Uber In Negotiations to Purchase Postmates

Uber Technologies is reportedly in negotiations to acquire Postmates, specifically for the purpose of incorporating the brand’s food-delivery services into Uber Eats and cashing in government lockdowns that look to ensure 2020 remains a perfectly dismal year.

Our collective loss may end up being Uber’s gain, however.

With constraints easing in most regions, ridership is slowly creeping back up. That will undoubtedly continue as risk-adverse urbanites choose to avoid the subway and bus lines for months to come.

Meanwhile, new restrictions on dining establishments are effectively forcing delivery services to become an umbilical cord between restauranteurs and their customers. Now is the perfect time to get a bead on the market and make moves, ensuring your place as the all-important middle man.

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Uber Goes Old School With New Delivery Services

With a pandemic suppressing the world’s need for transportation, Uber has kept itself busy by offering free rides to healthcare workers and expanding its food-delivery service, Uber Eats. Initially, that meant activating the program in more countries. The ride-hailing company has since added ways for businesses to manage meal plans for employees working from home while attempting to supply drivers with masks and disinfectant sprays.

This week, the company said it will expand the ways in which customers interface with these services. But this new method has been popular for well over a century. In a bid to encourage older Americans to use its food-delivery services, Uber has implemented a telephone line designed to help Luddites trapped in their homes. Customers can now dial a toll-free number and discuss menu options with an Uber representative who will help then finalize and pay for their order.

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Uber Establishes Oversight Board for Self-driving Development

Uber has formed an independent board tasked with overseeing its autonomous vehicle program. As outsiders, they’ll have no official authority within the company. But the six-member group will have direct access to executive years, and will be using them to advise the business on how best to test and deploy new technologies.

Dubbed the Self-Driving Safety and Responsibility Board, the group was formed after one of Uber’s test vehicles struck and killed a pedestrian in March 2018. An external review commissioned by the company following the incident recommended the board’s formation, with support from the NHTSA.

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Uber's Quarterly Losses Reach $1.1 Billion in Third Quarter

Uber’s in a bit of trouble after quarterly losses surged to $1.1 billion dollars. The ride-hailing giant has watched its sales growth dwindle this year, despite an expensive attempt to promote its global expansion.

It’s not the kind of thing you want to see from a company at the forefront of “revolutionizing” the automotive sector, especially since so many automakers seem keen on copying aspects of its business model.

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Toyota Investing $500 Million Into Uber for Driverless Partnership

Toyota Motor Corp. is set to drop about $500 million into Uber Technologies Inc. under an agreement that will see both companies work jointly on self-driving vehicles. The ultimate goal is for Toyota to bring to market its own autonomous vehicles using some of Uber’s hardware, with direct access to its ride-sharing network.

According to the automaker, the initial push will use the Sienna minivan as a platform for the “Autono-MaaS” (autonomous-mobility as a service) fleet. This makes the arrangement sound very similar to Waymo’s deal with FCA, which allows Alphabet’s autonomous arm to use the Chrysler Pacifica as a test platform for its self-driving hardware in exchange to having improved access to autonomous technology. However, Toyota said the partnership’s primary goal is improving safety and lowering transportation costs for the public.

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North American Skies Will Be Filled With Flying Cars in 10 Years: Uber CEO

Uber Technologies Inc.’s chief executive, Dara Khosrowshahi, predicts a nearish future where civilians whiz around in sky-bound automobiles.

“There will be people flying around Dallas, Texas,” Khosrowshahi said at the Digital Life Design conference in Munich, his first work-related appearance in Europe since taking over as Uber’s CEO last year. “I think it’s going to happen within the next ten years.”

Considering we’ve been waiting on flying cars for roughly 100 years, what’s another decade?

We’re kidding, of course. Anyone with a modicum of common sense understands that mass-produced floating automobiles are pure fantasy. Work on such vehicles hasn’t really progressed all that swiftly and there’s been no breakthroughs in the technology, either. The best anyone seems to be able to do is build massive drones ( which crash) or automobiles that can be converted into airplanes.

Does that make Khosrowshahi a bearded liar?

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Uber Might Be Getting Into Hot Water Over 'Hell' Software

Uber has undertaken a concerted effort to clean up its corporate act, but holdovers from its more aggressive era continue getting the ride-hailing firm into trouble. Currently, the Federal Bureau of Investigation is checking into Uber Technologies Inc. to see if it had used software to illegally interfere with its competition from 2014 to 2016.

The program in question, which Uber calls “Hell,” was the focus of an April lawsuit where a former Lyft driver asked for $5 million in damages. By creating dummy accounts, Hell is supposedly able to track the areas where its rivals are doing business and better-compete by adjusting pricing or offering discounts to their customers. It’s also a way to see if Uber employees are double dipping by simultaneously working for Lyft.

It’s not the first time the company has been cited for playing on the fringes of legality. In addition to a high-profile court case against Alphabet’s Waymo over trade secrets, Uber has also been accused of testing self-driving vehicles without state approval, and using its “Greyball” software to hide from police and public officials.

