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Posts filtered by tags: Uber[x]


 

Daily Crunch: Today’s widespread internet outage ‘not a result of a cyberattack,’ says Akamai

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 22, 2021. Today we have a lot of news for you, but with a notable twist. Normally we have lots of startup news and a few notes from Big Tech companies. Today we have a lot from both, so strap in. Also, U.S. Secretary of Transportation Pete Buttigieg is coming to Disrupt. Because TechCrunch covers the worlds of micromobilit...
Tags: TC, Uber, Spotify, Microsoft, Softbank, US, Tech, Tesla, Canada, Cctv, Alex, Latin America, Greylock, Giphy, Pittsburgh, Ma


Last-mile delivery in Latin America is ready to take off

Bob Ma Contributor Bob Ma is an investor at WIND Ventures, where he invests in energy, retail and mobility startups. Prior to joining WIND, he was an investor at Soma Capital, where he invested venture capital globally across the consumer and enterprise sectors. In the United States, same-day and next-day Amazon Prime deliveries have become the de facto standard in e-commerce. People want convenience and instant gratification, evidenced by the fact that an aston...
Tags: Amazon, Startups, Transportation, Ecommerce, Lyft, Uber, Column, Mexico, Tech, Walmart, Amazon Prime, E-commerce, Colombia, United States, Chile, Brazil


Uber Freight acquires Transplace for $2.25B

Uber Freight, the logistics business spun out of Uber in 2018, has acquired Transplace for about $2.25 billion from private equity group TPG Capital, according to regulatory filings. The deal announced Thursday will involve $750 million in Uber stock with the remainder in cash. The acquisition of Transplace marks a ramping up of Uber Freight’s business as it aims to carve out market share in its existing markets and an expansion in Mexico. Uber Freight also sees the acquisition as a means to ac...
Tags: Uber, New York, Mexico, Tech, Chicago, Canada, Automotive, M&a, Logistics, Tpg Capital, Greenbriar, Lior Ron, Greenbriar Equity Group, Uber Freight, Transplace, Frank McGuigan


Uber Freight acquires Transpace for $2.25B

Uber Freight, the logistics business spun out of Uber in 2018, has acquired Transplace for about $2.25 billion from private equity group TPG Capital, according to regulatory filings. The deal announced Thursday will involve $750 million in Uber stock with the remainder in cash. The acquisition of Transplace marks a ramping up of Uber Freight’s business as it aims to carve out market share in its existing markets and an expansion in Mexico. Uber Freight also sees the acquisition as a means to ac...
Tags: Uber, New York, Mexico, Tech, Chicago, Canada, Automotive, Tpg Capital, Greenbriar, Lior Ron, Greenbriar Equity Group, Transplace, Frank McGuigan, Uber Freight Uber, Europe Uber Freight


Uber expands its grocery delivery service to more than 400 US cities and towns

Kris Holt Contributor Share on Twitter Kris Holt is a contributing writer at Engadget. More posts by this contributor Tumblr’s parent company is buying popular podcast app Pocket Casts WhatsApp is adding a ‘best quality’ setting for sending photos and videos Uber has announced the first major expansion of its grocery delivery service in the US. The company is more than doubling the number of se...
Tags: Uber, Column, New York, US, Tech, Washington Dc, Tumblr, Grocery Delivery, Engadget, San Francisco New York City, Albertsons, Southeastern Grocers, Albertsons Companies, Kris Holt, Tceng, Safeway Jewel Osco Acme Tom Thumb


The Station: Aurora SPACs, a spin on the VanMoof X3 and a chat with Outdoorsy founders

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before we jump into the deals, policy moves and micromobbin’ news, I wanted to share the latest founders interview, a new series we launched this spring over at Extra Crunch. Here’s the opener to...
Tags: Transportation, Uber, New York, France, New York City, Linkedin, Tech, Tesla, Eu, Canada, Automotive, United States, Electric Vehicles, Gm, Venture Capital, European Commission


