasisAI …
Eight Sleep Raises $86M in Series C Funding
Eight Sleep, a Miami, FL-based sleep fitness company, closed an $86M Series C funding round. The round was led by Valor Equity Partners, with participation from other funds, including SoftBank, Khosla Ventures, Founders Fund, and General Catalyst. Antonio Gracias, Valor’s Founder, CEO, and CIO, joined the Eight Sleep Board. Mr. Gracias sits on the boards… Continue reading Eight Sleep Raises $86M in Series C Funding