Sentences with phrase «ride sharing companies»

First and foremost, it is important to note that California law requires ride sharing companies to have a sizable liability insurance policy taken out on each of their drivers.

He says the ride sharing companies should perhaps be required to help pay for the upkeep of roads and bridges, in an arrangement similar to New York City, where taxi cab companies pay a fee towards public transit.

«Cities throughout America, including New York City, are allowed the convenience of ride sharing companies like Uber and Lyft,» Molinaro said.

The letter, written on Jacobs's behalf by his own lawyer, Clayton D. Halunen, describes how Uber's web scraping was used to lift competitor ride sharing companies» driver information, pricing structures and incentives.

T. Rowe Price cut valuations for 12 of its 17 investments in private tech companies, including the accommodations share site Airbnb, ride share company Uber, cloud storage company Dropbox as well as open - source development company Cloudera, and Evernote, the organization app company, the Wall Street Journal reported on Friday.

The ride share company is the most highly valued startup today, worth roughly $ 50 billion.

Two drivers for ride sharing company Uber (uber) were arrested this weekend in two separate incidents.

Even with the explosive growth of Uber and Lyft and other ride share companies in recent years, taxis are still widely present in Boston.

Portland, OR: Uber is facing a data breach class action lawsuit filed by a resident of Portland who alleges the ride share company was negligent in its safeguarding of customer data, resulting in a data breach in October 2016, in which hackers accessed and stole data from 57 million Uber customers and drivers.

The goal of the ride sharing company, and any affected insurance company, will be to get you to settle for a much lower amount of money than you are actually entitled to.

Personal injury lawsuit claims Uber and its driver are responsible for her serious injuries A New Mexico woman recently filed an Uber accident lawsuit against the ride sharing company and its driver behind the wheel the night of her accident over allegations the defendants» negligence was responsible for her serious injuries.

Not exact matches

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.

Take Uber, for example: The ride - sharing company has taken a foray into the world of food delivery, and the service — which, according to The New York Times, is available in 120 markets worldwide — sometimes earns more than Uber's original offering.

It was just a few weeks ago that Whitman was gunning to be the CEO of the embattled ride - sharing company Uber — despite saying several times that she didn't want the role.

With its latest expansion, Lyft might emerge as the ride - sharing company that's closest to ruling those suburbs.

Autonomously - driving vehicles could help give ride - sharing companies access to customers they otherwise couldn't reach — without Lyft or Uber having to worry about drivers getting enough work to make it worth their while.

She co-founded the media company Huffington Post before launching the wellness site Thrive Global and is currently on the board of directors for ride - sharing app Uber.

In October, Lyft announced that it had replaced the ride - sharing company's old navigation software used by drivers with Google Maps.

Those new unicorns include companies such as French ride - sharing service BlaBlaCar, e-commerce player Jet.com, and the recently - embattled fantasy sports site DraftKings.

For the past few months, Google Maps has quietly been offering special features designed to aid ride - sharing, delivery and gaming companies among others.

The company distinguished itself by providing services the ride - sharing service doesn't.

From mobile financial planning to a new way to share a ride, these are the hot companies coming from the Bay Area.

In October 2012, the California Public Utilities Commission sent Lyft, along with several other ride - sharing and car - hailing companies, cease and desist letters.

• Grab, a ride - sharing company serving Southeast Asian markets, plans to raise more than $ 1.5 billion in a funding round led by SoftBank, according to Bloomberg.

Tonight, I am meeting him for the first time, sharing a train ride to Philadelphia, where I'll get to hear him pitch his latest company, Relationship Science.

When Khosrowshahi takes the top job at the ride - hailing company, he might have to divest his shares in Convoy.

Ride - sharing company Lyft has expanded its operations in the United States by more than 50 % in the past eight months, taking advantage of problems at rival company Uber to capture new market share.

Last month, a former engineer published a blog post in which she said she had repeatedly complained about sexual harassment and discrimination at the ride - sharing company, but was ignored or punished.

The Democratic former Secretary of State worries about ride - sharing service drivers making ends meet, but also praises the company for «creating exciting opportunities,» the Times reported.

The ride - sharing company's growth possibilities, Whitman said in a statement afterward, «remind me of eBay in its early days,» but «it wasn't the right thing.»

Meanwhile, ride - sharing app Uber bought an autonomous transport trailer startup called Ottomotto in August 2016; the acquired company had filed its U.S. trademark application in March 2016.

Barra brings experience helping GM, one of America's most well - known companies, adapt to a changing technological landscape, including the advent of ride - share services and self - driving cars.

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.

Saudi Arabia's Public Investment Fund is plunging $ 3.5 billion into Uber, cementing a value for the ride - sharing company of $ 62.5 billion.

Bike sharing is the second hot category after ride - sharing with a suite of companies that are receiving VC money, PE money, and now strategic money, from investors like Tencent and Alibaba.

But it is still in the ride - sharing platform's best interest to remain private say some analysts, and they expect the company will do just that.

Uber's latest investment in Brazil comes just weeks after Didi Chuxing, China's largest ride - hailing company, announced it was investing more than $ 100 million in Brazilian company 99, an on - demand taxi and ride sharing service.

From riding an elephant into a sales meeting, hiring a marching band to pump up his team and going from the brink of bankruptcy to building a billion - dollar business, Moses shares his business and life lessons on how to think big, build amazing teams, create company culture and overcome adversity.

Elaine Chao, the President - elect's pick for Secretary of Transportation, plans to push for less regulation for ride - sharing companies and wants more Americans to take part in the gig economy.

While there are no current estimates for market capitalization overall, Uber, the company that specializes in ride - sharing, recently was valued at more than $ 18 billion, and various reports place Airbnb's value at $ 10 billion.

On the topic of temptation, Green said he learned a big lesson from the early days of his first company, Zimride, a ride - sharing service for college students and employees of local companies.

These are important (and symbolic) hires for Uber as the company tries to prove it's no longer just a ride - sharing platform.

Logan Green, CEO of on - demand ride - sharing company Lyft, spoke during a fireside chat at the Play Conference 2013, an event organized by students from the Haas School of Business at UC Berkeley.

Perhaps the most high - profile example of how such misconduct can destroy value is Uber, the ride - sharing company rocked by allegations of harassment and sexism early last year.

In spite of prices that can be a fraction of Capital Bikeshare, dock-less company LimeBike says all it needs to make its business model work is one ride per bike per day — a mark that most functioning bike - share systems fly by.

As for the long - term plan, Musk dodged a question from an analyst on whether the company could ever offer an autonomous vehicle to a ride - sharing company like Uber.

Attorney Neama Rahmani told Business Insider that Monday's accident will be «a huge setback» for companies that want to introduce autonomous vehicles for personal use or through ride - sharing services.

Former Uber engineer Keala Lusk also shared her experience in a Medium post, alleging a persistent, toxic culture at the ride - hailing company.

Chinese ecommerce giant Alibaba invested in the San Francisco - based ride - sharing company, which plans to expand internationally.

I love the ride - sharing company, but it doesn't seem to love me back.