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Uber Fires Notorious Engineer After Failing to Cooperate With Investigation

Uber Technologies Inc. has fired Anthony Levandowski, the engineer at the center of the company’s legal battle with Google and Alphabet’s self-driving division Waymo. The company confirmed the departure Tuesday, after weeks of Levandowski remaining silent as the court attempted to make sense of what had taken place between the two companies (as well as Uber’s own internal investigation).

The Waymo’s lawsuit alleges Levandowski stole proprietary information relating to their self-driving vehicles, which he then handed to Uber. In May, U.S. District Judge William Alsup stated that he believed there was evidence to suggest Uber had gained trade secrets belonging to Google and that Levandowski should be removed from his lead engineering role. However, the ride-sharing firm claims he was taken off autonomous development in April.

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Pittsburgh is Getting Tired of Uber's Corporate Nonsense

Pittsburgh boasts more bridges than any other city its size and Uber seems intent on burning every single one. After the ride-hailing company offered to test its autonomous platform in the city, Pittsburgh welcomed it with open arms. Now it’s starting to seem like it got a raw deal. Uber has become like the city’s drug-addicted teen — permitted to stay, despite very disappointing behavior and repeated broken promises. You get the sense its only one big screw-up away from being thrown out on its ass.

It hasn’t even been a full year and residents and officials are already claiming Uber has already let the city down. You have to place some of the blame on Pittsburgh for enabling Uber’s uncouth behavior, but it didn’t force it to abandon corporate citizenship. In the last nine months, Uber has withdrawn its promised support of Pittsburgh’s bid for a $50 million federal transportation grant and completely failled at creating jobs it promised struggling communities. It has also started charging fares for its driverless taxis, something the city initially assumed would be free in exchange for the company having the privilege of testing there.

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Uber Builds New AI Team North of the Border as It Battles Lawsuit in the U.S.

Uber must be feeling somewhat confident in its legal battle with Waymo over stolen autonomous tech, because it’s assembling a new artificial intelligence team in Canada.

The group will serve as part of Uber’s Advanced Technologies Group, which has found itself at the core of the lawsuit, and focus on enhancing the company’s autonomous vehicle software.

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Judge Says There's 'No Smoking Gun' in Waymo's Autonomous Car Case Against Uber

The U.S. judge hearing Alphabet and Waymo’s case against Uber Technologies over pilfered trade secrets stated Wednesday that the inquest lacked clear evidence of any wrongdoing — making his decision on whether to issue an injunction against the ride-hailing service a difficult one.

U.S. District Judge William Alsup — who has already proven himself a no-nonsense individual — explained while there was undisputed proof engineer Anthony Levandowski had downloaded 9.7 gigabytes of company files prior to leaving Alphabet Inc.’s autonomous vehicle program, there wasn’t enough to indicate he conspired directly with Uber to share those trade secrets.

With nearly the entirety of the case revolving around that singular incident, this is a major problem for Waymo.

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Uber Demotes Employee at the Core of Self-Driving Technology Lawsuit

Anthony Levandowski, the man at the nucleus of Alphabet Inc.’s intellectual property lawsuit against Uber Technologies, has abandoned his position as the team lead for the firm’s autonomous vehicle development.

Uber explained that Levandowski’s new role is less critical and has no authority over the company’s LIDAR technology, which he is accused of stealing from Alphabet’s Waymo when it was still part of Google. Since the lawsuit, Uber has done everything possible to distance itself from the man without outright firing him.

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As Uber Implodes, President Jeff Jones Cancels His Six-Month Ride

Uber’s president Jeff Jones is quitting the car-hailing business after a brief six-month stretch.

Jones’ choice of a swift departure is essentially down to the company’s controversy laden decisions and apparent degenerate corporate culture. In addition to allegations of widespread sexual harassment, Uber has managed to routinely anger local governments by ignoring autonomous testing laws and by employing algorithms that denied service to potential investigators, regulators, or law enforcement officials. It’s also been accused of property theft, and CEO Travis Kalanick is exhibiting behavior unlikely to win people over.

It’s a real shit show.

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  • Foo Eh. Net present value is in the red, once you add in rapidly rising insurance, late by months basic repairs-and-no availability, battery replacement, future hazmat recycling fees, and even faster depreciation. Wait until litigants win for "too heavy" in accidents... The math is brutal but if you value virtue signalling, some will pay anything.
  • Lynchenstein @EBFlex - All ICEs are zero-emission until you start them up. Except my mom's old 95 Accord, that used to emit oil onto the ground quite a lot.
  • Charles The UAW makes me the opposite of patriotic
  • El scotto Wranglers are like good work boots, you can't make them any better. Rugged four wheel drive vehicles which ironically make great urban vehicles. Wagoneers were like handbags desired by affluent women. They've gone out of vogue. I can a Belgian company selling Jeep and Ram Trucks to a Chinese company.
  • El scotto So now would be a good time to buy an EV as a commuter car?