Tag: uber

Uber CEO Talking About Tesla using Camera Vision over LiDAR

Uber CEO on Tesla using Camera Vision over LiDAR: “I think in the near-term it’s going to be very difficult, and

Elon Musk would tell me I’m wrong, and never bet against him, but it’s my instinct — in the near-term it’s going to be very difficult to build a camera only product that has superhuman level of safety. Will it be possible? Quite possibly yes. If you can have instrumentations that include cameras and LiDAR ; the cost of Solid State LiDAR is only $400-$500— WHY NOT include LiDAR as well in order to achieve superhuman safety. So, possible? Yeah it will be — I don’t know when, but is possible the better product? I’m not sure. All of your partners right now are using a combination of camera, Radar and LiDAR, and I personally think that’s the right solution— but I could be proven wrong.”

Full conversation on X here.

Why Uber Doesn’t Enter Small Regional Towns in the UK

Uber, a ride-hailing giant, has become a popular choice for those looking for a quick and affordable ride in cities worldwide. However, if you live in a small regional town in the UK, you may find that Uber is not available in your area. In this blog, we will explore why Uber doesn’t enter small regional towns in the UK.

Lack of Demand

One of the main reasons why Uber doesn’t enter small regional towns in the UK is due to the lack of demand. Uber operates in locations where there is a high demand for their services. This is because Uber’s business model relies on having a high volume of rides to generate revenue. Small regional towns may not have enough people or traffic to make it worthwhile for Uber to operate in those areas.

Competition

Another reason why Uber doesn’t enter small regional towns in the UK is due to competition. In small towns, there may be local taxi services that dominate the market. These taxi services may have an established customer base and have been serving the local community for many years. For Uber to enter these markets, they would need to compete with these established taxi services, which may not be financially viable.

Infrastructure

Uber also needs a reliable infrastructure to operate. In small towns, the infrastructure may not be developed enough to support Uber’s operations. For example, there may not be enough drivers or vehicles available to meet the demand for Uber services. Additionally, the roads and transportation systems in small towns may not be as developed as those in larger cities, which could make it difficult for Uber to operate efficiently.

Conclusion

In conclusion, Uber doesn’t enter small regional towns in the UK due to several reasons, including a lack of demand, competition, and infrastructure. While Uber may not be available in these areas, there are still other transportation options available, including local taxi services and public transportation.

Uber and Yandex Spin Out Russian self-driving car subsidiary into its own entity

Uber and Yandex will be spinning off their self-driving car subsidiary into its own entity – MLU BV.

MLU BV will have $150 million in new capital from Yandex, including $100 million in equity and $50 million as a convertible loan.

In connection with the deal, Yandex will hold 61.7% of MLU and Uber will own 33.5%. Bloomberg reported in June that Yandex had been looking to buy all of Uber’s initial 38% stake as an alternative to taking the taxi business public. Uber merged its Russian operations with Moscow-based Yandex in 2017.

UBER Now Don’t Have a COO, CTO or CPO. When will the Executives Stop Leaving?

Uber have no COO, CTO or CPO as their executive team keep leaving the company.

These changes happen quite frequently at very large companies, but it seems strange they all these positions are now empty and executives keep leaving.

I think Uber has one of the best CEO’s in the world right now and the right person to lead the company in difficult times.

But WHY??? Why so many leavers? Are they not backing the new vision of the company? Do they think there are too many large issues within the company?

Time will tell I guess.

Source: https://www.businessinsider.com/uber-is-now-lacking-a-coo-a-cto-and-a-cpo-2020-4