Data Sheet—Sunday, August 21, 2016

By August 21, 2016Bitcoin Business

Everyone’s Talking About Otto . Until this week, most people hadn’t heard of Otto, but now the 91-person startup is Uber’s secret weapon in the self-driving car race. Why? Because CEO Anthony Landrowsky was one of the co-founders of Google’s self-driving car project and assembled an all-star team of experts in its short months of existence before Uber paid a reported $680 million for it. ( Fortune ) Unicorn Watch Inside Uber’s plans to win the self-driving car race . The ride-hailing giant revealed how it plans to get a self-driving car pilot program on the roads of Pittsburgh later this month. ( Bloomberg ) No buyers for Lyft . The San Francisco company has reportedly been shopping itself around, but no one so far has shown interest, likely because of its $9 billion asking price. ( New York Times ) ( Recode ) $100 million won’t be enough to settle Uber’s big lawsuit . A San Francisco federal judge has denied approval for the proposed settlement of a pair of driver lawsuits against the company. ( Reuters ) Pinterest goes video . The online service finally introduces video ads two years after it first started to roll out advertising. ( Fortune ) Dropbox ponders a 2017 IPO . The file-storage and sharing company is reportedly consulting advisors about possible plans to go public in 2017. ( Bloomberg ) The Week In Startups Fixing Smartphones ‘On Demand’ May Be Better Business Than Delivering Burritos ( Fortune ) Meet WM Motor, the Lastest Chinese Electric Car Startup ( Fortune ) Google’s International Startup Program Gets a Home in San Francisco ( Fortune ) EventBoard Combats Zombie Meetings ( Fortune ) Hampton Creek’s Mayo Buybacks Prompt Inquiry by the SEC ( Bloomberg ) Why Amazon Is Teaming Up With Product Hunt […]

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