Although this is Uber’s second such retreat from Southeast Asia, the deal suggests that Uber is taking a defensive positioning for a potential counter-offensive especially with its CEO Khosrowshahi gaining a foothold in Grab’s board. On Monday, in a move that marks Uber Technologies Inc’s second retreat from the Asian, the ride services firm has…
Determined to not lose its license in London and in the UK, the ride services company has appointed a banking executive to better engage its UK team with the country’s authorities. In a strategic step, Uber has appointed Laurel Powers-Freeling, as its chairman for UK, its most important European market, as it readies itself for…
The new tactical approach has already starting paying dividends: the Norwegian government has recommended to repeal certain provisions related to taxis while the EFTA surveillance authority has ruled in Uber’s favor saying the Norway’s restrictions on taxi licenses were illegal. On Monday, Uber stated it would suspend UberPOP, its unlicensed service in Oslo and wait…
In a historic development, a U.S. senate panel has overwhelmingly approved a bill aimed at reducing the time gap before robotic self-driving cars are deployed on U.S. roads. In a development that will lend further momentum to automakers, a U.S. Senate panel has unanimously approved a bill aimed at speeding the deployment of self-driving vehicles…
With the explosion of interest in self-driving technology, carmakers are scrambling to corner market share. As per a senior executive from the company, Ford Motor Co is considering to deploy self-driving vehicle technology in larger commercial vehicles and is working with multiple partners to deploy this strategy on autonomous vehicles on the road. “We’ve been…
In the future, human truck drivers are likely to be restricted to local deliveries and pickups. On Thursday, Alphabet’s autonomous car driving division, Waymo, disclosed that the company is working on developing self-driving trucks. The company is looking for expand into self-driving trucks after it made significant headway in developing self-driving cars. It expects self-driving…
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