Shuttl, a startup that runs an app-based bus aggregator service in India, said on Monday that it has raised $18 million in a new financing round as it looks to scale its business in the country. Toyota Tsusho Corporate and SPARX Group, through its Mirai Creation Fund II, funded Shuttl’s Series C financing round, the four-year-old… Continue reading Amazon-backed Shuttl raises $18M to expand its app-based bus aggregator in India
Tag: Uber
‘Inadequate Safety Culture’ to Blame for Uber’s Automated Vehicle Crash
The pedestrian’s impairment at the time of the crash, coupled with crossing outside a crosswalk, contributed to the crash, as did the Arizona Department of Transportation’s insufficient oversight of automated vehicle testing, the NTSB found. Photo via NTSB/Wikimedia. The National Transportation Safety Board (NTSB) called upon federal regulators to create a review process before allowing automated test vehicles… Continue reading ‘Inadequate Safety Culture’ to Blame for Uber’s Automated Vehicle Crash
The Uber of Car Tires Launches
MIAMI, Nov. 22, 2019 /PRNewswire/ — Michael Welch has a big vision for Tirescanner.com. By 2020 he expects to be able to offer a same-day tire install anywhere in the United States at market leading prices. A big job, but he has done this before. Welch was responsible for the creation of the world’s first ‘click to… Continue reading The Uber of Car Tires Launches
US Congress: Act on Autonomous Driving
And again a new start for a nationwide law for autonomous driving in the USA. There have been a few attempts to pass a law Autonomous driving in the United States to say goodbye, but all of them failed. For example, the individual US states have each issued their own laws and left behind a… Continue reading US Congress: Act on Autonomous Driving
Define and manage growth on your own terms
Tim Hsia & Neil Devani Contributor More posts by this contributor The first hires are the hardest Getting press for your startup: the true role of communications Welcome to this edition of The Operators, a recurring Extra Crunch column, podcast, and YouTube show that brings you insights and information from inside top tech companies. Our… Continue reading Define and manage growth on your own terms
Celonis Raises $290M; Valued at $2.5 Billion
Celonis, a Munich and New York-based provider of AI-enhanced Process Mining and Process Excellence software, raised approximately $290m in Series C funding. The round, which brings total funding to approximately $370m and valued the company at $2.5 billion, was led by Arena Holdings with participation from Accel, 83North, as well as:– Ryan Smith, co-founder and… Continue reading Celonis Raises $290M; Valued at $2.5 Billion
Russia’s Yandex.Taxi chooses three banks to arrange IPO: sources
MOSCOW (Reuters) – Russia’s largest online taxi service Yandex.Taxi has hired Morgan Stanley, Goldman Sachs and VTB Capital as the first three banks to prepare for an initial public offering (IPO), three banking sources told Reuters on Thursday. Russian internet company Yandex (YNDX.O) and U.S. group Uber Technologies Inc (UBER.N) combined their taxi businesses across… Continue reading Russia’s Yandex.Taxi chooses three banks to arrange IPO: sources
@VW Group: The Mobility Seers
Paulo Humanes, the PTV Group’s manager in charge of business development and new mobility, stands in the new mobility lab at his group’s headquarters in Karlsruhe. Featuring five monitors, a projection table, and a wall-sized screen, the room functions as a control center that can take visitors on virtual tours. First stop: Barcelona. “What do… Continue reading @VW Group: The Mobility Seers
Uber: A Note on Transparency: Government Requests for Data
By Uttara Sivaram, Global Privacy and Security Public Policy at Uber Today, Uber is updating our Transparency Report on government requests for user data, which encompasses requests for the full year of 2018. Because we know that transparency is a crucial part of the trust our users place in us, we are continually looking for… Continue reading Uber: A Note on Transparency: Government Requests for Data
Uber self-drive crash ‘mostly due to human error’
Media playback is unsupported on your device A distracted safety operator in an Uber self-driving car was primarily to blame for a fatal crash in 2018, a US regulator has ruled. The National Transportation Safety Board (NTSB) said an “inadequate safety culture” at Uber was also a major contributing factor. As too were poor, or… Continue reading Uber self-drive crash ‘mostly due to human error’