Data collection beginning in D.C. By: Danielle Burr, Head of Uber Federal Affairs We’re on a mission to deliver safe and reliable self-driving technology to Uber users around the world and create positive impact through self-driving cars that drive more than themselves. Uber Advanced Technologies Group has already started this journey in Dallas, Pittsburgh, San Francisco, and… Continue reading Uber: On the road to Washington, D.C.
Tag: Uber
VMware to Acquire AI-Based Network Analytics Platform Nyansa
VMware, Inc. (NYSE: VMW), is to acquire Nyansa, Inc., an AI-based network analytics platform provider. The amount of the deal – expected to close in VMware’s fiscal Q1 FY2021, subject to customary closing conditions – was not disclosed. Nyansa will enable VMware to deliver an end-to-end network visibility, monitoring and remediation solution within VMware SD-WAN… Continue reading VMware to Acquire AI-Based Network Analytics Platform Nyansa
Indian bike rental startup Bounce raises $105M
Bounce, a Bangalore-based startup that operates over 20,000 electric and gasoline dockless bikes and scooters in nearly three dozen cities in India, said today it has raised $105 million in a new funding round as it explores sustainable ways to expand within the nation and build its own electric vehicles. The new financing round, Series… Continue reading Indian bike rental startup Bounce raises $105M
Kids can’t take Uber and Lyft rides alone. A startup thinks it found the perfect solution — and has backing from the US’s largest school-bus company
Uber and Lyft don’t allow unaccompanied minors under 18 years old, though the stipulation isn’t stopping some. To fill the gap, startups like Kango offer scheduled rides with trained caregivers in what they call “childcare as a service.” The startup’s backed by one of the world’s largest school-bus operators, founder Sara Schaer said in an… Continue reading Kids can’t take Uber and Lyft rides alone. A startup thinks it found the perfect solution — and has backing from the US’s largest school-bus company
Zomato Buys Uber’s Food Delivery Business in India
Zomato, an Indian food app provider, acquired Uber’s food delivery business in India. The an all-stock transaction gives Uber 9.99% ownership in Zomato. The acquisition strengthens Zomato’s position in the food delivery business category. Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the… Continue reading Zomato Buys Uber’s Food Delivery Business in India
Cruise’s self-driving electric shuttle is made for ridesharing
Cruise still isn’t ready to say when its autonomous vehicle will be available, but now it’s shown off the Origin, a GM-built electric shuttle van that doesn’t have a steering wheel or pedals. Instead it’s fully self-driving, intended to be a shareable, modular vehicle that can handle being on the road all the time. It’s… Continue reading Cruise’s self-driving electric shuttle is made for ridesharing
GM’s Cruise unit unveils driverless prototype vehicle for ride-sharing service
SAN FRANCISCO (Reuters) – General Motors Co’s (GM.N) self-driving car unit, Cruise, on Tuesday unveiled a prototype electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service. Dan Ammann, chief executive officer of Cruise, a Honda and General Motors self-driving car partnership, speaks on stage at the launch of… Continue reading GM’s Cruise unit unveils driverless prototype vehicle for ride-sharing service
UPDATE 1-GM’s Cruise unit unveils driverless vehicle for ride-sharing service
(Reuters) – General Motors Co’s self-driving car unit, Cruise, on Tuesday unveiled an electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service, but did not say when it would go into production. The vehicle, named “Cruise Origin”, was developed with Honda Motor Co Ltd, which took a minority… Continue reading UPDATE 1-GM’s Cruise unit unveils driverless vehicle for ride-sharing service
Uber surges 6% after offloading its Indian food-delivery business (UBER)
Uber announced Monday that it had sold its Indian food-delivery service to competitor Zomato for a 9.99% stake. Shares of Uber surged as much as 6% Tuesday. Offloading parts of the business that are not profitable brings Uber closer to its goal of being profitable on an Ebitda basis by 2021. Watch Uber trade live… Continue reading Uber surges 6% after offloading its Indian food-delivery business (UBER)
China’s startup funding slump hits early-stage businesses
SHANGHAI/TOKYO — Chinese startups are facing an increasingly tough financing landscape after data showed a slide in the amount raised last year as investors shift to backing companies with track records. Chinese startups raised 774.1 billion yuan ($112 billion) in 2019, down nearly 36% from a year ago, according to Jingdata, a unit of an… Continue reading China’s startup funding slump hits early-stage businesses