Cars

Uber Board to Discuss CEO Leave of Absence and Report on Sexual Harassment

Uber Board to Discuss CEO Leave of Absence and Report on Sexual Harassment

Dennis Schaal, Skift

It's clear that Travis Kalanick, the embattled Uber co-founder and CEO, needs to go. Whether the board can push him out, given Kalanick's stake and leverage in the company, is another question.

1 month ago

Driverless Taxis With No Human Backups are Poised for Road Tests

Driverless Taxis With No Human Backups are Poised for Road Tests

Tom Krisher and Dee-Ann Durbin, Associated Press

Driverless vehicles, including taxis, shuttles and sharing-economy cars, are coming. How widespread the adoption will be is anyone's guess. The whole concept of a road trip may soon get redefined.

2 months ago

Uber Fires 20 Employees in First Step of Ongoing Sexual Harassment Probe

Uber Fires 20 Employees in First Step of Ongoing Sexual Harassment Probe

Eric Newcomer, Bloomberg

The hammer just came down at Uber but what steps are being taken to rebuild the company culture in a sustainable way based on respect and dignity? And what about Uber's drivers? When will they be viewed within the company as more than worker bees?

2 months ago

Toyota is Getting its Flying Car off the Ground — For a few Seconds

Toyota is Getting its Flying Car off the Ground — For a few Seconds

Yuri Kageyama, Associated Press

We're unimpressed with flying cars to date. Ping us when they make them driverless.

2 months ago

Uber Narrowed Its Losses in Q1 as Finance Chief Exits

Uber Narrowed Its Losses in Q1 as Finance Chief Exits

Eric Newcomer, Bloomberg

Hundreds of thousands of consumers, mostly in the U.S., have deleted its app, but Uber is a global company and its financial picture is improving. Still, Uber has a long way to go to prove to Wall Street that it will one day be a robust and profitable business.

2 months ago

Sharing Economy Tensions Lead to Torched Cars in Spain

Sharing Economy Tensions Lead to Torched Cars in Spain

Thomas Gualtieri, Rodrigo Orihuela and Maria Tadeo, Bloomberg

These kinds of clashes will be almost inevitable until workers being displaced by new technologies get adequate retraining and employment opportunities to make a transition.

2 months ago

CarTrawler Finds Itself for Sale Again

CarTrawler Finds Itself for Sale Again

Patrick Whyte, Skift

Business-to-business travel companies might not be as attractive as their business-to-consumer siblings but they can still command a hefty price tag. CarTrawler is one of Ireland's best-known travel tech companies, and a new owner would likely look to push the company into new areas.

2 months ago

Uber Owes Millions of Dollars to Its New York City Drivers

Uber Owes Millions of Dollars to Its New York City Drivers

Tom McElroy, Associated Press

Uber's very bad year only seems to be getting worse.

2 months ago

Car Rental Companies Have Too Many Vehicles and Not Enough Customers

Car Rental Companies Have Too Many Vehicles and Not Enough Customers

Andrew Sheivachman, Skift

Car rental giants are working to reduce fleet size following a period of reduced demand. But as ridesharing continues to grow in popularity on a global scale, these companies need to get creative about what the future of on-demand transportation really looks like.

2 months ago

A Brief Summary of Uber’s No Good Very Bad Year

A Brief Summary of Uber’s No Good Very Bad Year

Associated Press

And it is only May.

2 months ago

Uber Is Losing Its Legal Battles Across Europe

Uber Is Losing Its Legal Battles Across Europe

Stephanie Bodoni, Bloomberg

Uber has long claimed that its app doesn't make the company a taxi provider. European courts are rejecting this claim, and Uber's business model along with it.

2 months ago

Lyft Is Beating Its Financial Goals But Faces Long Road to Profitability

Lyft Is Beating Its Financial Goals But Faces Long Road to Profitability

Selina Wang and Eric Newcomer, Bloomberg

Lyft's growth shows that Uber still hasn't locked up the U.S. ridesharing market. The #DeleteUber backlash has certainly contributed to Lyft's gains.

3 months ago