Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! I’ve been thinking a bit about time — and specifically what trends, music, cultural practices, and even ways we move around that encapsulate a season or particular […]
From their experiences at Uber and PayPal, Palm founders want to make moving cash easier for big companies
At Uber, Gurjit Pannu remembers moving billions in cash across bank accounts globally, realizing almost immediately the importance of effective cash flow management. Christian Sobkowski, meanwhile, recalls his days working in financial services, most notably at PayPal, where helped expand the company’s business across Europe. It’s no wonder then, that the two decided to come […]
Uber drives deeper into South Korea to take on Kakao Mobility
After seeing double-digit growth in South Korea, Uber Technologies has announced a strategic plan to double down in the country — directly challenging market leader Kakao Mobility, the ride-hailing unit majority-owned South Korean messaging and tech giant Kakao. Uber chief executive officer Dara Khosrowshahi outlined the plans in a press conference in Seoul, where he […]
Uber cozies up to more AV companies, Canoo loses another founder and Waymo sees potential in teen riders
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! The EV industry sure is rough and tumble these days. And it’s affecting every company, from the legacy automakers like Ford to the upstarts. Take Polestar, for […]
Uber fined $324M over EU drivers data transfer breach
Ride-hailing platform Uber has been fined €290 million — around $ 324 million at current exchanges rates — by the Netherlands’ privacy watchdog for breaching the European Union’s General Data Protection Regulation (GDPR). The penalty is related to transfers of personal data of drivers out of the European Union to the US, where Uber’s main […]