Uber Eats Makes Food Delivery To Outer Space

TOKYO, Dec. 13, 2021 /PRNewswire/ — Uber Technologies, Inc. (NYSE: UBER) today announced their first-ever food delivery to outer space. Expanding the global company’s footprint beyond earth’s surface and into the thermosphere, Uber Eats became the first delivery platform to send food to the International Space Station. Uber Eats teamed up with Japanese entrepreneur and delivery… Continue reading Uber Eats Makes Food Delivery To Outer Space

Gig platform report calls for transparency to fix abuse

A not-for-profit set up by a former Uber driver who successfully challenged the ride-hailing giant’s misclassification of drivers’ employment status in the UK, has published a timely report pressing the case for proper oversight of the algorithms and data used to remotely surveil and control the labor of platform workers. Timely — given the European… Continue reading Gig platform report calls for transparency to fix abuse

Factor Secures $6 Million to Modernize Supply Chain’s “First Mile” Payments Infrastructure

Cofounders Doug Shultz and Michael Szewczyk both grew up in industrial parts of Wisconsin and have experience in the manufacturing industry. They met while working together on a graduate school project at Harvard Business School and Stanford to solve the supply chain’s “First Mile” problem — the proliferation of manual processes and limited access to… Continue reading Factor Secures $6 Million to Modernize Supply Chain’s “First Mile” Payments Infrastructure

SiriusXM and AAA Club Alliance Team Up to Deliver Special Benefit to Drivers

AAA Club Alliance shops that enroll in the SiriusXM Service Lane for Shops Program can offer a complimentary three-month SiriusXM Platinum Plan subscription to eligible customers with a factory installed SiriusXM radio in their car. This enables the customer to listen to SiriusXM on the radio in their vehicle, and also via the SXM App… Continue reading SiriusXM and AAA Club Alliance Team Up to Deliver Special Benefit to Drivers

Sona Comstar opens new research and innovation centre for EVs in Chennai

New Chennai research and innovation centre will complement Sona Comstar’s two existing technical centres in Chennai and one in Gurugram. (Image: Sona Comstar / Twitter) Sona Comstar, which is making speedy moves on the vehicle electification front, has opened a new state-of-the-art research and innovation centre in Chennai. This facility aims to foster development of advanced… Continue reading Sona Comstar opens new research and innovation centre for EVs in Chennai

Daimler Reveals Chinese Partner Doubled Stake Years Ago

(Bloomberg) — When a Chinese billionaire became Daimler AG’s biggest shareholder in 2018, it caused quite a stir. Another Chinese investor took an even bigger stake the following year, the Mercedes-Benz maker just disclosed for the first time. Most Read from Bloomberg Daimler announced Monday that BAIC Automotive Group Co. almost doubled its stake in… Continue reading Daimler Reveals Chinese Partner Doubled Stake Years Ago

China carmaker BAIC has 9.98% stake in Daimler, no plans to raise it further

BERLIN (Reuters) -Daimler on Monday said its Chinese shareholder Beijing Automotive Group Co Ltd (BAIC) does not plan to increase its stake in the German luxury carmaker beyond the 9.98% stake it has held since 2019. The German carmaker said BAIC told Daimler after the Daimler Truck spinoff on Friday that it has held a… Continue reading China carmaker BAIC has 9.98% stake in Daimler, no plans to raise it further

Harley-Davidson’s electric motorcycle brand LiveWire is merging with a SPAC to go public

LiveWire, the electric motorcycle company spun out of Harley-Davidson, is going public by merging with a special acquisition company, or SPAC. The transaction will net LiveWire approximately $545 million at a pro forma enterprise value of approximately $1.77 billion, Harley-Davidson says in its announcement. LiveWire is the latest electric vehicle company to go public by… Continue reading Harley-Davidson’s electric motorcycle brand LiveWire is merging with a SPAC to go public

StradVision’s AI-based Vision Perception Software ‘SVNet’ Powers LG Electronics’ New ADAS Camera System

As a software solution provider, StradVision closely cooperated with LG Electronics to support its development of an algorithm implementing various ADAS functions. For the various safety functions delivered by LG Electronics’ ADAS Front Camera System, StradVision offered full customization of Object Detection and Free Space Detection. “We are very excited to collaborate with LG Electronics,… Continue reading StradVision’s AI-based Vision Perception Software ‘SVNet’ Powers LG Electronics’ New ADAS Camera System

Car Subscription Platform FINN To Enter U.S. Market, Ushering In A New Era For A Flexible Vehicle Experience

NEW YORK, Dec. 13, 2021 /PRNewswire/ — FINN, Europe’s fastest growing car subscription platform, today announced the official expansion of its popular service to the United States in conjunction with a large and growing network of auto manufacturers and dealership partners. FINN is fundamentally transforming the new vehicle experience in the United States through its… Continue reading Car Subscription Platform FINN To Enter U.S. Market, Ushering In A New Era For A Flexible Vehicle Experience