Alexander, Konstantin Sixt Receive Digital Awards

At this year’s Digital Champions Awards in Cologne, an initiative of WirtschaftsWoche and Deutsche Telekom, Alexander and Konstantin Sixt were awarded the special prize “Digitisers.”  The top-class jury honored the two brothers for the most outstanding digitalisation story in 2019. Nico Gabriel, Sixt’s divisional director of digital X, accepted the award from former boxing world champion… Continue reading Alexander, Konstantin Sixt Receive Digital Awards

WeWork-owned Meetup confirms restructuring, layoffs

WeWork’s efforts to cut costs following the ouster of its chief executive officer and a delayed initial public offering looks to be impacting its subsidiaries. Meetup, which WeWork acquired for a reported $200 million in 2017, announced a round of layoffs this morning, TechCrunch has learned. The company, which helps people foster in-person connections by… Continue reading WeWork-owned Meetup confirms restructuring, layoffs

Ben Horowitz on shocking rules and dramatic object lessons

Ben Horowitz, co-founder of venture firm Andreessen Horowitz, has a new book out titled “What You Do Is Who You Are,” which takes a look at how to create culture at a company. We sat down with Horowitz last month to discuss some of the lessons he aims to impart and why he felt compelled… Continue reading Ben Horowitz on shocking rules and dramatic object lessons

Uber Announces Results for Third Quarter 2019

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended September 30, 2019. “Our results this quarter decisively demonstrate the growing profitability of our Rides segment,” said Dara Khosrowshahi, CEO. “Rides Adjusted EBITDA is up 52% year-over-year and now more than covers our corporate overhead. Revenue growth and take rates… Continue reading Uber Announces Results for Third Quarter 2019

Uber beats third-quarter revenue estimates

Nov 4 (Reuters) – Uber Technologies Inc on Monday beat Wall Street estimates for third-quarter revenue, as more people used its ride-hailing and Uber Eats restaurant delivery service. Total revenue rose nearly 30% to $3.81 billion, beating analysts’ average estimate of $3.69 billion, according to IBES data from Refinitiv. Uber’s costs jumped about 33% to… Continue reading Uber beats third-quarter revenue estimates

Angry Travelers Face Long Lines at LAX’s New Rideshare Pickup

For most travelers, wait times for Uber and Lyft rides exceeded an hour. Photo via Brendan C/Flickr. Travelers at Los Angeles International Airport (LAX) faced packed shuttle buses and long wait times using the new Uber, Lyft, and taxi pickup system, according to a report by the Los Angeles Times.  For most travelers, wait times… Continue reading Angry Travelers Face Long Lines at LAX’s New Rideshare Pickup

DENSO Reinforces Commitment to Sustainable Mobility in Company Direction Update

KARIYA, Japan, Nov. 1, 2019 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced its second quarter (July-September) financial results for its fiscal year 2019, as well as updates in its business strategy to create and inspire new value for the future of mobility. As part of this strategy, or its ‘Second Founding,’ DENSO continues… Continue reading DENSO Reinforces Commitment to Sustainable Mobility in Company Direction Update

Lyft replaces pricey All-Access monthly plan with Lyft Pink – TechCrunch

When Lyft unveiled its All-Access plan last year, many were taken aback by the hefty price of $299 per month. Now, Lyft is ditching that plan and replacing it with Lyft Pink, which costs just $19.99. The perks of the membership differ, but this lower price point will likely prove to be much more of a… Continue reading Lyft replaces pricey All-Access monthly plan with Lyft Pink – TechCrunch

Introducing Uber ATG’s Self-Driving Safety & Responsibility Board

By: Chan Lieu, Sr. Safety Program Analyst Uber ATG is pleased to announce the creation of our Self-Driving Safety and Responsibility Advisory (SARA) Board. The SARA Board is an independent panel of safety experts charged with reviewing, advising, and suggesting changes to Uber ATG’s self-driving enterprise, including inputs on organizational goals and priorities. We believe… Continue reading Introducing Uber ATG’s Self-Driving Safety & Responsibility Board

Didi opens transit datasets to public for urban planning use

Oct 21, 2019 2 min read Zhang Bo, CTO of Didi Chuxing, spoke at the China National Computer Congress in Suzhou on Friday, Oct. 18, 2019. (Image credit: Didi Chuxing) Chinese ride-hailing giant Didi Chuxing is opening up its significant stores of transit data with the release of two major datasets in order to improve… Continue reading Didi opens transit datasets to public for urban planning use