California fined Uber $59 million over sexual assault data. Now it may pay just $150,000

By Sara Ashley O’Brien | CNN Business Uber has struck a deal with a California regulator that would drastically reduce a substantial fine against the company for failing to hand over data on sexual assault incidents on its platform. The California Public Utilities Commission previously fined Uber $59 million in December 2020 and threatened to suspend its license to operate in the state after the company did not comply with a request for sexual assault data. But that fine has now been slashed to...
Tags: Lyft, Uber, Business, Politics, Technology, News, Sexual Assault, California, California News, Sport, Cnn, Soccer, Commission, Cpuc, California Public Utilities Commission, Rape Abuse Incest National Network


Construct Capital’s Dayna Grayson will be a Startup Battlefield Judge at Disrupt 2021

Dayna Grayson has been in venture capital for more than a decade and was one of the first VCs to build a portfolio around the transformation of industrial sectors of our economy. At NEA, where she was a partner for eight years, she led investments in and sat on the boards of companies including Desktop Metal, Onshape, Framebridge, Tulip, Formlabs and Guideline. She left NEA to start her own fund, Construct Capital, that focuses exclusively on early-stage startups, with a portfolio that includes ...
Tags: Startups, TC, Uber, Money, Finance, Tech, Investment, Venture Capital, Manufacturing, Battlefield, Nea, Formlabs, Startup Company, Tulip, Grayson, PTC


Huawei's New Smartwatch Could Have Been Great

Huawei picked a real weird time to release the Huawei Watch 3. On the one hand, you have Samsung and Google completely upending the Android smartwatch space, while Apple firmly remains the smartwatch of choice for iOS users. Fitbit’s been gobbled up by Google. There isn’t a whole lot of space for flagship smartwatches…Read more...
Tags: Iphone, Apple, Google, Uber, Science, Samsung, Smartphones, Smartwatches, Computing, Fitbit, Huawei, Google Mobile Services, Wearable Devices, Operating Systems, Huawei Watch, Max


The Huawei Watch 3 Could Have Been Great

Huawei picked a real weird time to release the Huawei Watch 3. On the one hand, you have Samsung and Google completely upending the Android smartwatch space, while Apple firmly remains the smartwatch of choice for iOS users. Fitbit’s been gobbled up by Google. There isn’t a whole lot of space for flagship smartwatches…Read more...
Tags: Iphone, Apple, Google, Uber, Science, Samsung, Smartphones, Smartwatches, Computing, Fitbit, Huawei, Google Mobile Services, Wearable Devices, Operating Systems, Huawei Watch, Max


Mobile.dev launches with $3M seed to catch app issues pre-production

As mobile developers build apps, they push them out into the world and problems inevitably develop, which engineers have to scramble to fix. Mobile.dev, a new startup from a former Uber engineer, wants to flip that story and catch errors before the app launches. Today, the company emerged from stealth with a beta of their solution and a $3 million seed investment led by Cowboy Ventures with participation from multiple tech luminaries. While he was at Uber, company CEO and co-founder Leland Takam...
Tags: Startups, TC, Mobile, Uber, Apps, Developer, Funding, Tech, Reddit, Cowboy Ventures, Seed Funding, Takamine, Mobile.dev, Uber alums, Leland Takamine, Jacob Krupski


Uber and Lyft Can't Find Drivers Because Gig Work Sucks

An anonymous reader quotes a report from Motherboard: You may have noticed recently that an Uber ride is more expensive than it used to be. As ride-hail companies Uber and Lyft hike prices to record heights during the COVID-19 pandemic, much commentary has settled on explaining this as a consequence of a "labor shortage" largely motivated by a lack of proper financial incentives. Drivers, the story goes, saw the new cash bonuses offered by companies to lure workers back as insufficient. Some, pe...
Tags: Lyft, Uber, New York, London, California, Tech, Motherboard, Destiny, Maurice, Yona, Uber and Lyft, Gridwise, Ramana Prai


