SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that Prashanth Mahendra-Rajah will join the company as Chief Financial Officer on November 13, 2023. Mr. Mahendra-Rajah is currently Chief Financial Officer of Analog Devices (ADI). At ADI, he set financial strategy and oversaw the company’s global finance organization, with responsibility for financial management, planning, controls,… Continue reading Uber: Uber Announces New Chief Financial Officer
Category: Mobility Companies
Waymo One is going on tour in Los Angeles
Waymo One, our 24/7 autonomous ride-hailing service, is going on tour across Los Angeles. Beginning in October, residents and visitors will have a chance to score early access tickets to take fully autonomous Waymo One rides in LA neighborhoods ahead of a wider service launch. Starting beachside in Santa Monica and Venice, the Waymo One… Continue reading Waymo One is going on tour in Los Angeles
Thrifty Launches FlexiConnect with Ridecell to Bring Greater Visibility and Reliability to UK Pool Fleets
FlexiConnect makes it easier to run UK pool fleets with a bespoke smartphone app that facilitates keyless entry and ignition New service offers a viable alternative to running an owned or leased pool fleet or grey fleet policy, offering high-specification fully maintained vehicles Latest technology built on the Ridecell Fleet Transformation Cloud allows users instant… Continue reading Thrifty Launches FlexiConnect with Ridecell to Bring Greater Visibility and Reliability to UK Pool Fleets
Waymo’s autonomous vehicles are significantly safer than human-driven ones, says new research led by Swiss Re
Waymo and Swiss Re, one of the world’s leading reinsurers, partnered in 2022 to advance risk assessment methodologies and approaches to evaluating safety of autonomous vehicles. Today, we’re sharing new research led by Swiss Re which shows Waymo’s autonomous vehicles are significantly safer than those driven by humans. In the over 3.8 million miles… Continue reading Waymo’s autonomous vehicles are significantly safer than human-driven ones, says new research led by Swiss Re
Grab Reports Second Quarter 2023 Results
Q2 2023 Revenue grew 77% year-over-year to $567 million[1] Q2 2023 Loss for the period improved by 74% year-over-year to $148 million Q2 2023 Adjusted EBITDA improved by 92% year-over-year to $(20) million Group Adjusted EBITDA breakeven guidance brought forward to Q3 2023 from Q4 2023 SINGAPORE, August 23, 2023 – Grab Holdings Limited (NASDAQ:… Continue reading Grab Reports Second Quarter 2023 Results
Waymo’s next chapter in San Francisco
Fully autonomous vehicles were once the unimaginable future. For many San Franciscans they’re now a daily reality and an essential mode of transportation. Since late 2022, thousands of SF residents across all neighborhoods have relied on our fully autonomous Waymo One service to get around the city 24/7. Now, we’re making the experience available to… Continue reading Waymo’s next chapter in San Francisco
Making green transportation accessible to all
We all make choices every day that affect the climate, but one of the biggest is how we get around. As a zero-emission ride-hailing service, Waymo One can make that decision easy. In California, transportation accounts for about half the state’s greenhouse gas emissions, when you include fuel production. Cities across the country have set… Continue reading Making green transportation accessible to all
Grab Awards Scholarships and Bursaries to over 50 Driver- and Delivery-Partners’ Children in Singapore
Grab recently awarded the first batch of its 2023 Grab Emerald Circle Scholarships and Bursaries to 53 outstanding children of Grab driver- and delivery-partners. The beneficiaries include 9 scholarship recipients who received up to $10,000 each for their local university expenses, as well as 44 bursary recipients who received between $150 and $400 to support… Continue reading Grab Awards Scholarships and Bursaries to over 50 Driver- and Delivery-Partners’ Children in Singapore
The Waymo Driver’s Rapid Learning Curve
Imagine if you could automatically learn from the driving experiences of others on the road, absorbing knowledge about all the complicated scenarios they’ve encountered. The Waymo Driver covers tens of thousands of miles — equivalent to a lifetime of human driving experience — in a matter of days; in simulation, it does so in minutes.… Continue reading The Waymo Driver’s Rapid Learning Curve
Waymo One heads to Austin
It’s official. Austin will be Waymo’s fourth major ride-hail city, joining Metro Phoenix, San Francisco and Los Angeles, as we continue to expand and build momentum for our commercial ride-hail business. For the past few months, our team tested in and around downtown in our all-electric Jaguar I-PACE vehicles to reacquaint the generalizable Waymo Driver… Continue reading Waymo One heads to Austin