Odds and Ends 

Peer-to-peer car-sharing marketplace Turo raises $250M at over $1B valuation from IAC

Car-sharing startup Turo has raised $250 million in a Series E round of funding from IAC, the internet media company that owned and spun out Match.com and OkCupid. This round pushes Turo into unicorn territory, with its valuation now “past the billion-dollar” mark according to Turo CEO Andre Haddad. This late round of funding brings the company’s total to nearly $450 million, raised across multiple rounds since its founding as Relay Rides in 2009. The company plans to use the investment to fuel its growth, further refine the customer experience…

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How parking app SpotHero is preparing for an era of driverless cars

On-demand parking app SpotHero wants to be ready for the day when autonomous vehicles are ubiquitous. Its strategy: target the human-driven car-sharing fleets today. The Chicago-based company, which has operations in San Francisco, New York, Washington, D.C. and Seattle, has launched a new service dubbed SpotHero for Fleets that targets shared mobility and on-demand services. The service aims to be a one-stop shop for car-sharing and commercial fleets to handle all that goes into ensuring there is access and the right number of designated parking areas on any given day…

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Startups Weekly: SoftBanks second act

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I noted some challenges plaguing mental health tech startups. Before that, I wrote about Zoom and Superhuman’s PR disasters. Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter @KateClarkTweets. If you don’t subscribe to Startups Weekly yet, you can do that here. accelerating its IPO plans and targeting a September listing. We don’t…

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Uber fixes bug that exposed third-party app secrets

Uber has fixed a bug that allowed access to the secret developer tokens of apps that integrated with the ridesharing service, according to the security researchers who discovered the flaw. In a blog post, Anand Prakash and Manisha Sangwan explained that a vulnerable developer endpoint on Uber’s back-end systems — since locked down — was mistakenly spitting back client secrets and server tokens for apps authorized by the Uber account owner. Client secrets and server tokens are considered highly sensitive bits of information for developers, as they allow apps to communicate…

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Spanish anti-Uber taxi strike ends after government agrees new regulation

A national six-day taxi driver strike in Spain has ended after the government agreed to pass regulation that will allow the country’s autonomous communities to cap the number of private hire vehicle permits within their cities. The VTC licenses are used by Uber and local ride-hailing rival Cabify to offer professional driver services in the country. So the government’s decision looks likely to limit the size of their businesses in regional markets which choose to uphold the cap. Previous decisions by European courts have essentially closed down Uber’s p2p (non-professional driver)…

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