Sentences with phrase «hailing startup»

The trial between Uber and Waymo over alleged trade secret theft led to the public disclosure of some new details surrounding Uber's 2016 acquisition of Otto, a self - driving truck startup founded by Anthony Levandowski who Waymo alleges stole some of its intellectual property and used it to advance the ride - hailing startup's own autonomous driving technologies.

Other backers in the ride - hailing startup's latest financing round included a venture capital fund jointly run by Indian industrialist Ratan Tata and the University of California's investment arm, as well as several U.S. institutional investors, people familiar with the deal said, asking not to be identified talking about a private deal.

It's also under investigation by the FBI for use of another software program designed to target rival ride - hailing startup, Lyft.

India - primarily based trip - hailing startup accelerated into bicycles in December.

As the battle for market dominance intensifies in the taxi aggregator services space in the country, home - grown cab - hailing startup...

The shocking move capped four months of near constant controversy for the ride - hailing startup.

As word spread Wednesday morning of Travis Kalanick's sudden departure from the helm at troubled ride - hailing startup Uber, Silicon Valley pundits, investors and analysts all tried in different ways to make sense of one of the most startling developments to come out of the tech world in recent years.

The embattled Uber founder decided to step down from President Donald Trump's business advisory board mere minutes before the New York Taxi Workers Alliance, a union that claims to represent 50,000 drivers in New York, was scheduled to protest the ride - hailing startup at the company's driver office in Long Island City, New York.

The ride - hailing startup, billed as the most valuable private company in 2017, has been facing seemingly insurmountable hurdles.

She described her «strange experience» at the ride - hailing startup, which allegedly involved HR ignoring her complaints that her manager was sexually harassing her.

Recently, reports emerged that Uber has decided to sell its Southeast Asia business to ride - hailing startup, Grab.

As the proprietor of a so - called two - sided marketplace, Travis Kalanick, who resigned Tuesday night as chief executive of the $ 70 billion ride - hailing startup, spent years carefully balancing the interests of drivers against those of passengers.

The ride - hailing startup raised several billion dollars in recent years, including $ 3.5 billion from a Saudi Arabian investment fund and $ 2 billion in the form of a leveraged loan.

Late in July at its new headquarters in San Francisco's Mission Bay neighborhood, Lyft served pink martinis and prosciutto to around 40 reporters, public relations specialists, driver partners, and Lyft staff at an early - evening happy hour celebrating the ride - hailing startup's four - year anniversary.

For example, Uber sold new shares to SoftBank Group in January in a deal that valued the ride hailing startup at $ 48 billion, significantly higher than the nearly $ 4 billion valuation at which Google had bought its stake in the company five years ago.

There will always be plenty of competition in the US from Lyft, other ride - hailing startups, and automakers, and Europe from Uber's perspective is a mess of regulations and worker protections.

Japan's SoftBank became the largest shareholder in Uber in January, setting off speculation that it would encourage ride - hailing startups in its portfolio to cut back on competing with each other.

Alwaleed, the chairman of the Kingdom Holding Company, is one of the faces of Saudi tech investing: As of last year he owned 35 million shares of Twitter and with his company owned 5.3 percent of the ride - hail startup Lyft, a stake he acquired in part by purchasing existing shares from Andreessen Horowitz and Founders Fund.

Not exact matches

Startup - turned - superpower Uber, which sought to change how consumers hail taxis, is a firm because it presented the market with a new solution.

The move served as a rare moment of deference, as the startup juggernaut effectively gave up its share of the rapidly growing Asian ride - hailing market.

Moreover, most of the household names we're familiar with in the startup world hail from tech companies (e.g., Mark Zuckerberg, Larry Page and Sergey Brin).

Controversy over whether drivers for the ride - hailing services should classify drivers as employees or contractors has been a thorn in the startups» sides elsewhere in the country as well, spurring debate in the press and sometimes leading to lawsuits.

If you're gutsy and fast - paced, then your expert — no matter whether he hails from a traditional role in corporate America or the startup in the office next door with the magnetic black walls and neon chalk — better share your values and vision.

Now, like Uber and Lyft in the ride - hailing market before them, electric scooter sharing startups are warring for the hearts and minds of customers and investors alike — while also battling with local authorities to be recognized as a legitimate mode of transport.

Slack, the three - year - old workplace chat tool, has been hailed as one of the hottest tech startups at the moment with thousands of users praising it for changing the way they communicate at work.

Many public transit agencies are starting to see ride - hailing and other mobility services as a threat to their own business, as some startups, including Lyft, launch shuttle services for transporting larger numbers of riders.

Speaking of autonomous cars and all that, the cost of owning a car and using it for commuting will exceed the cost of relying solely on ride hailing services within 10 years, at least in Seattle and Denver, according to a study by insurance startup QuoteWizard.

The executive, Anthony Levandowski, allegedly told Kalanick and two other employees in March 2016 that he had five discs containing Alphabet documents, several months before the ride - hail company acquired his startup, Otto.

The top - 10 unicorns are some of the most famous companies in China, including Ant Financial (the financial arm of Alibaba that operates Alipay), ride - hailing company Didi Chuxing (which recently acquired the Chinese operations of Uber) and the startup Xiaomi.

Go - Jek is already looking to step into the void by expanding its Indonesia - based service into Thailand, Vietnam and the Philippines, but now a source tells TechCrunch that the ambitious startup has held early - stage talks with Comfort that could see it enter Singapore as ride - hailing partner for its 15,000 drivers.

The founder duo hail from Jaipur, making Girnar one of the few startups that has headquarters outside any metro cities.

The companies that make this possible — behind, say, the ride - hailing app Uber or the short - term rental app Airbnb — are some of the most valuable startups in the U.S....

Startup Grind Singapore recently spoke with one of the key people behind the success of ride - hailing app Grab, Kell Jay Lim.

Suffolk County Executive Steve Bellone became the first downstate suburban official to embrace the startup of local ride - hailing services in time for the July 4 weekend, leaving Nassau and Westchester still to decide whether to opt out.

Suffolk County Executive Steve Bellone Tuesday became the first downstate suburban official to embrace the startup of local ride - hailing services in time for the July 4 weekend, leaving Nassau and Westchester still to decide whether to opt out.

With the internet we can communicate instantly with someone on the other side of the world, hail a ride with the push of a button, or start a business with little to no startup costs.

And eBay bought Braintree, a payment processor used by startups such as vacation rentals site Airbnb and cab - hailing app Uber, a year ago for about $ 800 million and will be part of the PayPal unit.

When the initial coin offering (ICO) craze started, it was hailed as a more democratic way to raise funds for startups.

Some of the startups that pitched include HAIL - A-HUSTLE, an e-commerce platform that seeks to develop business potential through its diverse products, and Usafi Sanitation, a startup that wants to improve sanitation and improve human dignity by providing schools and communities with proper sanitation by installing eco-friendly toilets and eliminating pit latrines.

If your startups meet those requirements, send our events team an email and tell us a bit about your delegation and from where your company hails.

As the concept has gained market traction in recent months, the ICO model has been hailed by some as a novel way for startups to raise funds, while critics have argued it exposes investors to the potential for fraud in a regulatory gray area.

Colorado and metro Denver have been hailed as a startup haven for businesses of all kinds, and the Kaufman Index ranked Colorado in the nation's top five locations for entrepreneurs.

Lore, who battled Amazon while running his previous startup, Quidsi, was hailed as a game - changer who transformed Walmart into «a viable No. 2 in e-commerce,» according to UBS analyst Michael Lasser.