Posts filtered by tags: Commuting[x]


 

Is Your City’s Transportation Network Vulnerable to a Cyberattack?

It seems like you can’t go a day without seeing another headline related to a dramatic cybersecurity breach. You may even feel desensitized to them, taking the “that will never happen to me” mentality. But the truth is, it can happen to anyone, anywhere at anytime. In fact,  there are 1.46 billion data breaches each month, on average. As the internet of things (IoT) moves from theoretical to reality, we need to think beyond virtual identity theft and shift our attention toward much larger...
Tags: Travel, Transportation, Congress, US, Los Angeles, San Francisco, Ukraine, Cybersecurity, Transit, Washington Dc, Autos, Dallas, Commuting, Pentagon, Connected Car, Department Of Homeland Security


Equity Shot: Judging Uber’s less-than-grand opening day

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We are back, as promised. Kate Clark and Alex Wilhelm re-convened today to discuss the latest from the Uber IPO. Namely that it opened down, and then kept falling. A few questions spring to mind. Why did Uber lose ground? Was it the company’s fault? Was it simply the macro market? Was it something else altogether? What we do know is that Uber’s pricing what we...
Tags: Startups, TC, Lyft, Uber, China, Tech, United States, Transport, Venture Capital, Commuting, Carsharing, Postmates, TechCrunch, Initial Public Offering, Unicorn, Alex Wilhelm


Uber’s first day as a public company didn’t go so well

Ouch. Yikes. Oof. Sigh. Those are some of the friendlier phrases I imagine came out of the mouths of bankers, investors, executives and really anyone who has been paying close attention to Uber’s road to the stock markets today when the company debuted on the New York Stock Exchange below its initial public offering price. The ride-hailing business (NYSE: UBER), previously valued at $72 billion by venture capitalists, priced its stock at $45 apiece for a valuation of $82.4 billion on Thursday...
Tags: Travel, Fundings & Exits, Transportation, Uber, Money, Finance, Economy, Venture Capital, Commuting, Carsharing, Initial Public Offering


How the trade war with China hit Uber’s public offering

Uber’s much heralded public offering has arrived not so much with a bang as with a whimper, thanks largely to the ongoing trade war between the U.S. and China. Overnight, the U.S. government made good on the threat from President Donald Trump to hike tariffs on $200 billion worth of Chinese goods to 25 percent up from 10 percent. Trump’s China tariffs are getting a major increase on Friday As a result, stock markets slid further on Friday and their decline hit Uber’s initial public offerin...
Tags: TC, Facebook, Lyft, Uber, China, Tech, Economy, United States, President, Alibaba, Transport, Commuting, Donald Trump, Pricing, Carsharing, Marketwatch


Lyft lost $1.14B in Q1 2019 on $776M in revenue

In its first-ever earnings report as a public company, Lyft (NASDAQ: LYFT) failed to display progress toward profitability. The ride-hailing business, which raised $2 billion in a March initial public offering, posted first-quarter revenues of $776 million on losses of $1.14 billion, including $894 million of stock-based compensation and related payroll tax expenses. The company’s earnings surpassed Wall Street estimates of $740 million while losses came in much higher as a result of IPO-related...
Tags: Travel, TC, Transportation, Lyft, Uber, Pinterest, Green, Transport, Earnings, Commuting, The Wall Street Journal, New York Stock Exchange, Carsharing, Goodwater Capital, Initial Public Offering, Alphabet


Startups Weekly: Will the Seattle tech scene ever reach its full potential?

Greetings from Seattle, the land of Amazon, Microsoft, two of the world’s richest men and some startups. I’m always surprised the Seattle startup ecosystem hasn’t grown to compete with the likes of Silicon Valley — or at least Boston and New York City — since the dot-com boom. Today, it’s the strongest it’s has been due to the successes of companies like the newly minted unicorn Outreach, trucking business Convoy and, of course, the dog walking startup Rover. But the city still lags behind, ...
Tags: Google, Amazon, Startups, Lyft, Uber, Utah, Japan, Microsoft, Finance, Boston, New York City, San Francisco, Chief executive officer, Tech, Economy, Venture Capital


Equity Shot: Uber’s IPO terms and Slack’s S-1

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Kate and Alex are back (again), bringing you the latest on the IPO front. As Friday is coming to a close, we’ll keep this post short to leave plenty of room for you to dig into the audio. Welcome to the weekend. Up first we dug into Uber’s latest S-1 filing. This time, the company set a price range for itself (TechCrunch’s coverage here), valuing itself at $84 b...
Tags: Apple, Startups, TC, Uber, Ipo, Tech, Information Technology, Transport, Venture Capital, Commuting, Kate, Alex, Carsharing, Slack, Crunchbase, Don