How to schedule an Uber ride in advance, or cancel a scheduled ride if you no longer need it

It's easy to schedule an Uber ride in advance right from the Uber mobile app. Willie B. Thomas/Getty Images You can schedule an Uber ride for hours, days, and even weeks ahead of time on the Uber mobile app. For a scheduled ride, Uber sets a price range that you don't pay until later. It's possible to cancel a scheduled Uber ride and get money back if it's early enough. Visit Insider's Tech Reference library for more stories. Scheduling an Uber ride for later is incr...
Tags: Iphone, Android, Ipad, Uber, Iphone Apps, Trends, Android Apps, Uber app, Steven John, Tech Insider, Ride Share, Tech Reference, Software & Apps (Reference, Tech How To, Willie B Thomas Getty, Eliza Goodwin


China orders the removal of the Didi app from stores, accusing the ride-hailing company of illegally collecting personal data

Didi sign is seen on a car during the China Internet Conference in Beijing. Reuters Chinese regulators' suspension of the Didi app comes days after the company's New York IPO. China's cyberspace agency accused the company of "serious violations" of in both collecting and using personal data. The company has said it would comply with the ban and make required changes. See more stories on Insider's business page. China on Sunday banned app stores from offering the Didi applic...
Tags: Apple, Lyft, Uber, New York, News, Privacy, China, Trends, Tech, Regulations, Markets, Alibaba, Tencent, Data Collection, Weibo, Cyberspace Administration of China


Uber’s first head of data science just raised a new venture fund to back nascent AI startups

Kevin Novak joined Uber as its 21st employee its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He talks proudly of that time, but like all good things, it ran its course and by the end of 2017, having accomplished what he wanted at the company, he left. At first, he picked up the pace of his angel investing, work he’d already begun focusing on during weekends and evenings, ultimately building a portfolio of more than 50 startups (including the fintech Pipe and...
Tags: TC, Uber, UK, Boston, Tech, Data Science, Venture Capital, Machine Learning, Michigan, Pipe, Ai, Anthony, Data Collective, Midwest, Logan, Higgs


Uber’s first head of data science just launched a new venture fund to back nascent AI startups

Kevin Novak joined Uber as its 21st employee its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He talks proudly of that time, but like all good things, it ran its course and by the end of 2017, having accomplished what he wanted at the company, he left. At first, he picked up the pace of his angel investing, work he’d already begun focusing on during weekends and evenings, ultimately building a portfolio of more than 50 startups (including the fintech Pipe and...
Tags: TC, Uber, UK, Boston, Tech, Data Science, Venture Capital, Machine Learning, Michigan, Pipe, Ai, Anthony, Data Collective, Midwest, Logan, Higgs


From Tesla to Workhorse, here are the 50 most popular stocks among retail investors on Robinhood

Robinhood is hugely popular among day traders, putting it at the center of the GameStop frenzy Justin Sullivan/Getty Images Retail traders have flooded the stock market in the past year with the help of trading apps like Robinhood. Here's the top 50 stocks on Robinhood's leaderboard as of June, according to data collected by the Motley Fool. Among the top stocks are AMC, Apple Tesla, Workhorse, and several Canadian cannabis companies. See more stories on Insider's business pag...
Tags: Apple, Amazon, Facebook, Uber, Twitter, Elon Musk, Ge, Coca-cola, Microsoft, Washington, Nokia, Satya Nadella, New York City, Amc, Disney, US


Pietra raises $15M from Founders Fund to help creators launch their own product lines

In the white-hot creator economy space, startups are increasingly looking to build paint-by-numbers platforms to help budding creators more easily execute on what were once seemingly insurmountable business challenges. The ex-Uber team at Pietra is cashing in on this vision with a plan to build a backend for launching and scaling creator product lines. The startup, which previously acted as a marketplace for jewelry sellers, has changed a bit since they announced a seed round from Andreessen Hor...
Tags: Startups, TC, Uber, Entrepreneurship, Tech, Ceo, Economy, Andreessen, Private Equity, Andreessen Horowitz, Startup Company, Founders Fund, Keith Rabois, Trivedi, Pietra, Abstract Ventures


