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SoftBank consortium will buy Uber shares at a $48 billion valuation, down...
(Reuters) – A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a...
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10 worst tech stories of 2017: From Equifax to net neutrality to that awful...
The worst year for tech that most of us can remember in a long, long time is finally over. It is perhaps best summarized as the year the tech backlash finally came of age, setting in motion a...
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Uber sued over non-payment of ‘fraudulent’ mobile ads
(Reuters) — A British mobile advertising agency has sued Uber to force the ride-hailing company to pay millions of dollars of bills that Uber had refused to pay after claiming that ads being generated...
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Nvidia partners with Volkswagen, Uber, Baidu, and more for self-driving cars
Volkswagen, Uber, Baidu and a raft of other companies today announced commitments to use Nvidia’s processors to bring autonomous capabilities to the vehicles they build and operate. It’s another win...
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How Cargo is helping Uber drivers earn extra cash by selling stuff to passengers
What do you do if you’re a cash-strapped Uber driver looking to make a few extra bucks without putting in extra hours? Why, you sell goods to passengers, of course. And that is exactly what New...
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Uber CEO slams founders’‘pirate’ culture, pledges to grow ‘responsibly’
In one of his first public interviews since becoming Uber CEO last year, Dara Khosrowshahi offered a brutal critique of the runaway company culture he inherited from founder Travis Kalanick. “There is...
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UberEats will be the ‘largest food delivery company in the world this year’,...
For all the problems Uber is facing, at least one thing appears to be going fantastically right: its food delivery business. During an appearance today at the DLD Conference in Munich, Uber CEO Dara...
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Ex-Uber exec Brian McClendon wants to make Kansas’ voter registration site...
While much of Silicon Valley is keeping its eyes on a Mark Zuckerberg run for president, other tech luminaries are exploring ways to get more involved in politics. This week, former Google and Uber...
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Uber partners with anti-human trafficking organizations to help drivers...
Uber is teaming up with a number of anti-human trafficking organizations to help drivers spot sexual slavery victims, or those who are being held captive or forced into labor against their will. To...
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Uber confirms it’s selling its Xchange Leasing portfolio of vehicles and...
Uber has confirmed that it’s selling its car-leasing business, Xchange Leasing, to car marketplace startup Fair. The ride-hailing giant launched Xchange Leasing back in 2015 as an easier way for...
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Sequoia leads $21 million raise to help Next Trucking match carriers with...
Next Trucking, which matches shippers and truck carriers through an online marketplace, announced today that it has raised $21 million in funding, in a round led by Sequoia Capital. Previous investors...
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Lyft opens its first European hub to develop autonomous car tech
Lyft, Uber’s main U.S. rival, has announced its first official expansion into Europe with the opening of an office in Munich, Germany. The move doesn’t signal an imminent launch of Lyft’s core...
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Greymatter: Why traditional growth strategies fail (podcast)
GUEST: Are B2C companies starting to see a decline in viral growth responsiveness? That’s what Greylock’s growth advisor Casey Winters and head of rider growth at Uber Andrew Chen believe. Andrew...
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Uber, Lyft, and others sign ‘shared mobility pledge’ to improve urban...
Ride-sharing startups like Uber and Lyft have been notorious for clashing with city leaders as they expand. Now, as many transportation startups are looking in the direction of autonomous technology,...
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Uber reaches settlement with Alphabet’s Waymo over alleged theft of trade...
Uber has announced that it’s reached a settlement with Alphabet’s autonomous car division Waymo. The news comes four days into a trial brought about by Waymo, after it alleged that former employees,...
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Uber will force drivers offline after 12 hours to combat ‘drowsy driving’
Two million U.S. drivers admitted to nodding off at the wheel of their car in a two-week period back in 2016, according to a report by the National Sleep Foundation. This finding led to some...
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X.ai brings its scheduling bot to Slack
EXCLUSIVE: X.ai’s meeting assistant bot is now available on Slack. Plans to bring the bot that automates meeting scheduling to communication platforms were first shared with VentureBeat last August...
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Uber and Citymapper show how technology is blurring the line between public...
ANALYSIS: When is a bus not a bus? Give up? When it’s an eight-seater private hire vehicle designed to bypass strict city regulations. If that punchline didn’t have you laughing out loud, well, you...
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Kansas City’s struggle with the sharing economy is holding the tech community...
Banning or heavily regulating short-term rentals in Kansas City could deter tech companies from building in the metro, tech council members say. It’s more than just the perception that Kansas City is...
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Indonesian Uber rival Go-Jek raised $1.5 billion from investors including...
(Reuters) — Indonesia’s Go-Jek has raised a higher than targeted $1.5 billion in a fundraising round from a dozen investors including BlackRock and Google, sources said, as the ride-hailing firm builds...
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