Mary Meeker’s new fund, two IPOs from China, and what’s next for Uber and Slack?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate Clark and Alex Wilhelm dug into the latest, namely big news on the fund front from folks you know, two China-based companies going public on domestic exchanges, and what’s next in the long-running sagas of getting Uber and Slack public. First up Kate talked us through the latest at Kleiner Perkins and Mary Meeker’s new growth fund, called Bond ...
Tags: Apple, Startups, TC, Lyft, Uber, China, Tech, United States, Transport, Venture Capital, Commuting, States, Kate, Twitch, Alex, Carsharing


L Train Slowdown: The Subway Suffering Begins Now

The train between Brooklyn and Manhattan is partly shutting down on nights and weekends. Riders are worried about crowded stations, hazardous dust and how long construction will last.
Tags: News, Subways, New York City, Brooklyn, Manhattan, Commuting, Cuomo, Metropolitan Transportation Authority, Silica, Hazardous and Toxic Substances, Andrew M, Manhattan (NYC, Brooklyn (NYC, Transit Systems, Workplace Hazards and Violations, Bridges and Tunnels


GV-backed KeepTruckin nabs $149M at $1.25B valuation

KeepTruckin, a developer of hardware and software that helps truck drivers manage their vehicles and cargo, has raised $149 million in Series D funding. Greenoaks Capital has led the round, with participation from existing backers GV, IVP, Index Ventures and Scale Venture Partners . The round values the business at $1.25 billion, according to KeepTruckin co-founder and chief executive officer Shoaib Makani. Since it was founded in 2013, KeepTruckin has accumulated 55,000 unique customers...
Tags: Startups, Transportation, Uber, Hardware, Funding, San Francisco, Tech, Transport, Venture Capital, Commuting, Gps, Logistics, Seattle, Driver, Carsharing, Khosla Ventures


Sony launches a taxi-hailing app to rival Uber in Tokyo

Sony last year announced it would enter Japan’s taxi-hailing space and, good to its word, the electronics giant has kicked off its S.Ride service in Tokyo. The service — which was first noted by CNET — is a joint venture between Sony, its payment services subsidiary and five licensed taxi companies. Since ride-hailing with civilian cars is illegal in Japan, the service will focus on connecting licensed taxis with passengers. The electronics giant previously played up its use of AI to match suppl...
Tags: Startups, Lyft, Uber, Asia, Japan, China, Softbank, Spokesperson, Artificial Intelligence, Automotive, Transport, Sony, Tokyo, Commuting, Toyota, Rakuten


7 Ways to live an eco-friendly life while staying healthy

Being committed to sustainable living is all about balance. While staying healthy is a top priority, you also need to think about living as eco-friendly as possible. Balancing these two commitments can be challenging, but there are plenty of ways you can live an eco-friendly life while keeping yourself in top shape and all it will cost you is a little time and energy. From enjoying the benefits of fresh air to changing the way you eat, here are a few ways you can bring balance to your life and ...
Tags: Design, Features, Healthy Living, Cycling, Walking, Commuting, Health And Fitness, Farmers Markets, Indoor Air Quality, Community Garden, Fresh Air, Sustainable Living, Eco-friendly Gardening, UV rays


YC alum Keeper raises $1.6M to help gig workers pay taxes

Every year around this time, Uber drivers, Wag dog walkers, Bird scooter chargers, social media influencers and other gig economy workers face the unsightly challenge of paying their taxes. Companies like Uber and Lyft classify their drivers as independent contractors, which means you aren’t given any benefits and the company doesn’t withhold any of your taxes. This puts gig workers in a tough position come tax day, especially if they aren’t prepared to shell out big sums to the IRS. Ke...
Tags: Startups, Lyft, Uber, Y Combinator, Spotify, Craigslist, Finance, San Francisco, Chief executive officer, Tech, Tax, Sms, Chicago, United States, Transport, Venture Capital


Equity Shot: A deep dive into the Uber S-1

 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. It’s time for another Equity Shot, a quick-take episode centered around a breaking news event. This time, as you already guessed, Kate Clark and I sat down to dig into the Uber S-1. It’s a huge, complex document, but we did our best to summarize what’s inside. First, we talked through yearly results, looking back a half-decade into Uber’s revenue growth. In t...
Tags: Apple, Startups, TC, Transportation, Uber, Finance, Ipo, Softbank, Chief executive officer, Tech, Economy, Transport, Venture Capital, Commuting, Travis Kalanick, Carsharing


