China’s Didi Chuxing is raising up to $6 billion at a valuation of over $50 billion

 Didi Chuxing, the on-demand giant that drove Uber out of China, is set to become the world’s second-highest valued tech startup. Beijing-based Didi is in the process of raising a round that could reach as high as $6 billion at a valuation that would exceed $50 billion, a source with knowledge of discussions told TechCrunch. That’s not far from Uber itself, which is said to… Read More

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Crunch Report | Instagram Grows To 700M Users

Crunch Report April 26 Today’s Stories 

Instagram’s growth speeds up as it hits 700 million users
Twitter desperately needed a hit first-quarter and somehow managed to deliver
Amazon’s new Echo Look has a built-in camera for style selfies
Uber is making it easier to see your rider rating
Investor Chris Sacca is retiring from venture capital

Credits
Written and Hosted by: Anthony Ha
Filmed… Read More

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ChargePoint is ready for flying EVs

ChargePoint and Uber Elevate Yesterday I wrote about a poll conducted by researchers at the University of Michigan that found people were interested in flying cars if they were autonomous, shared, and electric. As soon as I posted that, I found an email in my inbox saying that ChargePoint and Uber Elevate, among others at the recent conference on flying vehicles, had partnered to prepare for just that exact… Read More

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A Waymo filing leaks lidar tech details in Uber lawsuit

 “On the advice and direction of my counsel, I respectfully decline to answer. And I assert the rights guaranteed to me under the Fifth Amendment to the Constitution of the United States,” Levandowski said. And then he said it again. And again.
Levandowski, who describes himself as a pioneer in the field of self-driving vehicle technology, had never been deposed before. But his… Read More

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Uber seeks information from Larry Page in Waymo court case

 Uber is looking to get Google co-founder and Alphabet CEO Larry Page to provide a deposition in the ongoing court case between itself and Waymo. The company made the request in court today during a discovery hearing before Judge Jacqueline Scott Corley, and Waymo opposed the request. Read More

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Uber must turn over information about its acquisition of Otto to Waymo, court rules

 Anthony Levandowski, the engineer at the center of the legal battle between Google and Uber over driverless car technology, has suffered a setback. Levandowski has broadly invoked his Fifth Amendment rights against self-incrimination in the case, refusing to answer questions about whether or not he downloaded confidential files from Google before quitting his job at the company to join… Read More

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