Uber Freight Receives $500M From Greenbriar Investment

Uber Technologies  (UBER) – Get Report said it received a $500 million preferred-stock investment in Uber Freight from a group led by Greenbriar Equity, a deal that values the unit at $3.3 billion. 

Uber Freight was launched in 2017 as the shipping arm of Uber Technologies, the parent of the ride-hailing and food-delivery companies. 

The freight service enables trucking companies and drivers to book loads just as they would book Uber rides, a company statement says. 

Greenbriar is the Rye, N.Y., private-equity firm focused on logistics, transport, manufacturing and more.

Uber Freight said it planned to use the funds to build out its logistics platform and speed new products to market.

As part of the investment, Greenbriar Managing Partners Michael Weiss and Jill Raker will join the Uber Freight board. Uber will retain majority control of the freight unit.

Greenbriar is “a partner with deep expertise and a

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Cobwebs Technologies Receives Frost & Sullivan’s Technology Innovation Leadership Award for Its AI-Powered Web Intelligence Solutions

Cobwebs Technologies was selected for leading the development and successful introduction of high-tech solutions to address their customers’ most pressing needs, altering the industry and business landscape in the process.

NEW YORK, Oct. 1, 2020 /PRNewswire/ — Cobwebs Technologies (https://cobwebs.com/), a market leader in providing AI- and ML-powered analytics to deliver revolutionary WEBINT solutions for comprehensive investigations and data analysis, announced today that it has been awarded the New Product Innovation Award accolade by Frost & Sullivan, a leader in global research and consulting solutions.

To read the full award write-up of the Frost & Sullivan Awards Technology Innovation Leadership Award received by Cobwebs in the category AI-powered Web Intelligence, click here.

Cobwebs was chosen for its game-changing solutions, setting a new standard for Web Intelligence. The company’s innovative and comprehensive WEBINT solutions include a web investigation platform, threat intelligence solution, secured analyst assistant, active web intelligence, financial investigation

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Milo Phillips-Brown receives inaugural MAC3 Society and Ethics in Computing Research Award | MIT News

Milo Phillips-Brown, a postdoc in the ethics of technology in MIT Philosophy, was recently named the inaugural recipient of the MAC3 Society and Ethics in Computing Research Award, which provides support to promising PhD candidates or postdocs conducting interdisciplinary research on the societal and ethical dimensions of computing.

Phillips-Brown is being recognized for his work teaching responsible engineering practices to computer scientists. At MIT, he teaches two courses, 24.131 (Ethics of Technology) and 24.133 (Experiential Ethics), and has been an active participant in the activities of the Social and Ethical Responsibilities of Computing (SERC), a new cross-cutting area in the MIT Stephen A. Schwarzman College of Computing that aims to weave social, ethical, and policy considerations into the teaching, research, and implementation of computing.

“We are delighted to be able to work so closely with Milo,” says Julie Shah, an associate professor in the Department of Aeronautics and Astronautics, who

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Volvo On Call Smartphone App Receives New Functionality

From Autoweek

With every new car reveal, there’s at least a mention of new connectivity between your phone and car. Volvo took a slightly different approach and increased connectivity between your phone, your car, and your car’s dealership. Called Volvo On Call, it’s an app first developed in 2015 and has since steadily increased functionality. And now that includes booking service appointments.

With the app, you can schedule an appointment at any time. It automatically finds the nearest Volvo dealer to you and has access to the dealer management system so you have real time schedule availability. If the service you need is among common maintenance or repairs, the app gives cost estimates for the work as well.

Moreover, using Volvo’s Valet service, you can have your car picked up and a loaner car dropped off for you to use while the car is in service, and vice versa. To

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Kontrol’s COVID-19 Technology Receives Positive Lab Results for Live COVID-19 Testing

The MarketWatch News Department was not involved in the creation of this content.

September 10, 2020 (ACCESSWIRE via COMTEX) —
– Kontrol BioCloud a Safe Space Technology™ –

TORONTO, ON / ACCESSWIRE / September 10, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) (“Kontrol” or “Company“) is pleased to provide an update on its Kontrol BioCloud (or “BioCloud“) technology.

Kontrol has received positive lab results for BioCloud testing against the live virus that causes COVID-19. This positive result follows two successful tests against the dormant SARS-CoV-2 virus (see press release dated August 10th, 2020 and press release dated August 27th, 2020).

“We are very pleased that through a methodical approach we have been able to successfully test our technology with the live virus causing COVID-19 and will turn our focus to commercialization of BioCloud,” says Paul Ghezzi, CEO of Kontrol. “It has

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Society for Science & the Public President & CEO and Publisher, Science News, Receives 2020 National Science Board Public Service Award

WASHINGTON, Sept. 22, 2020 /PRNewswire/ — The Society for Science & the Public today announced that the National Science Board (NSB), the governing body of the National Science Foundation, has awarded Maya Ajmera with the 2020 Public Service Award. Ajmera is President and CEO of the Society for Science & the Public and Publisher of Science News.

NSB is recognizing Ajmera for “inspiring generations of young people to be science and technology leaders and innovators through the Society for Science & the Public, a non-profit organization best known for its world class science research competitions, award winning science journalism, and expansive outreach and equity programs.”

The Public Service Award is presented to individuals and groups each year that have contributed substantially to increasing public understanding of science and engineering.

Ajmera has helped to transform the nearly 100-year-old Society, strengthening the Society’s science research competitions. She spearheaded

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