Airlift Technology, an online shopping delivery startup in Pakistan, announced raising $85 million in a Series B funding round, co-led by Harry Stebbings from 20VC and Josh Buckley from Buckley Ventures Ltd. The funding round is the largest-ever round for a Pakistani startup and is equivalent to the entire amount raised by local startups so… Continue reading Last-mile delivery firm Airlift nets $85m — the largest ever round for a Pakistan startup
Tag: Mobility
Uber is showing ads in its core app for the first time — a feature former CEO Travis Kalanick once rejected as bad for users — as it seeks profitability (UBER)
Uber has started showing some ads in its core ride-hailing app as it seeks new revenue models. Its CEO said the company was on track to surpass a $300 million run rate in ad revenue next year. Travis Kalanick opposed ads in the app because they would hurt the user experience, a source said. Uber… Continue reading Uber is showing ads in its core app for the first time — a feature former CEO Travis Kalanick once rejected as bad for users — as it seeks profitability (UBER)
Two senators are calling on the FTC to investigate Tesla’s ‘deceptive and unfair’ claims about Autopilot and Full Self-Driving software (TSLA)
Sens. Blumenthal and Markey have asked the FTC to investigate Tesla over its Autopilot claims. The company’s self-driving technology has been involved in numerous accidents and fatalities. Musk’s statements “demonstrate a deeply concerning disregard for the safety of those on the road,” they said. Loading Something is loading. Two US senators have called on the… Continue reading Two senators are calling on the FTC to investigate Tesla’s ‘deceptive and unfair’ claims about Autopilot and Full Self-Driving software (TSLA)
Two senators urge the FTC to investigate Tesla over ‘Full Self-Driving’ statements
Two Democratic senators have asked the new chair of the Federal Trade Commission to investigate Tesla’s statements about the autonomous capabilities of its Autopilot and Full Self-Driving systems. The senators, Edward Markey (D-Mass.) and Richard Blumenthal (D-Conn.), expressed particular concern over Tesla misleading customers into thinking their vehicles are capable of fully autonomous driving. “Tesla’s… Continue reading Two senators urge the FTC to investigate Tesla over ‘Full Self-Driving’ statements
Tesla’s claims about Autopilot and Full Self-Driving are under scrutiny as senators pressure FTC
Two senators are pressuring the Federal Trade Commission (FTC) to investigate Tesla’s claims about Autopilot and the Full Self-Driving (FSD) package. Richard Blumenthal and Ed Markey, two senators representing the Democratic Party, have long been critical of Tesla’s Autopilot and FSD package. They have been claiming that Autopilot caused accidents on the road, and now,… Continue reading Tesla’s claims about Autopilot and Full Self-Driving are under scrutiny as senators pressure FTC
NVIDIA Announces Financial Results for Second Quarter Fiscal 2022
Record revenue of $6.51 billion, up 68 percent from a year earlier Record Gaming revenue of $3.06 billion, up 85 percent from a year earlier Record Data Center revenue of $2.37 billion, up 35 percent from a year earlier NVIDIA (NASDAQ: NVDA) today reported record revenue for the second quarter ended August 1, 2021, of… Continue reading NVIDIA Announces Financial Results for Second Quarter Fiscal 2022
TechnologyRyder will manage Waymo autonomous truck fleets5:08 PM UTC
A Waymo employee hails a ride on their phone during a demonstration in Chandler, Arizona, November 29, 2018. REUTERS/Caitlin O’Hara DETROIT, Aug 18 (Reuters) – Truck fleet operator Ryder System Inc (R.N) will manage and maintain autonomous trucks for Waymo Via, the autonomous truck unit of Google parent Alphabet Inc (GOOGL.O), the companies said on… Continue reading TechnologyRyder will manage Waymo autonomous truck fleets5:08 PM UTC
TechnologyAurora releases tool to gauge safety of self-driving systems4:13 PM UTC
Three of the fleet of 600 Waymo Chrysler Pacifica Hybrid self-driving vehicles are parked and displayed during a demonstration in Chandler, Arizona, November 29, 2018. REUTERS/Caitlin O’Hara Aug 18 (Reuters) – Aurora, the Silicon Valley self-driving startup founded by former Tesla, Uber and Google executives, has released what it says is the industry’s first tool… Continue reading TechnologyAurora releases tool to gauge safety of self-driving systems4:13 PM UTC
@VW Group: Norway: a country electrified003686
Erling Henningstad loves fast, dynamic cars that handle beautifully. And he has known for many years that an internal combustion engine isn’t necessary to achieve that dream. The Oslo-based IT entrepreneur bought his first electric car back in 2012, and some 250,000 km later, he knows the new powertrain system inside-out. Best seller: the Taycan has allowed… Continue reading @VW Group: Norway: a country electrified003686
@Toyota: STEAM PARK at Ann Arbor Hands-On Museum Debuts in August
Toyota engineers collaborate on interactive exhibit designed to spark interest in engineering and science ANN ARBOR, Mich. (August 18, 2021) – Imagine discovering the inner workings of a 17th century time switch clock or gazing at a 16-foot-tall ball maze within a beautiful arched window in Ann Arbor’s original firehouse. This two-story gallery with the inner… Continue reading @Toyota: STEAM PARK at Ann Arbor Hands-On Museum Debuts in August