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Ford’s Autonomic Pairs With Alibaba Cloud On Mobility Hub for China

Xconomy

Ford—one of the automakers competing in China’s huge car market—is now making a bid to provide China’s leading software infrastructure hub dedicated to streamlining transportation by connecting cars and riders with mobility services. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Initiative to Boost SoCal’s Startup Scene Teams With GV Founder

Xconomy

A Silicon Valley entrepreneur has set out to boost the startup ecosystem in San Diego and the rest of Southern California—and he already has scored a coup by partnering with Bill Maris, the founder and former CEO of Google Ventures, now known as GV. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Autonomic CEO Gavin Sherry on Mobility, China, and Data Privacy

Xconomy

In a tech culture that looks toward self-driving cars as the pinnacle of mobility innovation, we’re still debating whether fully autonomous vehicles are an imminent reality for our roads or an ever-receding Shangri-La.

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Lyft Raises $2.2B in IPO, Pegging Valuation at Over $24B

Xconomy

Investors eager to bet on the mobility industry’s future handed ride-hailing company Lyft $2.2 billion in new capital Thursday as the company completed an IPO that set its market capitalization at $24.3 billion, The New York Times reported. Lyft sold 30.8

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Best Reads for Casual Friday: Big Tech Businesses Gets Political

Xconomy

Time to curl up in your cubicle, pop open one of these in-depth, entertaining reads, and catch up on some of what you missed during a busy week. You’ve made it to Friday. This week we’re taking a look at all the political stories that are coming out of the tech world.

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Will Porsche Fans Ever Live in a Driverless World? Porsche Says No.

Xconomy

Imagine the transportation future 20 years from now. Here’s one way things could roll on a weekday: Many of us get picked up at home by a sturdy, standardized, driverless car that will also scoop up a few of our neighbors who work at other businesses near ours.

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After 33 Exits in 5 Years, WI Seeks “More and Bigger” Startup Deals

Xconomy

When Propeller Health’s founders initially tried to raise funding for their new healthcare technology venture, many of the investors they spoke with were hesitant to take the risk. It was the early part of this decade, and Propeller was navigating the FDA’s regulatory process for medical devices.

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