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Dara Khosrowshahi

Uber May Soon Let You Book Flight Tickets on its App Uber May Soon Let You Book Flight Tickets on its App
Politics / Technology

Uber May Soon Let You Book Flight Tickets on its App

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Waymo inks deal with Volvo to develop self-driving electric cars Waymo inks deal with Volvo to develop self-driving electric cars
Business / Politics

Waymo inks deal with Volvo to develop self-driving electric cars

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Agence France-Presse Waymo and the Volvo Cars Group have agreed to develop a self-driving electric vehicle designed for ride-hailing use, as part of a new global partnership, the companies said on Thursday. Waymo, a unit of Silicon Valley’s Alphabet, said it will be the exclusive global partner for Volvo Cars for developing self-driving vehicles capable of operating safely without routine driver intervention. Waymo will focus on the artificial intelligence for the software “driver.” Volvo will design and manufacture the vehicles. The companies said Waymo will work with Volvo’s global brands, including Polestar and Lynk & Co. Volvo, owned by China’s Zhejiang Geely Holding Group, has a separate agreement to deliver vehicles to ride-hailing company Uber that Uber will equip to operate as ...

Politics

Uber Lays Off 14% of Global Workforce due to COVID-19

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Sourced from CNet. Uber is laying off thousands of its employees as the ongoing pandemic continues to impact business. The company said in a filing on Wednesday that it is cutting about 3,700 full-time roles or roughly 14% of its staff on the company’s customer support and recruiting teams in response to the reduced volume of ride requests and the company’s hiring freeze. Uber also said in the filing that CEO Dara Khosrowshahi will waive his base salary for the rest of 2020. “Days like this are brutal. I am truly sorry that we are doing this, just as I know that we have to do this,” Khosrowshahi wrote in an email about the layoffs to staffers, which was viewed by CNN Business. /* custom css */ .tdi_3_5b8.td-a-rec-img{ text-align: left; }.tdi_3_5b8.td-a-rec-img img{ margin: 0 auto 0 0; } Th...