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.....»»
Node4 acquires risual to strengthen its consulting and managed services
Node4 has announced the acquisition of risual, an IT managed services and solutions provider and Microsoft Azure Expert MSP employing 170 staff in the UK. As a Microsoft Expert for 17 years, risual has deep solution and service knowledge across Micro.....»»
IBM acquires Databand.ai to expand its data observability capabilities
IBM announced it has acquired Databand.ai, a provider of data observability software that helps organizations fix issues with their data, including errors, pipeline failures and poor quality — before it impacts their bottom-line. This acquisition f.....»»
How flowers are "put to sleep" for long sea voyages
Kenya's flower exporters are switching to sea freight as new tech helps keep flowers fresh at sea......»»
Thrive acquires Edge Technology Group to strenghten its international presence for all customers
Thrive announced that it has acquired Connecticut-based Edge Technology Group, a global technology advisory and fully-managed IT service provider for alternative investment managers. The acquisition of Edge Technology Group adds new global offices an.....»»
Uber releases safety data: 998 sexual assault incidents including 141 rape reports in 2020
Even as its ridership was decimated by the pandemic in 2020, Uber recorded 141 reports of rape on its platform in the United States, the company disclosed in its safety report released Thursday......»»
Better freight data might be next step in lowering carbon emissions from supply chain
A report recommends the logistics industry strength its data standards, a move that might result in substantial reductions in carbon emissions, according to the Coalition for Reimagined Mobility......»»
Nasuni acquires Storage Made Easy to strengthen its file data services
Nasuni announced it has acquired Storage Made Easy (SME), a file data management company that offers remote work and compliance solutions for cloud file storage. Financial details of the transaction are not being disclosed. The acquisition of SME is.....»»
XM Cyber acquires Cyber Observer to help organizations improve their security posture
XM Cyber announced the acquisition of Cyber Observer, an innovator in Continuous Controls Monitoring (CCM) and Cloud Security Posture Management (CSPM). This marks the latest growth milestone for XM Cyber in a year that has found the company signific.....»»
Starburst acquires Varada to help customers improve their data lake analytics
Starburst, the analytics anywhere company, announced the acquisition of Varada, a data lake analytics accelerator. While Starburst’s query engine already leads the industry in both performance and cost-efficiency, combining Varada’s propr.....»»
The staff shortage slowing down air cargo and bags
A lack of skilled cargo handlers is now hampering the booming air freight business too......»»
Toyota cuts Uber stake in half
Toyota has cut its stake in Uber roughly in half, after the ride-hailing company divested the autonomous driving unit......»»
Spitzer acquires Ford and Chevy-GMC dealerships
Spitzer Management, which does business as Spitzer Autoworld, purchased two domestic-branded dealerships to expand its portfolio in Pennsylvania......»»
Uber, Lyft drivers claim price-fixing in lawsuit against companies
A group of drivers for Uber and Lyft on Tuesday accused the companies of unfairly controlling how much passengers are charged for rides in an antitrust lawsuit in California state court......»»
Geely acquires Meizu to bolster its connected ecosystem; Japan sees slow start in electric bus development
This Asia tech industry summary will mainly focus on Geely completing the acquisition of Meizu to bolster its deployments for electric vehicles (EVs), semiconductors, low-Earth orbit satellites, and flying cars; Samsung Electronics reportedly cutting.....»»
Uber Pool is finally back, but with a brand new name
After more than a 2-year hiatus, Uber Pool is finally coming back. The ridesharing feature which allows passengers to split the cost of a trip with individuals traveling in the same direction was temporarily suspended in early 2022 right as the coron.....»»
Uber Pool feature with cheaper rides returns to select US cities after hiatus during pandemic
Today, Uber announced its Pool feature is making a comeback to select US cities with cheaper rides and a new name, UberX Share. After two years since the company paused the ability to share rides, it’s now announced what the new carpool feature wi.....»»
Uber is bringing back shared rides to 9 US cities
Uber is restarting shared rides in a handful of major US cities after a more than two-year hiatus due to the pandemic, the company announced on Tuesday......»»
Massachusetts court blocks gig worker ballot measure backed by Uber, Lyft
Massachusetts' top court on Tuesday blocked a bid to ask voters whether app-based ride-share and delivery drivers should be treated as independent contractors rather than employees, in a setback for companies like Uber (UBER) and Lyft (LYFT)......»»
GM"s BrightDrop acquires tech startup to help customers" delivery efficiencies
BrightDrop said it will use Marain's software to help improve the flow of goods and services through the delivery cycle and "maximize uptime.".....»»
Looking for a side hustle? Drive with Uber and start earning
You've likely used Uber before, but have you thought about becoming a driver? Here's what you need to know......»»