Uber hopes to start operating demonstrator flights starting in 2020
(Reuters) - Toyota Motor Corp <7203.T> will invest $500 million in Uber to jointly work on developing self-driving cars, a source familiar with the matter said on Monday, a bid by both companies to catch up to rivals in the hotly competitive autonomous driving business.
Uber's lack of a CFO, and the protracted search for one, had worried investors
Uber first made its interest in self-driving cars public when it hired about 40 researchers and scientists from the National Robotics Engineering Center at Carnegie Mellon University in 2015
The US-based company's adjusted losses before interest, tax, depreciation and amortisation increased 32 per cent on sequential basis in June quarter from the year-ago period
Uber's net loss narrowed to $891 million in its second quarter ending June 30 from $1.1 billion a year earlier
Ride-hailing major attempts to strengthen community maps via data
The appointment of Atashzai comes less than a month after the company won a reprieve to operate in London.
The conduct is surfacing as Uber has been trying to turn itself around after a tumultuous 2017
CEO Dara Khosrowshahi confirmed her resignation in an email to staff
The San Francisco-based company had suspended its operations in Finland last year, pending the implementation of the new law
The 15-month licence is much shorter than the five-year one it was denied in September
Nationally, the number of these businesses rose two per cent in 2016 to 24.8 million across all industries
Uber India aims to reposition itself as an enabler of opportunities and make itself an everyday, aspirational brand
Uber is poised to face challenge from three other rivals, Spin, ofo and Lime, which are already operating in Seattle on one-year permits that expire in July
Uber has been without a head of driver product since Aaron Schildkrout left in December, after a three-year stint with the company.
The India languages that Uber is looking at are Hindi, Marathi, Tamil, Telugu, Kannada, Bengali and Gujarati
The Uber Lite app trims down several features of the full-fledged Uber app. This not only reduces the size of an app, but also makes it compatible with a wide range of smart devices
The Uber app was to shut down in two weeks, with customers told to download the Grab app and drivers encouraged to switch allegiances
By mining data, learnings can be applied to reduce the impact of traffic disruptions