News
Uber says it is not in fact exploring ways to bail from India
Uber has rejected a Bloomberg report claiming that it has explored exiting the India market, saying it has never considered such a move. Read more…
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Lyft is floundering as Uber thrives. The difference? It’s all about scale
Lyft and Uber had wildly different quarters revenue-wise. The reason is simple: in this business, size (and scale) really does matter. Read more…
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Airtel CEO Vittal compares fiber strategy to Uber as rollouts accelerate
Airtel chief Gopal Vittal credits adoption of an “Uber-like” digital model with helping it accelerate its fiber broadband rollouts in India. Read more…
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Disruption versus regulation – the battle of our times
Uber and fintech operating models and cost structures are good examples of disruption versus regulation – the battle of our times. Read more…
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Uber cans move to shift Asian HQ to Hong Kong – they are not alone
Uber Technologies Inc on Thursday halted a plan to move its Asian headquarters to Hong Kong in another business blow for the Chinese-ruled city Read more…
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Uber and Hyundai plan to jointly develop electric air taxis
Uber Technologies and Hyundai Motor plan to jointly develop electric air taxis joining the race for flying cars to ease urban congestion. Read more…
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India plans to order taxi aggregators to go electric
India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026. Read more…
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Grab-Uber deal fined again – this time in the Philippines
MANILA (Reuters) – The Philippines’ competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in Read more…
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Singapore fines Grab and Uber $9.5 million over merger
SINGAPORE (Reuters) – Singapore’s anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any Read more…
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Volvo unveils prototype electric robo-taxi
GOTHENBURG (Reuters) – Volvo Cars presented a fully electric robo-taxi on Wednesday, as the Geely-owned Swedish company races to meet an ambitious target for driverless vehicle sales with its Uber supply deal on hold. Besides Read more…
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Toyota invests $500m in Uber’s self-driving car program
(Reuters) – Toyota Motor Corp will invest $500 million in Uber to jointly work on developing self-driving cars, a source familiar with the matter said on Monday, a bid by both companies to catch up Read more…
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Singapore’s CCCS deems Grab-Uber merger anti-competitive
SINGAPORE (Reuters) – Singapore’s anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses. The Competition Read more…
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Uber sets sights on Japan with legit taxi-hailing pilot service
TOKYO (Reuters) – Uber Technologies plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the country where the US firm Read more…
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Vietnam deepens antitrust probe into Grab-Uber SEA deal
HANOI (Reuters) – Vietnam’s Ministry of Industry and Trade said on Friday it had launched an in-depth investigation into ride-hailing company Grab’s takeover of Uber Technologies’ Southeast Asia business after an initial probe found it Read more…
Features
Friday Futures: the birth of innovation, flying taxis and drone swarms
Welcome to Friday Futures, our weekly guide to the latest visions of The Future from around the web. This week: the birth of innovation; smart doorbells; copper futures; flying taxis; drone swarms and the leaning Read more…
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Hyping automated car capabilities spells legal trouble: lawyers
NEW YORK (Reuters) – Deadly crashes involving Tesla and Uber Technologies vehicles operating entirely or in part under automated systems have made a once-abstract problem very real for auto industry lawyers gathered at a recent Read more…
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Autonomous cars need safety standards (and alert humans): experts
(Reuters) – Autonomous cars should be required to meet standards on their ability to detect potential hazards and better ways are needed to keep their human drivers ready to assume control, US auto safety and Read more…
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Philippines and Malaysia scrutinize Grab/Uber SEA deal
MANILA/KUALA LUMPUR (Reuters) – The Philippines and Malaysia said on Monday they will look into whether Uber Technologies’ move to sell its Southeast Asian business to ride-hailing rival Grab hinders competition, days after Singapore began Read more…
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Let’s not pretend self-driving car risks are unique to Uber
The safety record for self-driving cars is actually better than the Uber accident makes it look, but it’s risky for rival firms to state it could never happen to them. ITEM: We don’t yet know what Read more…
Features
Uber cut corners on sensors for self-driving cars in 2016
TEMPE, Ariz./PITTSBURGH (Reuters) – When Uber decided in 2016 to retire its fleet of self-driving Ford Fusion cars in favor of Volvo sport utility vehicles, it also chose to scale back on one notable piece Read more…