Travis Kalanick stands to make billions from Uber’s IPO

Uber co-founder Travis Kalanick, who resigned from the company in 2017, still stands to make billions in the company’s intial public offering, expected in May. The ride-hailing giant dropped its S-1 this afternoon, confirming plans to trade on the New York Stock Exchange under the ticker symbol “Uber.” The company did not disclose the valuation it’s seeking, but is said to be planning to sell around $10 billion in stock. The filing highlights Uber’s key stockholders, including Kalanick, wh...
Tags: Fundings & Exits, Transportation, Uber, Business, Saudi Arabia, Ipo, Softbank, Tech, United States, Transport, Venture Capital, Commuting, Travis Kalanick, New York Stock Exchange, Kalanick, Carsharing


Virginia is for Lovers…and Amazon HQ2: How DC Metro Communities and Commuters are Preparing

In September 2017, major metropolitan areas began their battle to win Amazon’s bid as the next headquarters (HQ2) location. The Seattle-based online retailer that shaped the way people shop presented an opportunity for cities to rebrand themselves, and 238 US and Canadian cities , from Boston to Anchorage, responded with bids of all shapes and sizes. Applicants got creative, pulling stunts like sending a 21-foot cactus gift to the Seattle Amazon headquarters (Tucson, Arizona) and renaming th...
Tags: Amazon, Transportation, Smart City, Budget, Housing, Washington, Boston, Virginia, New York City, US, Traffic, Infrastructure, Washington Dc, Autos, Prince William, Commuting


Uber, Lyft, and the challenge of transportation startup profits

How much does transportation cost you? In most cities, bus or subway fare might set you back $3 or so. A tank of gas, maybe $30 or $40 depending on your car. An hour of street parking? Sometimes it’s free, sometimes it’s a few bucks. And you can usually snag an economy seat on a round-trip U.S. domestic flight for under $300. These numbers probably ring true for most people. There’s just one problem: Everything you know about the cost of transportation is wrong. Despite a massive infusion of ven...
Tags: Energy, Startups, TC, Transportation, Lyft, Uber, Technology, Government, Funding, Articles, Tech, Economy, Policy, United States, Scooters, Automation


Free short story vending machines delight commuters

‘Short story stations’ in Canary Wharf print one- three- and five-minute reads on demand“Every single day,” says Paresh Raichura, “I’m on the lookout for something new to read.” On his hour-long commute to Canary Wharf, where he works for the Financial Ombudsman, he picks up Time Out or a local paper or the freesheet Metro, but says: “I’ve stopped reading all the long novels I used to read.”Why? Continue reading...
Tags: Books, Fiction, Canary Wharf, UK News, Cities, Culture, Commuting, Short Stories, Anthony Horowitz, Metro, Paresh Raichura


Congestion Pricing Is Coming. Now Everyone Wants a Break.

Drivers will pay a toll to enter the heart of Manhattan. From tour buses to motorcycles, many people are complaining and asking for an exemption.
Tags: News, New York City, Manhattan, Commuting, New York State, Cuomo, Metropolitan Transportation Authority, Law and Legislation, Andrew M, Trucks and Trucking, Roads and Traffic, Manhattan (NYC, Transit Systems, Congestion Pricing, Tolls, Bridges and Tunnels


Uber may have left Southeast Asia but its APAC HQ remains in Singapore

Uber exited Southeast Asia last year after it sold its local business to Grab but it continues to remain in Singapore, where it has now opened a new regional HQ for Asia Pacific and is hiring for staff. The company — which is headed for IPO imminently — won’t be restarting its service, however, which puts it in a rather interesting position in Singapore. The writing has been on the wall for some time, though. TechCrunch reported last August that Uber was on a hiring spree in Singapore, and now t...
Tags: Uber, Asia, Japan, Australia, Southeast Asia, Singapore, India, Tech, Asia Pacific, Transport, Commuting, Carsharing, Officer, Countries, Straits Times, APAC


Ride-hailing, bike and scooter companies probably raised less money than you thought

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor To get big faster, younger unicorns start buying startups sooner Small VC funds continue to raise, despite pressure from above After years of fierce competition as private companies, Uber and Lyft are going public on U.S. markets. Scooter service providers, the transportation trend du jour, raised ...
Tags: Startups, TC, Transportation, Lyft, Uber, Column, Tech, United States, Venture Capital, Commuting, Food Delivery, Carsharing, Ridesharing, Jason Rowley, Grab, Go-jek


Equity Shot: Lyft is public — what does that mean for other IPO-ready unicorns?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Sure, we just aired a new episode yesterday but things keep happening, and after talking about this crop of IPOs for so long, we can’t help ourselves. (You can follow us on Twitter, here and here, by the way, if Equity isn’t enough for you.) Lyft, as you know, started trading today, closing the loop on a long saga that brought the smaller of the two domestic rid...
Tags: Apple, Startups, TC, Lyft, Uber, Pinterest, Tech, Transport, Commuting, Carsharing, TechCrunch, Unicorn, Equity podcast, Lyft IPO


