Sarah's Feed
Jul 7, 2015

Car dashboards that act like smart phones raise safety issues

SAN FRANCISCO (Reuters) – When it comes to dashboard displays that are more like smart phones, two things are clear: Customers want them, and automakers are intent on supplying them.

But are they really a good idea?

Car companies answer with an emphatic yes. They say outsized dashboard displays that behave more like smart phones will boost revenue and attract buyers. And they also insist the new screens will make driving less dangerous, because of well-integrated voice controls and large touch screens that will keep drivers from fumbling with more dangerous mobile phones.

Jul 7, 2015

Facebook executive Sheryl Sandberg joins board of SurveyMonkey

SAN FRANCISCO (Reuters) – Facebook Inc’s Chief Operating Officer Sheryl Sandberg is taking a seat on the board of SurveyMonkey, the online polling company that was run by her late husband, Dave Goldberg.

SurveyMonkey, a privately held company valued at $2 billion,

also appointed to its board David Ebersman, the chief executive officer of behavioral health company Lyra Health and the former chief financial officer of Facebook. Ebersman shepherded Facebook through its 2012 initial public offering.

Jun 25, 2015

Oculus-backer Formation 8 raising $400 million venture fund

SAN FRANCISCO, June 25 (Reuters) – Formation 8, the
venture-capital firm known for backing virtual-reality company
Oculus VR, has filed to raise a $400 million fund for late-stage
investments in Asia, highlighting the growing appeal of the
region for private-company investors.

The filing, made Thursday at the Securities & Exchange
Commission, comes as Uber, the privately held ride-hailing
service, says it plans to invest more than $1 billion in China
this year, and as many privately held Asian companies break the
$1 billion valuation mark, including phone maker Xiaomi, online
retailer Flipkart and lending platform Lufax.

Jun 22, 2015

California ruling seen unlikely to dent value of Uber, other start-ups

June 22 (Reuters) – A California ruling requiring Uber to
classify a San Francisco-based driver as an employee instead of
an independent contractor could potentially change how
sharing-economy companies operate, but it is unlikely to dent
their value, investors said.

If it holds up on appeal, the California Labor
Commissioner’s decision, which came to light last week, may have
a limited impact on Uber and other companies that rely on
networks of on-demand workers.

Jun 18, 2015

In California, Uber driver is employee, not contractor – agency

By Sarah McBride and Dan Levine

(Reuters) – A driver for Uber is an employee, not a
contractor, according to a California ruling that eventually
could push up costs for the smartphone-based ride hailing
service and hurt the closely watched start-up’s valuation.

The California Labor Commissioner’s decision could ripple
through the burgeoning industry of providing services via
smartphones, with potential implications for other
“crowdsourced” services such as Uber rival Lyft, chore service
TaskRabbit, and cleaning service Homejoy.

Jun 18, 2015

In California, Uber driver is employee, not contractor

By Sarah McBride and Dan Levine

(Reuters) – A driver for Uber is an employee, not a contractor, according to a California ruling that eventually could push up costs for the smartphone-based ride hailing service and hurt the closely watched start-up’s valuation.

The California Labor Commission’s decision could ripple through the burgeoning industry of providing services via smartphones, with potential implications for other “crowdsourced” services such as Uber rival Lyft, chore service TaskRabbit, and cleaning service Homejoy.

Jun 17, 2015

Uber driver is employee, not contractor – Calif. Labor Commission

By Sarah McBride and Dan Levine

(Reuters) – A San Francisco-based driver for
smartphone-based ride-hailing service Uber is an employee, not a
contractor, according to a ruling by the California Labor
Commission.

The ruling, filed on Tuesday in state court in San
Francisco, was the latest in a host of legal and regulatory
challenges facing Uber and other highly valued start-ups in the
United States and other countries.

Jun 17, 2015

Uber drivers are employees, not contractors: California Labor Commission

By Sarah McBride and Dan Levine

(Reuters) – A San Francisco-based driver for smartphone-based ride-hailing service Uber is an employee, not a contractor, according to a ruling by the California Labor Commission.

The ruling, filed on Tuesday in state court in San Francisco, said Uber is “involved in every aspect of the operation.” It is the latest in a host of legal and regulatory challenges facing Uber in the United States and other countries.

Jun 17, 2015

Uber drivers are employees, not contractors -Calif. Labor Commission

June 17 (Reuters) – A San Francisco-based driver for
smartphone-based ride-hailing service Uber is an employee, not a
contractor, according to a ruling by the California Labor
Commission.

The ruling, filed on Tuesday in state court in San
Francisco, said Uber is “involved in every aspect of the
operation.” It is the latest in a host of legal and regulatory
challenges facing Uber in the United States and other countries.

Jun 11, 2015

Venture firm Greylock hires first female investment partner

SAN FRANCISCO, June 11 (Reuters) – Venture capital firm
Greylock Partners, which passed on the chance to invest in
Pinterest four years ago, is hoping to hit a bullseye by tapping
the online bulletin board for its first female investing
partner.

Greylock said Thursday it has hired Sarah Tavel, Pinterest’s
founding product manager. She joins as the technology industry
is battling a reputation for shabby treatment of women.