Kargo, a Jakarta-based logistics startup co-founded by veteran Uber Asia executive Tiger Fang, has raised $31 million to scale its business and help firms in the Southeast Asian nation fight the coronavirus. Silicon Valley-based Tenaya Capital, Sequoia India, Mirae Asset Management and Intudo Ventures among others financed Kargo’s Series A round. The startup, which has… Continue reading Former Uber exec raises $31M for his Jakarta-based logistics startup Kargo, announces relief fund to battle coronavirus
Tag: Uber
@Hyundai: Hyundai appoints J. Scott Drennan as Vice President of UAM Division
Drennan brings more than 25 years of experience in engineering and innovation with a focus in vertical take-off and landing (VTOL) aircraft Hyundai Motor Group is positioning itself to lead the UAM industry with the aim of bringing integrated smart mobility solutions to help vitalize cities and improve lives 3 April 2020 – Hyundai Motor… Continue reading @Hyundai: Hyundai appoints J. Scott Drennan as Vice President of UAM Division
Self-driving car engineer Anthony Levandowski files motion to force Uber into arbitration
Anthony Levandowski, the star self-driving car engineer who was at the center of a trade secrets lawsuit, has filed a motion to compel Uber into arbitration in the hopes that his former employee will have to shoulder the cost of at least part of the $179 million judgment against him. The motion to compel arbitration… Continue reading Self-driving car engineer Anthony Levandowski files motion to force Uber into arbitration
Qcraft raises over $24 million to train autonomous vehicle systems in simulation – VentureBeat
Qcraft, a robotics startup focused on autonomous vehicle (AV) development, this morning announced it has raised over $24 million in seed funding. (A spokesperson wouldn’t disclose the exact amount, but said it’s in the “dozens of millions.”) The company says it will use the capital to further develop its large-scale intelligent simulation platform, which generates… Continue reading Qcraft raises over $24 million to train autonomous vehicle systems in simulation – VentureBeat
@Hyundai: Hyundai Motor Group Appoints J. Scott Drennan as Vice President of Urban Air Mobility Division
Drennan brings more than 25 years of experience in engineering and innovation with a focus in vertical take-off and landing (VTOL) aircraft Hyundai Motor Group is positioning itself to lead the UAM industry with the aim of bringing integrated smart mobility solutions to help vitalize cities and improve lives Hyundai Motor Group (the Group) announced… Continue reading @Hyundai: Hyundai Motor Group Appoints J. Scott Drennan as Vice President of Urban Air Mobility Division
Uber launches Ubermedic service in India – Business Traveller
The ride-hailing giant, Uber took to Twitter to announce at its partnership with hospitals across India, to launch a new service called Ubermedic. This service includes a 24/7 dedicated fleet to help healthcare professionals move with ease. The service aims to ensure that all medical workers in the country can easily book a cab from… Continue reading Uber launches Ubermedic service in India – Business Traveller
Uber’s CEO welcomed a $2 trillion stimulus bill that would finally let US drivers claim unemployment insurance
The Senate on Wednesday passed its $2 trillion coronavirus economic bailout bill, which included provisions that would make gig-economy workers eligible for unemployment insurance. Uber CEO Dara Khosrowshahi welcomed the bill, and said he hoped the government would pass more laws in future making contract workers eligible for further benefits. Uber has always fought vehemently… Continue reading Uber’s CEO welcomed a $2 trillion stimulus bill that would finally let US drivers claim unemployment insurance
@Toyota: Toyota Research Institute Launches Research Into Understanding and Predicting Human Behavior for Decision Making
Machine Assisted Cognition program to explore use of AI in augmenting human cognitive abilities LOS ALTOS, Calif., March 25, 2020 – The Toyota Research Institute (TRI) is expanding its exploratory research with the launch of Machine Assisted Cognition (MAC), a new initiative to develop and demonstrate artificial intelligence tools that can understand and predict human… Continue reading @Toyota: Toyota Research Institute Launches Research Into Understanding and Predicting Human Behavior for Decision Making
Broken partnership: mobility service Gett claims high compensation from VW
Volkswagen and Gett Matthias Müller (left), then Chairman of the Board of Management of Volkswagen AG, and Shahar Waiser, founder and head of the travel agent Gett, will announce a comprehensive cooperation in Berlin in summer 2016. (Photo: dpa) Düsseldorf It should be a large and comprehensive collaboration. Quit almost four years ago Volkswagen and… Continue reading Broken partnership: mobility service Gett claims high compensation from VW
Uber Eats UK waives fees during the coronavirus crisis
Uber Eats is waiving delivery and activations fees in the UK to support restaurants hit by decreasing demand during the coronavirus crisis. The measure will apply until March 31 when it says it will review it. On Monday the on-demand food delivery giant announced a similar waiver of delivery fees in the US. The announcement… Continue reading Uber Eats UK waives fees during the coronavirus crisis