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Johana Bhuiyan / Recode:
John Zimmer, co-founder and president of Lyft, on the firm's self-driving vision: semi-autonomous cars on fixed routes by 2017, fully autonomous fleets by 2022   —  Expect to see semi-autonomous vehicles driving on fixed routes by 2017 in a subscription model.
Sep 18, 2016, 11:15 AMIn context
Johana Bhuiyan / Recode:
Filing reveals Didi Chuxing is worth $33.8B following Foxconn's new $119.9M investment in the company   —  Didi says the two companies are exploring opportunities for cooperation but as yet have no concrete plans.  —  Foxconn Technology Group has joined the growing portfolio of international companies …
Sep 8, 2016, 12:10 PMIn context
Recode:
Sources: Lyft recently sought $9B for buyout after GM expressed interest in acquiring the company but received no bids even after lowering its asking price   —  It failed to find another buyer after GM expressed interest in acquiring the company.  —  Lyft may have run out of options.
Aug 19, 2016, 9:10 PMIn context
Johana Bhuiyan / Recode:
Ford plans fleet of fully autonomous cars operating in a riding-hailing service by 2021; CEO says self-driving cars as a service to become main revenue source   —  The company has invested in four startups as part of that effort.  —  Ford is finally taking the plunge and setting a date …
Aug 16, 2016, 2:25 PMIn context
Recode:
Chris Urmson, CTO of Google's self-driving car project, announces he is leaving after seven years   —  A key executive of Google's self-driving car project is leaving the company.  Chris Urmson, who serves as CTO and technical lead, announced that he was leaving after seven years.
Aug 5, 2016, 6:10 PMIn context
Johana Bhuiyan / Recode:
Sources: Uber's head of global customer support Tim Collins is out, replaced by former head of global expansion Austin Geidt   —  Tim Collins's departure was announced in a company-wide email on Monday.  —  The head of Uber's global customer support operations, Tim Collins, has left the company, multiple sources told Recode.
Jun 7, 2016, 12:00 PMIn context
Johana Bhuiyan / Recode:
Sources: Rupert Murdoch owns an undisclosed stake in Uber through an investment vehicle   —  Murdoch has a minority stake in the company, but even a half-percent share would amount to something close to $300 million.  —  Rupert Murdoch owns a minority stake in ride-hail giant Uber, multiple sources tell Recode.
May 11, 2016, 5:20 PMIn context
Johana Bhuiyan / Re/code:
Uber enables global e-hailing through Alipay to fend against Lyft/Didi alliance   —  Starting today, Uber riders from China won't have to worry about language barriers or currency when traveling outside of the country.  —  Now, riders will be able to pay for and hail a ride in the Alipay app …
May 3, 2016, 1:40 AMIn context
Johana Bhuiyan / Re/code:
Arianna Huffington joins Uber's board of directors   —  Arianna Huffington, the co-founder and editor in chief of the Huffington Post (and an Uber investor already), has joined Uber's board of directors, company CEO Travis Kalanick announced today.  —  As a director, Huffington is in the company …
Apr 27, 2016, 11:50 AMIn context
Johana Bhuiyan / Re/code:
San Francisco District judge throws out $12.25M settlement in Lyft driver classification lawsuit, says it's not high enough   —  Lyft may have to pay more than $12.25 million to settle driver classification suit  —  A San Francisco District judge threw out a $12.25 million settlement agreement between Lyft …
Apr 7, 2016, 7:40 PMIn context

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