Uber
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Uber Advanced Technology Group, once valued at $7.5 billion, has been bought by Aurora Innovation.
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Ex-Uber engineer sentenced to 18 months for Google trade secrets theft
Former Uber engineer Anthony Levandowski plead guilty to one of 33 counts of theft and attempted theft of Google trade secrets that he was charged with last August.
Viknesh Vijayenthiran -
Uber founder Travis Kalanick sells shares, leaves board
Kalanick has netted over $2.5 billion from selling down over 90 percent of his shares in Uber.
Viknesh Vijayenthiran -
Uber Copter now open to all customers from Manhattan to JFK airport
Taking a helicopter from Manhattan to JFK is available now to all Uber riders.
Byron Hurd -
Volvo and Uber's latest self-driving car prototype has backups for steering, braking
Volvo on Wednesday unveiled an XC90 prototype fitted with all of the hardware necessary for full self-driving capability. The SUV has been designed to operate on self-driving software being developed by Uber. The two companies have worked closely on self-driving cars since 2016, when Uber agreed to...
Viknesh Vijayenthiran -
Melbourne picked as first city outside US for Uber Air flying taxi service
Uber hopes to have its flying taxi service in operation by 2023.
Viknesh Vijayenthiran -
High-level Uber uses will soon be able to hail a helicopter to get to JFK airport, cutting commute times to 30 minutes.
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Uber prices IPO at $45, valuing company at $82B
Uber has been losing billions of dollars but will now have to face public investors as the company is about to be listed on the New York Stock Exchange.
Viknesh Vijayenthiran -
Toyota, SoftBank buy $1B stake in Uber's self-driving car unit
Ahead of Uber's historic IPO in the coming weeks, the ride-hail giant's self-driving car division received a $1 billion injection from Toyota, investment firm SoftBank, and automotive supplier Denso. Toyota and Denso will together invest $667 million and SoftBank will invest $333 million, valuing...
Viknesh Vijayenthiran -
Uber self-driving car prototypes back on the road 9 months after fatal crash
Uber on Thursday rolled out its self-driving car prototypes on public roads for the first time since the March accident where one of the prototypes hit and killed a woman, Elaine Herzberg, pushing a bicycle across a stretch of road in Tempe, Arizona. The prototypes are currently testing near Uber's...
Viknesh Vijayenthiran -
Ex-Waymo engineer drove from San Francisco to New York City in a self-driving car
Anthony Levandowski claims he has completed a major milestone for self-driving car technology: a coast-to-coast trip using his latest technology. If Levandowski sounds familiar, it's because he was the center of attention in the Waymo-Uber legal battle. Waymo accused the former employee of stealing...
Sean Szymkowski -
Toyota invests $500M in Uber, will add self-driving Siennas to ride-hailing fleet
Toyota is deepening its ties with Uber. The Japanese auto giant announced Monday it will invest $500 million in Uber, which follows an undisclosed investment made in 2016. Toyota also said Monday it will integrate Uber's self-driving technology together with its own Toyota Guardian active safety...
Viknesh Vijayenthiran -
Uber will park its self-driving truck development in order to focus more resources on self-driving cars, the company announced Monday. The ride-hailing giant originally got into the game in 2016 when it acquired a startup by the name of Otto that was developing self-driving technology for trucks. Otto was co-founded by Anthony Levandowski, the former Waymo engineer at the center of a now-settled dispute between Waymo and Uber over stolen technology. Uber eventually put self-driving trucks into operation on a trial basis in March under its Uber Freight service. Uber Freight, an app that...
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BMW's ReachNow app now with Uber-rivaling ride-hailing service
BMW on Tuesday announced that its car-sharing app ReachNow designed for Apple and Android smartphones will offer users the ability to hail a ride, just like the apps of Uber and Lyft. The ride-hailing service is currently open exclusively to ReachNow users in Seattle, Washington, after they've...
Viknesh Vijayenthiran -
Uber files patent for controversial tech to avoid unsafe areas, older cars
Uber may be gearing up for a new round of controversy due to a pending patent filed with the United States Patent and Trademark Office. The ride-sharing company has filed a patent for a controversial new technology that could route riders out of unsafe areas, and even discriminate against drivers...
Sean Szymkowski -
Police say driver in self-driving Uber was watching "The Voice" before fatal crash
According to a report from Tempe, Arizona, police, the human backup driver in Uber's self-driving car was watching television before the car struck and killed a pedestrian. Rafaela Vasquez, the human driver behind the wheel of the self-driving Volvo XC90, was streaming "The Voice" via the Hulu app...
Sean Szymkowski -
Google Maps no longer allows in-app Uber booking on Android
Android users will find a useful feature missing the next time they open Google Maps. The technology company has removed the feature that allowed customers to book an Uber without having to leave the Google Maps app. The feature disappeared from Android users' phones on Monday, according to a...
Sean Szymkowski -
Toyota invests $1B in Southeast Asian ride-hailing giant Grab
Toyota announced Wednesday it will invest $1 billion in ride-hailing giant Grab, valuing the six-year-old company headquartered in Singapore at approximately $10 billion. It represents the largest investment by an automaker in ride-hailing and is the fourth for Toyota in the sector. The automaker...
Viknesh Vijayenthiran -
Despite recent scandals and setbacks, Uber has big plans in the near future. The ride-sharing company has high hopes to one day be "the Amazon for transportation," CEO Dara Khosrowshahi said. Khosrowshahi made the comments and announced plans for a potential initial public offering in 2019 in a CNBC interview published on Wednesday. Right now, the IPO is simply a goal and Uber has not consulted with banks to facilitate the option. The CEO spoke of Uber's other business avenues in the transportation sector, such as Uber Eats, as a way to echo Amazon's success. The food delivery platform has...
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Uber plans to build its flying taxis in France
Uber has selected France as the future home for flying taxi production and will invest $23.4 million in the country over the next five years. According to a CNN report on Thursday, the money will be spent to develop the flying taxis. Uber also announced a five-year research partnership with Ecole...
Sean Szymkowski -
NTSB reports self-driving Uber spotted pedestrian before crash, but didn't brake
A preliminary report released Thursday by the National Transportation Safety Bureau determined that a self-driving Volvo equipped with Uber's self-driving sensors spotted a pedestrian roughly 6 seconds before it struck and killed her, but didn't attempt to stop because the automatic braking feature...
Aaron Cole -
Uber to resume testing self-driving cars in "a few months"
Uber believes it will have its self-driving cars back on the roads in "a few months," as the company awaits a preliminary report from the National Traffic Safety Board. The ride-hailing company's CEO Dara Khosrowshahi spoke of the future plans at Uber's Elevate conference in Los Angeles earlier...
Sean Szymkowski -
Uber shows off its new flying taxi prototype
Uber is dead set on bringing its ride-hailing service to the skies, and the company showed off its latest flying taxi prototype on Tuesday. The prototype bowed ahead of Uber's Elevate conference, which will bring the aviation, real estate, and infrastructure industries together with government...
Sean Szymkowski -
Nvidia pumps brakes on self-driving car development after Uber crash
The March 18 crash in Tempe, Arizona, where one pedestrian was struck and killed by an Uber self-driving car based on a Volvo XC90, has caused massive reverberations across the industry. The latest company to take a step back from self-driving car technology? Nvidia. Reuters reported on Tuesday...
Sean Szymkowski