Techmeme

Results 1 - 10 of about 110:

Bloomberg:
Sources: PagerDuty, which makes performance monitoring tools for developers, has filed confidentially for an IPO; it was valued at more than $1B in September   —  - Startup had expected to generate $100 million in 2018 revenue  — PagerDuty is valued at more than $1 billion by mutual funds
Jan 15, 2019, 8:25 PMIn context
Eric Newcomer / Bloomberg:
Sources say Japanese firms hold stakes worth at least $13B combined in US ride-hailing startups: SoftBank holds 15%+ of Uber and Rakuten holds 10%+ of Lyft   —  - SoftBank holds more than 15% of Uber, Rakuten over 10% of Lyft  — The stakes would be worth at least $13 billion combined
Dec 11, 2018, 12:35 PMIn context
Eric Newcomer / Bloomberg:
Uber has shifted strategies in Germany, Japan, and Argentina by working within regulations and launching non-ride-hailing businesses   —  Sitting in his glass-walled office in Berlin with an open suit jacket, casually tieless, Christoph Weigler looks every bit the part of a Silicon Valley startup executive.
Nov 20, 2018, 1:30 PMIn context
Eric Newcomer / Bloomberg:
Inside Uber's deal with Saudi Arabia, from David Plouffe's first meetings with local officials to the 10%+ stake that, sources say, the kingdom now owns   —  Even as Uber's lawyers finalized the details of the deal, they still couldn't quite believe it would really happen.
Nov 3, 2018, 5:00 PMIn context
Eric Newcomer / Bloomberg:
Lime submits application to San Francisco city attorney to delay rollout of the city's scooter pilot program, to which Lime says it was unfairly denied a permit   —  - Startup will attempt to delay SF's planned scooter rollout  — Dispute underscores the industry's multi-billion dollar stakes
Oct 11, 2018, 5:55 PMIn context
Bloomberg:
Uber announces new safety features for drivers and riders, such as checking in on idle cars and anonymous pick up addresses, rolling out in the coming months   —  - Ride-hailing service has seen all sorts of catastrophes  — Questions have lingered over how thoroughly drivers are vetted
Sep 5, 2018, 12:30 PMIn context
Bloomberg:
Sources: Lyft has hired an adviser to start the process for an IPO ahead of Uber, targets March or April 2019 for the listing   —  - Ride-hailing company hiring Class V to help with process  — Uber CEO reaffirms 2019 IPO target, following CFO's comments
Aug 31, 2018, 12:11 AMIn context
Eric Newcomer / Bloomberg:
Rigetti Computing, one of the companies trying to build a practical quantum computer, discloses that it has raised a $50M round in late 2017   —  Few corners of the tech industry are as tantalizing or complex as quantum computing.  For years evangelists have promised machines capable of breaking …
Aug 13, 2018, 2:45 AMIn context
Eric Newcomer / Bloomberg:
Uber says Otto Trucking co-founder Lior Ron is returning to run Uber Freight, following a negotiation to rework terms of Uber's deal to acquire Otto Trucking   —  - Lior Ron is back after intense negotiations with Uber  — Ron testified in Alphabet's trade secret case against Uber
Aug 7, 2018, 3:40 PMIn context
Eric Newcomer / Bloomberg:
Uber's head of strategic finance, Prabir Adarkar, leaves to be the new CFO of DoorDash as Uber's three-year search for a CFO continues ahead of next year's IPO   —  Food delivery startup DoorDash Inc. named Prabir Adarkar as chief financial officer, poaching the most senior leader of Uber Technologies Inc.'s finance department.
Jul 19, 2018, 2:05 PMIn context

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