The ride-hailing company is opening a research center in Palo Alto, Calif., and plans to collaborate with automakers and tech companies.
NYS Entity Status
NYS Filing Date
JULY 25, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2013 - HERCULES TECHNOLOGY GROWTH CAPITAL, INC.
AROUND THE WEB
- Lyft to Develop Self-Driving Car Technology in New Silicon Valley Facility
By MIKE ISAAC - Friday Jul 21, 2017
- Millennials still love Uber; Whole Foods payout; a Palo Alto Nobu
By Chronicle Staff and News Services - Friday Jul 7, 2017
[...] people in the aggregate tend to make choices that are in their financial interests.YouGov BrandIndex CEO Ted Marzilli, explaining to Adweek why Uber had the most improved brand perception among 18- to 29-year-olds in a survey his company published this week.[...] it appears that the company that has gotten lots of complaints and lost lots of executives still has lots of fans.reported that CEO John Mackey would get more than $41 million — which the paper said is enough to buy about 10.3 million containers of Organic Baby Kale Mix.Nobu, known as much for its celebrity clientele as its dozens of high-end Japanese restaurants across the globe, opened its first Bay Area spot Friday in Palo Alto.Many of our customers and guests from other locations around the world live and work in Palo Alto,” Chef Nobu Matsuhisa said, “so we are excited to give them their own Nobu closer to home.
- Music teacher arrested in Palo Alto student sex-abuse case
By Evan Sernoffsky - Tuesday Jul 25, 2017
A 35-year-old music teacher at the Palo Alto "School of Rock" – an after-school rock music program – was arrested for sexually abusing a 15-year-old student, police said Tuesday.
- Suspect in string of Palo Alto arson fires arrested
By Filipa Ioannou - Monday Jul 31, 2017
A man was arrested on suspicion of committing a string of arson fires in a single day near the Stanford Shopping Center in Palo Alto, officials said Monday. Terry Lee Hill Jr., a 23-year-old resident of Palo Alto, was detained and booked into Santa Clara County Main Jail on suspicion of four felony counts of arson, police said. The suspect allegedly set fire to a car parked on the 600 block of Urban Lane, a dumpster on the 100 block of Palo Alto Avenue, a garage on the 500 block of High Street and some plants along a bike path at Alma Street and Homer Avenue, police said.
- Lyft accelerates into self-driving cars
By Reuters - Sunday Jul 23, 2017
(Reuters) — Lyft Inc has formed a self-driving car division, company executives said, a bold investment for the second-largest U.S. ride-services firm as it jockeys for position in the highly competitive autonomous vehicle race. The executives said on Thursday the company would soon open a facility in Palo Alto, California, that would eventually be staffed […]
- A better, safer battery could be coming to a laptop near you
By John Markoff - Friday Aug 4, 2017
Executives at Ionic Materials in Woburn, Mass., have announced a design breakthrough that could make solid-state alkaline batteries a viable alternative to lithium-ion and other high-energy storage technologies.Cheaper and more powerful batteries are also considered by many to be the driver needed to make the cost of renewable energy technologies like wind and solar competitive with the coal, gas and nuclear power that support the national energy grid.Ionic said it had developed prototypes of a rechargeable alkaline battery that can be made using continuous manufacturing processes similar to the making of plastic wrap.The alkaline batteries that Ionic has developed would initially be heavier than today’s lithium-ion batteries, said Mike Zimmerman, a materials scientist who is the founder and chief executive of Ionic.Technological progress in battery technology has been glacial compared with the exponential advances in processing speed and data storage capacity that have been staples of Silicon Valley’s growth.Palo Alto’s Tesla, in partnership with Panasonic, is building a factory in Nevada with the intent of greatly expanding capacity to make lithium-ion batteries and lower production costs.Last fall, the U.S. Department of Energy’s agency for supporting research in next-generation energy technology announced 16 research awards aimed at accelerating development of solid battery technologies, including a $3 million contract to Ionic Materials.Analysts, however, say they believe the new facilities and technology from companies like auto and battery manufacturers will help bring costs down, but still fall short of industry goals.Bloomberg New Energy Finance, an energy research group, has forecast that mass-market adoption of electric vehicles will not occur until operating costs fall to match those of internal combustion engines.The company has demonstrated the batteries’ resistance to catching fire or exploding by driving nails through them and even shooting them with bullets.