Silicon Valley Venture Capitalists Prepare for an I.P.O. Wave

Silicon Valley Venture Capitalists Prepare for an I.P.O. Wave

The tide has turned, enterprise capitalists mentioned. “I talk to bankers all the time and they’re like: ‘Dude, we have stuff coming down the pike. There’s a bunch of offerings teed up,’” mentioned Rob Hayes, a normal associate at First Round Capital, who led a $1.5 million funding spherical in Uber in 2010 that valued […]

Kevin’s Week in Tech: Another Facebook-Free Edition

Kevin’s Week in Tech: Another Facebook-Free Edition

As a part of the announcement, Mr. Huffman ended up inflicting an excellent greater stir by answering a query from a consumer about whether or not open racism was prohibited on the positioning underneath Reddit’s guidelines. “It’s not,” Mr. Huffman replied, explaining that the corporate’s insurance policies utilized to customers’ habits, not their beliefs. After […]

Uber to Buy Jump, Maker of Electric Bicycles, After Bike-Sharing Test

Uber to Buy Jump, Maker of Electric Bicycles, After Bike-Sharing Test

SAN FRANCISCO — Uber started a pilot program in San Francisco to permit its prospects to order “pedal-assist” electrical bicycles inside its ride-hailing app in January. Now, Uber says it plans to purchase the corporate behind the bike-sharing service and produce that functionality to different cities all over the world. In a weblog publish Monday […]

Congestion Pricing Falters in New York, Again

Congestion Pricing Falters in New York, Again

From the beginning, there was resistance from drivers, their advocates, industrial truckers and a few elected officers — together with state legislators — who noticed congestion pricing as primarily benefiting Manhattan residents, on the expense of these from outdoors the borough who must drive for work, college, medical appointments or different obligations as a result […]

The Self-Driving Car Industry’s Biggest Turning Point Yet

The Self-Driving Car Industry’s Biggest Turning Point Yet

As my colleague Neal Boudette famous, Waymo’s announcement confirmed that the corporate has “an audacious vision that goes far beyond even the most optimistic plans of its rivals.” Waymo says that by 2020 — that’s, two years from now — its fleet of self-driving Jaguars will probably be doing as many as 1,000,000 journeys per […]

Executive Who Sold Self-Driving Truck Start-Up to Uber Departs

Executive Who Sold Self-Driving Truck Start-Up to Uber Departs

Photo Lior Ron, who based Otto with Anthony Levandowski, was answerable for Uber Freight, a truck cargo reserving service. Credit Andreas Gebert/Associated Press SAN FRANCISCO — One of the founders of Otto, a self-driving truck firm based by former Google workers and bought by Uber, has left the ride-hailing service. Lior Ron — who together […]

Waymo, a Google Spinoff, Ramps Up Its Driverless-Car Effort

Waymo, a Google Spinoff, Ramps Up Its Driverless-Car Effort

Mike Ramsey, an analyst at Gartner who tracks autonomous-vehicle improvement, mentioned it might not shock him if Waymo achieved its formidable timetable. But he added, “I anticipate a rollout that will be less than perfect and at times will be a bit slow and clunky.” Waymo’s aggressive plans are all of the extra hanging given […]

Uber Ordered to Take Its Self-Driving Cars Off Arizona Roads

Uber Ordered to Take Its Self-Driving Cars Off Arizona Roads

SAN FRANCISCO — Uber was ordered to droop testing of its autonomous automobiles on Arizona roads Monday night, eight days after one in all its automobiles struck and killed a woman in Tempe. State officers stated the ride-hailing service had failed to satisfy an expectation that it could prioritize public security because it examined the […]

Opinion

Opinion

The current killing of a pedestrian by a self-driving Uber automobile is the supply of the most recent destructive headlines about this firm. But there’s a a lot deeper downside. While the management has modified — Dara Khosrowshahi changed Uber’s co-founder Travis Kalanick as chief government final August after a collection of scandals — the […]

Uber to Sell Its Southeast Asia Business to Grab, a Regional Rival

Uber to Sell Its Southeast Asia Business to Grab, a Regional Rival

Uber’s exit from Southeast Asia, a area of greater than 600 million folks, additionally displays the brand new route the corporate is taking beneath Mr. Khosrowshahi, who replaced Travis Kalanick as chief govt final yr. Mr. Khosrowshahi has forsworn his predecessor’s infamously pugnacious manner of doing enterprise. And with a mandate to take Uber public, […]