Uber

New York City and New Jersey residents who are already exasperated by periodic increases in MTA subway fares are going to lack even more options for cheap public transit. Out of the blue on Thursday, Citi Bike suddenly announced its bike share program was raising prices across the board, impacting annual paying members and non-members alike.Let’s Eat a Chocolate Xbox ControllerCiti Bike riders received emails alerting them to the cost increases, impacting Citi Bike and Lyft Pink subscribers, daily riders, and Reduced Fare…

Over the past 12-15 months, several new ride-hailing apps have mushroomed in India in segments such as cabs, autorickshaw and bike taxis. The emergence of these apps and tackling the competition have become a matter of routine management discussions within incumbent operators Uber and Ola, said people in the know.New apps such as InDrive, Namma Yatri, Yaary, BluSmart and Rapido (in the cabs segment) are primarily looking to address gaps left by the larger players in terms of customer service and driver-partner…

Bengaluru, India – In a surprising move that reflects the entrepreneurial spirit of the city, a Bengaluru cab driver, identified only as “Mr. Lokesh” has entered the competitive ride-hailing market by launching his own app, “Nano Travels.” The announcement was made through a tweet by a user who personally experienced Lokesh’s service. According to the tweet, “Nano Travels” already boasts an impressive fleet of over 600 drivers, a notable feat given the dominance of industry giants Uber and Ola in…

Anthropic is reportedly in talks to raise $750 million from Menlo Ventures, which values the startup at $15 billion, according to The Information. Like OpenAI, Anthropic also has a complicated board structure with misaligned values, and this recent influx of cash begs the question: is Anthropic bound to be the next AI board showdown?Why is Everyone Suing AI Companies? | Future TechMenlo Venture’s funding, which is yet to be finalized, would add to Google and Amazon’s $6 billion dollar investment in Dario Amodei’s…

Uber Technologies will raise the minimum wage it pays drivers in France as part of a wider agreement between ride-hailing companies and driver representatives in the country, the company said on Wednesday.Drivers will earn a minimum income 9 euros ($9.85) per trip, up from 7.65 euros they were earning previously, and will have a guaranteed income of 30 euros per hour and 1 euro per kilometer. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern UniversityKellogg Post Graduate…

A significant victory for Estonian ride-hailing and food delivery startup Bolt against Britain's tax authority last week could prove to be positive news for its rival Uber.Bolt took on HM Revenue and Customs (HMRC) over whether it was liable to pay a 20% tax charge on its gross income from customers or its margin.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIIT DelhiIITD Certificate Programme in Data Science & Machine…

Food delivery in crowded cities – or really any type of delivery – tends to work better on two wheels. Smaller vehicles just slip through densely packed streets more easily. Electric bikes and e-scooters have become the dominant form of food delivery in many cities and countries worldwide. Now, a new partnership between Uber Eats and Gogoro is helping make those deliveries even quicker and easier. Gogoro is a leading provider of smart electric scooters and a swappable battery architecture that…

As a part of its push towards boosting the average transaction size on its platform, ride-hailing company Uber is increasing efforts in India for new mobility verticals such as intercity rides, hourly rentals and reserved bookings, some of which have seen more than 40% year-on-year growth over the past 12 months.The company has expanded the intercity service to around 100 cities and is adding new features to the offering that increases the average ticket size on the platform. In the last two months, it has allowed users…

Photo: Uber Freight/Greenlane Uber Freight and Greenlane are joining forces to smartly deploy heavy-duty charging stations to power America’s growing electric truck fleet. The two companies are aiming to lift a barrier to the adoption of heavy-duty EVs: the lack of a robust, public electric charging network. The partnership will tap into Uber Freight’s logistics insights that include an $18 billion Freight Under Management, and Greenlane’s expertise in electric commercial truck…

Tesla is partnering with Uber to offer its electric cars directly to drivers with discounts up to $3,000. Uber has been increasingly investing in electrifying the vehicles that its drivers use. In 2020, Hertz announced an important effort to electrify its fleet of rental cars, led by a massive purchase of 100,000 Tesla Model 3 vehicles to be delivered over the next year. Shortly after, Hertz announced that on top of adding Tesla vehicles to its rental fleet, the company also made a deal with…