“We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car vehicle sector,” says Richard Zhang, CFO of Full Truck Alliance.
Starbucks Delivery via Uber Eats Goes National After Seeing Higher Average Sales
Based on a successful delivery trial in China via Alibaba and Uber Eats in Miami, Starbucks has announced that they are adding delivery nationwide.
Lance Armstrong Invested Early in Uber and May Now be a Billionaire
Lance Armstrong says that he was one of the original Uber investors staking them $100,000 at a valuation of just $3.7 million. There are reports that Uber’s projected IPO will value the company at $120 billion. Armstrong wouldn’t say what percent of Uber he still owns but it is conceivable that his stake could be worth $1 billion or more today.
Salesforce co-CEO: Who’s Not Going Through a Customer Transformation?
Salesforce is booming and the reason is that virtually every company in the world is going through a huge digital transformation, according to Salesforce co-CEO Marc Benioff. “The reason why is every company that we’re dealing with is going through a huge digital transformation and every digital transformation begins and ends with the customer,” says Benioff.
Uber is Planning to Start an On-Demand Staffing Agency for Businesses
Uber is preparing to launch a new on-demand staffing business ahead of its first initial public offering. Called Uber Works, the new business could show prospective investors that the company can be a strong and lucrative platform for on-demand services.…
Waymo Streamlines Case Against Uber by Dropping 3 Patent Claims
The battle between Waymo’s Alphabet and Uber is far from over, despite the former dropping three out of their four patent claims. In their defense, Waymo is saying that they are dropping the claims because it has been agreed upon…
Progressive Tech Companies Want Trump to Protect Sharing Economy From Dem Attacks
Michael Beckerman, President & CEO at Internet Association which represents big internet focused tech companies such as Google, Amazon, Facebook, Uber, Netflix, Twitter, Lyft, PayPal, Salesforce, Rackspace and many more, sent a congratulations letter to the Trump transition team today.…
How Grab Scales to Huge Demand While Staying Stable
Grab, a Singapore based Uber type service, is so popular that if their IT infrastructure didn’t remain stable during peak usage transportation would literally ground to a halt. Grab is the leading ride sharing service in Singapore, Malaysia, Indonesia, Thailand,…
Uber Hits 2 Billion Rides Milestone
Uber reached the 2 billion ride milestone on June 18, just 6 months after hitting 1 billion according to Uber CEO Travis Kalanick. “It took five years to reach our billionth trip, six months to reach the next billion ……
Fortunately, Uber Didn’t Kill Surge Pricing… It Simply Took the Math Out of it!
Uber announced today that they are in the process of rolling out a change to their surge pricing concept, going to a fixed upfront price instead. It doesn’t actually change the price to the rider, but it doesn’t require a…