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.....»»
Former Uber CSO avoids prison for concealing data breach
Joe Sullivan, the former Uber CSO who has been convicted last year for attempting to cover up a data breach Uber suffered in 2016 and kept it hidden from the Federal Trade Commission (FTC), has been sentenced to three years of probation plus 200 hour.....»»
Trucking, freight companies face EV charging, hydrogen fueling gaps as they electrify their fleets
Some truckmakers aim to fill the charging void as they electrify their fleets......»»
Quantum lidar prototype acquires real-time 3D images while fully submerged underwater
For the first time, researchers have demonstrated a prototype lidar system that uses quantum detection technology to acquire 3D images while submerged underwater. The high sensitivity of this system could allow it to capture detailed information even.....»»
India EV-only Uber rival raises $42 million in BP-led round
BluSmart Mobility, an Indian ride-hailing startup that uses only electric vehicles, has raised $42 million as it intensifies its battle against the two dominant operators, Uber Technologies Inc. and Ola Cabs......»»
UberX Share to expand to 5 more cities in coming weeks
Uber Technologies Inc. said it plans to expand UberX Share, which gives users a discount for sharing their ride with others, in the coming weeks......»»
Uber Eats delivering order tracking on iPhone with Live Activities and Dynamic Island
Uber Eats customers will soon be able to track food deliveries on iPhone without launching the app or being bothered with notifications. Live Activity support already launched for Uber’s ride-sharing app, but Uber Eats has only tested support in l.....»»
Mozilla acquires review-checking, scammer-spotting service Fakespot for Firefox
Other versions will remain available, but Firefox will get some exclusive tools. Enlarge / Fakespot adds letter grading, adjusted review scores, and other context ("New Seller Alert") to product pages across the web. (credit: Ama.....»»
Uber"s revenue climbs 29% as it continues to defy tech slump
Uber on Tuesday reported revenue of $8.8 billion for the quarter ending in March, a 29% increase from the same period last year and beating Wall Street's estimates......»»
Daimler is setting up a $650 million charging network for commercial EVs
Greenlane will build sites along freight routes, starting in Southern California. Enlarge / No, not Radiator Springs, but a rendering of Greenlane's electric truck stop. (credit: Greenlane) There's a new fast-charging ne.....»»
PlayStation acquires developer Firewalk Studios
The latest developer to join PlayStation Studios is ProbablyMonsters' Firewalk Studios, which is working on a new multiplayer game. The latest developer to join PlayStation Studios is ProbablyMonsters' Firewalk Studios, which is working on a new.....»»
Sherlocking continues: Apple"s interest is a "kiss of death" to small technology firms
Apple insists that it develops or acquires all its own technology, but a new report is just now noticing that multiple companies have been courted by the company, then seen their work duplicated.Software developers have long known of what's become ca.....»»
Allurity acquires CloudComputing and Securix to expand into new markets
Allurity has closed the acquisition of two new cybersecurity companies, CloudComputing and Securix. The former brings a complete and robust offering in identity, zero trust and information security. The latter adds substantial reinforcement in the ar.....»»
Uber is funding an e-bike trade-in program to curb battery fires
Uber is funding a new program that aims to get electric bikes with dangerous non-certified lithium-ion batteries off New York City streets......»»
Trace3 acquires Set Solutions to boost cybersecurity capabilities
Trace3’s acquisition of Set Solutions is a continuation of the company’s strategic expansion plan. The investment allows the combined companies to deepen cybersecurity capabilities to drive success for commercial and enterprise clients. Set Solut.....»»
Uber has internal data stolen in yet another cyberattack
Uber drivers' data stolen in supply chain attack affecting a law firm......»»
Reynolds acquires Canadian software company focused on digital retailing
Reynolds and Reynolds and DealerCorp Solutions were partners for nearly two years......»»
How Uber left Lyft in the dust
For years, Lyft positioned itself as the "nice guy" in the ride-hailing industry. It let rival Uber do most of the dirty work fighting regulators and the taxi industry to create a path for a new crop of companies to offer rides to customers through a.....»»
Apple acquires AI-powered video compression startup WaveOne
WaveOne, a California-based startup that has been developing algorithms for compressing videos, has confirmed that it has been purchased by Apple.Credit: Laurenz Heymann/UnsplashFounded in 2016, WaveOne sought to use machine learning for video compre.....»»
Mastercard acquires Baffin Bay Networks to improve customer security
Mastercard acquired Baffin Bay Networks to better help businesses deal with the increasingly challenging nature of cyber-attacks. Baffin Bay Networks, based in Sweden, adds to Mastercard’s multi-layered approach to cyber security and helps to stop.....»»
T-Mobile acquires Mint & Ultra Mobile for prepaid services
T-Mobile is buying Mint Mobile and Ultra Mobile to boost its prepaid cellular services, but the two carriers will largely remain separate entities.T-MobileThe carrier announced the plan on Wednesday to acquire Ka'ena Corporation and its brands Mint M.....»»