In Brief Waymo and Uber’s self-driving systems use LIDAR technology to navigate traffic. But Tesla CEO Elon Musk says cameras — not LIDAR — are the way to go. Vision of the Future Elon Musk recently reiterated his stance that Light Detection and Ranging (LIDAR) technology is not a critical component of autonomous driving systems.… Continue reading Elon Musk Calls Out LIDAR Tech as “A Crutch” in Autonomous Vehicles
Tag: Uber
Carmakers have less than a decade to reinvent themselves or die, warns Sergio Marchionne
Sergio Marchionne, one of the longest-serving CEOs in the auto industry, has a stark warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Carmakers have less than a decade to reinvent themselves or die, warns Sergio Marchionne
Report: Ride Hailing Accounted for 65% of Business Travel Expense Transaction Volume in 2017
Photo via Mark Warner/Flickr Automated travel and entertainment expense management software provider, Certify, announced the results of its fifth, full-year SpendSmart Report with analysis of U.S. business travel and expense spending trends for 2017. The Certify SpendSmart report tracks business travel expense spending across major categories such as food, airlines, lodging, and car rental. The… Continue reading Report: Ride Hailing Accounted for 65% of Business Travel Expense Transaction Volume in 2017
Volvo Cars reports record operating profit of SEK14.1 billion in 2017
Volvo Cars reports record operating profit of SEK14.1 billion in 2017 Volvo Cars, the premium car maker, has reported a strong 27.7 per cent increase in operating profit in 2017, earning a record SEK14.1 billion compared to SEK11.0 billion in 2016, driven by global sales of 571,577 cars. Net revenue for the period… Continue reading Volvo Cars reports record operating profit of SEK14.1 billion in 2017
Lyft considered buying the startup at the center of Alphabet’s suit against Uber
The timeline of events leading up to Uber’s acquisition of self-driving trucking startup Otto has always been a bit muddled. But Alphabet’s lawsuit against Uber, which centers on that acquisition, has yielded more information about that deal. Today, on the third day of trial in the U.S. district court for the Northern District of California,… Continue reading Lyft considered buying the startup at the center of Alphabet’s suit against Uber
600,000 Free2Movers within a year of launch!
• 600,000 app users in 8 countries• Another 2 launches, in Belgium and Portugal• Access to over 30 mobility services A year after its launch on 2 February 2017, the Free2Move app today boasts 600,000 users worldwide and over 30 key partners.The app allows users to identify a range of nearby mobility services, helping them… Continue reading 600,000 Free2Movers within a year of launch!
Groupe PSA: 600,000 Free2Movers Within a Year of Launch!
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): A year after its launch on 2 February 2017, the Free2Move app today boasts 600,000 users worldwide and over 30 key partners. The app allows users to identify a range of nearby mobility services, helping them find a shared car, scooter or bike. After comparing features, price and… Continue reading Groupe PSA: 600,000 Free2Movers Within a Year of Launch!
Uber quits GitHub for in-house code after 2016 data breach
Code trove wasn’t to blame: Uber didnâ????t have multifactor authentication on repos that included AWS credentials Uberâ????s confessed that it didnâ????t use multifactor authentication on its GitHub account, an omission ultimately led to the data breach it revealed in 2017 after keeping it secret for more than a year, after using its bug bounty program… Continue reading Uber quits GitHub for in-house code after 2016 data breach
Fixing, Maintaining, and Modernizing our Transportation Infrastructure
Fixing, Maintaining, and Modernizing our Transportation Infrastructure By Danielle Burr, Head of Federal Affairs Alongside government officials, citizens, and the rest of the business community, we understand how important the role of government policy and funding is to the maintenance and modernization of America’s transportation infrastructure. These are the principles that inform our thinking and… Continue reading Fixing, Maintaining, and Modernizing our Transportation Infrastructure
Dara Khosrowshahi on the Power of Shared Mobility
Dara Khosrowshahi on the Power of Shared Mobility Uber’s CEO says moving past private car ownership will benefit the economy and the environment ‘The goal of reducing private car ownership is one we share with cities across the globe,’ says Uber CEO Dara Khosrowshahi. PHOTO: STIAN RASMUSSEN By Dara Khosrowshahi, Chief Executive Officer For the first… Continue reading Dara Khosrowshahi on the Power of Shared Mobility