Uber Finds Support in British PM Theresa May in London License Fiasco

British PM Theresa May defends Uber Uber has found unexpected support in the ongoing row of London license, which the Transport for London (TFC) refused to renew last week. The support has come from none other than British Prime Minister Theresa May, whose support will certainly come as a shot in the arm for Uber Inc. Speaking…

ByGirish ShettiSeptember 29, 20170Comments

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Waymo want Uber to Pay Whopping $2.6 billion for Single Trade Theft

Waymo seeks $2.6 billion from Uber for trade theft Waymo, self-driving car unit of Alphabet Inc (parent company of Google) wants $2.6 billion as financial compensation from Uber for allegedly stealing a trade secret, which Google claims is one of the several trade secrets that the cab hailing company has stolen. The compensation figure for the…

ByGirish ShettiSeptember 21, 20170Comments

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Google’s Parent Firm Alphabet Planning Investment in Uber Rival Lyft: Report

Alphabet INC is reportedly planning to invest in Lyft. Alphabet INC, the parent company of search engine giant Google, is reportedly in talks to invest in cab hailing company Lyft - the arch-rival of Uber. Although not clear how much Alphabet is looking to invest, but sources claim that the investment could be anywhere near $1…

ByGirish ShettiSeptember 15, 20170Comments

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New York-based hedge fund Pumps in $36 million in Ola

India’s homegrown cab hailing company Ola (operated by ANI Technologies Pvt. Ltd) has scooped up $36 million (Rs 231 crore) in the fresh round of funding. This is according to Ola’s latest filing with the registrar of companies. According to the filing, ANI Technologies raised the fund from the New York based hedge fund company…

ByGirish ShettiAugust 11, 20170Comments

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