For US and Chinese startups, the IPO market is increasingly a two-tier affair

The American IPO market is hot for many companies, but surprisingly cool for others. The gap between the two cohorts of private companies looking to list is becoming notable. When Chinese ride-hailing giant Didi first set an IPO price range, The Exchange was curious about why the company felt so inexpensive. Compared to its American comps, shares in Didi simply felt underpriced at its proposed valuation interval. Recently, Didi stuck to its initial expectations by pricing at $14 per share, the u...
Tags: Fundings & Exits, Startups, Uber, Asia, China, US, Tech, United States, IPO market, Initial Public Offering, Didi, LegalZoom, Integral Ad Science, Dingdong, Xometry, The Exchange


Uber Will Ask Employees To Return To Work 50% of the Time

Uber on Tuesday told employees it will roll out a hybrid return-to-work model this fall, allowing for a more flexible approach to location and time spent in the office. CNBC reports: The company is asking employees to be in the office 50% of the time. That time can be split up in whatever way works best for employees and their teams, Uber's chief people officer, Nikki Krishnamurthy, wrote in a blog post. That could mean one week on, one week off, or three days one week and two days the next week...
Tags: Uber, Tech, Cnbc, Krishnamurthy, Nikki Krishnamurthy, CNBC Uber, COVID


Zomato’s $100 million investment to turn Grofers into a unicorn

Indian food delivery giant Zomato, which is working to explore the public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about 10% stake in the seven-year-old startup, according to a source and multiple others familiar with the matter. The proposed investment values Grofers, which counts SoftBank as its largest investor, at over $1 billion. (Indian regulator, the Competition Commission of India, needs to approve the investment.) Zomato’s pro...
Tags: Food, Uber, Apps, Asia, India, Softbank, Funding, Tech, Bank Of America, Zomato, Tiger Global, BigBasket, Gurgaon, Reliance, Grofers, Reliance Industries


The Station: Quanergy and Embark to go public via SPAC, Spin and Bird announce fresh launches

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. As you are reading this, I’ll be preparing to head out for an adventure, joining thousands of others who plan to jump in their cars, trucks, SUVs, and of course, vans and RVs for th...
Tags: Apple, TC, Transportation, Uber, London, Germany, Berlin, New York City, Sacramento, Tech, Tesla, Joe Biden, Cruise, Automotive, United States, Porsche


Why is Didi worth so much less than Uber?

Years ago, U.S. ride-hailing giant Uber and its Chinese rival Didi were locked in an expensive rivalry in the Asian nation. After a financially bruising competition, Uber sold its China-based business to Didi, focusing instead on other markets. The two companies are coming head-to-head again, however, as Didi looks to list in the United States. The company’s IPO filing was big news for the SoftBank Vision Fund, Tencent and Uber, thanks to its stake in Didi from its earlier transaction. But Didi ...
Tags: Fundings & Exits, Startups, Transportation, Uber, China, Ipo, Tech, United States, EBITDA, Renaissance Capital, Yahoo Finance, Didi, EC Mobility Software, SoftBank Vision Fund Tencent, U S IPO Didi


Here's Who Funds the Tech Think Tanks Asking Congress to Reconsider This Whole Antitrust Thing

A coalition of thirteen different think tanks and advocacy groups penned an to the U.S. House Judiciary Committee on Monday warning lawmakers about two major antitrust bills that lawmakers are set to vote on later this week. Instead of wrangling Big Tech, the letter says, these bills would “dramatically…Read more...
Tags: Google, Amazon, Facebook, Lyft, Uber, Science, Microsoft, Etsy, Congress, Companies, Computing, Airbnb, The New York Times, World Wide Web, Koch, Pramila Jayapal


