Sentences with phrase «of ride hailing companies»

The Department of Motor Vehicles must also create a procedure for complaints for license violations of ride hailing companies.

Not exact matches

U.S. regulators said on Tuesday that Uber Technologies agreed to do more to protect the privacy of customer and driver data in settling allegations that the ride - hailing company had made deceptive privacy and data security claims.

Co-founder Travis Kalanick stepped down as CEO of the loss - making ride - hailing company after a workplace culture investigation found more than 200 claims of misconduct.

Uber Technologies Inc.'s third quarter loss widened to $ 1.46 billion, coinciding with a SoftBank - led consortium's bid to buy a large block of the ride - hailing company's stock.

Appthority's Uber findings come after a series of public relations fiascos for the ride - hailing company, which has had to deal with allegations of sexism, sexual harassment, government circumvention, and trade secret theft in the past month.

Today, the ride - hailing company officially announced that it will develop a suite of hardware and software that will allow any manufacturer to turn its vehicles into autonomous vehicles.

The Computer & Communications Industry Association (CCIA)- which represents major technology companies, including Uber - said the importance of the case went beyond the ride - hailing app.

It's put billions of dollars to work in ride - hailing companies across the globe, including Uber and China's Didi Chuxing, and hundreds of millions into start - ups in many other categories, including dog - walking company Wag (it invested $ 300 million), food delivery provider DoorDash (it led a $ 535 million round), and virtual reality infrastructure provider Improbable (it led a $ 502 million round).

Ironically, Gurley's venture capital firm, Benchmark Capital, is an early and actively supportive investor of ride - hailing company Uber, which has raised more than $ 8.2 billion and is valued at over $ 51 billion.

SoftBank has acquired a 15 % stake in Uber, through a combination of direct investment in the ride - hailing company and through buying the shares of existing Uber shareholder, Uber confirmed on Thursday, weeks after announcing that the transaction was underway.

The ride - hailing company is in exclusive talks to line up funding from four investors, but a deal, which could reach as much as $ 12 billion, hangs on the outcome of a courtroom brawl between Travis Kalanick and Benchmark.

Barney Harford, the former chief executive officer of online travel site Orbitz, has been named chief operating officer at Uber Technologies Inc., making him the second - highest ranking executive at the ride - hailing company.

SoftBank is an investor in Didi Chuxing, the majority owner of Uber's China operations, and has backed Grab, a ride - hailing company in Southeast Asia, as well as India's Ola.

Uber drivers, as well as drivers for Lyft and other ride - hailing companies, are increasingly turning to alternative measures in the hopes of making more money on the job.

Uber has fired 20 employees over harassment, discrimination and inappropriate behavior, as the ride - hailing company tries to contain the fallout from a series of toxic revelations about its workplace.

While there's no evidence that the ride - hailing company has actually taken advantage of the entitlement, it is still unclear why Apple allowed Uber access in the first place.

The transactions are structured so as to spare institutional backers of the ride - hailing firm the pain of marking down the value of their investments, while at the same time offering staff an exit well below what they may have been hoping for before the company was hit by a string of governance scandals.

Uber is less valuable without Travis Kalanick as CEO than it was with him at the helm, according to some of the ride - hailing company's biggest investors.

For Google, a ride - hailing service allows the company to turn one of its most expensive moon shot projects into a real moneymaking business.

The ride - hailing company is pitching the new funding round at a valuation of $ 6 billion to $ 7 billion, The Journal said, citing anonymous sources.

Dara Khosrowshahi, the new CEO of Uber, took his predecessor, co-founder Travis Kalanick, at task for leading the ride - hailing company astray.

For its part, UberEats — which provides home delivery of food in Mexico City and is run by the ride - hailing company Uber — denied any involvement in the incident, telling Mexican news site Excelsior that delivery people using the service «are proprietors and solely responsible for the use of their backpacks.»

The company had announced a slew of programs, including online grocery pick up and a partnership with ride - hailing app Uber to deliver groceries as it looks to boost online sales.

When co-founder and CEO Travis Kalanick said in October that the company currently has 30 % to 35 % of the ride - hailing market there, Chinese rival Didi Kuaidi and others quickly raised skepticism about the claim.

