Tag: Uber
Despite commitment to anti-racism, Uber’s Black employee base has decreased
Uber today released its latest diversity report, showing a decline in the overall representation of Black employees in the U.S. despite an increased focus on racial justice this year in the wake of the police killing of George Floyd. In 2019, Uber was 9.3% Black while this year, only 7.5%…
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Greece’s Marathon Venture Capital completes first close for Fund II, reaching $47M
Marathon Venture Capital in Athens, Greece has completed the first closing of its second fund, reaching the €40m / $47M mark. Backing the new fund is the European Investment Fund, HDBI, as well as corporates, family offices and HNWIs around the world (plus many Greek founders). It plans to invest…
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Uber’s expanded rewards program offers Apple Music and HBO Max perks
Uber’s rewards program is becoming much more flexible than it was back in 2018. The ride- and food-ordering company has overhauled the program to not only let you redeem more often, but choose from a larger pool of options. To start, you no longer ha… Source
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Uber is reportedly in talks to sell its self-driving unit
After years of development and some shocking incidents, the next step for Uber’s self-driving unit could be a sale. As first reported by TechCrunch and later Reuters, anonymous sources say Uber is in talks with self-driving tech startup Aurora about… Source
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Uber in talks to sell ATG self-driving unit to Aurora
Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and Softbank’s Vision Fund. Now, it’s up for sale and a competing autonomous vehicle technology startup is in talks with Uber to buy it, according to…
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Fintech VC keeps getting later, larger and more expensive
The venture capital market appears to be getting later, larger and more expensive. As a result, fintech — one of its hottest and most-funded sectors — is evolving in a similar manner. For late-stage fintech companies, it’s great news. But for smaller players, is the shift toward bigger, more mature…
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