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.....»»
A New Worker-Owned Cooperative Starts Competing With Uber and Lyft
The New York Times reports that for years, Uber and other ride-hailing companies "offered the promise of entrepreneurship to drivers" to drivers eager to set their own schedules. "But some drivers never received the control and independence they had.....»»
Uber drivers win their first ever unionization deal
Uber has recognized a labor union for the first time in a move that could boost efforts by gig economy workers to win better employment rights......»»
Alaska Airlines Completes Wi-Fi Install
Alaska Airlines says its Gogo Inflight Internet installation on most planes: A handful of aircraft won't feature service, mostly those carrying freight. Facebook access will be free through June, and the airline has a game promotion as well. Alaska c.....»»
Visa takes a swipe in fintech, builds new online marketplace
The relationships between banks and fintechs are multi-faceted. In some cases, they partner. In many cases, they compete. In other cases, one acquires or invests in the other. Well, today, an announcement by global payments giant Visa is aimed at he.....»»
Phantom Space acquires StratSpace in pursuit of becoming a turnkey space service
Even as 2021 shapes up to see a record number of launches, demand is growing fast. Companies like Phantom Space Corporation aim to fill it with mass manufacturing techniques never yet seen in the space industry. Now the company has acquired StratSpac.....»»
Lyft, Uber kick off free COVID-19 vaccine rides program
Uber and Lyft have officially started to offer free rides to anyone traveling to get a COVID-19 vaccine, two weeks after the ride-hailing companies announced an agreement with the White House to offer the program. The free rides will last through Jul.....»»
Uber, Lyft launch vaccine rides program in White House partnership
The ride-hailing companies are offering Americans free rides or discounts for their trips to and from vaccination sites......»»
Invoca acquires DialogTech for $100M to expand its conversational intelligence tools
On the heels of expanding its marketing call analytics platform last year to provide more insights to help those in sales, e-commerce and customer experience, Invoca is making its first acquisition to widen the net of companies that it targets. The c.....»»
Lum family acquires 2nd Toyota dealership
The Lum family already owns Lum's Auto Center, a Toyota-Chrysler-Dodge-Jeep-Ram store in Warrenton, Ore., and Lum's Buick-GMC-Cadillac in McMinnville, Ore......»»
California Will Require Uber, Lyft Drivers To Transition To Electric Cars
Slashdot reader PolygamousRanchKid quotes The Hill: California is requiring ride-sharing companies such as Uber and Lyft to transition from gasoline to electric vehicles (EVs) in their networks by the end of this decade. The state's clean-air regul.....»»
Snap acquires AR startup WaveOptics, which provides tech for Spectacles, for over $500M
Snap yesterday announced the latest iteration of its Spectacles augmented reality glasses, and today the company revealed a bit more news: it is also acquiring the startup that supplied the technology that helps power them. The Snapchat parent is sna.....»»
Canada"s Foundation Automotive acquires Colo. Hyundai store from AutoNation
Foundation Automotive is planning to nearly double its store count this year with 16 to 18 acquisitions in the U.S......»»
Ro acquires Modern Fertility in a deal north of $225 million
Ro, a digital elective care and telemedicine provider last valued at $5 billion, announced today that it has acquired Modern Fertility, a reproductive health company founded in 2017. Axios estimates it sold for $225 million in a majority-stock deal......»»
For companies that use ML, labeled data is the key differentiator
When a company chooses to go with supervised learning, it needs to have a strategy that allows them to label data as fast as it acquires it. Sylvain Kalache Contributor Share on Twitter.....»»
Stripe acquires Bouncer, will integrate its card authentication into the Radar fraud detection tool
On the heels of a $600 million fundraise earlier this year, payments giant Stripe has been on an acquisition march to continue building out its business. In the latest development, the company has acquired Bouncer, a startup based in Oakland that has.....»»
Nuclera acquires E Ink digital microfluidics unit
UK-based biotech firm Nuclera has announced it has acquired Taiwan-based E Ink Holdings (EIH)'s digital microfluidics unit to form its US subsidiary......»»
Substack acquires team from community consulting startup People & Company
New media poster child Substack announced today that they’ve added a small community-building consultancy team to its ranks, acquiring the Brooklyn-based startup People & Company. The small firm has been working with clients to build up their c.....»»
PayPal acquires returns logistics business, Happy Returns
PayPal announced today it’s acquiring Happy Returns, a returns solution provider that offers online shoppers access to easier ways to send back unwanted merchandise to retailers without having to box it up and ship it themselves. The company to.....»»
Walmart acquires virtual clothing try-on startup Zeekit
Retail giant Walmart announced this morning it’s acquiring the Tel Aviv-based startup Zeekit, which allows consumers to virtually “try on” clothing when shopping online. The company leverages a combination of real-time image process.....»»
Amplitude acquires Iteratively
Amplitude, the well-funded product intelligence startup that helps businesses use their data to predict which features will drive the best business outcomes for them, today announced that it has acquired Iteratively, a startup that helps businesses b.....»»