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.....»»
Justice Department Sues Uber Over Charging Wait-Time Fees for Disabled People
The Justice Department said Wednesday that it was suing Uber for charging wait-time fees to passengers with physical disabilities. From a report: The suit, filed in the U.S. District Court for the Northern District of California, alleges that the com.....»»
Uber makes first operating profit as driver shortage eases
Uber's two most-important segments, ride-hailing and restaurant delivery, both turned the corner......»»
Safeguarding the B2B sharing economy
Most people are familiar with business-to-consumer (B2C) sharing economy companies such as Uber, Airbnb, and DoorDash, but what you may not know is that this fast-growing, widely recognized business model is also being increasingly leveraged by busin.....»»
Contentstack Acquires CMS Division, Openprise Raises $16 Million and More News
Contenstack acquires CMS division of Raw Engineering, Openprise raises $16 million, and more customer experience and digital marketing software news. Continue reading........»»
Sivers acquires MixComm to expand mmWave ecosystem
Sweden-based Sivers Semiconductors will acquire millimeter wave (mmWave) semiconductor supplier US-based MixComm for US$135 million (NT$37.6 billion)......»»
Uber faces legal action in UK over racial discrimination claims
Uber is facing legal action over its use of facial recognition software that allegedly discriminates against people of color......»»
Sony acquires its most prominent remaster studio, Bluepoint Games
And the house behind PS5's Demon's Souls is working on an original game next. Enlarge (credit: Play Station) After months of speculation, it's finally official: Sony is acquiring Demon's Souls developer Bluepoint Games. News of Bluepoint's add.....»»
Sony acquires Demon’s Souls developer, which already has new game in the works
Sony's acquisition of Bluepoint Games comes after a leak that followed it's purchase of Housemarque......»»
Microsoft, Uber, and Ubisoft are some of the world"s most hated brands
RAVE Reviews, using the research tool SentiStrength, assessed over a million brand-related tweets for positive or negative content. Any brands that had fewer than ten disparaging tweets aren’t included......»»
MediaLab Acquires Imgur
In a blog post, Imgur announced that it has been acquired by a company called MediaLab. "It's the beginning of a new chapter, and we're excited to share the news with you," writes the Imgur team. From the post: We've been acquired by MediaLab! MediaL.....»»
New York Passes Sweeping Bills To Improve Conditions for Delivery Workers
The New York City Council overwhelmingly approved a groundbreaking package of legislation on Thursday that will set minimum pay and improve working conditions for couriers employed by app-based food delivery services like Grubhub, DoorDash and Uber E.....»»
Self-driving tech firm Aurora to test driverless delivery with FedEx
Aurora, which is led by former heads of self-driving programs at Google, Uber and Tesla, said it is aiming for trucks without a safety driver by late 2023......»»
Google buying new office building for $2.1 billion, employees "need to collaborate"
A former freight facility, the purchase of St. John’s Terminal represents the most expensive sale of a US office building since the pandemic began nearly two years ago, according to The Wall Street Journal. The building will be Google's largest off.....»»
Who"s paying for your Uber?
A new study from Ph.D. graduate Jacob Ward, Professor Jeremy Michalek of Engineering and Public Policy (EPP) and Mechanical Engineering (MechE), and Associate Professor Costa Samaras of Civil and Environmental Engineering at Carnegie Mellon Universit.....»»
Uber adjusts third-quarter forecast in light of increased gross bookings
Uber said Tuesday that it could hit one measure of profitability in the third quarter, earlier than expected as the ride-hailing company saw gains in its delivery and mobility businesses. The ride-hailing service told regulators in a filing this morn.....»»
Alan acquires Jour and launches mental health service Alan Mind
French startup Alan is better known for its health insurance products — they now insure 200,000 people. But it has been slowly building a superapp for your health and expanding with new services. Today, the company announced its first acquisition e.....»»
Fivetran hauls in $565M on $5.6B valuation, acquires competitor HVR for $700M
Fivetran, the data connectivity startup, had a big day today. For starters it announced a $565 million investment on a $5.6 billion valuation, but it didn’t stop there. It also announced its second acquisition this year, snagging HVR, a data in.....»»
He pushed Uber out of China. Then he got too big for Beijing
Cheng Wei built a world-class ride-hailing app that not even Uber could keep up with in China......»»
Byju’s acquires coding platform Tynker for $200 million in US expansion push
Byju’s said on Thursday it has acquired California-headquartered Tynker, a leading coding platform for K-12 students, the latest in a series of major purchases as the Indian edtech giant attempts to aggressively expand to international markets. The.....»»
Digital freight marketplace BridgeLinx raises $10 million in Pakistan’s largest seed funding
BridgeLinx, a 9-month-old Lahore-headquartered startup that operates a digital freight marketplace, said on Tuesday it has raised $10 million in what is the largest seed financing round in Pakistan. Harry Stebbings’ 20 VC, Josh Buckley’s Buckley.....»»