U.S.-Israeli mobility technology company Optibus raises $40 million in private funding round

The funding round saw the Alibaba Group making an undisclosed strategic investment in the startup. Optibus, a U.S.-Israeli mobility technology company stated, it has secured $40 million in a private funding round that was led by Insight Venture Partners and which saw a strategic investment from the Alibaba Group. Its existing investors, including Sir Ronald…

Uber plans on integrating bus and Tube timetables in its app

The strategic move places Uber in direct competition with venture-capital backed startup Citymapper. On Tuesday, as per a report from the Financial Times which cites source familiar with the matter at hand, Uber Technologies Inc plans on integrating the bus and Tube timetables of Transport for London. The development will place Uber in direct competition…

With Reserve Google can potentially stand out from the crowd

With Reserve Google is capitalizing on consumer’s preference for convenience: by integrating voice calls, with search engine results and using this data to complete actions on behalf of the user could potentially catapult Google into the next generation services company. In a significant development that marks Google transitioning its search engine capabilities to the next…