Aurora Innovation snaps it up in a $10 billion dollar deal
Taxi outfit Uber Uber has flogged off its self-driving arm to Aurora Innovation, the autonomous vehicle startup backed by Sequoia Capital and Amazon.
It can't drive without messing things up
After five years and an investment of around $2.5 billion, Uber's effort to build a self-driving car is a lemon.
Before paying them $100,000
Uber paid hackers $100,000 to delete 57 million user files but bizarrely got them to sign an NDA first.
Margins erode like dust in the wind
Google parent Alphabet missed analysts’ quarterly revenue estimates for the first time in at least two years and reported continuing erosion of its operating margin.
Because no one can create European Unity on an issue like David Cameron
Uber has hired an ex-adviser to former British prime minister David Cameron to lead the ride-hailing firm’s lobbying efforts in northern Europe, less than a month after the company won a reprieve to operate in London.
Lack of simulation software investment
Uber allegedly "neglected" simulation testing for its autonomous vehicles according to Insiders who were chatting to The Information.
The USA National Transportation Safety Board (NTSB) has issued a preliminary report about the first Uber pedestrian fatality. In short, the sensors worked and the software failed.
Chief Product Officer joins the brain drain
Uber Technologies Chief Product Officer Jeff Holden has cleaned out his desk at the ride-hailing company, the latest of more than a dozen senior executives to depart since last year.
Following the success of self-driving cars, Uber is promising quadcopter electric air-taxi service by 2023
Never mind Tesla, Uber or Google
The Pentagon will be using self-driving vehicles before they arrive in the streets according to Michael Griffin, the undersecretary of defense for research and engineering.