A Waymo engineer told us why a virtual-world simulation is crucial to the future of self-driving cars (GOOGL)

Editor’s note: Business Insider had the chance to speak with Waymo employees from different parts of the company to learn more about their work. What we discovered were some of the coolest jobs at Alphabet, Waymo’s parent company. This is the second in the series. For a brief history of Waymo, click here. Waymo has… Continue reading A Waymo engineer told us why a virtual-world simulation is crucial to the future of self-driving cars (GOOGL)

Nuro and Kroger are deploying self-driving cars for grocery delivery in Arizona today

Self-driving car startup Nuro is ready to put autonomous vehicles on the road in partnership with Kroger to deliver groceries in Scottsdale, Arizona. This comes a couple of months after Nuro and Kroger announced their partnership to offer same-day deliveries. This pilot will serve a single Fry’s Food and Drug location in Scottsdale starting today. Customers… Continue reading Nuro and Kroger are deploying self-driving cars for grocery delivery in Arizona today

Ford says slow-and-steady will win the self-driving car race

Ford doesn’t want to be the first company to offer self-driving cars to the public; it it wants to be the brand most synonymous with the word “trust” — at least, that’s what the company says in its self-driving safety report, which it delivered to the US Department of Transportation Thursday. The 44-page document, entitled… Continue reading Ford says slow-and-steady will win the self-driving car race

Uber losses widen as it pours cash into new ventures

Uber’s losses widened in its second quarter as it poured cash into new services, such as food delivery and autonomous car technology, and aggressively expanded its core ride-hailing services overseas.  The San Francisco-based company reported adjusted losses before interest, tax, depreciation and amortisation of $404m (£318m) for the three months to the end of June, compared to $304m… Continue reading Uber losses widen as it pours cash into new ventures

Uber narrows losses but growth slows

Uber narrowed its losses in the second quarter but remains a long way from turning a profit, according to company results published on Wednesday. The ride-hailing firm reported an $891m (£702m) net loss for the three months to 30 June, compared with a $1.1bn loss a year ago. Revenue growth slowed and the firm continues… Continue reading Uber narrows losses but growth slows

Uber reports Q2 losses of $404 million, up 32 percent from Q1

While Uber isn’t required to disclose its financial results, Uber has done so for the past few quarters as it gears up to go public next year. In Q2 2018, Uber’s net revenue was up 8 percent quarter-over-quarter, at $2.7 billion. Year-over-year, that’s a 51 percent increase. Uber recorded gross bookings — the total taken… Continue reading Uber reports Q2 losses of $404 million, up 32 percent from Q1

Uber investors reportedly want the company to sell its self-driving car program

Investors have told Uber Technologies Inc it would be wise to sell off its self-driving car unit after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue. Uber did not immediately… Continue reading Uber investors reportedly want the company to sell its self-driving car program

Uber told by investors to sell self-driving unit: The Information

(Reuters) – Investors have told Uber Technologies Inc [UBER.UL] it would be wise to sell off its self-driving car unit after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue. The… Continue reading Uber told by investors to sell self-driving unit: The Information

Uber is on a hiring spree in Singapore despite ‘exiting’ Southeast Asia

Uber agreed to sell its Southeast Asia business in March, but it isn’t leaving the region. In fact, the U.S. firm is doubling down with plans to more than double its staff in Singapore. That’s right. Uber is currently in the midst of a major recruitment drive that will see Singapore, the first city it… Continue reading Uber is on a hiring spree in Singapore despite ‘exiting’ Southeast Asia

Continental Recognized by Forbes as one of The Best Employers for Women

Continental is one of seven automotive companies to make Forbes’ inaugural ranking Expansion of work-life balance initiatives with a focus on flexibility continues Earlier this year Forbes recognized Continental as one of America’s Best Employers for the third year in a row Auburn Hills, Mich., Aug. 14, 2018 – The technology company Continental was recently… Continue reading Continental Recognized by Forbes as one of The Best Employers for Women