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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..

Uber CEO Apologizes to London; Working on improvements

Uber CEO Apologizes to London; Working on improvements

Last Friday, Uber Technologies Inc. was stripped of its license to operate in the city of London due to the officials deeming the ride hailing service unsafe as well as practicing unregulated business activity. Uber said it would appeal the decision..

Uber Loses License to Operate in London

Uber Loses License to Operate in London

Uber Technologies Inc. has had a year full of lawsuits and scandals, and yet another incident emerges. On Friday, the city of London stripped Uber of its license to operate in London at the end of September.This decision will affect over 40,000 driv..

Alphabet Inc Considering  $1 Billion Investment in Lyft

Alphabet Inc Considering $1 Billion Investment in Lyft

Alphabet Inc (NASDAQ: GOOGL) is reportedly considering a major investment in Lyft Inc. According to Bloomberg, Google or CapitalG, Alphabet’s private-equity arm may invest plans to invest $1 billion in Lyft, which is Uber’s strongest com..