Uber to become the sole owner of grocery delivery startup Cornershop

Uber has reached a deal to become the sole owner of Latin American delivery startup Cornershop, just one year after acquiring a majority stake in the company. The ride-hailing giant said in a regulatory filing Monday that it will purchase the remaining 47% interest in Cornershop in exchange for 29 million shares. The transaction is expected to close in July. Uber announced in 2019 plans to take a majority ownership in Cornershop. That transaction wasn’t completed until the third quarter of 2020 ...
Tags: Startups, TC, Uber, Apps, Mexico, Americas, Tech, Walmart, Canada, Chile, Postmates, Grocery Delivery, Accel, Exit, Dara Khosrowshahi, Cornershop


Kia and Uber partner to give drivers in 20 European markets discounts to EVs

Uber and Kia Europe are teaming up to offer drivers in 20 European markets deals on buying, leasing, financing or renting Kia’s e-Niro and e-Soul, the latest move by the ride-hailing giant to achieve its emissions goals.  Uber has committed to being a zero-emission mobility platform across Europe by 2030, and hopes to get up to 30,000 Uber drivers into Kia’s BEV range by the same year. Kia is the latest in Uber’s collection of automakers offerings its drivers discounted rates on electric cars...
Tags: TC, Transportation, Uber, Europe, London, Tech, European Union, Electric Vehicles, Paris, Gm, Nissan, Hyundai, Kia, Niro, Hyundai Motor Group, Kia Europe


Waabi’s Raquel Urtasun explains why it was the right time to launch an AV technology startup

Raquel Urtasun, the former chief scientist at Uber ATG, is the founder and CEO of Waabi, an autonomous vehicle startup that came out of stealth mode last week. The Toronto-based company, which will focus on trucking, raised an impressive $83.5 million in a Series A round led by Khosla Ventures.  Urtasun joined Mobility 2021 to talk about her new venture, the challenges facing the self-driving vehicle industry and how her approach to AI can be used to advance the commercialization of AVs. A...
Tags: TC, Transportation, Uber, Toronto, Tech, Artificial Intelligence, Autonomous Driving, Aurora, ADAS, Self Driving Vehicles, Aurora Innovation, Raquel Urtasun, Urtasun, Uber ATG, Khosla Uber, Waabi


What does Uber and birth control have in common?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our morning coffee chat with you that is all about the weekend, what to expect this week, and some funding rounds you may have missed. I’m subbing in for Alex Wilhelm today, who is deservedly out on vacation. You can find me on Twitter @nmasc_, and Equity on Twitter (turn on those notifications!) @equitypod.  Biden and world leaders are cong...
Tags: Apple, TC, Uber, Space, Elon Musk, India, Tech, Tesla, Bitcoin, Nato, Ubs, Jeff Bezos, Biden, Equity, Edtech, Health Tech


‘We are democratising the right to laziness’: the rise of on-demand grocery deliveries

Companies are springing up all over the UK promising to deliver whatever you want in as little as 10 minutes. But what could we lose by never popping out for milk again?One Friday afternoon in May, Glenn Cobane, 40, who lives with his wife and two cats in Salford, did some grocery shopping: a loaf of bread, bananas, an avocado, cat food, chocolate brownies and some cans of beer. Rather than going to a nearby corner shop or walking a mile to the large Tesco Extra, he bought the food and drink fro...
Tags: Uber, Apps, Business, UK, Technology, Tesco, Life and style, J Sainsbury, Supermarkets, Retail industry, Food & drink industry, Salford, Deliveroo, Tesco Extra, Glenn Cobane, Cobane


Rideshare Services Like Lyft, Uber Struggle To Get Drivers Behind The Wheel

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Tags: Lyft, Uber, Business, Technology, News, Local, Seen On, Syndicated Local, Sacramento, Walgreens, Elk Grove, Reed, Consumer, Sacramento International Airport, Uber and Lyft, Philip Davis



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