Signage is seen at an Amazon facility in Bethpage on Long Island in New York, U.S., March 17, 2020. REUTERS/Andrew Kelly (Reuters) – Amazon.com Inc’s (AMZN.O) cloud computing unit will help Japan’s Toyota Motor Corp (7203.T) build a platform to help manage and monetize data gathered from the automaker’s global vehicle fleet, the companies said… Continue reading Amazon to help Toyota build cloud-based data services
Tag: Uber
Uber: Can Employees Really Work However They Want?
by Alison Stein, Economist at Uber On August 10, Uber CEO Dara Khosrowshahi wrote an op-ed in the New York Times, proposing that the U.S. employment system be updated to require gig platform companies like Uber to pay for new benefits and grant new protections to drivers. One of his key arguments was that today’s system forces… Continue reading Uber: Can Employees Really Work However They Want?
BMW and Daimler’s ride-hailing service Free Now says operations are profitable and it has beaten Uber to a 2-year license in London
Free Now, Uber’s big ride-hailing competitor in Europe, says its overall European operations are profitable in contrast to US rivals. Free Now also won a two-year license to operate in London in August. Uber meanwhile is scrabbling to appeal a 2019 decision to scrap its London license. Free Now is owned by two European car… Continue reading BMW and Daimler’s ride-hailing service Free Now says operations are profitable and it has beaten Uber to a 2-year license in London
Ride-hailing’s collapsing house of cards
Uber and Lyft need to prove they’re economically viable, but doing so while keeping its customer base seems impossible. Go to Source
PSA’s car sharing service can now seek new investors, CEO says
PARIS (Reuters) – Free2Move, the car rental and car-sharing business developed by French automaker PSA Group (PEUP.PA), now has the capacity to start to court new outside investors, its chief executive Brigitte Courtehoux said. FILE PHOTO: Free2Move Paris electric vehicles by Groupe PSA are displayed outside Paris city hall as the French car maker launches… Continue reading PSA’s car sharing service can now seek new investors, CEO says
Uber picks up Autocab to push into places its own app doesn’t go
Uber has bought UK based Autocab, which sells SaaS to the taxi and private hire vehicle industry, with the aim of expanding the utility of its own platform by linking users who open its app in places where it doesn’t offer trips to local providers who do. No acquisition price has been disclosed and Uber… Continue reading Uber picks up Autocab to push into places its own app doesn’t go
Uber and Lyft just got hit with another lawsuit in California over claims the companies are skirting the state’s gig worker law (UBER, LYFT)
California’s labor commissioner announced Wednesday that her office is suing Uber and Lyft, claiming the companies are stealing wages from drivers by “willfully misclassifying” them as contractors instead of employees. The suit alleges that Uber and Lyft have failed to pay drivers minimum wage, sick pay, unemployment, and other benefits guaranteed to employees under state law.… Continue reading Uber and Lyft just got hit with another lawsuit in California over claims the companies are skirting the state’s gig worker law (UBER, LYFT)
Ex-Google robocar engineer sentenced for theft
An ex-engineer for Google’s self-driving car unit has been sentenced to 18 months in prison for trade secret theft shortly before he joined Uber. US District Judge William Alsup in San Francisco said Anthony Levandowski had carried out the “biggest trade secret crime I have ever seen”. Levandowski loaded more than 14,000 Google files onto… Continue reading Ex-Google robocar engineer sentenced for theft
How Netflix’s new CMO Bozoma Saint John rose to become the biggest ‘badass’ in marketing
Bozoma Saint John, Netflix’s newly named CMO, has climbed the corporate marketing ranks over 20 years, using her celebrity connections and ability to tie brands like Pepsi and Apple to cultural trends. She’s also known as unapologetically outspoken and a role model for women of color — notoriously underrepresented in the C-suites of corporations. Netflix… Continue reading How Netflix’s new CMO Bozoma Saint John rose to become the biggest ‘badass’ in marketing
Self-driving startup Argo AI hits $7.5 billion valuation
Autonomous vehicle technology startup Argo AI is valued at $7.5 billion, just a little more than three years after the company burst on the scene with a $1 billion investment from Ford. The official valuation was confirmed Thursday nearly two months after VW Group finalized its $2.6 billion investment in Argo AI. Under that deal,… Continue reading Self-driving startup Argo AI hits $7.5 billion valuation