Tag: transportation
Honda brings Android Auto to Gold Wing motorcycles
Honda was the first to bring Apple CarPlay to motorcycles in 2017, but it has left Android-toting fans hanging ever since. Now, though, you won’t have to be picky about the phone you carry when you cruise. The company has revealed that its current-ge… Source
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Uber commits $50 million to safety supplies for drivers
Uber says it has committed $50 million to procure and providing safety supplies to drivers. Those supplies will include things like face masks, sanitizer, gloves and disinfectant, Uber CEO Dara Khosrowshahi announced on a press call today. Uber says it has secured more than 23 million masks for drivers and…
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A Grubhub-Uber tie-up would remake the food delivery landscape
Earlier today news broke that Uber is pursuing an acquisition of Grubhub. The global ride-hailing giant is worth a multiple of the American food delivery service, making the tie-up financially feasible, provided that a palatable price can be found for both parties. The Wall Street Journal broke the news; you…
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Waymo expands first external investment round to $3 billion
Waymo has added an additional $800 million to the $2.25 billion funding round that it first announced in March, bringing the total size of the financing (its first from investors outside of Alphabet) to $3 billion. The extension comes from new investors including those managed by T. Rowe Price, Perry…
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Rideshare drivers stage caravan protest over Uber’s labor practices
Around 100 Uber and Lyft drivers are staging a caravan protest at Uber’s San Francisco headquarters to demand Uber comply with gig worker protections law AB-5, pay into the state’s unemployment insurance fund and drop the ballot initiative it proposed along with Lyft and DoorDash that aims to keep gig…
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Why Uber and Lyft rallied last week
Heading into earnings season, you might have expected Uber and Lyft to suffer. After all, global travel slowed toward the end of Q1, so how could these companies have done well? Continuing the same line of thinking, given that they are both unprofitable and are valued more on growth than…
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