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

Here’s how much Uber pays its employees, from project managers to UX researchers (UBER)

Companies have to tell the US government how much they pay employees from outside the US. That data is available to the public. Insider analyzed Uber’s salary data from Q4 2020 through Q2 2021. See more stories on Insider’s business page. After a difficult 2020 that saw the company lay off around 25% of its… Continue reading Here’s how much Uber pays its employees, from project managers to UX researchers (UBER)

Brazil’s Kovi closes $104M Series B to make car ownership ‘more inclusive’ in LatAm

We sometimes take for granted that most anyone who wishes to become say, an Uber driver, can do so. But that assumption is a narrow view considering there are many people who would love to earn income in that way but can’t because of lack of car ownership (and all that goes with it) —… Continue reading Brazil’s Kovi closes $104M Series B to make car ownership ‘more inclusive’ in LatAm

Microsoft hires former Uber exec to lead a new consumer apps effort

Microsoft is hiring Manik Gupta, the former head of product at Uber, in a renewed effort to boost Microsoft’s consumer apps. Gupta will be responsible for Microsoft Teams consumer, Skype, and GroupMe, and he will report directly to Jeff Teper, Microsoft’s head of Microsoft 365 collaboration. Gupta spent four years at Uber running the various… Continue reading Microsoft hires former Uber exec to lead a new consumer apps effort

Jet Linx Accelerates M&A Strategy With Leadership Team Expansion

OMAHA, Neb., Aug. 17, 2021 /PRNewswire/ — Jet Linx, the only locally-focused, global private aviation company providing aircraft management, joint ownership and Jet Card membership services through its 20 locations nationwide, today announced the appointment of Paul Kloet as Director of Mergers & Acquisitions and the promotion of Jason Vanis from Senior Vice President to Senior… Continue reading Jet Linx Accelerates M&A Strategy With Leadership Team Expansion

Machinery Partner Raises $4.5M in Seed Funding

Machinery Partner, a Boston, MA-based company offering novel procurement, financing and support for small businesses needing heavy machinery, raised $4.5m in seed funding. The round was led by One Way Ventures (from Boston and focused on backing immigrant founders) and Euclid Ventures (from the West Coast and focused on B2B marketplaces), with participation from PJC and Techstars Ventures, as well as… Continue reading Machinery Partner Raises $4.5M in Seed Funding

How Google’s self-driving car project accidentally spawned its robotic delivery rival

Nuro doesn’t have a typical Silicon Valley origin story. It didn’t emerge after a long, slow slog from a suburban garage or through a flash of insight in a university laboratory. Nor was it founded at the behest of an eccentric billionaire with money to burn. Nuro was born — and ramped up quickly —… Continue reading How Google’s self-driving car project accidentally spawned its robotic delivery rival

Boating Startup Anchor Hooks $2.5M to Bring On-Demand Yachting to a Marina Near You

TAMPA, Fla., Aug. 16, 2021 /PRNewswire/ — Anchor Yacht Rentals – a managed marketplace tech platform that connects private yacht owners and licensed Captains to those looking for an unforgettable on-the-water experience – today announced $2.5M in seed financing led by Austin-based Silverton Partners. Following impressive 400% organic growth in 2020, the company raised the capital to… Continue reading Boating Startup Anchor Hooks $2.5M to Bring On-Demand Yachting to a Marina Near You

Indian bike taxi service Rapido raises $52 million

Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s new funding — Series C — was financed by Shell Ventures,… Continue reading Indian bike taxi service Rapido raises $52 million