Tag: sharing economy
SAN FRANCISCO (Reuters) – Convoy, an app connecting truck drivers with loads of freight, has raised more than $60 million as startup investors double down on technology bets to transform the long-haul trucking industry. Convoy, a Seattle-based startup founded two years ago, is part of a growing field of companies using mobile apps and algorithms […]
News highlights for 24 July 2017 NASDAQ invests in AI to bolster compliance NEW YORK (Reuters) – Nasdaq Inc has agreed to acquire Sybenetix, a London-based startup that uses artificial intelligence to help compliance officers at asset management firms analyze the behavior of their traders in order to prevent market abuse. Read more… First movers […]
Whatever anyone says about Uber, it is a fascinating company. Based on an idea that, when it was founded, was completely radical, it has raised tens of billions of dollars in funding. It is just about beginning to make a profit, in some regions, and is making eye watering losses in others. Its success is also […]
SAN FRANCISCO (Reuters) – Airbnb is expected to double its nightly bookings this year, investors familiar with the company’s performance said, a sign that the home and room renting site’s battles with regulators have yet to dent its rapid global growth. The website is expected to have about 80 million nights booked this year, up […]
SAN FRANCISCO(Reuters) – Steve Gutmann used to have a basement that he never used. His Honda Civic sat idle in front of his Portland, Ore. house. Now strangers use Getaround.com to book Gutmann’s $6-an-hour car for errands and travelers stay in his newly refurbished basement apartment, listed at $115 a night on AirBnb. Gutmann and […]
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