Month: June 2017

Uber said on Thursday that the ride-hailing services company had completed 5 billion trips, as of May 20. Source: Uber crosses 5 billion trips

The listing, announced earlier this month, came at a €25.50 share price, at the top of its pricing range. The share price quickly rose to reach as high as €26.90 — or up 5.5 percent — on the first day of trading, according to Bloomberg. That peak price gave six-year-old Delivery Hero, which is present […]

The infrastructure for real-time payment for work continues to grow. The newest solutions available on Mastercard Developers range from helping businesses gain insights on their performance in the era of IoT to digitizing the ways in which their consumers shop and manage personal finances. Mastercard has also added to the New & Experimental API category […]

Robert Scoble talked about this months ago…. Next up on Apple’s agenda is augmented reality, the act of superimposing digital data and visuals atop a live video feed of your surroundings — something that Google, Microsoft, and many others have been experimenting with for a long time. Apple is far from being able to claim […]

Drive.ai’s retrofit kits employ off-the-shelf hardware, including radar and LiDAR, and the startup focuses on building the autonomous software platform that brings all those aspects together to make the self-driving magic happen. With this funding, the company will focus on launching its first pilots, which it’s aiming to start later this year, and on international […]

Even if Uber fixes all of its current problems, it’s increasingly unlikely that it can live up to the inflated expectations that come with the nearly $70 billion valuation that have made it the world’s most valuable startup. There are barbarians at Uber’s gate, and it’s sorely in need of a moat. Source: Uber’s Biggest […]

Waymo, the self-driving car unit of Alphabet Inc., has reached an agreement for Avis Budget Group Inc. to manage its fleet of autonomous vehicles. It’s the first such deal in a field that’s still fledgling but exploding with partnerships. Avis shares surged. Source: Alphabet Inks Deal for Avis to Manage Self-Driving Car Fleet – Bloomberg

Good to see Heal‘s incredible progress. Nick Desai spoke at BIA/Kelsey NOW in San Francisco two years ago. It was clear then he was helping change the world. Costs can also drop, since patients can avoid hospital visits. A 2013 Brookings Institution report said a Department of Veterans Affairs analysis of its home-based care program […]

During the past four quarters, Uber’s operating losses were more than $3.3bn on a measure that excludes interest, tax and share-based compensation — a figure that dwarfs other famously lossmaking companies such as Amazon. Source: Can Uber ever make money?

Waymo has hired Satish Jeyachandran, Tesla Inc.’s former director of hardware engineering, as the mobility division created by Google parent Alphabet Inc. moves closer to commercializing its self-driving vehicle technology. Source: Waymo Hires Ex-Tesla Engineer to Lead Self-Driving Hardware – Bloomberg