Techmeme

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Bryan Menegus / Gizmodo:
Lawsuit claims Amit Singhal, a former Google and Uber exec, was offered a $45M exit package after resigning from Google following a sexual assault accusation   —  Following the revelations of a $90 million golden parachute to Andy Rubin, a former Google executive accused of sexually harassing a subordinate …
Mar 11, 2019, 7:50 PMIn context
Chris Ip / Engadget:
How Foursquare, which tracks the location of millions via their smartphones and has 100K+ clients including Snapchat and Uber, makes sure its data isn't misused   —  It seems counter-intuitive that, in the thick of a backlash against Big Tech's data privacy abuses, Dennis Crowley …
Mar 10, 2019, 2:10 PMIn context
Ankita Rao / Motherboard:
A profile of Via, a New York ride-hailing company that pays drivers more than Uber and Lyft, aims to be eco-friendly, and tries to “strengthen public transit”   —  Via pays its drivers more than any other company, focuses on environmentally friendly practices, and wants to decrease traffic congestion.
Mar 8, 2019, 8:50 AMIn context
Alexis C. Madrigal / The Atlantic:
An analysis of 105 “Uber for X” US companies, representing $7.4B in VC investment: four have reached unicorn status, 19 were acquired, and 28 have shut down   —  In March 2009, Uber was born.  Over the next few years, the company became not just a disruptive …
Mar 7, 2019, 9:50 AMIn context
Alison Griswold / Quartz:
In a letter, a county attorney in Tempe, Arizona says that Uber has not been found criminally liable in last year's fatal crash of one of its self-driving cars   —  Uber has been found not criminally liable in a fatal crash last year involving one of its self-driving cars in Tempe, Arizona.
Mar 5, 2019, 8:25 PMIn context
Jon Russell / TechCrunch:
Ride-hailing company Go-Jek raises $100M from Indonesian conglomerate Astra as part of its Series F; Go-Jek has raised more than half of its Series F $2B goal   —  U.S. ride-hailing giants Lyft and Uber are going public in the U.S. imminently, but over in Southeast Asia …
Mar 4, 2019, 7:15 PMIn context
Ari Levy / CNBC:
Sources: Rakuten, which owns a 13% stake in Lyft, made the investment in 2015 after data from its consumer purchase tracker Slice showed Lyft was undervalued   —  - Rakuten invested $300 million in Lyft in 2015, when the ride-hailing company was trying to avoid being crushed by Uber.
Mar 3, 2019, 4:00 PMIn context
Janet Morrissey / New York Times:
A look at on-demand medical startups in the US like Heal and The I.V. Doc, which are helping users get treatment for nonemergency problems at home or work   —  Businesses can deliver everything on demand, from dinner to dry cleaning.  Some will even show up at your door to give you cupcakes or walk your dog.
Mar 3, 2019, 12:30 AMIn context
Sara Salinas / CNBC:
Lyft S-1: 2018 revenue of $2.2B up 100% YoY, gross bookings of $8.1B from 1B+ rides, loss of $911M, up 32% YoY, 39% market share in the US, up from 22% in 2017   —  - In Lyft's long-awaited IPO prospectus, the Uber archrival says its share of the market has grown to 39 percent.
Mar 1, 2019, 11:52 AMIn context
Bloomberg:
Sources: Uber is in advanced talks to acquire its Dubai-based rival Careem, valuing the company at $3B, in a deal that could be announced in the coming weeks   —  - Dubai-based Careem may be valued at about $3 billion in a sale  — Companies may be ready to announce a deal in the coming weeks
Feb 28, 2019, 1:13 PMIn context

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