On-demand parking startup SpotHero raises $50 million

SpotHero, the Chicago-based company that has developed an on-demand parking app, has raised $50 million in a Series D round led Macquarie Capital. Union Grove Venture Partners participated in the round, along with existing investors including Insight Venture Partners, Global Founders Capital, OCA Ventures, AutoTech Ventures and others, according to the company. SpotHero has raised […]

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Apple, Microsoft and Google to test new standard for patient access to digital health data

A newly released data model and draft implementation guide for providing digital access to historical health insurance claims data directly to patients could mean you have better access to this info from the devices you use everyday. Called the CARIN Blue Button API, it’s a new model developed by private sector partners including consumer organizations, […]

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How parking app SpotHero is preparing for an era of driverless cars

On-demand parking app SpotHero wants to be ready for the day when autonomous vehicles are ubiquitous. Its strategy: target the human-driven car-sharing fleets today. The Chicago-based company, which has operations in San Francisco, New York, Washington, D.C. and Seattle, has launched a new service dubbed SpotHero for Fleets that targets shared mobility and on-demand services. […]

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Another state is looking at propelling people through tubes at 670 mph

Another state — this time North Carolina — has been enticed by the idea of hyperloop, the futuristic and still theoretical transit platform that will shuttle people and packages at speeds of up to 670 miles per hour between cities. Virgin Hyperloop One and North Carolina’s Regional Transportation Alliance announced Friday the beginning of “an […]

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Argo AI is taking its new generation of self-driving vehicles into downtown Detroit

Argo AI, the Pittsburgh-based autonomous vehicle startup that Ford invested $1 billion in 2017, has expanded its testing to downtown Detroit with a new third-generation self-driving car. Argo AI is developing the virtual driver system and high-definition maps designed for Ford’s self-driving vehicles. The third-generation self-driving vehicle is still based on a Ford Fusion Hybrid […]

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Traffic on Memorial Day: Here’s what 37.6 million road trippers can expect

How, and if, people travel on Memorial Day weekend can provide a fleeting glimpse at the state of the U.S. economy, or at least provide insight into consumer confidence. The upshot this year: a near record-setting travel despite a rising national gas price. Nearly 43 million Americans were expected to travel in cars, trains and […]

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Elon Musk’s Boring Company lands $48.7M contract for underground “people mover” in Las Vegas

The Boring Company, Elon Musk’s tunneling and transportation startup, has landed a $48.7 million project to shuttle people in an underground Loop system around the Las Vegas Convention Center. This is the company’s first commercial contract. The initial design for the project, dubbed Campus Wide People Mover or CWPM, will focus on the Las Vegas […]

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Elon Musk’s Boring Company lands $48.7M contract for underground “people mover” in Las Vegas

The Boring Company, Elon Musk’s tunneling and transportation startup, has landed a $48.7 million project to shuttle people in an underground Loop system around the Las Vegas Convention Center. This is the company’s first commercial contract. The initial design for the project, dubbed Campus Wide People Mover or CWPM, will focus on the Las Vegas […]

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Review of Elon Musk’s DC-to-Baltimore ‘Loop’ system reveals safety concerns

The Boring Company’s Loop transit system that aims to shuttle people in autonomous electric vehicles between Baltimore and Washington, D.C. fails to meet several key national safety standards, a review of its proposal reveals. The underground system appears to lack sufficient emergency exits, ignore the latest engineering practices and proposes passenger escape ladders that one […]

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