Global ride hailing giant Uber, in its third round of layoffs in 10 weeks, has cut off staff from its self-driving unit and Uber Eats teams, The TechCrunch has reported. According to an email sent to staffers, Uber CEO Dara Khosrowshahi, those hit include staff from Uber Eats, Advanced Technologies Group and recruiting, performance marketing, as well as various teams within the global rides and platform departments. Several staffers have also been asked to relocate. "Days like today are tough for us all, and the ELT and I will do everything we can to make certain that we won't need or have another day like this ahead of us," Khosrowshahi wrote in the email, according to the report. In its last round of layoffs, the firm sacked 400 staffers from its 1,200-member marketing team globally to cut costs and streamline operations. The ride-hailing giant has had a rocky start after it became a publicly traded company. When it issued its initial public offering in May, its stock fell by … [Read more...] about Uber lays off 350 more across self-driving unit and Eats
Self driving car software company
Cruise is currently testing vehicles on the road in California that it plans to put into commercial use by the end of 2019 as it looks to compete with similar efforts from Waymo, Uber and Tesla. The company has petitioned the federal government to allow it to deploy cars without steering wheels or brakes, but has not yet received approval to do so. … [Read more...] about GM Cruise autonomous car company gets $1.15 billion investment ahead of 2019 launch
It’s an idea the company first pitched two years ago with an image of a Bolt’s interior without the controls as it began petitioning the National Highway Transportation Safety Administration to allow it to build and deploy such a vehicle on public roads. … [Read more...] about GM to debut autonomous car without a steering wheel, report says
But speed is complicated, whether on the ground or in the air. Harris said huge investments—both public and private—would be required to roll out high-speed rail across the U.S. Those funds would help overcome a range of roadblocks, from property ownership to environmental impacts. Meanwhile, Fujino said efforts are underway to solve some of the biggest challenges with supersonic air travel, including the public backlash caused by these aircraft’s sonic booms. The good news, both Harris and Fujino pointed out, is that these are all temporary hurdles. Transportation will continue moving forward as it always has—though it will do so more efficiently and safely thanks to new technologies and innovative approaches to mobility. … [Read more...] about What’s driving disruption in transportation?
Competition & Fact Check! The Kia Carnival offers a host of premium and luxury features, positioning it a segment between the Toyota Innova Crysta and the Mercedes-Benz V-Class. Hence, the Carnival MPV once launched in the Indian market, will not have any direct rivals in the country. … [Read more...] about Kia Carnival MPV Review (First Drive): Extravagance Personified!