Cars

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Uber Boosts Its D.C. Lobbying Spend Under CEO Dara Khosrowshahi

Uber Boosts Its D.C. Lobbying Spend Under CEO Dara Khosrowshahi

Naomi Nix, Bloomberg

CEO Dara Khosrowshahi inherited a slew of problems when he joined Uber as CEO last year. So it's no surprise the money it spends for lobbying in Washington is on the rise. But half a million dollars a quarter is still paltry compared to what other technology giants shell out. Lots of work remains to repair Uber's tarnished image, and that means more dollars will need to be spent in the nation's capital.

1 month ago

Ola Pushes for a Million Electric Vehicles on India’s Roads by 2021

Ola Pushes for a Million Electric Vehicles on India’s Roads by 2021

Saritha Rai, Bloomberg

Making this push toward electric ridesharing vehicles might be expensive, but it could really help improve the air quality in the world's second-most populous country.

1 month ago

FTC Chastises Uber for Breach of Personal Information Impacting 20 Million Users

FTC Chastises Uber for Breach of Personal Information Impacting 20 Million Users

Todd Shields, Bloomberg

We've seen this across many industries: systems get hacked and the affected companies sit on the information and delay informing their customers. Uber has to do way better than this. Amazon likely has some culpability in this latest incident, too, as it was storing Uber customer information.

1 month ago

Uber Looks to End Pay and Harassment Issues With $10 Million Settlement

Uber Looks to End Pay and Harassment Issues With $10 Million Settlement

Peter Blumberg, Bloomberg

Uber could get out from under a bunch of legal issues related to women charging everything from unequal pay to harassment if a judge okays a proposed settlement on Tuesday. If Uber can put these problems behind it, all eyes will be on whether it has learned its lesson going forward.

2 months ago

Lyft Doubles Down on Subscriptions to Keep Users Away From Uber

Lyft Doubles Down on Subscriptions to Keep Users Away From Uber

Emily Chang and Eric Newcomer, Bloomberg

Lyft is experimenting as Uber continues to be beset by setbacks. Using a subscription to lock a user to your service is a shrewd move, but it seems unlikely that price-sensitive U.S. consumers will be willing to plunk down hundreds of dollars in advance each month to either player.

2 months ago

Google’s Waymo Enters Self-Driving Car Luxury Sector With Jaguar Purchases

Google’s Waymo Enters Self-Driving Car Luxury Sector With Jaguar Purchases

Associated Press

Waymo isn't wasting any time as Uber's self-driving efforts have come under fire; it wants to establish itself as the leader in the automated vehicle space long before the technology eventually goes mainstream.

2 months ago

Uber Sells Southeast Asian Operation to Grab in Yet Another Foreign Exit

Uber Sells Southeast Asian Operation to Grab in Yet Another Foreign Exit

Yoolim Lee and Eric Newcomer, Bloomberg

The Southeast Asia sale to Grab follows Uber's exits in China and Russia as the company tries to get profitable ahead of an initial public offering. Uber retains stakes in these operations so one day it will share in the wealth.

2 months ago

Uber Suspends Testing After Self-Driving Car Kills Pedestrian

Uber Suspends Testing After Self-Driving Car Kills Pedestrian

Mark Bergen, Bloomberg

It was only a matter of time until an accident created a public conversation about the dangers of self-driving cars. Now that we're here, the backlash could force Uber, Waymo, and others to reexamine the safety of their autonomous vehicles.

2 months ago

Uber Drivers in Istanbul Face Cabbie Harassment and Violence

Uber Drivers in Istanbul Face Cabbie Harassment and Violence

Cagan Koc and Ugur Yilmaz, Bloomberg

Should Uber be regulated as a transport company and be subject to the same rules as ordinary taxis? It may be some time until the world reaches a consensus. Meanwhile, Uber drivers face bodily harm by protestors in Istanbul.

2 months ago

Uber’s Retreat From Southeast Asia Is Coming Soon

Uber’s Retreat From Southeast Asia Is Coming Soon

Shira Ovide, Bloomberg

Uber CEO Dara Khosrowshahi says the company isn't going to back down in Southeast Asia, even though Uber has already lost out to Grab in the region. It already succumbed in a battle for China, so admitting defeat in Southeast Asia would represent a major blow to its growth prospects.

2 months ago

Electric Taxis On the Road in London Are the Future as Mandated by Law

Electric Taxis On the Road in London Are the Future as Mandated by Law

Bloomberg

Even the iconic London taxi must give way to progress. In this case, much of the tradition is maintained, although the new cars don't pollute the air, and they're quiet.

2 months ago

Google’s Larry Page Invests in Flying Cars or Should We Just Call Them Helicopters

Google’s Larry Page Invests in Flying Cars or Should We Just Call Them Helicopters

David Fickling, Bloomberg

Today's flying car is basically a helicopter — when was the last time helicopter startups, including Blade or Voom, really disrupted transportation? We're just not that interested in how the royalty of Manhattan gets to JFK in four minutes.

2 months ago