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Uber to pay drivers for switching to electric cars

Uber to pay drivers for switching to electric cars

Uber, one of the biggest ride hailing apps in the U.S., announced on Tuesday its new pilot program to get drivers to switch over to the more environmentally friendly, electric cars. The pilot program, called EV Champions Initiative, plans to deliver..

Ford teams with startup to be “Waze” for Autonomous Cars

Ford teams with startup to be “Waze” for Autonomous Cars

San Francisco-based startup RideOS raised $9 million from venture firm Sequoia Capital and has reached a partnership with a division of Ford Motor Company (NYSE: F), it said on Friday. RideOS was started by two former Uber Technology Inc. employees,..

Buffett Proposed $3 Billion Uber Investment but Deal Crumbled

Buffett Proposed $3 Billion Uber Investment but Deal Crumbled

Earlier this year, Warren Buffet, one of the most successful investors of all time, proposed a $3 billion investment in Uber Technologies Inc. However, due to the disagreements over the terms and sum of the deal, their negotiation fell apart. Buffet..

Amazon Map Tracker Gives you Real-Time Info on Orders

Amazon Map Tracker Gives you Real-Time Info on Orders

Amazon.com, Inc. (NASDAQ: AMZN) recently implemented a new feature to their deliveries - the Amazon Map Tracker. It gives customers real-time information of their Amazon order as it is being delivered, similar to the dot you see on your mobile phone..

Ex-Uber CEO Launching Real Estate Startup

Ex-Uber CEO Launching Real Estate Startup

Former Uber Technologies Inc. Chief Executive Officer and Founder, Travis Kalanick announced via Twitter Inc. (NYSE: TWTR) that he will investing $150 million to take a stake in City Storage Systems. Once the transaction closes, Kalanick will become..

Uber and Lyft to Both Launch Medical Service Transportation

Uber and Lyft to Both Launch Medical Service Transportation

Uber Technologies Inc. announced last week on Thursday its introduction of Uber Health, a way to partner with healthcare organizations to provide reliable transportation for patients. Then, on Monday, Lyft teamed up with Allscripts Healthcare Soluti..

Softbank Backs Uber's Plan to go Public in 2019

Softbank Backs Uber's Plan to go Public in 2019

Uber Technologies Inc. has had a shaky past year, but CEO Dara Khosrowshahi made it a mission to turnaround the company through internal restructuring and potentially an initial public offering (IPO).CEO of Softbank Vision Fund, Rajeev Misra told CN..