car sharing
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Former Uber engineer says company ignored repeated reports of sexual harassment
Former Uber site reliability engineer Susan Fowler accused the company of rampant sexual harassment and human resources negligence in a blog post published today. It’s the latest in a series of events that point to serious questions about Uber’s company culture. Ford invests $1 billion in Pittsburgh-based Argo AI to build self-driving cars by 2021
Ford has invested $1 billion in a joint venture with Argo AI, a Pittsburgh-based company with ties to Carnegie Mellon. The goal is to completely outfit Ford vehicles with self-driving technology. Interestingly this isn’t a case of a large company simply hiring talent but the creation of an entirely separate company with an independent equity structure.
Ford is the “majority… Read More
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Hyundai partners with WaiveCar for free, ad-supported EV car sharing
Every automaker seems to be partnering up for car sharing, and Hyundai is no exception. The carmaker is teaming up with WaiveCar, a startup offering ad-supported car sharing with a pilot program currently operating in Santa Monica. The team-up will see Hyundai’s first EV, the IONIQ, incorporated into WaiveCar’s fleet, beginning in LA. Hyundai is offering the IONIQ to WaiveCar users… Read More
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Car sharing leads to reduced car ownership and emissions in cities, study finds
Cars are one of the top contributors to greenhouse gas emissions globally, and cars in cities can be especially heavy with their contributions, owing to traffic and population density. And while encouraging everyone to bike or use public transit probably isn’t going to convince everyone to ditch car ownership, car sharing services seem to be winning more city denizens over, and a new… Read More
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Uber for 911 transport is a horrible idea
The Washington D.C. Fire and EMS Department is considering a plan to use Uber to transport low priority 911 callers, according to NBC Washington. It’s a horrible idea.
Washington’s plan is to hire a team of nurses who could evaluate a caller’s condition over the phone and direct them to an Uber if they are deemed stable. Already this is odd given that the purpose of an… Read More
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New reports confirm $1.15B leveraged loan raised by Uber at 5%
Two weeks ago, we reported that Uber was in talks to raise $1-2 billion in leveraged loans. The Wall Street Journal is circulating new information that the company has closed a $1.15 billion leveraged loan, with a 5 percent yield. This number comes in on the low side of our previous estimates. Last month, sources confirmed to TechCrunch that Uber had plans to raise $1-2 billion in… Read More
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Lyft’s latest launch is luxury
Over the coming months, we are going to be seeing a lot more pink mustaches on Audi, BMW, and Mercedes vehicles. Today, Lyft is launching Lyft Premier. Users will be able to catch rides in luxury sedans and SUVs. Highly rated drivers with access to high-end vehicles can service rides. The cost premium for Premier rides will earn drivers additional money. Lyft will also be able to take… Read More
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Skedaddle Is Using On-Demand Charter Busses To Fix Long-Distance Travel
While Uber and Lyft now have a glorified monopoly on intracity transportation, there is still a need for a safe, reliable transportation option that can disrupt longer distance trip providers like Greyhound and Amtrak. That’s where Skedaddle comes in. While only founded a few months ago, the NY-based startup has already moved over 45,000 people between major cities by letting users… Read More
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Uber To Allow Some People With Nonviolent Convictions To Become Drivers
Uber is going to ease up on some of its driver-screening requirements in California in order to make room for people convicted of nonviolent crimes, The Wall Street Journal reported earlier today. Under Proposition 47, a California ballot measure that passed in 2014, people with low-level, nonviolent felonies for things like theft, check fraud and possession of drugs can apply to remove… Read More
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Uber Lowers Fares In Over 100 Cities
Uber is lowering prices in over 100 U.S. and Canadian cities, effective tomorrow. January is a slower month for the car service and the company says it is reducing fares in order to increase demand. “Seasonality affects every business, and Uber is no exception,” said the company blog post. Uber claims that the increased demand will offset the lower prices and that drivers will… Read More
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