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WeRide (NASDAQ:WRD) and Uber Technologies (NYSE:UBER) plan to introduce commercial robotaxi services in the Greater Zurich Region later this year, extending their autonomous mobility partnership in Europe following a recent deployment announcement in Madrid. The service is expected to launch during 2026, pending approval from Switzerland’s Federal Roads Office (FEDRO).
If you have been on Instagram or TikTok recently, you've probably seen influencers telling you to purchase your plane tickets at the library or use a VPN to mask your location because of dynamic pricing that changes based on location and search frequency. Dynamic pricing, also known by monikers ...
(Bloomberg) -- Kuaishou Technology is in discussions with General Atlantic to lead a first round of financing for its video AI arm, seeking to secure a major US backer ahead of an initial public offering.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealRead the 14-Point Draft Memorandum Between the US and IranStudios in Microsoft’s Xbox Division Brace for ClosuresUS Set to Offer Iran Broad Financial Gains in
(Bloomberg) -- Taxi-hailing app provider Go Inc.’s shares advanced 10% in its trading debut on the Tokyo Stock Exchange on Tuesday, helping to support investor sentiment after the nation’s largest initial public offering so far this year. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS a
The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba's IPO, in second place.
By Jonathan Stempel NEW YORK, June 11 (Reuters) - Lyft joined Uber Technologies in suing New York City to block a new law they said would force them to keep bad drivers who threaten public and
New wholesale inflation numbers have reached their highest levels since March and November of 2022, respectively.
(Bloomberg) -- DoorDash Inc. introduced an in-app artificial intelligence chatbot to help customers make restaurant and grocery orders, and suggested the technology could also be used to unlock new enterprise revenue streams.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks S
For much of the past month, Wall Street has been chanting the same three letters: SPCX, the Nasdaq ticker SpaceX intends to use when it begins trading on June 12, 2026. Retail investors have piled into the Destiny Tech100 vehicle, prediction markets have lit up, and r/wallstreetbets has turned a single post titled “$8 to ... SpaceX IPOs on Friday. The 55% rule says don’t chase it.
At this point, any layoff news is not a surprise. And while the numbers often appear smaller in the company context, the impact on the people left to search for new jobs in this economy is significant. Despite the recent May jobs report, which said 172,000 new jobs were added, with over 90,000 ...
By Jonathan Stempel NEW YORK, June 10 (Reuters) - Uber Technologies sued New York City to block enforcement of a new law that it said would unconstitutionally force it to keep drivers it does not want
Uber Technologies sued New York City to block enforcement of a new law that it said would unconstitutionally force it to keep drivers it does not want on its platform. In a complaint filed late on Tuesday night, Uber said the law against "wrongful deactivations" would improperly shield drivers who engage in dangerous, threatening or other inappropriate behavior, threatening public safety and causing "immediate and irreparable harm" by undermining the company's reputation and goodwill. It said the law violates its free-speech and due-process rights under the U.S. Constitution, as well as New York's state constitution.
By Mirko Miorelli and Inti Landauro ROME, June 10 (Reuters) - Ride-hailing app Bolt launched operations in Milan on Wednesday in the first stage of a push to shake up the Italian urban transport
Find insight on Uber, Porsche, XPeng and more in the latest Market Talks covering Auto and Transport.
Uber said its users could sign up from Monday for a chance to ride in London's first robotaxis powered by AI technology from British start-up Wayve as soon as regulators give the go-ahead for launch, which it expects in the coming months. Autonomous vehicles are a strategic priority for the ride-hailing company, and it has partnered with more than 30 firms across the world on self-driving freight, delivery and taxi services, with millions of autonomous trips already taken. In London, it is working with Wayve to launch services that will work as regular UberX, Uber Electric or Uber Comfort, except the vehicle will be driven by AI.
Investing.com -- Tesla (NASDAQ: TSLA) is making progress in autonomous driving, but Waymo remains the clear leader in commercial robotaxi operations, according to a Barclays research note.
(Bloomberg) -- Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapWhat to Expect From Apple’s AI, Siri and iOS 27 Launch a
Uber (UBER) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Every company in America is being told to embrace AI. Very few are being honest about what will happen when the bill arrives. Uber (UBER) just became one of the first major technology companies to publicly acknowledge a problem that is quietly spreading across corporate America: AI tools are ...
Walmart is using its driver network to go toe-to-toe with food-delivery companies such as Uber Technologies and DoorDash.
Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll out 35,000 robotaxis using Lucid's Gravity SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.
The cuts, led by new president Jill Hazelbaker, affect recruitment and HR staff but represent less than 1% of Uber's 34,000 employees
Business owners increasingly explore tax strategy as expanded rules fuel broader adoption.
Serve Robotics, operator of a fleet of urban delivery robots, is expanding beyond food delivery to laundry delivery.
40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.
(Bloomberg) -- Walmart Inc. is limiting staff’s usage of an artificial-intelligence tool following high demand, illustrating how corporations are adjusting their calculations for incorporating the technology.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectStrait of Hormuz Ship Transits Are Rising Thanks to US HelpPro-Trump Outsider Wi
The announcement, which comes at the beginning of Nvidia’s GTC conference in Taipei, marks the latest move from Uber to roll out self-driving vehicles in Europe.
Uber and Israel-based Autobrains said on Monday they plan to launch a robotaxi programme in Munich in collaboration with U.S. chipmaker Nvidia, marking a push to scale autonomous ride-hailing in Europe. The companies said they aim to combine Uber's mobility network with Autobrains' "agentic AI" driving system, running on Nvidia's Drive Hyperion platform, with Munich set to serve as the first deployment city, pending regulatory approval. They said the programme is designed to move robotaxi services beyond isolated pilots by creating an "OEM-agnostic" model that can operate across multiple vehicle platforms and urban markets.
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