uber

Ex-Uber CEO Launching Real Estate Startup

Ex-Uber CEO Launching Real Estate Startup

Former Uber Technologies Inc. Chief Executive Officer and Founder, Travis Kalanick announced via Twitter Inc. (NYSE: TWTR) that he will investing $150 million to take a stake in City Storage Systems. Once the transaction closes, Kalanick will become..

Uber and Lyft to Both Launch Medical Service Transportation

Uber and Lyft to Both Launch Medical Service Transportation

Uber Technologies Inc. announced last week on Thursday its introduction of Uber Health, a way to partner with healthcare organizations to provide reliable transportation for patients. Then, on Monday, Lyft teamed up with Allscripts Healthcare Soluti..

Softbank Backs Uber's Plan to go Public in 2019

Softbank Backs Uber's Plan to go Public in 2019

Uber Technologies Inc. has had a shaky past year, but CEO Dara Khosrowshahi made it a mission to turnaround the company through internal restructuring and potentially an initial public offering (IPO).CEO of Softbank Vision Fund, Rajeev Misra told CN..

Toyota Signs Amazon as Partner for Autonomous Delivery Vehicles

Toyota Signs Amazon as Partner for Autonomous Delivery Vehicles

Toyota Motor Corp (NYSE: TM) President Akio Toyoda unveiled plans for a new mobility service business alliance and e-Palette Concept Vehicle at the 2018 CES. Amazon.com, Inc.(NASDAQ: AMZN) has signed with Toyota as a partner for the new mobilit..

SoftBank to Purchase Uber Shares at 30% Discount

SoftBank to Purchase Uber Shares at 30% Discount

On Monday, SoftBank announced offers to buy Uber shares valuing at a 30% discount of $48 billion off of the most recent valuation of $68.5 billion. Back in October, SoftBank’s investment in Uber has lead the ride hailing company to limit some ..

Uber Adds Live Location Sharing

Uber Adds Live Location Sharing

Uber has announced new updates on their app designed to make the pickup process easier and faster just in time for the busy holiday travel season. Users can now do live location sharing allowing to temporarily share with the driver exactly where to ..

Spotify is Now Worth $16 Billion in Private Trades

Spotify is Now Worth $16 Billion in Private Trades

Private trades in Spotify are now worth about $16 billion in value which is about $3 billion higher than similar trades up until June. There has been an increasing demand for the company’s shares and increasing subscription numbers as well and..