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.....»»
GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the food supply chain
When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — address.....»»
SpotOn raises $300M at a $3.15B valuation and acquires Appetize
Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Today, SpotOn.....»»
BitSight raises $250M from Moody’s and acquires cyber risk startup VisibleRisk
BitSight, a startup that assesses the likelihood that an organization will be breached, has received a $250 million investment from credit rating giant Moody’s, and acquired Israeli cyber risk assessment startup VisibleRisk for an undisclosed sum......»»
Vector.ai’s productivity platform for freight forwarders raises $15M A round led by Bessemer
With supply chains under constant stress because of the pandemic, freight forwarding has become one of the hottest startup sectors in the last two years. Indeed, International freight forwarding is now a $199 billion market. And the evidence is mount.....»»
Dutch court finds Uber drivers are employees
Dutch court finds Uber drivers are employees.....»»
This $300 webcam squeezes a tiny DLSR camera onto your Mac
Opal -- a startup created by former Apple, Beats, and Uber employees is launching its first webcam. The Opal C1 is a $300 DSLR webcam......»»
California’s gig worker Prop 22 ruled unconstitutional by superior court
In a late Friday night blow to Uber, Lyft and other gig worker-centered companies, a superior court judge ruled that California’s Proposition 22, which was passed in 2020 and designed to overrule the state’s controversial AB-5 law on the employme.....»»
Epic Store gained 7 million new users during the GTA V giveaway
Last year when Epic was giving Grand Theft Auto V away in its game store, so many customers rushed to claim the freebie that it crashed the EGS servers. It was unclear how many claimed the uber-popular title that had already sold 120 million copies o.....»»
Epic gained 7 million new game store users during its GTA V giveaway
Last year when Epic was giving Grand Theft Auto V away in its game store, so many customers rushed to claim the freebie that it crashed the EGS servers. It was unclear how many claimed the uber-popular title that had already sold 120 million copies o.....»»
Compal acquires Indiana factory from Cal-Comp for car electronics
Compal Electronics has announced that it is acquiring 100% Cal-Comp USA (Indiana)'s shares. Cal-Comp Indiana is the sub-subsidiary of Cal-Comp Thailand. Now Compal and Cal-Comp belong to the same parent group......»»
Indian bike taxi service Rapido raises $52 million
Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s.....»»
NortonLifeLock to acquire Avast for $8 billion
Once Norton acquires the Czech antivirus developer, the new firm will be dually headquartered in Tempe, Arizona, USA, and Prague, Czech Republic. NortonLifeLock CEO Vincent Pilette and CFO Natalie Derse will remain CEO and CFO respectively. Avast CEO.....»»
Hootsuite Acquires Heyday, HubSpot Names New CEO and More CX News
Hootsuite made a big $48 million acquisition, HubSpot has a new CEO, FullStory raises $400 million and more CX news. Continue reading........»»
EV charging network ChargePoint acquires ViriCiti for $87.9 million
Amsterdam-based ViriCiti is ChargePoint's second acquisition in the European market......»»
Game engine, meet game streaming: Unity acquires Parsec for $320M
Follows Parsec's explosion during the pandemic as a remote game-development tool. Enlarge / Unity unites with Parsec in a $320 million deal. (credit: Aurich Lawson) The parent company of Unity, one of the most popular game development engines.....»»
Japan’s TechnoPro acquires India’s Robosoft for $108 million
Japan’s TechnoPro acquires India’s Robosoft for $108 million.....»»
Uber Asked Contractor To Allow Video Surveillance In Employee Homes, Bedrooms
An anonymous reader quotes a report from Ars Technica: Teleperformance, one of the world's largest call center companies, is reportedly requiring some employees to consent to video monitoring in their homes. Employees in Colombia told NBC News that t.....»»
Uber asked contractor to allow video surveillance in employee homes, bedrooms
Employee contract lets company install video cameras in personal spaces. Enlarge (credit: Smith Collection/Gado/Getty Images) For years, employers have used surveillance to keep tabs on their employees on the job. Cameras have watched as work.....»»
Will a New Gig Worker Exception Proposed in Massachusetts Change the Future of Work?
"Last year, Uber, Lyft, DoorDash and Instacart succeeded in getting Californians to vote in favor of a ballot measure exempting them from classifying drivers and delivery workers as employees," remembers CNN. So after their success with Californian's.....»»
How Uber plans to rebound from massive Q2 losses stemming from driver incentives
Uber’s second-quarter earnings revealed greater than expected losses, in large part due to the company’s massive $250 million stimulus package launched in April to incentivize drivers back onto the app after a pandemic-induced shortage. Th.....»»