Uber Technologies has halted autonomous vehicle tests after one of its cars struck and killed a woman in Tempe, Arizona, in what is likely the first pedestrian fatality involving the technology. The 49-year-old woman, Elaine
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What makes Uber Technologies the most valuable venture-backed technology company in the world? Investors say size and growth. The business is transforming global transportation networks. On closer inspection of its
Henry Ford didn’t invent the motor car. The late 1800s saw a flurry of innovation by hundreds of companies battling to deliver on the promise of fast, efficient and reasonably priced mechanical transportation. Ford later came
Late last week, two Silicon Valley powers got into an online scrum over a technology that is neither developing nor likely to take off anytime soon. On his grand tour of Asia, Uber CEO Dara Khosrowshahi won
On any given day, there could be a half dozen autonomous cars mapping the same street corner in Silicon Valley. These cars, each from a different company, are all doing the same thing: building high-definition street maps
The first US commercial ride-hailing service without human drivers has been approved. Waymo, a unit of Google parent Alphabet, got a permit in late January from the Arizona department of transportation to operate as a
Speaking at a conference in San Francisco, Uber Technologies CEO Dara Khosrowshahi has rattled through the company’s ambitions: food delivery, freight, autonomous vehicles and even buses and bikes. Ultimately, Uber’s
Uber Technologies had a painful 2017, but the business managed to grow. Adjusted net revenue last quarter increased 61% to $2.2bn from the same period in 2016. Meanwhile, the total value of fares grew to $11bn that quarter
Uber Eats and Mr D Food may soon have a more formidable competitor. Ride-hailing firm and Uber rival Taxify and homegrown food delivery company OrderIn announced on Tuesday that they have partnered
Uber Technologies, whose losses have piled up in the quest for growth around the world, will be profitable within three years, said CEO Dara Khosrowshahi. Bending the company’s financial trajectory out of the red