Ford revealed details about its upcoming hands-free driving system to rival Tesla Autopilot on Wednesday. BlueCruise will enable hands-free driving on more than 100,000 miles of North American highways. It will be available for certain F-150 trucks and Mustang Mach-E crossovers later in 2021. See more stories on Insider’s business page. Ford has teased hands-free… Continue reading Ford reveals BlueCruise, its hands-free driving tech to rival Tesla Autopilot and GM’s Super Cruise (F, GM, TSLA)
Author: Business Insider
Uber reveals March bookings were the highest in company history as ride-hailing rebounds from the pandemic (UBER)
Uber saw record demand for its ride-hailing services in March, it said Monday The company also hit another record for its delivery services. Uber faces some difficulty finding drivers to meet post-pandemic demand for its services. See more stories on Insider’s business page. Uber on Monday revealed record bookings for the month of March 2021,… Continue reading Uber reveals March bookings were the highest in company history as ride-hailing rebounds from the pandemic (UBER)
Meet the Waymo power players who will replace John Krafcik as the co-CEOs of Google’s $30 billion self-driving unit
Waymo’s former COO, Tekedra Mawakana and former CTO, Dmitri Dolgov, are its new co-CEOs. Mawakana is a policy expert who’s led Waymo’s strategy, operations, marketing, and public affairs. Dolgov is in charge of developing the company’s software and hardware. See more stories on Insider’s business page. After longtime Waymo CEO John Krafcik decided to step… Continue reading Meet the Waymo power players who will replace John Krafcik as the co-CEOs of Google’s $30 billion self-driving unit
As Tesla gears up to release ‘Full Self-Driving’ to thousands more drivers, videos continue to show its flaws (TSLA)
Tesla is eyeing next month for a wider release of its “Full Self-Driving” beta software. The system is still buggy and sometimes gets drivers into dangerous situations, videos show. Neither the software nor Tesla’s Autopilot make its cars fully autonomous, despite the company’s marketing. See more stories on Insider’s business page. When Tesla beamed out… Continue reading As Tesla gears up to release ‘Full Self-Driving’ to thousands more drivers, videos continue to show its flaws (TSLA)
Court rules Uber and Lyft must face worker-misclassification lawsuit from Massachusetts’ attorney general
A Massachusetts state court on Thursday rejected requests by Uber and Lyft to dismiss a lawsuit accusing the companies of illegally misclassifying their drivers as independent contractors. The lawsuit, brought by the Massachusetts state attorney general Maura Healey in July, alleged the companies have denied drivers benefits and workplace protections guaranteed to employees by instead… Continue reading Court rules Uber and Lyft must face worker-misclassification lawsuit from Massachusetts’ attorney general
Elon Musk says the new Cybertruck design won’t have any door handles
Elon Musk teased on Twitter that the updated Cybertruck would come without door handles. The original design had the same handles as other Tesla production cars. Musk said earlier in the month that more information would be available about the vehicle in April. See more stories on Insider’s business page. Elon Musk hinted on Twitter… Continue reading Elon Musk says the new Cybertruck design won’t have any door handles
Buying a Tesla with bitcoin comes with a lot of opportunities for missteps — and if you accidentally overpay, Tesla won’t reimburse you (TSLA)
Tesla now accepts bitcoin as a form of payment for its cars. Bitcoin’s extreme volatility makes buying a car with the cryptocurrency a complicated process. Tesla says it won’t reimburse buyers who accidentally overpay for a car. See more stories on Insider’s business page. Electric car buyers can now purchase a Tesla using bitcoin. However,… Continue reading Buying a Tesla with bitcoin comes with a lot of opportunities for missteps — and if you accidentally overpay, Tesla won’t reimburse you (TSLA)
Consumer Reports says Tesla’s cameras inside its cars, which transmit video footage of passengers, could pose a privacy risk
Several Tesla models record and transmit video of drivers and passengers via in-car cameras. Tesla cars have up to 9 cameras encompassing both the outside and inside of the car. Consumer Reports said the in-car camera opens drivers up to serious privacy concerns. See more stories on Insider’s business page. Several Tesla vehicle models, including… Continue reading Consumer Reports says Tesla’s cameras inside its cars, which transmit video footage of passengers, could pose a privacy risk
Bitcoin gains 5% after Elon Musk says Tesla now accepts the cryptocurrency as payment
Britta Pedersen-Pool/KTS Design/Science Photo Library/Getty Images Bitcoin rose 5% after Elon Musk said a Tesla car can now be purchased using the world’s most popular cryptocurrency. The “Technoking” said in a tweet early Wednesday the EV-maker has added bitcoin as a payment option. The choice is currently available to customers in the US, but will… Continue reading Bitcoin gains 5% after Elon Musk says Tesla now accepts the cryptocurrency as payment
More than 27,000 Uber and Lyft drivers received a combined $80 million from the US government to help them get through the pandemic, according to a new report
27,000 Uber and Lyft drivers got a combined $80 million from the US government in the pandemic. Gig-economy drivers were one of the largest beneficiaries of a small-business support scheme, the Washington Post reported. Drivers are classified as independent contractors and are allowed to apply for the grants. See more stories on Insider’s business page.… Continue reading More than 27,000 Uber and Lyft drivers received a combined $80 million from the US government to help them get through the pandemic, according to a new report