A former Google engineer has been charged with stealing self-driving car technology from the company shortly before he joined Uber.
Bolt, the ride-hailing service formerly known as Taxify, said it has begun operating a food-delivery business in its native Estonia, and will launch in other European and African countries next year.
The ride-hailing company reported second quarter adjusted sales that fell short of estimates and posted a net loss of $5.24-billion, by far the largest ever for the business.
Even by the standards of Uber Technologies, $5-billion is a lot to lose in three months of doing business. Yet, that’s the amount analysts expect to see for the second quarter.
It would be prudent to focus primarily on job creation in South Africa before crushing potential growth areas with formal prescriptions. By Gwen Ngwenya.