The rumors are true, India’s Uber rival/potential-future-M&A-buddy Ola has acquired transportation startup Ridlr in an undisclosed deal. Mint reported the imminent transaction last week, describing it as a fire sale, and today Ola confirmed the deal. The terms are undisclosed so you can make of that what you will. Founded in 2010, Ridlr operates as a… Continue reading Uber’s India rival Ola could add public transport services following latest acquisition
Author: Tech Crunch Online News
NTSB is ‘unhappy’ about Tesla publicly disclosing details of fatal crash
Tesla provided some more details on Friday about the fatal crash involving one of its Model X vehicles, but the National Transportation Safety Board isn’t particularly happy about that, The Washington Post first reported. “In each of our investigations involving a Tesla vehicle, Tesla has been extremely cooperative on assisting with the vehicle data,” NTSB spokesperson… Continue reading NTSB is ‘unhappy’ about Tesla publicly disclosing details of fatal crash
UberRUSH is shutting down
Uber is closing the doors on its on-demand package delivery service for merchants, RUSH, in New York City, San Francisco and Chicago, TechCrunch has learned. In an email to users, Uber said it plans to close RUSH operations June 30, 2018. “At Uber, we believe in making big bold bets, and while ending UberRUSH comes… Continue reading UberRUSH is shutting down
Singapore says Uber-Grab deal may violate competition laws
Uber’s exit from Southeast Asia is under scrutiny from regulators in Singapore who believe that Grab’s purchase of the U.S. firm’s business in the region may violates competition laws. Singapore-based Grab, Uber’s chief rival in the region, announced the acquisition of Uber’s Southeast Asian business on Monday. In return, Uber is taking 27.5 percent of the Grab… Continue reading Singapore says Uber-Grab deal may violate competition laws
Uber has settled with the family of the homeless victim killed last week
Uber has reportedly come to a fast settlement with the family of 49-year-old Elaine Herzberg, who was fatally struck last week by one of the company’s self-driving vehicles as she crossed a darkened street, pushing a bicycle. Terms of the settlement are not being disclosed; Uber declined to comment when we asked the company for further… Continue reading Uber has settled with the family of the homeless victim killed last week
SF Motors reveals first two EVs, aims to ship its first SUV by next year
SF Motors has revealed its first two models, electric vehicles aiming for 2018 production and 2019 street dates. The electric vehicle technology company with a headquarters in Silicon Valley, as well as a globe-spanning R&D footprint and manufacturing facilities in both China and the U.S., and it’s aiming to distinguish itself rom the established market… Continue reading SF Motors reveals first two EVs, aims to ship its first SUV by next year
Nvidia CEO Jensen Huang clarifies Uber is not using its Drive platform
While Uber makes use of Nvidia hardware in its own self-driving automotive technology, it does not employ Nvidia’s Drive autonomous computing platform, which includes the GPU maker’s own real-time sensor fusion, HD mapping and path planning. Nvidia CEO Jensen Huang shared this information today during a Q&A session attended by reporters at the company’s GPU… Continue reading Nvidia CEO Jensen Huang clarifies Uber is not using its Drive platform
Tesla is overusing automation in Model 3 final assembly, analysts say
Bernstein analysts Max Warburton and Toni Sacconaghi argue Elon Musk is overusing automation, Business Insider reports, and that’s why Tesla is unable to scale as fast as it would like. “Tesla has tried to hyper-automate final assembly,” the report states. “We believe Tesla has been too ambitious with automation on the Model 3 line. Few have… Continue reading Tesla is overusing automation in Model 3 final assembly, analysts say
Uber Freight lead, Lior Ron, has left the company
Lior Ron, Uber’s head of freight operations, has left the company, a source familiar with the situation told TechCrunch. “We remain fully invested in and excited about the future of Uber Freight,” an Uber spokesperson said in a statement to TechCrunch. “Since launching in Texas, we have introduced Freight to all states in the continental… Continue reading Uber Freight lead, Lior Ron, has left the company
Cruise’s CTO, a former Uber manager, is out
General Motors’ self-driving car unit, Cruise Automation, is parting ways with CTO A.G. Gangadhar, Bloomberg first reported. This comes after public complaints pertaining to his role in fostering an alleged unsafe work environment for women. “After serious consideration, Cruise and AG have elected to part ways,” a Cruise spokesperson told TechCrunch in a statement. “We… Continue reading Cruise’s CTO, a former Uber manager, is out