Uber has acquired Blacklane, a Berlin-based startup that offers chauffeur services and bookings through its app, with plans to expand further into the luxury travel industry. Blacklane, founded in 2011, acts as a liaison between independent local chauffeur services and travelers looking for a more premium ride. According to Uber, the deal is subject to regulatory approvals but is expected to close by the end of 2026.

"This partnership marks a significant milestone in Blacklane’s next chapter and is a powerful step-change in introducing our service to new markets globally," Jens Wohltorf, founder and CEO of Blacklane said in a press release. Uber didn't disclose the acquisition details and it's not clear if Uber Elite and Blacklane will compete against each other.

Currently, Blacklane is available in at least 500 cities across more than 60 countries. Besides on-demand chauffeur hailing, the startup offers long-distance rides from city to city, airport pickup with flight tracking, and by-the-hour bookings. Uber's acquisition of Blacklane comes several weeks after it launched Uber Elite as an invite-only service for its "luxury ride experience." Besides Uber Elite and Blacklane, another luxury hailing service has recently entered the US market. Earlier this month, Wheely announced its US debut with New York City as its first location, with five others to be announced in the coming years. Blacklane also currently operates in New York City, along with several dozen other cities in the US.

This article originally appeared on Engadget at https://www.engadget.com/transportation/uber-to-acquire-berlin-based-chauffeur-hailing-app-to-ramp-up-its-luxury-travel-efforts-163855603.html?src=rss

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China's antitrust regulator has opened an investigation into Qualcomm's acquisition of Israeli connected-vehicle chip company Autotalks. The State Administration for Market Regulation (SAMR) alleges that Qualcomm is suspected of violating China's anti-monopoly laws by not disclosing certain details of the deal.

Qualcomm had initially agreed to acquire the fabless chip company in 2023 to expand its Snapdragon portfolio into more automotive applications. Autotalks creates chips, sensors and vehicle-to-everything (V2X) communication tech centered in part on safety for vehicles. It has been a few months since the acquisition was finalized, with the new probe coming amid trade negotiations between the United States and China.

The deal was previously investigated by both the US Federal Trade Commission and the UK's Competition and Markets Authority, with Qualcomm temporarily abandoning the acquisition in early 2024. The exact process of how the deal was reopened is not clear, as the acquisition was only announced once it had been finalized and received regulatory approval

Last month, SAMR said that NVIDIA's $6.9 billion acquisition of Mellanox also ran afoul of national regulations. The regulators also said the deal violated conditional terms outlined by regulators on initial approval. The Financial Times reported that China's regulators held on to that decision for months, purportedly to gain leverage in trade discussions with the US.

The bulk of these investigations have come while the US and China are engaged in negotiations around a TikTok deal, tariffs, trade and more. Today China drastically expanded its export controls for rare earth minerals, targeting defense and semiconductor companies outside the country.

This article originally appeared on Engadget at https://www.engadget.com/big-tech/chinese-regulators-are-investigating-qualcomms-acquisition-of-autotalks-121540269.html?src=rss

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