Ride-sharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors

The Uber logo is seen in the rain in Krakow, Poland, on Jan. 6, 2024. Klaudia Radecka | Nurphoto | Getty Images Tesla‘s hyped robotaxi unveiling posed a threat to Uber‘s ride-sharing aspirations, but it has turned into a boon for the stock instead. Uber shares had been falling on the initial investor excitement leading up… Continue reading Ride-sharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors

Who will win the robotaxi race? Tesla, Waymo, or Uber?

Who will win the robotaxi race? Tesla, Waymo, or Uber? Tesla‘s Robotaxi Day is almost here. On Thursday, Elon Musk will unveil a vision for a ridesharing service powered by his company’s autonomous vehicles. His main competition on the technology front is Waymo, owned by Google parent Alphabet. On the ridesharing side, Uber is the… Continue reading Who will win the robotaxi race? Tesla, Waymo, or Uber?

Robotaxis are here and the public is divided

Driverless cars are speeding onto America’s streets, but whether the public will trust robotaxis remains an open question.  Nearly two-thirds of Americans said they would not want to ride in a driverless passenger vehicle if they had the opportunity, according to a Pew Research Center Survey. That’s because residents in cities that have yet to… Continue reading Robotaxis are here and the public is divided

Payfare Initiates Strategic Review Process to Enhance Value

TORONTO, Sept. 29, 2024 /PRNewswire/ – Payfare Inc. (“Payfare” or the “Company“) (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access (“EWA“) company powering instant access to earnings and digital banking solutions for workforces, today announced that its Board of Directors has initiated, with the assistance of outside legal and financial advisors, a comprehensive and thorough strategic… Continue reading Payfare Initiates Strategic Review Process to Enhance Value

Five Essential Tips for Protecting Your Rights After a Rideshare Accident in Florida

FORT LAUDERDALE, Fla., Sept. 23, 2024 /PRNewswire/ — The Law Offices of Jason Turchin, known for handling complex rideshare accident claims, shares critical advice for individuals injured in Uber and Lyft accidents. As rideshare services grow in popularity, accidents involving these vehicles are increasing. Victims of these accidents often face unique legal challenges that require… Continue reading Five Essential Tips for Protecting Your Rights After a Rideshare Accident in Florida

NEW Global Rideshare Report – First Half 2024: Obi’s Unique Datasets Uncover New Rideshare Trends

NEW YORK, Sept. 23, 2024 /PRNewswire/ — Obi, the global real-time aggregator for rideshares, today released an expanded and updated Global Rideshare Report incorporating additional first half 2024 data. This extensive report provides an unparalleled analysis of the rideshare industry, examining 85 million unique searches and over one billion data points. The report offers a deep… Continue reading NEW Global Rideshare Report – First Half 2024: Obi’s Unique Datasets Uncover New Rideshare Trends

From frustration to excitement: The long, winding road of Alphabet’s self-driving Waymo unit

Alphabet ‘s self-driving car unit Waymo is finally shifting into high gear. After years of heavy investment and losses, Waymo ridership is picking up momentum in its existing West Coast markets, and the company just inked an expanded partnership with Uber to bring its robotaxi service to the ride-hailing giant’s app in Atlanta and Austin,… Continue reading From frustration to excitement: The long, winding road of Alphabet’s self-driving Waymo unit

Nexar Appoints Zach Greenberger as Chief Executive Officer, Luc Vincent as Chief R&D Officer To Scale Real Insights For The Real World

NEW YORK, Sept. 19, 2024 /PRNewswire/ — Nexar, a leading AI mobility company, announced today the appointments of Zach Greenberger as its new Chief Executive Officer and Luc Vincent as its new Chief R&D Officer, effective tomorrow, Friday, September 20, 2024. Greenberger succeeds co-founder Eran Shir, who has successfully led the company since its founding and… Continue reading Nexar Appoints Zach Greenberger as Chief Executive Officer, Luc Vincent as Chief R&D Officer To Scale Real Insights For The Real World

Uber launches new rider verification program as a safety measure for drivers across the US

Getty Images/Anadolu Agency/Contributor Uber will be expanding its rider verification program across the US starting Sept. 18. That expansion is important because, in case you haven’t heard, being a driver for the ride-sharing platform can be dangerous. There have been several instances where an Uber driver has been put in harm’s way or outright scammed.… Continue reading Uber launches new rider verification program as a safety measure for drivers across the US

Nium Strengthens Executive Leadership Team with Chief Financial Officer and Chief Compliance Officer Appointments

Investment banking veteran, Andre Mancl, joins as CFO; Fraud risk expert, Philip Doyle, to lead regulatory compliance operations   SAN FRANCISCO, Sept. 9, 2024 /PRNewswire/ — Nium, the global leader in real-time cross-border payments, today announced two executive appointments that strengthen its leadership team and underscore the company’s focus on driving efficient and responsible growth.… Continue reading Nium Strengthens Executive Leadership Team with Chief Financial Officer and Chief Compliance Officer Appointments