Narrative: Tech Disrupts Transportation

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    Narrative: Tech Disrupts Transportation (Jan 28, 2017)

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    Weekly Narrative Video – Tech Disrupts Transportation (Apr 29, 2017)

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    Apple Asks California DMV to Tweak Reporting Requirements for Autonomous Driving (Apr 28, 2017)

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    Didi Raises $5.5 Billion to Help Fund International Expansion (Apr 28, 2017)

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    Uber Self-Driving Exec Levandowski Removed from Autonomy Role During Lawsuit (Apr 28, 2017)

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    Lyft’s Rapid Growth Continues in Q1, While Losses Narrow (Apr 27, 2017)

    Following Bloomberg’s exclusive on Uber’s financials for the end of last year, which were provided officially, it now has leaked numbers for Lyft for Q1. Those numbers, like Uber’s, show very strong growth, though the implication that this has come as a result of Uber’s troubles isn’t supported by other recent data. What’s really happening is that the whole space is growing extremely rapidly and these two companies are capturing the vast majority of that growth in the US. The big difference between the two is that Lyft’s numbers show smaller losses in dollar terms, while Uber’s showed growing dollar losses. Lyft’s recent aggressive expansion is probably going to slow its progress towards profitability somewhat, but that goal continues to look quite a bit closer for Lyft than for Uber.

    via Bloomberg

    SiriusXM Buys Car Dongle Company Automatic for $100m (Apr 27, 2017)

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    Gett Acquires Fellow Ride-Sharing Company Juno for $200m (Apr 26, 2017)

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    Uber Announces Partnerships And Timelines for Testing “Flying Cars” (Apr 25, 2017)

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    Alphabet’s Waymo Starts Testing Autonomous Cars with Passengers in Phoenix (Apr 25, 2017)

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