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Uber

This Week in the Future of Cars: What Happened at Tesla, Uber, and Chevy this week
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We’re going fast…somewhere. This week was full of people and corporations making market-moving decisions. Not all seemed wise. Elon Musk did a 2.5-hour live interview, got peer pressured into smoking a blunt, and maybe didn’t inhale. Mercedes has a fully electric SUV coming out, and Chevy is prepping the country’s serious haulers for the intro […]

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Uber picks VMware's Zane Rowe as CFO: Bloomberg
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(Reuters) – Uber Technologies Inc [UBER.UL] has picked VMware Inc’s (VMW.N) Zane Rowe as the top candidate for chief financial officer to lead preparations for the ride-hailing company’s initial public offering in 2019, Bloomberg reported on Wednesday. The logo of Uber is pictured during the presentation of their new security measures in Mexico City, Mexico […]

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Uber still believes autonomous vehicles have a future, says CEO
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WASHINGTON (Reuters) – Uber Chief Executive Dara Khosrowshahi said on Wednesday that the ride-sharing company still believes in the prospects for autonomous transport after one of its self-driving vehicles was involved in a fatal crash in Arizona last month. FILE PHOTO – Dara Khosrowshahi, Chief Executive Officer of Uber Technologies, attends the World Economic Forum […]

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Self-driving car industry confronts trust issues after Uber crash
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DETROIT (Reuters) – The fatal accident involving an Uber self-driving car cranks up pressure on the self-driving vehicle industry to prove its software and sensors are safe in the absence of strong government standards, experts in the field said. A still frame taken from video released March 21, 2018 shows the exterior view of the […]

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Nvidia partners with Uber, Volkswagen in self-driving technology
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LAS VEGAS (Reuters) – Nvidia Corp will partner with Uber Technologies Inc [UBER.UL] and Volkswagen AG (VOWG_p.DE) as the graphics chipmaker’s artificial intelligence platforms make further gains in the autonomous vehicle industry. The company, which already has partnerships in the industry with companies such as carmaker Tesla and China’s Baidu, makes computer graphics chips and […]

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SoftBank succeeds in tender offer for Uber shares
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(Reuters) – A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc [UBER.UL] in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi. The price is a roughly 30 percent discount to Uber’s […]

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Uber faces big jump in fees if London license is renewed
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LONDON (Reuters) – Uber will face a big jump in the fee it pays to operate in London to 2.9 million pounds if the ride hailing company is granted a new license by the city’s transport authority. Transport for London said on Monday companies with more than 10,000 vehicles would pay 2.9 million pounds ($4 […]

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