Tag: Transportation

Tech

Future Mobility raises $200 million for electric car development

(Reuters) — Chinese electric-car venture Future Mobility Corp, co-founded by former BMW and Nissan Motor executives, has raised $200 million from investors including China’s Suning and Fullshare Holdings in its latest round of financing. Most of the money will be used for product development, said Daniel Kirchert, Future Mobility’s president. He has previously worked at…

Gadgets

Ofo comes to the US, joining the bike-share fray in Seattle

 Seattle seems like an unlikely venue for a duel between bike-sharing companies: it’s rainy, hilly, its residents can’t drive and another bike-share program recently went belly-up publicly and ignominiously. But Ofo, one of several Chinese giants in the space, is the third company to launch in the city in a month. It’s the company’s first…

Mobile

DoorDash trials food delivery via Marble’s autonomous robots

DoorDash is doubling down on its efforts to embrace robots and enhance its on-demand food delivery service. The San Francisco-based company is partnering with robotics startup Marble for a pilot program that will kick off initially in the San Francisco Bay Area. Marble began life in San Francisco in 2015, but only emerged out of…

Tech

Fiat Chrysler joins Intel and BMW to develop self-driving cars

Fiat Chrysler Automobiles  (FCA) is teaming up with BMW Group, Intel , and Mobileye to develop autonomous cars. The move brings a huge carmaker into Intel’s camp in the race to make self-driving cars, which could spawn a giant economy in the coming decades. Intel acquired Mobileye for $15.3 billion to boost its competence in…

Start Ups

Uber’s head of developer product leaves citing Kalanick’s ouster

 Without the heavyweight backing for the platform from former CEO Travis Kalanick, Uber’s head of developer product Chris Saad is leaving the company. It’s unclear where the platform will rank in Uber’s revised priorities as it tries to right the ship, and so he tells me he is moving on to a company where working…

Tech

FTC: Uber ‘failed consumers’ and faces 20 years of privacy audits

Uber settled FTC allegations that it failed to protect users and driver data from access by company employees and outside hackers, despite its pledges to do so. As part of the settlement, Uber will face 20 years of privacy audits, the FTC said. The FTC’s complaint stems from two November 2014 Buzzfeed stories, one that…

Tech

Uber debuts new Uber for Business with custom travel programs and rules

 Uber is introducing a major revamp of their Uber for Business platform today, the first significant update they’ve done since the enterprise tool’s introduction. The new Uber for Business incorporates a lot of user feedback to provide easy setting of rules to ensure travel policy is followed, as well as group-based access levels and custom…

Tech

You can now pay for public transport in China's capital with Android phones

If you’ve got a newish Android model in Beijing, good news — you can most likely pay for your train and bus rides with a wave of your phone. The Chinese capital has beat out many other world cities by unlocking NFC payments for public transport.  SEE ALSO: Grownups will love riding this all-electric smart…

Tech

The fight between Uber and the Philippines is on

Uber is fighting back against the Philippines. Despite being slapped with a one-month suspension by the Philippines’ land transport authority, Uber announced on Tuesday that it would be “resuming and continuing operations.” SEE ALSO: It’s more bad news for Uber this month The Land Transportation Franchising and Regulatory Board (LTFRB) announced Uber’s month-long suspension, after…

Security

DJI beefs up drone security after U.S. Army ban

(Reuters) — Chinese drone maker SZ DJI Technology Co Ltd is tightening data security on its drones after the U.S. Army ordered its members to stop using DJI drones because of “cyber vulnerabilities,” a company official told Reuters on Monday. The privately held Shenzhen-based company is speeding deployment of a system that allows users to…