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LYFT LONDON OPERATIONS
Physical security startup Coram AI raises $35 million co-led by Ansa Capital, Battery VenturesThe San Francisco-based company was cofounded by Ashesh Jain, formerly head of autonomy at Lyft's self-driving division, and Peter Ondruska...
Lyft, Baidu to start testing robotaxis in LondonChinese tech giant Baidu is set to test its self-driving cars in London soon. Partnering with Lyft, the company aims for commercial operati...
Lyft to buy Gett’s UK taxi business, marking its third international acquisitionLyft is expanding its global reach by acquiring the UK business of London black cab app Gett. This move significantly boosts Lyft's driver ...
AI self-driving startup Wayve worth $8.6 billion after fresh fundingWayve, a British startup specialised in artificial intelligence for self-driving vehicles, revealed Wednesday a valuation of $8.6 billion t...
Robotaxis are coming to London. The city's famed black cab drivers are skepticalThe autonomous vehicle from British startup Wayve Technologies is on a test run ahead of the U.K. government's robotaxi trials set to launc...
Uber, Lyft to test Baidu robotaxis in UK from next yearIt highlights how ride-hailing platforms are accelerating autonomous rollout through partnerships, positioning London as an early proving g...
'Western tech dominance fading' at Lisbon's Web SummitLisbon’s Web Summit gathers over 70,000 attendees to discuss AI, robotics, and startups amid global tech tensions. Speakers highlighted shi...
Amazon says AWS cloud service is back to normal after outage disrupts businesses worldwideA global AWS outage disrupted thousands of websites and apps, including major platforms like Snapchat and Reddit, due to issues with its US...
2022 Year in Review | Tech firms embrace layoffs as recession fears buildAfter two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...
Beware! Unicorns have a habit of failing in public markets. Here’s whyZomato, which is valued at $9 billion, is generating revenues of close to Rs 2,000 crore, but incurring losses to the tune of Rs 816 crore....
Uber agrees world-first union deal for UK drivers"When tech private hire companies and unions work together like this, everyone benefits -- bringing dignified, secure employment back to th...
Lyft sells self-driving tech unit to Toyota for $550 millionThe acquisition of Level 5 automation will provide Toyota access to the U.S. ride-hailing firm's more than 300 employees of the essentially...
Uber reports 3,000 sexual assault claims last year in its safety reviewCounting assaults is a complicated exercise. Only about a third of claims the company received about penetration without consent were repor...
Uber’s London ban marks global backlash for ride-hailing giantsFor Uber, the loss of its license in London puts one of its biggest markets outside of the U.S at risk. The regulator found unlicensed user...
Uber's long road to an IPO is ending at a less-than-ideal momentUber’s offering is set to be among the 10 largest US IPOs of all time and the biggest on a U.S. exchange since Alibaba Group Holding Ltd.’s...
Uber to kick off investor road show with IPO terms on FridayPayPal's investment and collaboration are contingent upon Uber completing its IPO.
Gujarat government plans to cap Uber, Ola fleet at 20,000“The aggregator shall not attach more than 20,000 vehicles under one licence and only one licence shall be issued to a company or an aggreg...
Ola met London transport regulator last year as Uber's rivals muscle in to lure passengersEU’s top court in December ruled Uber must be regulated as a transportation service, a blow to the company’s attempts to avoid taxi rules.
Why Apple, Citigroup and Twitter will be tracking this arrest in Saudi ArabiaPrince Alwaleed is among the 11 princes and dozens of other senior officials arrested on orders from a anti-corruption committee headed by ...
How electric cars can create the biggest disruption since iPhoneThe rise of Tesla and its rivals could be turbo charged by complementary services from Uber Technologies and Alphabet Inc’s Waymo unit, jus...