Techmeme

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Wall Street Journal:
Sources: Uber is nearing a deal with SoftBank, Toyota, and Denso to invest $1B in its self-driving unit, valuing it at $7.25B, as Uber prepares for its IPO   —  Ahead of its long-planned IPO, the ride-sharing company is nearing a deal with a group including SoftBank that would invest …
Apr 17, 2019, 2:50 PMIn context
Faiz Siddiqui / Washington Post:
Uber says it recently modified some of its JUMP electric bikes after finding a braking problem like the one that prompted Lyft to recall its electric bikes   —  Uber acknowledged Monday that it had modified some of its electric bikes recently after the company encountered a braking problem similar …
Apr 16, 2019, 6:25 PMIn context
Bill Bostock / Business Insider:
Uber launches a tool for female Saudi Arabian drivers, letting them pick up only women, after finding 74% didn't want to pick up men   —  - Uber has launched a feature for female drivers in Saudi Arabia which means they can block men from hailing their cab.  — The feature …
Apr 16, 2019, 2:50 PMIn context
BuzzFeed News:
Overview of high-profile male executives in tech who were accused of sexual misconduct and are now getting second chances   —  Silicon Valley says it's committed to improving diversity, but high-profile male executives accused of sexual misconduct are getting second chances.  Some advocates are wondering why.
Apr 16, 2019, 12:18 PMIn context
David Gelles / New York Times:
Charity: water now accepts stock donations from shareholders of private startups like Uber to share some IPO proceeds as bonuses with the non-profit's staff   —  Entrepreneurs who own stakes in private companies can donate some of their equity to Charity: water.
Apr 14, 2019, 2:05 PMIn context
Reuters:
A look at SoftBank's “future of mobility” investments, with $60B now deployed in 40+ companies ranging from ride hailing to delivery robots to self-driving cars   —  (Reuters) - SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing …
Apr 14, 2019, 8:00 AMIn context
Kirsten Korosec / TechCrunch:
Uber's S-1 shows that it spent $457M last year on research and development of autonomous vehicles, flying cars, and other “technology programs”   —  Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other …
Apr 11, 2019, 7:45 PMIn context
Joshua Franklin / Reuters:
Uber's S-1 says the company had 91M average monthly active users, including for ride-hailing and Uber Eats, at the end of 2018, up 33.8% YoY   —  NEW YORK (Reuters) - Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company …
Apr 11, 2019, 7:40 PMIn context
Ruth Reader / Fast Company:
In its S-1, Uber says it will make a report public in 2019 on sexual assaults and other safety incidents claimed to have occurred on its platform in the US   —  As it prepares to go public, Uber says it is committing to more transparency around sexual assaults that happen on its platform.
Apr 11, 2019, 7:15 PMIn context
Jordan Novet / CNBC:
Uber's S-1 reveals that Uber paid Google ~$58M to use Google Maps from 2016-2018 and that Uber uses Google's public cloud in addition to AWS   —  - The two companies have a tangled history - Google was an early investor, but the companies fought a bitter court battle over self-driving technology.
Apr 11, 2019, 5:05 PMIn context

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