Tag Archives: Uber

Tuesday, 6 December 2016 SAN FRANCISCO: Uber announced it was buying the artificial intelligence group Geometric Intelligence, to form the core of the ride-sharing giant’s own research centre.  The move signals a stepped-up effort in artificial intelligence, helping research efforts to bring self-driving car technology into the mainstream.  The acquisition, …

Thursday, 1 September 2016   Uber Technologies Inc has plucked a top executive from US retailer Target to help lead the growing ride-services company and reshape its image. Uber said on Aug 30 it hired Jeff Jones, chief marketing officer for Target Corp, to oversee the bulk of its global …

Friday, 26 August 2016 SAN FRANCISCO: The on-demand car ride service Uber lost at least $1.27 billion in the first half of this year, Bloomberg reported on Thursday, citing sources close to the matter. As a private company, San Francisco-based Uber is not obliged to disclose details of its financial …

Monday, 22 August 2016   SEPANG: Taxi operators should transform to stay competitive in the industry, said Transport Minister Datuk Seri Liow Tiong Lai. Taxis, he said, still had their own advantages and market share despite competition from e-hailing services such as Uber and Grab. “If we look deeper, we …

Tuesday, 26 September 2017 :  Uber’s chief executive apologised on Monday for the taxi app’s mistakes in London and promised to change as the firm fights a decision by the city not to renew its licence. On Friday, the British capital’s transport regulator deemed Uber unfit to run a taxi …

Thursday, 24 August 2017 :   Figures published by news website Axiosshow the ride-sharing company’s revenues are increasing, its losses are narrowing, and global bookings are up 150% on this time last year. It means the most talked-about company in Silicon Valley has been apparently unscathed by the unprecedented series of …

Tuesday, 22 August 2017 :  Tesla is indicating it’s serious about introducing an electric semi by seeking permission to test self-driving versions in California and Nevada. Spokespeople for the Department of Motor Vehicles in California and Nevada confirmed meetings were scheduled in California for yesterday and previously held in Nevada. …

Wednesday, 9 August 2017 : ALPHABET Inc’s Google has fired an employee who wrote an internal memo that ascribed gender inequality in the technology industry to biological differences. James Damore, the engineer who wrote the memo, confirmed his dismissal saying that he had been fired for “perpetuating gender stereotypes,” in …

Friday, 4 August 2017 :  Uber is expanding Uber Freight, the app that matches independent truckers with shipping companies. The app, which Uber launched back in May, will now start featuring short, medium, and long-haul routes in major markets like California, the Carolinas, Arizona, and the Chicago-Midwest region, according to …

Monday, 17 July 2017   HONG KONG: Ride-sharing company Uber Technologies Inc said on Monday it will suspend operations in the former Portuguese territory of Macau from July 22 as it could “not secure a business environment” to “unlock the full benefits of ride-sharing”. Uber, in its official website, said …