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The DOJ sues Uber (again) for allegedly discriminating against people with disabilities
The US Department of Justice sued Uber on Thursday over disability discrimination… again. The lawsuit claims the company and its drivers "routinely refuse to serve individuals with disabilities [...]
Lime announces $25 million action plan to help fix London's e-bike chaos
In November, Transport for London (TfL) announced new steps to regulate e-bikes, but a lack of legislation or power meant that most of the onus fell to e-bike services to do the right thing. Now, Lime [...]
Lime files for a Nasdaq IPO under the LIME ticker, the first big micromobility test in eight years
The San Francisco scooter-and-e-bike operator goes public as Neutron Holdings with Goldman Sachs and JPMorgan as joint book-runners. $686m in 2024 revenue and two consecutive years of free cash flow g [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Uber-backed Lime prices its IPO at $25 a share, raising about $174m
Lime has priced its US initial public offering at $25 a share, according to Bloomberg News. That is the midpoint of the $24 to $26 range the company had marketed. The offering raised roughly $174m in [...]