Laying the groundwork for self-driving vehicle safety

By: Eric Meyhofer, CEO of Uber Advanced Technologies Group Around the world, regulators, technology developers, and industry standard-setting bodies are already working on a range of approaches to self-driving vehicle safety. However, the complexity of self-driving technology and the variety in development approaches across the industry means that, to date, no single standard or test… Continue reading Laying the groundwork for self-driving vehicle safety

Yandex-Uber JV MLU acquires regional rival Vezet for shares and $71.5M in cash

On-demand transportation giant Uber made its name in part by aggressively entering new markets on a path of organic growth, but in recent times, it has shown itself more amenable to the concept of expansion through acquisition. Today, MLU, Uber’s ride-sharing and food delivery JV with Yandex (by way of Yandex.taxi) covering cities in Russia… Continue reading Yandex-Uber JV MLU acquires regional rival Vezet for shares and $71.5M in cash

UPDATE 2-Yandex’s joint venture with Uber to buy smaller Russian taxi firm’s assets

MOSCOW (Reuters) – Russian internet company Yandex’s (YNDX.O) joint venture with Uber (UBER.N) has agreed to buy Russian taxi firm Vezet’s core business, further cementing Yandex’s role as a major online taxi operator in Russia and neighboring countries. Taxi, ride sharing and car sharing services have been booming in Russia over the last couple of… Continue reading UPDATE 2-Yandex’s joint venture with Uber to buy smaller Russian taxi firm’s assets

Yandex, Uber JV to buy Vezet’s Russian assets in expansion push

Russian internet company Yandex NV said on Monday its ride-sharing and food delivery joint venture with Uber had agreed to buy intellectual property and local call centres from Vezet group as it plans further expansion in the country. Yandex and Uber Technologies Inc combined their taxi businesses across Russia, Armenia, Azerbaijan, Belarus, Georgia and Kazakhstan in 2017… Continue reading Yandex, Uber JV to buy Vezet’s Russian assets in expansion push

UPDATE 1-Yandex, Uber JV to buy Vezet Russian assets in expansion push

(Adds details, comments) By Anna Rzhevkina and Nadezhda Tsydenova MOSCOW, July 15 (Reuters) – Russian internet company Yandex NV said on Monday its ride-sharing and food delivery joint venture with Uber had agreed to buy intellectual property and local call centres from Vezet group as it plans further expansion in the country. Yandex and Uber… Continue reading UPDATE 1-Yandex, Uber JV to buy Vezet Russian assets in expansion push

VW and Ford in self-driving and electric car pact

Volkswagen and Ford have said they will work together on developing self-driving and electric cars in an attempt to reduce costs on new technologies. VW plans to invest $2.6bn (£2.1bn) in Ford’s self-driving unit, which is valued at $7bn. The move comes after the duo said in March they would build vans together. The two… Continue reading VW and Ford in self-driving and electric car pact

A Ford-VW alliance with Argo could redraw self-driving sector

DETROIT, July 11 (Reuters) – An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles. A Ford-VW collaboration with Argo, the Pittsburgh-based start-up that has spearheaded Ford’s self-driving development since 2017, could help reduce the engineering… Continue reading A Ford-VW alliance with Argo could redraw self-driving sector

Now, Next, and Future: Julie Derence

A profile series that introduces our team and showcases what we’re working on. I’m Julie Derence and I am a senior software engineer at Uber ATG working to develop self-driving technology for Uber’s ride-sharing service. In my role at Uber ATG, I’m working as part of the team that is laying the foundation for the… Continue reading Now, Next, and Future: Julie Derence

India’s Rivigo raises $65M to expand its freight and logistics platform

Rivigo, a tech startup in India that wants to build a more reliable and safer logistics network, has raised $65 million as major investors continue to place big bet on opportunities in overhauling trucking system in the country. The Series E round, which has not closed, for the five-year-old startup was led by existing investors… Continue reading India’s Rivigo raises $65M to expand its freight and logistics platform

Why Lyft investor Autotech Ventures won’t touch scooter companies – Business Insider

Autotech Ventures, a San Francisco-based firm with a portfolio valued at nearly $200 million, has made investments in almost every segment of the red-hot transportation space. The fund invested in Lyft three years before its initial public offering this year and has other bets in everything from electric-vehicle charging networks, self-driving-car sensors, and apps that… Continue reading Why Lyft investor Autotech Ventures won’t touch scooter companies – Business Insider