Tag: Uber
Investors Clara Brenner, Quin Garcia and Rachel Holt are coming to TC Sessions: Mobility 2021
The transportation industry is abuzz with upstarts, legacy automakers, suppliers and tech companies working on automated vehicle technology, digital platforms, electrification and robotics. Then there are shared mobility companies from cars to scooters and mopeds to ebikes. And who can forget the emerging air taxi companies? At the center of…
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Dutch court rejects Uber drivers’ ‘robo-firing’ charge but tells Ola to explain algo-deductions
Uber has had a good result against litigation in the Netherlands, where its European business is headquartered, that had alleged it uses algorithms to terminate drivers — but which the court has rejected. The ride-hailing giant has also been largely successful in fending off wide-ranging requests for data from drivers…
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Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform
Eco, which has built out a digital global cryptocurrency platform, announced Friday that it has raised $26 million in a funding round led by a16z Crypto. Founded in 2018, the SF-based startup’s platform is designed to be used as a payment tool around the world for daily-use transactions. The company…
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Uber spins out Postmates’ robot delivery division into a separate company
Uber is spinning off Postmates' autonomous delivery division into a separate startup called Serve Robotics. The company inherited the unit when it acquired Postmates last year for $2.65 billion. According to Bloomberg, Uber will invest approximat… Source
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Europe kicks off bid to find a route to ‘better’ gig work
The European Union has kicked off the first stage of a consultation process involving gig platforms and workers. Regional lawmakers have said they want to improve working conditions for people who provide labor via platforms which EU digital policy chief, Margrethe Vestager, accepted in a speech today can be “poor”…
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Daily Crunch: Uber loses UK legal challenge
Uber loses a legal battle over driver classification, we survey mobility investors and new data suggests a COVID-19 vaccine should be easier to transport. This is your Daily Crunch for February 19, 2021. The big story: Uber loses UK legal challenge The United Kingdom’s Supreme Court has reaffirmed earlier rulings…
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