Uber moves into multimodal transportation with acquisition of bike-share startup JUMP

Uber is acquiring JUMP, a dockless, electric bike share startup. (Uber Photo) Uber is expanding further into the competitive dockless bike-sharing space with the acquisition of JUMP. JUMP CEO Ryan Rzepecki announced his electric bike-sharing startup will join Uber but retain its distinct brand in a blog post Monday. Terms of the deal were not disclosed… Continue reading Uber moves into multimodal transportation with acquisition of bike-share startup JUMP

MORE DEALERS JOIN IN THE UPGRADE EXERCISE – UPBEAT ON THE FUTURE OF PROTON

PRESS MORE DEALERS JOIN IN THE UPGRADE EXERCISE – UPBEAT ON THE FUTURE OF PROTON Posted on Mar 28, 2018 Subang Jaya, 28 March 2018 – The Company witnessed another round of the Dealers Network Upgrade agreement signing ceremony recently, held at the PROTON Centre of Excellence. Following the earlier two batches which were held… Continue reading MORE DEALERS JOIN IN THE UPGRADE EXERCISE – UPBEAT ON THE FUTURE OF PROTON

BMW and Mini launch pay-as-you-go subscription service

BMW and Mini have launched a subscription service that rolls all the costs of car ownership into monthly instalments. Payments, which start from £131 per week (equating to around £568 a month), include the costs of insurance and maintenance, as well as breakdown cover, as one bill. Although BMW is the first major car maker to offer such a service… Continue reading BMW and Mini launch pay-as-you-go subscription service

Yet to turn a profit, Ford won't give up on India

Pankaj Radhe, Special to the Detroit Free Press Published 12:41 p.m. ET April 8, 2018 CLOSE Ford is going to import the EcoSport from India. It will be the brand’s smallest SUV vehicle and DJ Khaled was on hand to unveil the vehicle in advance of the Los Angeles Auto Show. Robert Hanashiro, USA TODAY… Continue reading Yet to turn a profit, Ford won't give up on India

UPDATE 2-Uber agrees to buy electric cycle-sharing startup JUMP Bikes

SAN FRANCISCO (Reuters) – Ride-hailing company Uber Technologies Inc [UBER.UL] said on Monday it has agreed to buy electric bicycle service JUMP Bikes, allowing Uber to offer U.S. passengers an alternative to cars and further consolidating the crowded bike-sharing industry. FILE PHOTO: The logo of Uber is seen on an iPad, during a news conference… Continue reading UPDATE 2-Uber agrees to buy electric cycle-sharing startup JUMP Bikes

Uber acquires bike-share startup JUMP

Uber has acquired bike-sharing startup JUMP for an undisclosed amount of money. This comes shortly after TechCrunch reported that JUMP was in talks with Uber as well as with investors regarding a potential fundraising round involving Sequoia Capital’s Mike Moritz. At the time, JUMP was contemplating a sale that exceeded $100 million. We’re now hearing that… Continue reading Uber acquires bike-share startup JUMP

Update on Michelin’s financing arrangements in relation to the proposed acquisition of Fenner PLC

L’ACCÈS À CETTE PARTIE DU SITE INTERNET PEUT FAIRE L’OBJET DE RESTRICTIONS EN APPLICATION DE LÉGISLATIONS SUR LES TITRES FINANCIERS DANS CERTAINES JURIDICTIONS. CET AVIS REQUIERT QUE VOUS CONFIRMIEZ CERTAINES INFORMATIONS (Y COMPRIS QUE VOUS N’ÊTES PAS RÉSIDENT DE TELLES JURIDICTIONS) AVANT D’OBTENIR L’ACCÈS AUX INFORMATIONS FIGURANT DANS CETTE PARTIE DU SITE INTERNET. CES DOCUMENTS NE SONT… Continue reading Update on Michelin’s financing arrangements in relation to the proposed acquisition of Fenner PLC

Nissan to show three electric vehicles at Auto China 2018

New model to be displayed alongside Nissan LEAF and IMx KURO, highlighting commitment to electrification BEIJING (April 9, 2018) – Nissan will show three electric vehicles at Auto China 2018, as part of a lineup that offers an exciting glimpse of the future and shows the company’s strength and depth in the highly competitive and… Continue reading Nissan to show three electric vehicles at Auto China 2018

Aston Martin lines up banks to steer £4bn stock market float

The British luxury car-maker Aston Martin is lining up a trio of banks to lead a prospective £4bn stock market listing that could take place within months. Sky News has learnt that the manufacturer of James Bond’s vehicle of choice is close to hiring Deutsche Bank, Goldman Sachs and JPMorgan as the global co-ordinators for… Continue reading Aston Martin lines up banks to steer £4bn stock market float

Self-Supervised Learning: A Key to Unlocking Self-Driving Cars?

The holy grail for many artificial intelligence (AI) startups is to easily obtain data, and then extract value from that data with minimal human intervention. Self-supervised learning is an innovative approach that uses visual signals or domain knowledge, intrinsically correlated to the image, as automatic sources of supervision, thus removing the need for humans to… Continue reading Self-Supervised Learning: A Key to Unlocking Self-Driving Cars?