As food delivery hopefuls like Deliveroo and Amazon get more involved in the making of food themselves, Uber’s food delivery branch Uber Eats has made an acquisition that could see the company also producing more of the product it’s bringing to its customers. Ando — the delivery-only ‘restaurant’ founded by Momofuku chef David Chang —… Continue reading Uber Eats acquires Ando, the food delivery startup from David Chang that makes its own food
Tag: Uber
Uber rival Cabify has raised another $160M at a $1.4B valuation
Cabify, the Madrid-based startup that competes with the likes of Uber and 99 in Latin America as well as the Iberian peninsula, has closed out another round of funding as competition continues to heat up in the on-demand transportation sector. Cabify’s parent company Maxi Mobility has raised $160 million at a valuation of $1.4 billion,… Continue reading Uber rival Cabify has raised another $160M at a $1.4B valuation
Top Automotive Industry News for Week of January 15 – January 21, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 15, 2018 – January 21, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- Save The Date! The next AEA Members Reception will be held… Continue reading Top Automotive Industry News for Week of January 15 – January 21, 2017
Uber ignores security bug that makes its two-factor authentication useless
(Image: file photo) Uber has ignored a security bug that can allow an attacker to hack into user accounts by bypassing two-factor authentication because the ride sharing company says the flaw “isn’t a particularly severe” issue. Two-factor authentication (2FA) is a vital part of protecting online accounts. It adds a second layer of security on… Continue reading Uber ignores security bug that makes its two-factor authentication useless
After Whirlwind 2017, May Mobility Plans to Expand Driverless Fleet
May Mobility, the autonomous vehicle startup based in Ann Arbor, MI, had an action-packed 2017. The company launched in January, completed a stint in the Y Combinator accelerator over the summer, put driverless shuttles on downtown Detroit streets through a small pilot program in October, and raised more than $11 million over the course of… Continue reading After Whirlwind 2017, May Mobility Plans to Expand Driverless Fleet
Lyft Is Inspiring More People to Give Up Their Own Cars
Photo illustration by Slate. Photo by iStock. 2017 was a good year for Lyft. The company got a $1 billion cash infusion from Alphabet, Google’s parent company. It embarked upon new partnerships on the research-and-development front. And its main competitor Uber suffered a year of sexual harassment allegations, lawsuits, and executive turnover. Coincidentally, Lyft had… Continue reading Lyft Is Inspiring More People to Give Up Their Own Cars
Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round
January 18, 2018 Alphabet Inc’s Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors such as global private equity firms KKR & Co LP and Warburg Pincus LLC are also… Continue reading Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round
Mvix Launches App for Displaying Uber and Lyft on Digital Signs
STERLING, Va., Jan. 18, 2018 /PRNewswire/ — Mvix, a leading provider of content-rich digital signage software and solutions, announced the launch of a custom Rideshare app for displaying Uber and Lyft directly on digital signage screens. The Rideshare app uses the customer’s address as the pickup location and displays custom, localized information, such as: The app… Continue reading Mvix Launches App for Displaying Uber and Lyft on Digital Signs
Uber partners with taxi firm ComfortDelGro for new Singapore service
SINGAPORE (Reuters) – Uber Technologies [UBER.UL] and Singapore’s top taxi operator ComfortDelGro Corp Ltd will launch a new ride-hailing service in Singapore from Friday, as they team up against their key regional rival Grab. UberFLASH, that will connect riders to drivers closest to them – either a private vehicle or a taxi, is the first… Continue reading Uber partners with taxi firm ComfortDelGro for new Singapore service
BMW Ranks First, Subaru Rated Worst in Survey by Climate Lobby
As automakers pour billions of dollars into preparing for electric vehicles and stricter emission controls, among other changes in the industry, an environmental lobby has handed out progress reports. The Carbon Disclosure Project ranked responses from 16 manufacturers on three main issues: Progress towards meeting emissions standards Strategies on using self-driving technology and renewable energies Management incentives… Continue reading BMW Ranks First, Subaru Rated Worst in Survey by Climate Lobby