The District Court of Frankfurt has ruled that Uber is not operating within German law, and the ride - hailing company could face a fine of 250,000 euros, or $ 328,000, per violation.

Other companies are studying the economics of using automated driving systems to replace human drivers in taxi or ride - hailing services, including Uber Technologies (uber) and Lyft (lyft), which is collaborating with General Motors (gm).

A potentially devastating lawsuit against ride - hailing company Uber over its classification of drivers as contractors instead of employees is entering an important phase: determining whether drivers can sue together through a class action.

Critics swiftly accused the ridesharing company of attempting to undermine or profit from a work stoppage by taxi drivers that had been called by the New York Taxi Workers Alliance, an AFL - CIO affiliate that represents many immigrants, and whose work has been largely focused on stopping the encroachment of ride - hailing companies like Uber.

Austin voters have decided that drivers for ride - hailing companies, including Uber and Lyft, must pass fingerprint screenings — a more intensive background check than the companies typically require of their contractors — by February 1, 2017.

Ride - hailing giant Uber's full - year net loss widened to $ 4.5 billion in 2017 as the company endured a tumultuous year that included multiple scandals, a lawsuit alleging the theft of trade secrets and the replacement of its CEO.

That is certainly an attractive incentive for ride - hailing companies like Uber and Lyft, which have been kicked out of promising markets before (Uber's license to operate in London was revoked just a few months ago).

Since launching its early rider program in April, Waymo formed an alliance with ride - hailing company Lyft, issued a safety report outlining how it plans to navigate the risks of self - driving vehicles, and revealed more about its technology.

Grab claims the company commands about 95 % of Southeast Asia's market in third - party taxi hailing and 71 % in private vehicle hailing, with about 3 million rides daily.

But the ride - hailing company declined to respond to suggestions that one of its top executive was involved in a hack of Uber's driver database.

• Lyft, a San Francisco - based ride - hailing company, is seeking to raise up to $ 500 million in additional funding in an extension of the CapitalG - led round, according to Axios.

AG Gangadhar, the head of engineering, has left the ride - hailing company, according to Recode.

As automakers grow their mobility services, those services will come into more direct competition with those ride - hailing companies, which have millions of monthly active users.

The newswire reported Wednesday that the ride - hailing company, which is facing a federal probe into possible breaches of the Foreign Corrupt Practices Act, has already notified officials about payments made by its staff in Indonesia.

Ride - hailing company Lyft is set to finally settle a two - year - old lawsuit over its classification of its drivers as contract workers instead of employees.

New on - demand services, from ride - hailing company Uber to home - delivery service Instacart, all rely on armies of workers to run errands, park cars and handle other jobs.

Officials in Portland, Oregon, where Uber continued to operate despite regulations banning ride - hailing companies, have called for an investigation of the program.

Tech Style NYC (it's supposed to sound like «textile») highlights companies like Nuzzle, a sleek GPS tracker for dogs; Earin, a small, wireless headphone; Maven, bottled wine and liquor cocktails; and Fair Fare, an app that let's you compare surge pricing of different ride - hailing companies.

Specifically, in an already crowded marketplace of ride - hail companies, how do you make a shared network of self - driving Teslas profitable or at least worth pursuing?

Uber, on the other hand, has teamed up with a number of companies, which include United Airlines, Starbucks, Morgan Stanley and the National Football League in order to promote its ride - hailing service to as many mainstream consumers as possible.

And the Chinese ride - hailing company Didi Chuxing is in talks for its own listing, according to one of these people.

Hertz is hoping new agreements with ride - hailing operators Uber and Lyft will help the rental car company squeeze more money out of older cars.

But Uber contends that Kalanick said he insisted that Levandowski destroy any Google files he had in his possession before joining Uber, and that this report is further evidence that none of the files made it to the ride - hail company.

Uber has reached a settlement agreement with Alphabet over its lawsuit against the ride - hailing company claiming theft of trade secrets.

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.

But the shareholder letter indicated that his taking time off was not enough for some investors who have pumped millions of dollars into the ride - hailing company, which has seen its valuation swell to nearly $ 70 billion.