Didi Chuxing, the Chinese ride-hailing company, has raised greater than $5.5 billion in what is being billed as the largest round of funding for a technology company. According to a report in Bloomberg News, the funding will be used for expansion beyond China and for driverless technology....
Gig, a car sharing app created by AAA, the emergency roadside assistance service, is live in California’s Bay Area as of Monday (May 1). According to a report in TechCrunch, Gig comes out of A3 Ventures, AAA’s venture capital unit with the car sharing service which takes...
Identity protection is not just a nice-to-have but a necessity for tech companies to have in today’s risky online climate. As such, it’s not too shocking that there is an advocacy group that exists with the sole purpose of challenging the tech industry on privacy...
The ridesharing arena is an industry within the sharing economy that’s not likely to go away anytime soon. With Uber’s various troubles over the past year, its competitors are coming out of the woodworks to seize the opportunity to expand and potentially take over the...
Tipping a taxi driver is a common occurrence in New York City. When ridesharing apps came along, some offered an in-app tip option, while others did not. The ridesharing app in question that doesn’t currently have a tipping option: Uber. As such, the Taxi and...
The ride-hailing giant Uber Technologies has given investors and observers a glimpse under the hood of sorts. Bloomberg News reports that the technology upstart has pointed to its top and bottom lines as evidence that revenue growth is overshadowing the red ink that is accumulating. And the...
Lincoln owners looking to feel like a VIP with a chauffeur to drive them around might soon be in luck: The car company is testing out a new service for customers that will supply a driver on demand to ferry you around in your own car....
Uber, the ride-hailing app, announced Tuesday (April 11) that it is getting into the patent-purchasing business, launching a patent purchase program dubbed UP3. In a blog post announcing the new venture, Uber said inventors have the opportunity to make submissions through May 23, 2017. Sellers...
Lyft, the ride-hailing startup, is close to raising higher than $500 million in funding, giving it a valuation of $7.5 billion, reported Fortune Magazine. Fortune, citing an unnamed source, reported Lyft has been working on a capital raise for some months now as it aims to...
