With this bold move, Dropbox is testing the U.S. primary market which of late has seen a lull. Its IPO will be the biggest, from the tech sector, following Snap Inc’s IPO earlier this year. Sources familiar with the matter… Read More ›
Uber technologies
Travis Kalanick resigns as Uber’s Chief Executive
While his aggressive and pugnacious style of working defined Uber, things went downhill following an investigation into the company’s management style. Travis Kalanick, co-founder and CEO of Uber Technologies Inc has resigned from the company under pressure from investors over… Read More ›
Travis Kalanick, Uber’s CEO takes undefined leave of absence midst sweeping financial & management reforms
The scandal-ridden company is on the verge of turning a new leaf. It would be interesting to see how this change of management will impact its case with Waymo. On Tuesday, Travis Kalanick, Uber Technologies Inc’s CEO told employees he… Read More ›
Elon Musk and Robert Iger of Walt Disney quits Trump’s Advisory councils
Trump’s move has divided corporate America. Following U.S. President Donald Trump’s decision to withdraw the United States from the landmark 2015 Paris Agreement, Tesla Inc’s Chief Executive Officer, Elon Musk and Walt Disney Co’s CEO Robert Iger stated they would… Read More ›
Uber fires its self-driving tech chief – Anthony Levandowski
In a strategic legal move, by firing Anthony Levandowski from Uber Technologies, the company is aiming to protect itself from Waymo’s lawsuit which revolves arounds Levandowski illegally downloading 14,000 documents, Waymo’s trade secrets, before he left his job at Waymo…. Read More ›
Lyft enters into a joint collaboration with Google’s Waymo
This has implication for Uber, currently the world’s largest ride sharing company. The New York Times has reported, Waymo and Lyft Inc have signed a collaboration agreement to bring autonomous vehicle technology into the mainstream. The collaboration between the U.S…. Read More ›
Apple proposes stronger, stricter norms of data collection for self-driving cars
Apple appears to be creating an ecosystem for the self-driving car market and is seeking greater clarity for its parameters. In a strategic move which has immense significance for companies in the crowded self-driving car market, Apple Inc has urged… Read More ›
Uber’s smartphone app could use be updated with a tipping feature
Lyft drivers have earned more than $200 million in tips since the company’s founding. If New York City’s taxi regulators have their way, Uber Technologies Inc may be forced to provide passengers a way to tip their drivers despite its… Read More ›
Alphabet’s Waymo’s case against Uber is unprecedented
“I’ve never seen a record this strong in 42 years,” – U.S. District Judge William Alsup on Waymo’s case against Uber Technologies. In the high-profile case which is likely to have a major bearing on Uber Technologies, a U.S. judge… Read More ›
Didi Chuxing ploughs in $6 billion into its ride-hailing business
Although Didi has got big names backing it, in China, Didi it is increasingly facing regulatory issues. Bloomberg has reported citing people familiar with the matter at hand, Didi Chuxing, a Chinese ride-hailing firm, is weighing its options to invest $6… Read More ›
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