Tag: Uber

Stop Uber From Flooding New York

On Tuesday evening, the New York City Council introduced a bill to place a temporary cap on the number of for-hire vehicles — the kind provided by services like Uber and Lyft — allowed on the city’s streets. It’s about time: In recent years these cars have flooded New York, clogging our streets and driving… Continue reading Stop Uber From Flooding New York

Actually, Curbing Uber Won’t Relieve Heavy Traffic

Are ride-sharing and -hailing services like Uber and Lyft causing road congestion? This has been the perception in cities across the country, and the companies have come under fire for it. In New York City, it has led to a proposal to curb, for a year, for-hire-vehicle companies from adding new driver’s licenses (except for… Continue reading Actually, Curbing Uber Won’t Relieve Heavy Traffic

Rideshare companies offered New York $100M to drop proposed regulations

Lyft, Uber and Via yesterday made an offer to succor New York City’s beleaguered taxi medallion owners: a $100 million relief fund paid over five years to cover the plight of these poor souls. But the city, in its arrogance, refused this generosity! How could they? Perhaps because the money was contingent on New York… Continue reading Rideshare companies offered New York $100M to drop proposed regulations

Uber Kills Self-Driving Truck Division, Clearing the Road for Tesla

BYE, BYE AUTONOMOUS SEMI. Just under two years ago, Uber bought Otto, a startup focused on developing self-driving trucks. Now, Uber is bidding adieu to its plans for autonomous shipping, at least for the time being. On Monday, the company revealed in a statement that it’s closing its self-driving truck division. Uber’s self-driving trucks were seen on… Continue reading Uber Kills Self-Driving Truck Division, Clearing the Road for Tesla

Lyft will pay you $550 to ditch your car for a month

Lyft is raising the stakes in its mission to dominate all modes of transportation in major cities. Starting in August, the ride-hailing company will offer 100 residents of Chicago $550 each in credit to Lyft and several other mobility services if they ditch their personal vehicles for a month. It’s a bold, if slightly gimmicky,… Continue reading Lyft will pay you $550 to ditch your car for a month

Grab defends position in Uber deal to Singapore’s anti-monopoly watchdog

SINGAPORE (Reuters) – Grab said on Friday it disagreed with the Singaporean anti-monopoly watchdog’s assessment that its takeover of Uber’s operations had harmed competition and called the commission’s suggested measure of removing exclusivity arrangements with drivers as “one-sided”. FILE PHOTO: A ComfortDelgro taxi passes Uber and Grab offices in Singapore March 26, 2018. REUTERS/Edgar Su/File… Continue reading Grab defends position in Uber deal to Singapore’s anti-monopoly watchdog

Look inside the new headquarters of self-driving car company Zoox in Foster City

Jul 26, 2018, 6:26am PDT Self-driving car company Zoox is on a growth streak in more than one sense, landing $500 million in new funding and moving into a new Foster City headquarters this year. Zoox’s $500 million funding round brought its valuation to $3.2 billion. The money will help fuel Zoox’s focus on building… Continue reading Look inside the new headquarters of self-driving car company Zoox in Foster City

After the Fatal Crash, Uber Revamps Its Robo-Car Testing

In the four months since an Uber self-driving car struck and killed a woman in Arizona, the ride-hail company’s autonomous vehicle tech has stayed off public roads. The governor of that state banned Uber from testing there; the company let its autonomous vehicle testing permit lapse in California; it pulled its vehicles off the streets… Continue reading After the Fatal Crash, Uber Revamps Its Robo-Car Testing

Uber hits 10 billion trips

Last month, Uber hit 10 billion completed trips across rides and deliveries, the company announced today. This comes about one year after Uber hit five billion trips. Lyft, Uber’s main competitor in the U.S., hit half a billion rides last October. Uber officially hit the milestone on June 10, 2018 when 173 trips and deliveries simultaneously… Continue reading Uber hits 10 billion trips