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SoftBank, Uber, Tencent set to reap rewards from Didi IPO

After years of speculation, Didi Chuxing, China’s ride-sharing behemoth, finally unveiled its IPO filing in the U.S., giving a glimpse into its money-losing history. Didi didn’t disclose the size of its raise. Reuters reported the company.....»»

Category: gadgetSource:  techcrunchJun 11th, 2021

SoftBank, Uber, Tencent set to reap rewards from Didi IPO

After years of speculation, Didi Chuxing, China’s ride-sharing behemoth, finally unveiled its IPO filing in the U.S., giving a glimpse into its money-losing history. Didi didn’t disclose the size of its raise. Reuters reported the company.....»»

Category: gadgetSource:  techcrunchRelated NewsJun 11th, 2021

Uber Offers To Pay For Drivers" Health Insurance, and Then Yanks it Away

Uber mistakenly sent out an email to some of its drivers and delivery workers last month offering to cover some of their health insurance costs -- only to revoke the offer two weeks later. From a report: On May 26th, an email from Uber with the entic.....»»

Category: topSource:  slashdotRelated NewsJun 10th, 2021

AI startup Eightfold valued at $2.1B in SoftBank-led $220M funding

Eightfold AI, a startup which uses deep learning and artificial intelligence to help companies find, recruit and retain workers, said on Thursday it has raised $220 million in a new round as it looks to accelerate its growth. SoftBank Vision Fund 2 l.....»»

Category: gadgetSource:  techcrunchRelated NewsJun 10th, 2021

AI pioneer Raquel Urtasun launches self-driving technology startup with backing from Khosla, Uber and Aurora

One of the lingering mysteries from Uber’s sale of its Uber ATG self-driving unit to Aurora has been solved. Raquel Urtasun, the AI pioneer who was the chief scientist at Uber ATG, has launched a new startup called Waabi that is taking what she.....»»

Category: gadgetSource:  techcrunchRelated NewsJun 8th, 2021

Cruise can now give passengers rides in driverless cars in California

Cruise, the autonomous vehicle subsidiary of GM that also has backing from SoftBank Vision Fund, Microsoft and Honda, has secured a permit that will allow the company to shuttle passengers in its test vehicles without a human safety operator behind t.....»»

Category: gadgetSource:  techcrunchRelated NewsJun 5th, 2021

SoftBank pours up to $150M into GBM, a Mexico City-based investment platform

Grupo Bursátil Mexicano (GBM) is a 35-year-old investment platform in the Mexican stock market. In its first three decades of life, GBM was focused on providing investment services to high net worth individuals and local and global institutions. Ove.....»»

Category: gadgetSource:  techcrunchRelated NewsJun 4th, 2021

WeChat"s video platform bans underwear on head, eating socks, and hip shaking

As reported by the South China Morning Post, WeChat owner Tencent Holdings released guidelines for performers on WeChat Channels, its new video section designed to take on short-form-content rivals such as TikTok (known in China as Douyin)......»»

Category: topSource:  techspotRelated NewsJun 4th, 2021

Aurora brings in outsiders to boost safety efforts, public trust of driverless vehicles

Aurora, the autonomous vehicle company that acquired Uber ATG last year, has assembled a team of outside experts, shared new details about its operations in a self-assessment safety report and launched a website as part of a broader effort to win ov.....»»

Category: gadgetSource:  techcrunchRelated NewsJun 3rd, 2021

Simplified raises $2.2 million in seed to bring automated content creation to marketers

Simplified, a marketing-focused design software looking to take on Canva, has raised $2.2 million in seed funding led by Craft Ventures. Superhuman’s Rahul Vohra and Todd Goldberg, former Uber CPO Manik Gupta, Pelican Ventures Ajay Yadav (also.....»»

Category: gadgetSource:  techcrunchRelated NewsJun 3rd, 2021

Rideshare drivers gather in NYC in hopes of unionizing

Protesters gathered in bright red t-shirts and matching masks bearing the Independent Drivers Guild logo. Placards bearing slogans like “Freeze Hiring, Reactive Workers Now!” and “Unlock Uber” were being handed out at a table toward the entra.....»»

Category: gadgetSource:  techcrunchRelated NewsJun 2nd, 2021

All puzzle solutions in Resident Evil Village

Resident Evil Village is full of intricate puzzles for players to solve. Here is every puzzle in Resident Evil Village, along with solutions and rewards......»»

Category: topSource:  digitaltrendsRelated NewsJun 2nd, 2021

SoftBank-backed construction giant Katerra said to be shutting down after raising billions

After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information. Last year, the company claimed it had more than.....»»

Category: gadgetSource:  techcrunchRelated NewsJun 1st, 2021

Tencent helps Chinese students skip prohibitively low speeds for school websites overseas

Hundreds of thousands of Chinese students enrolled in overseas schools are stranded as the COVID-19 pandemic continues to disrupt life and airlines worldwide. Learning at home in China, they all face one challenge: Their school websites and other aca.....»»

Category: gadgetSource:  techcrunchRelated NewsMay 31st, 2021

A New Worker-Owned Cooperative Starts Competing With Uber and Lyft

The New York Times reports that for years, Uber and other ride-hailing companies "offered the promise of entrepreneurship to drivers" to drivers eager to set their own schedules. "But some drivers never received the control and independence they had.....»»

Category: topSource:  slashdotRelated NewsMay 29th, 2021

Middle East and Africa will reap benefits from Nuwa Capital’s newest fund

Nuwa Capital, a venture capital firm based in Dubai and Riyadh, announced the first close of its $100 million NVFI fund in February. The close was three-quarters of the target and was done in less than a year following the firm’s launch in Febr.....»»

Category: gadgetSource:  techcrunchRelated NewsMay 28th, 2021

Uber drivers win their first ever unionization deal

Uber has recognized a labor union for the first time in a move that could boost efforts by gig economy workers to win better employment rights......»»

Category: topSource:  cnnRelated NewsMay 27th, 2021

Sinch, a Swedish customer engagement giant, raises $1.1B, SoftBank and Temasek participating

Sinch — a Twilio competitor based out of Sweden that provides a suite of services to companies to build communications and specifically “customer engagement” into their services by way of APIs — has been on a steady funding an.....»»

Category: topSource:  techcrunchRelated NewsMay 25th, 2021

Lyft, Uber kick off free COVID-19 vaccine rides program

Uber and Lyft have officially started to offer free rides to anyone traveling to get a COVID-19 vaccine, two weeks after the ride-hailing companies announced an agreement with the White House to offer the program. The free rides will last through Jul.....»»

Category: topSource:  techcrunchRelated NewsMay 24th, 2021

Uber, Lyft launch vaccine rides program in White House partnership

The ride-hailing companies are offering Americans free rides or discounts for their trips to and from vaccination sites......»»

Category: topSource:  autonewsRelated NewsMay 24th, 2021

The LatAm funding boom continues as Kaszek raises $1B across a duo of funds

Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region, Sao Paulo-based Kaszek has been putting money into promising startups since 2011, helping spawn nine.....»»

Category: topSource:  techcrunchRelated NewsMay 24th, 2021