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Uber Eyes Cuts as Losses Continue to Mount

Uber Eyes Cuts as Losses Continue to Mount

After piling up big losses, Uber is looking to trim costs, raising fears among employees that more layoffs are coming as part of the retrenchment. An Uber spokesman told Bloomberg that the San Francisco-based company has paused hiring new software engineers and...
Utah Man Injured Riding in Autonomous Shuttle

Utah Man Injured Riding in Autonomous Shuttle

A 76-year-old passenger riding in an autonomous shuttle has been injured after the vehicle came to an unexpected stop, according to multiple media reports. Gene Petrie, an employee of the Utah State Tax Commission, was thrown from his seat and hit the handrail near...
Opinion: What’s Behind the Uber Marketing Massacre?

Opinion: What’s Behind the Uber Marketing Massacre?

It’s not been a good couple weeks for the ride-sharing industry, on the whole. Cruise Automation, the General Motors autonomous technology unit, has indefinitely delayed the launch of its self-driving service. And Lyft, the second-largest U.S. ride-share operation,...
Uber Not Likely to Be Profitable for a “Few Years”

Uber Not Likely to Be Profitable for a “Few Years”

Uber investors hoping to strike gold with the company’s profits in the future are going to be disappointed, according to one senior executive at the company. Profitability for the ride-hailing giant is “a few years away,” said Uber’s chief technology officer...
Apple Saves Drive.ai Days Before it Would Shut Down

Apple Saves Drive.ai Days Before it Would Shut Down

The once-promising autonomous vehicle start-up Drive.ai has found itself a white knight, just days before it was set to shut down, and it signals that tech giant Apple remains serious about entering the self-driving car market. It had been rumored for weeks that Apple...
Uber, Lyft Drivers Have Poor Recall Repair Record

Uber, Lyft Drivers Have Poor Recall Repair Record

Less than a week ago, the world discovered that Uber, Lyft and other ride-hailing service vehicles are the dirtiest ways to get someone to drive you somewhere. Now it may also be that they are the least safe, according to a new study. Consumer Reports claims that one...