Results 1 - 10 of 30:

Sources: Didi Chuxing, China's ride-hailing giant, plans to enter Mexico next year in what would be its first international expansion   —  MEXICO CITY/SAN FRANCISCO (Reuters) - Didi Chuxing, China's ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber …
Dec 7, 2017, 6:55 PMIn context
Uber's use of encrypted messaging app Wickr, which may have allowed the company to avoid preserving records relevant to litigation, could set legal precedents   —  Paresh Dave, Heather Somerville  —  (This version of the Nov. 20 story corrects to show Uber used a business version …
Dec 2, 2017, 11:30 PMIn context
Uber to buy up to 24K SUVs from Volvo equipped with autonomous technology in a non-exclusive deal from 2019 to 2021; Uber will add its own self-driving tech   —  STOCKHOLM/SAN FRANCISCO (Reuters) - Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. firm …
Nov 20, 2017, 9:30 AMIn context
Heather Somerville / Reuters:
Large VC rounds from SoftBank, others contributed to slowdown in tech IPOs; just 12 VC-backed tech firms have IPOed in US in 2017 vs. 27 in same period in 2014   —  LAGUNA BEACH, Calif. (Reuters) - Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp …
Oct 23, 2017, 9:20 AMIn context
Heather Somerville / Reuters:
PitchBook: seed funding down with 900 deals in Q2 '17, after 1.1K in Q2 '16 and 1.5K in Q2 '15; investors blame over-inflated valuations, tepid IPO market   —  The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured approach to financing emerging U.S. technology companies.
Aug 1, 2017, 9:30 PMIn context
Sources: cybersecurity firm Zscaler to hire banks for potential IPO later this year at a valuation of about $2B   —  Zscaler Inc is interviewing investment banks to hire as underwriters for an initial public offering later this year that could value the U.S. cyber security software firm at about $2 billion …
Jun 29, 2017, 6:45 PMIn context
Source: Uber board is meeting on Sunday to vote on Holder report recommendations, will also discuss Travis Kalanick temporarily stepping away   —  Uber Technologies Inc's [UBER.UL] board will discuss Chief Executive Travis Kalanick temporarily stepping away from the embattled ride-hailing firm …
Jun 11, 2017, 11:35 AMIn context
Airbnb, San Francisco settle lawsuit over short-term rental law   —  Airbnb and the city of San Francisco have settled a lawsuit over a local ordinance that had forbidden the home-rental company from taking bookings from hosts who have not registered their homes.
May 1, 2017, 2:40 PMIn context
Uber resumes testing self-driving cars in San Francisco after halt following crash in Arizona; autonomous cars in Arizona, Pennsylvania to resume later today   —  Uber Technologies Inc [UBER.UL] put its self-driving cars back on the road on Monday, voicing confidence in its autonomous vehicle …
Mar 27, 2017, 12:10 PMIn context
Heather Somerville / Reuters:
Judge approves $27 million driver settlement in Lyft lawsuit   —  A U.S. judge gave the final approval on Thursday to a settlement agreement in a class-action lawsuit against Lyft, ending a legal case that challenged the independent contractor status of the company's drivers.
Mar 17, 2017, 2:35 PMIn context

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