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ClearBook.com Takes On Used Car Pricing

socalTECH

Santa Monica-based TrueCar , the automotive pricing startup run by Scott Painter, is launching a new site today focused on used car pricing. The new site ClearBook.com , offers us a used car vehicle index, aggregating used car marketplace sales to provide pricing guidance for consumers and dealers. READ MORE>>.

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Report: Uber Artificially Pushes Pricing In San Diego

socalTECH

According to a report Wednesday from TheVerge, Uber has been keeping drivers off the road in San Diego--to force "surge" pricing on the ride service. Uber''s "surge" pricing is an algorithm-driven feature of Uber, which dramatically increases the cost of rides on its system when drivers are at a premium. READ MORE>>.

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Elon Musk's SolarCity Sets IPO Pricing Range

socalTECH

SolarCity said Tuesday in a filing with the SEC that it is estimating its initial IPO price per share at between $13.00 The filing gives a strong indication that the firm is looking to meet a reported deadline of the end of a year for a public offering, on the NASDAQ Global Market. and $15.00.

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eHarmony Approaches Redemption Deadline, Says Report

socalTECH

Los Angeles-based matchmaking site eHarmony is approaching a redemption deadline from its last venture funding round, according to a report today from Reuters. However, it is apparently a rare event in the venture capital business to run into a redemption rights deadline, according to the report. READ MORE>>.

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TrueCar Wins U.S. News and World Report

socalTECH

TrueCar , the auto pricing and automotive buying technology provider based in Santa Monica, said today that it has been selected by the U.S. News & World Report to provide used car pricing and valuation to the publisher. publishing usnews clearbook used pricing buying auto truecar' TrueCar said that U.S. READ MORE>>.

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Cash-Strapped Snap Sees Stock Price Slide Following Analyst Report

L.A. Business Journal

The stock price for Snap Inc. percent to $7 a share – after a report described the Santa Monica social media company as “quickly running out of money.” hit a new low — falling 6.4

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Report: Price For Faraday Future's FF91 Nearly $300,000

socalTECH

Los Angeles-based electric car maker Faraday Future rolled outs its first production vehicle, the FF91, at CES earlier this month, but had not announced pricing. However, a new report says that LeEco CEO Jia Yueting has said that the new FF91 will cost "less than $300,000"--a staggeringly high price tag for an electric vehicle.

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