Uber said to be negotiating sale of self-driving tech to Toyota

Uber might begin selling its autonomous driving systems to outside companies, including major automakers, according to a new report from Japan’s Nikkei. The report claims that Uber has had talks with Toyota regarding supplying the automaker with self-driving tech, and that the two are currently in negotiations around how this would work, with talk of […]

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Travis Kalanick is launching a venture fund

 Travis Kalanick, the controversial co-founder and one-time chief executive of Uber is launching a new investment fund called the 10100 Fund. According to an announcement on his Twitter account, the new fund will focus on “large-scale job creation”. Investment areas are to include real estate, e-commerce, and emerging innovations in China and India. It’s the systemization of… Read More

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MIT to revisit ride-sharing study after Uber rebuttal

 The lead academic behind an MIT CEEPR research paper which casts doubt on the sustainability of driving for Uber or Lyft has accepted Uber’s criticism of how driver income data was gathered and said he will revise the research using more generous income calculations. Read More

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Uber CEO: Flying taxis will be a real business in 5-10 years

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Uber is looking to spread from the roads to the skies.

This week Uber CEO Dara Khosrowshahi recommitted to the company’s goal of offering flying taxis as a transportation option — and not in the distant future but in the next five to 10 years.

At a Tokyo investor forum Tuesday, Khosrowshahi said he saw flying cars as a viable option for Uber users to get around cities and nearby locations, according to Reuters. Read more…

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Uber could be profitable if it wants to, says CEO

 Uber lost $4.5 billion last year, but CEO Dara Khosrowshahi said he’s not worried. Speaking at the Goldman Sachs Technology and Internet Conference in San Francisco on Wednesday, the newly appointed chief defended the company’s financials, saying that “we can turn the knobs to get this business even on a full basis profitable, but you would sacrifice growth and sacrifice… Read More

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Uber CEO hopes to have self-driving cars in service in 18 months

 Uber CEO Dara Khosrowshahi was speaking to Bloomberg Editor-in-Chief John Micklethwait today at the new outlet’s event #TheYearAhead event, and he shared some more information about Uber’s plans around autonomy, and autonomous ride-hailing service rollout. “True autonomy for every single use case, is some ways away,” Khosrowshahi began, acknowledging that the problem is… Read More

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A look back at Uber’s hellish year

 We endured plenty of the drama Uber packed in for every five-hundred twenty-five thousand six hundred minutes of 2017 — and what a year! From protests to a major sexual harassment probe, the ousting of co-founder and CEO Travis Kalanick, the crowning of new CEO Dara Khosrowshahi, the promising hints of that long-awaited IPO and an on-going lawsuit with Google over self-driving cars.… Read More

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Uber appoints former Orbitz CEO Barney Harford as chief operating officer

 The long search is over for Uber’s chief operating officer. Former Orbitz CEO Barney Harford has formally accepted the position today. 1/ Thrilled to be joining @Uber as COO. Looking fwd to working w @dkhos again to help @Uber achieve its full potential https://t.co/gdnXJfFrjS — Barney Harford (@barneyh) December 20, 2017 In early March, former CEO Travis Kalanick disclosed he… Read More

View More Uber appoints former Orbitz CEO Barney Harford as chief operating officer