The MobileEye IPO: The Future of the Automotive Industry
Jul31

The MobileEye IPO: The Future of the Automotive Industry

Today, a very intriguing company began offering its shares on the market in a highly anticipated Initial Public Offering (IPO). The company has decided to sell 35.6 million shares for $21-$23 dollars each, raising up to $818.5 million before potentially selling additional shares to the underwriters. Tomorrow, these shares will be available on the New York Stock Exchange with Goldman Sachs Group Inc ($GS) and Morgan Stanley ($MS)...

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Startup Company, Cruise, is Designing a Way for Cars to Become Self-Driving
Jun23

Startup Company, Cruise, is Designing a Way for Cars to Become Self-Driving

Cruise, a startup company founded by Kyle Vogt, co-founder of Justin.tv, Socialcam and Twitch, has developed a technology that allows cars to become self-driving “robots”. Unlike Google’s approach, Cruise has built a system that can mount to existing vehicles for use on highways and leisure driving. The technology actually resembles a more advanced cruise control rather than a self-driving car. Nonetheless, the...

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Recent Protests Against Uber Actually Benefit The Company
Jun11

Recent Protests Against Uber Actually Benefit The Company

As of today, more than 30,000 taxi drivers across Europe are protesting the popular car-sharing service. From the cities of London to Madrid and Berlin to Paris, thousands of taxi and limo drivers gather to strike and protest against Uber claiming that the smartphone application “threatens their livelihood”. Reasoning Behind the Anger European drivers are angry that they are losing their jobs to drivers who don’t...

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Social Capital: The Secret Behind Airbnb and Uber
Jun04

Social Capital: The Secret Behind Airbnb and Uber

When I was thirty and single and living in New York City, I had a dream: to return one day with my husband and push our baby in a stroller through Central Park. A few weeks ago, albeit more than a decade later, my dream came true. But we didn’t stay in a hotel and travel by yellow cab, instead we used Airbnb to book a guy’s condo on the Upper East Side and we travelled by Uber to the airport. Ironically, although I have been on an...

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Everything You Need to Know About Google’s Self Driving Cars
May29

Everything You Need to Know About Google’s Self Driving Cars

Earlier this week, Google unveiled prototypes of one of their most anticipated projects, the self-driving car. The project is expected to be completed in 2020, but for now, here’s everything we know about Google’s self driving cars. What does it look like? The car is designed to look as innocuous as possible – just because the thought of a “self-driving car” can seem ominous to traffic and safety...

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Uber: Now Valued at $17 Billion
May28

Uber: Now Valued at $17 Billion

Uber has been in the spotlight lately for many different reasons. In January, they were accused of sabotaging competitors. In March, they were involved in a protracted battle against the city of Seattle. Despite these rather negative developments, there is a silver lining for Uber. Uber's Latest Funding A little over a year ago, Uber was rumored to have obtained a $1 billion valuation, despite CEO and co-founder Travis Kalanick...

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