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.....»»
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.....»»
Course Hero acquires LitCharts, founded by the creators of Sparknotes
I’ll admit it: I was the student that tipped the teacher off that half of our English class, including me, was using Sparknotes to “read” Twelfth Night by Shakespeare, instead of actually reading the text itself. The site, which offered cliff n.....»»
Waymo and J.B. Hunt partner to bring autonomous trucks to Texas in new pilot
Waymo will be moving freight for a major customer of transportation logistics company J.B. Hunt Transport Services under what the two companies are calling a “test run” that will take place in one of the country’s busiest trade corridors. Waymo.....»»
Waymo and JB Hunt partner to bring autonomous trucks to Texas in new pilot
Waymo will be moving freight for a major customer of transportation logistics company J.B. Hunt Transport Services under what the two companies are calling a “test run” that will take place in one of the country’s busiest trade corridors. Waymo.....»»
Punchbowl nabs $5M investment, acquires VidHug to add video to party planning platform
When the pandemic hit last year, Punchbowl, an online party planning service was left in the lurch with gatherings all but shut down, but instead of lamenting the situation, founder and CEO Matt Douglas went to work to rethink the company’s app.....»»
Carlyle acquires 1E.com, an endpoint and hybrid working specialist, in $270M deal
Remote work was the order of the day for the past 16 months, but as we (fingers crossed) move out of the pandemic, it’s looking like a lot of people may move into a new era of hybrid work: less focus being present in offices to feel like you ar.....»»
Machine learning speeds up simulations in material science
Research, development, and production of novel materials depend heavily on the availability of fast and at the same time accurate simulation methods. Machine learning, in which artificial intelligence (AI) autonomously acquires and applies new knowle.....»»
Reynolds and Reynolds acquires digital retailing provider Gubagoo
Reynolds says the deal furthers its Retail Anywhere strategy. Gubagoo's products include live chat tools for dealership websites and a virtual retailing platform......»»
HPE Acquires SimpliVity in Hyperconverged Push
HPE pushes further into the market for hyperconverged system by snapping up Westborough, Mass.-based SimpliVity......»»
Two Companies Apple Should Acquire: Evernote and VMware
With Apple’s cash pile growing with the day, we are wondering when (or whether) will they start making big moves, as in – big acquisitions. The iPhone maker typically acquires smaller firms, but with more than $200 billion sitting at thei.....»»
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.....»»
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.....»»
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.....»»
Blackstone acquires tech publisher IDG for $1.3B, as private equity strikes again
It’s been a busy week for private equity with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. Today Blackstone bought media and data company IDG for $1.3 billion. The company had been owned by Oriental Rainbo.....»»
Blackstone Acquires Tech Publisher IDG for $1.3 Billion
Private equity giant Blackstone said on Thursday it has purchased media and data company IDG for $1.3 billion. IDG -- which runs consultancy firm IDC and a collection of tech publications including CIO, Computerworld, InfoWorld, Macworld, Network Wor.....»»
Etsy acquires Depop for $1.6 billion, doubling their ante in the e-fashion arena
Folk art and fashion found a home online in Etsy, an online marketplace for small-time artisans to hawk their wares. The company announced plans to purchase Depop, a site dedicated to users selling secondhand clothing......»»
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.....»»
GitLab acquires UnReview as it looks to bring more ML tools to its platform
DevOps platform GitLab today announced that it has acquired UnReview, a machine learning-based tool that helps software teams recommend the best reviewers for when developers want to check in their latest code. GitLab, which is looking to bring more.....»»
Freight forwarder Sennder raises $80M at a $1B+ valuation
Freight forwarding — the process of organising how and where items will be shipped around the world, and specifically the technology that underpins that work — continues to be a huge area of the logistics market, not least because of the.....»»
JCET acquires ADI Singapore test facility
Jiangsu Changjiang Electronics Technology (JCET), the largest China-based provider of outsourced semiconductor assembly and test (OSAT), has announced its takeover of Analog Devices' test facility in Singapore. Financial terms were not disclosed......»»