GM’s Cruise robotaxi business is latest growth initiative to falter

GM’s Cruise robotaxi business is latest growth initiative to falter

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth. … Read more

Uber offers robotaxi rides in Abu Dhabi, partnership with WeRide

Uber offers robotaxi rides in Abu Dhabi, partnership with WeRide

Uber and WeRide are partnering to offer robotaxi service in Abu Dhabi. Courtesy Uber Technologies, Inc. Uber is partnering with China’s WeRide to offer autonomous vehicle rides in Abu Dhabi, the United Arab Emirates, the companies announced Friday. To start, each WeRide robotaxi that’s hailed via the Uber app will come with a human driver … Read more

Can Starbucks fix long lines at its airport cafes?

Can Starbucks fix long lines at its airport cafes?

Customers wait in a long line at a Starbucks cafe in a terminal at Miami International Airport, in Miami, Dec. 12, 2022. Jeff Greenberg | Universal Images Group | Getty Images Air travelers face a host of headaches on their journeys: slow security lines, long waits for plush lounges, the threat of delays or cancellations … Read more

Barry Diller on potential Uber-Expedia deal: It's not going to happen

Barry Diller on potential Uber-Expedia deal: It's not going to happen

Barry Diller, IAC and Expedia chairman and senior executive, joins ‘Squawk Box’ to discuss the state of the 2024 election, his support for Vice President Kamala Harris, his thoughts on Elon Musk, Uber’s potential acquisition of Expedia, media landscape, and more. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of … Read more

Uber CEO Dara Khosrowshahi on Q3 results: Incredibly optimistic about where we're going from here

Uber CEO Dara Khosrowshahi on Q3 results: Incredibly optimistic about where we're going from here

Uber CEO Dara Khosrowshahi joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, the company’s delivery business, interest in Expedia, M&A strategy, autonomous strategy, and more. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is … Read more

The company needs to keep expanding

The company needs to keep expanding

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Bradley Tusk, Tusk Ventures CEO, joins ‘Squawk Box’ to discuss news of Uber considering a bid for travel booking company Expedia, antitrust concerns, impact of the 2024 election on the possible deal, and more. 08:06 Fri, Oct 18 20248:54 AM EDT Read … Read more

Acquiring Expedia would be a ‘major strategic home run’ for Uber, says Wedbush’s Dan Ives

Acquiring Expedia would be a ‘major strategic home run’ for Uber, says Wedbush’s Dan Ives

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dan Ives, Wedbush Securities managing partner, joins ‘Squawk Box’ to discuss news of Uber exploring a possible bid for the travel booking website Expedia, why he believes the potential deal would make sense for Uber, and more. 04:32 Thu, Oct 17 20248:02 … Read more

Uber not in active bid talks with Expedia

Uber not in active bid talks with Expedia

CNBC’s Deirdre Bosa reports on news from Uber and Expedia. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the … Read more

Uber discussed a bid for travel booking company Expedia

Uber discussed a bid for travel booking company Expedia

Uber discussed a bid for travel booking company Expedia, CNBC confirmed, in a deal that would push the ride-share company into new markets beyond car travel and food delivery. The talks were in early stages, according to a person familiar with the discussions who asked not to be named since the talks are confidential. It … Read more

Ride-sharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors

Ride-sharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors

The Uber logo is seen in the rain in Krakow, Poland, on Jan. 6, 2024. Klaudia Radecka | Nurphoto | Getty Images Tesla‘s hyped robotaxi unveiling posed a threat to Uber‘s ride-sharing aspirations, but it has turned into a boon for the stock instead. Uber shares had been falling on the initial investor excitement leading up … Read more