Uber beats on revenue, announces $20 billion stock buyback

watch now Uber reported second-quarter results on Wednesday that beat on revenue and announced the authorization of a $20 billion stock buyback. Here’s how the company did versus analysts’ estimates compiled by LSEG: Earnings per share: 63 cents vs. 63 cents expected. Revenue: $12.65 billion vs. $12.46 billion expected. Here are the key segment numbers: Mobility (gross bookings): $23.76 billion, up… Continue reading Uber beats on revenue, announces $20 billion stock buyback

U.S. Robo Taxi Market Analysis Report 2025-2030, with Profiles of Waymo, Cruise, Tesla, Aptiv, Uber Technologies, Lyft, Zoox, Aurora Operations, Nuro, and Gatik

Company Logo Explore the booming U.S. Robo Taxi Market, projected to grow at a 74.6% CAGR from 2025-2030. Fueled by urban policies and innovation from tech giants like Waymo and Uber, the market thrives on autonomy and affordability. Discover trends in the latest report on market growth, competitive strategies, and more. Dublin, Aug. 06, 2025… Continue reading U.S. Robo Taxi Market Analysis Report 2025-2030, with Profiles of Waymo, Cruise, Tesla, Aptiv, Uber Technologies, Lyft, Zoox, Aurora Operations, Nuro, and Gatik

Is GM’s Super Cruise Keeping it Competitive in the Auto Tech Race?

U.S. legacy automaker General Motors GM is solidifying its position in the driver-assistance game with its hands-free Super Cruise technology. Launched in 2017, Super Cruise was the first true hands-free driving system for highways in the industry. It works on pre-mapped, divided roads using a combination of cameras, sensors, GPS and LiDAR-based maps to keep… Continue reading Is GM’s Super Cruise Keeping it Competitive in the Auto Tech Race?

Tesla’s UK sales plunge 60% as BYD surges

Tesla’s (TSLA) new car sales plummeted in the UK in July, with Chinese EV maker BYD (1211.HK) selling over three time more vehicles, according to industry data. Figures from the Society of Motor Manufacturers and Traders (SMMT) showed Tesla’s new car sales dropped by nearly 60% to 987 units last month, down from 2,462 a… Continue reading Tesla’s UK sales plunge 60% as BYD surges

ClearSky and Vibes Sign Groundbreaking RCS for Business Agreement, Opening New Revenue Streams for Regional Carriers

ORLANDO, Fla., Aug. 6, 2025 /PRNewswire/ — ClearSky Technologies, a long-standing leader in mobile messaging innovation, has expanded its partnership with Vibes through a first-of-its-kind agreement enabling RCS for Business campaigns to flow from Vibes’ enterprise clients to regional wireless carriers across the U.S. Building on their successful collaboration in the A2P messaging space, this… Continue reading ClearSky and Vibes Sign Groundbreaking RCS for Business Agreement, Opening New Revenue Streams for Regional Carriers

BingX Showcases the Future of Web3 at GM Vietnam: AI as a Tool for Dignity and Agency

PANAMA CITY, Aug. 6, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, successfully wrapped up its participation at GM Vietnam 2025, one of Southeast Asia’s largest blockchain gatherings. Vivien Lin, Chief Product Officer at BingX, delivered a keynote speech outlining BingX’s vision for the future of Web3 and AI, and detailed… Continue reading BingX Showcases the Future of Web3 at GM Vietnam: AI as a Tool for Dignity and Agency

Coupa’s New Tariff Planning & Modeling App Safeguards Margins and Minimizes Disruption

Data-backed, strategic supply chain design and planning app enables global customers to swiftly pivot in response to global trade policy shifts and market uncertainty FOSTER CITY, Calif., Aug. 6, 2025 /PRNewswire/ — Coupa, the leading AI platform for total spend management, announces its Tariff Impact Planning (TIP) app, part of Coupa’s Supply Chain Solutions suite, designed… Continue reading Coupa’s New Tariff Planning & Modeling App Safeguards Margins and Minimizes Disruption

Vauxhall Frontera Electric now offers 253 miles for sub-£28k

Vauxhall has added a new Extended Range version of its new Frontera Electric crossover, offering up to 253 miles per charge for less than £28,000. The longer-legged version of Vauxhall‘s Ford Puma Gen-E rival switches the standard 44kWh battery for a 54kWh pack that adds up to 67 miles between charges on the WLTP test… Continue reading Vauxhall Frontera Electric now offers 253 miles for sub-£28k

@VW Group: Fifth place for Porsche Penske Motorsport at Road America010493

After a hard-fought race, the two former Porsche Juniors crossed the finish line in fifth place at Road America in their Porsche 963. Their fellow factory drivers, Felipe Nasr and Nick Tandy, finished eleventh following a time penalty. Nonetheless, they continue to hold second place in the drivers’ standings, while Porsche also maintains its lead… Continue reading @VW Group: Fifth place for Porsche Penske Motorsport at Road America010493

Chevy Bolt EUV goes full Boat Mode in Texas floodwaters [video]

Electric cars don’t have intakes and exhausts, so they can’t get hydrolocked in deep water the way ICE-powered cars can – but that doesn’t make them amphibious. Nobody told this Texan Chevy Bolt EUV owner that, and when they got caught on the wrong side of the floodwaters, they licked the stamp and sent it! The… Continue reading Chevy Bolt EUV goes full Boat Mode in Texas floodwaters [video]