Riding the tube – a photo essay by Stefan Rousseau

During his commute into central London, photographer Stefan Rousseau has started taking pictures of his fellow passengers, who are often absorbed in their own sleep-deprived worldsFor over 20 years as a photographer I have commuted into central London by car, experiencing a rush hour of anonymous, expressionless drivers hidden in their mobile steel boxes with no interaction other than through beeps of horns and the flashing of headlights. More recently I’ve been leaving my car at home and have j...
Tags: Photography, London, UK News, Cities, Culture, Art and design, Transport, Rail transport, Commuting, London Underground, Stefan Rousseau


Congestion Pricing Could Generate Billions of Dollars, but Now the Suburbs Want a Piece

State legislators want some revenue from congestion fees to go to commuter trains that serve Long Island and the Hudson Valley.
Tags: News, Subways, New York City, Commuting, Long Island, Kaminsky, Metropolitan Transportation Authority, Politics And Government, Roads and Traffic, Transit Systems, Congestion Pricing, Long Island Rail Road Co, Long Island (NY, Todd D (1978-


Over $10 to Drive in Manhattan? What We Know About the Congestion Pricing Plan

Drivers could soon pay $12 to $14 to enter Manhattan’s busiest neighborhoods under a plan to raise money for the troubled subway system.
Tags: News, New York City, Manhattan, Commuting, Cuomo, Schwartz, Metropolitan Transportation Authority, Andrew M, Samuel I, Roads and Traffic, Transit Systems, Congestion Pricing, Tolls


Congestion Pricing in Manhattan, First Such Plan in U.S., Is Close to Approval

After years of hesitation, the governor and lawmakers reached agreement on the plan, which would help to provide badly needed financial assistance for mass transit.
Tags: News, New York City, Manhattan, Commuting, New York State, Cuomo, Metropolitan Transportation Authority, State Legislatures, Budgets and Budgeting, Andrew M, Roads and Traffic, Congestion Pricing, Heastie, Carl E


Congestion Pricing in Manhattan, First Such Plan in U.S., Close to Approval

After years of hesitation, the governor and lawmakers reached agreement on the plan, which would help to provide badly needed financial assistance for mass transit.
Tags: News, New York City, Manhattan, Commuting, New York State, Cuomo, Metropolitan Transportation Authority, State Legislatures, Budgets and Budgeting, Andrew M, Roads and Traffic, Congestion Pricing, Heastie, Carl E


Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. As part of a new pilot program, Blade has given 200 people in San Francisco and Silicon Valley exclusive access to its mobile app, allowing them to book helicopters, private jets and even seaplanes at a moments notice for $200 per seat, at least. Blade, backed by Lerer Hippeau, Airbus, former Google CEO Eric Schmidt and others, currently flies pass...
Tags: Google, Startups, Transportation, Uber, New York, California, India, New York City, Los Angeles, San Francisco, Ceo, Palo Alto, Transport, Venture Capital, Commuting, Warner Music Group


Grab launches SME loans and micro-insurance in Southeast Asia

In its latest move beyond ride-hailing, Southeast Asia’s Grab has started to offer financing to SMEs and micro-insurance to its drivers. The launch comes just weeks after Grab raised $1.5 billion from the Vision Fund as part of a larger $5 billion Series H funding round that’ll be used to battle rival Go-Jek, which is vying with Grab to become the top on-demand app for Southeast Asia’s 600 million-plus consumers. Grab acquired Uber’s Southeast Asia business in 2018 and it has spent the past yea...
Tags: Uber, Asia, Finance, China, Southeast Asia, Singapore, Collaborative Consumption, Tech, Transport, Commuting, Food Delivery, Financial Services, Carsharing, TechCrunch, Hooq, Lai


Southern California supercommuters could fly to work (by plane)

Rather than stew in traffic, long-distance commuters may soon have a way to rise above it — by 3,500 feet. A venture by two entrepreneurs would allow well-heeled workers to leapfrog over ground traffic by flying from La Verne to Santa Monica, and perhaps other airports. The planes would carry up to 10 people, a sort of vanpool in the sky. Rather than stew in traffic, long-distance commuters may soon have a way to rise above it — by 3,500 feet. A venture by two entrepreneurs would allow well-...
Tags: Transportation, Facebook, Hollywood, News, California, Sport, Soccer, Commuting, Ucla, Transportation Security Administration, Metro, Pomona, Lax, Santa Monica, Kendrick, Irwindale