China has announced new rules on overseas IPOs, potentially sparking the resumption of Chinese companies listing in New York. Under the new rules, the China Securities Regulatory Commission (CSRC) wil...
Tag: Taxi
The economist who predicted that A.I. would replace half of all U.S. jobs now says ChatGPT is the equivalent of Uber disrupting the taxi industry—and it could lead to lower wages
ChatGPT has been the talk of the town since it was launched in November. While the underlying technology isn’t new, artificial intelligence like this has never been so accessible to the public, and th...
6 value stock picks for 2023 from successful money managers
Following a down year for the stock market, there is no shortage of recession predictions for 2023, especially as the Federal Reserve has signaled it will continue to raise interest rates to fight inf...
JFK taxi dispatch system hacked, New York men arrested for conspiracy
Arriving passengers line up to get taxi outside of Terminal 4 at the JFK airport in New York. Jewel Samad | AFP | Getty Images Two New York men were arrested for conspiring with Russian nationals to h...
Uber Reportedly Sues New York City Taxi Commission To Block Fare Increase
Topline Uber filed a lawsuit against the New York City Taxi & Limousine Commission on Friday in an effort to block a round of rate increases, Bloomberg first reported, as the ride share giant’s ba...
Amazon, Walmart, and Kroger Could Have the Solution to Grocery Deliveries
Shoppers returning to stores in the wake of the Covid-19 pandemic, venture-capital money drying up, and higher labor costs mean the first golden age of food delivery looks to be over. But customers ha...
A round-trip taxi from Saudi Arabia will cost $532
A general view of the skyline from the Doha Corniche on March 31, 2022. Nick Potts – Pa Images | Getty Images DUBAI, United Arab Emirates — The Dubai-based rideshare app Careem is offering inter...
United Airlines Plans Electric Air Taxi Service From Manhattan To Newark Airport With Archer
Archer’s Maker test vehicle. Archer Aviation In a few years, Wall Street bankers and other denizens of downtown New York City could get the speedy option to fly to and from Newark Liberty airpor...
Delta Funds Electric Air Taxi Maker Joby To Quicken Travel To Airports
Joby Aviation CEO JoeBen Bevirt (left) and Delta Air Lines CEO Ed Bastian pose with models of their aircraft. Rank Studios To travelers who are sick of getting stuck in traffic driving to the airport,...
Delta invests in electric air taxi startup Joby, plans last-mile airport service
A Joby Aviation Electric Vertical Take-Off and Landing (eVTOL) aircraft outside the New York Stock Exchange (NYSE) during the company’s initial public offering in New York, U.S., on Aug. 11, 202...
Delta Buys Into Electric Air Taxi Maker Joby With Aim To Speed Travel To Airports
Joby Aviation CEO JoeBen Bevirt (left) and Delta Air Lines CEO Ed Bastian pose with models of their aircraft. Rank Studios To travelers frustrated by getting stuck in traffic driving to the airport, D...
Boeing’s Wisk Is Going Full Robot With Its Electric Air Taxi While Competitors Stick With Human Pilots
There are a number of notable changes in the new, enlarged version of Wisk’s air taxi that it aims to bring to market, seen here in a mockup, including the addition of tilting rotors, but one of...
AI Ethics And Autonomous Systems Lessons Gleaned From That Recent Alaska Airlines Flight Where The Pilot And Co-Pilot Disagreed Prior To Taking Off And Abruptly Opted To Taxi Back To The Terminal And Go Their Separate Ways
How are we going to handle professional disagreements between a human in-the-loop and an AI … [+] autonomous system? getty Airlines have been in the news quite a bit lately. We are in the summer...
Uber’s Lawlessness Began With Good Intentions; Could It Have Been Saved From Going Wrong?
BERLIN, GERMANY – JUNE 06: Germany Taxi drivers protest outside the venue as the CEO of Uber, Dara … [+] Khosrowshahi speaks at the 2018 NOAH conference on June 6, 2018 in Berlin, Germany....
Alliance Of Uber And New York City Taxis Joins Two Pandemic-Hit Services [Infographic]
An unlikely alliance is forming in New York City. As The Wall Street Journal reports, Uber has reached a deal to list the city’s taxis on its app if drivers opt in—a first in the United States. In ret...
Malaysian Tycoon Tony Fernandes’ AirAsia To Launch Air Taxi Service Across Southeast Asia By 2025
Tony Fernandes, CEO of AirAsia Group, reacts as he speaks during the Rise conference in Hong Kong, … [+] China, on July 9, 2019. Anthony Kwan/Bloomberg AirAsia Group—controlled by Malaysian tyco...
Uber’s New Earnings Outlook Leaves Investors Hungry for More
Uber Technologies Inc. spooked investors with a midterm earnings forecast that fell short of expectations and overshadowed the company’s pledge to be cash-flow positive by the end of this year. Chief ...
Cargobike Taxi Firm Bans Helmets For Staff Riders Citing Safety Concerns
Pedal Me cofounder Ben Knowles on one of his firm’s electric cargo bikes. CARLTON REID “Overwhelmingly, our staff experience injuries off the bike, not on the bike,” states Pedal Me cofounder Be...
Nearly two years into the pandemic, Uber and Lyft still looking for a consistent lane
Nearly two years into the COVID-19 pandemic, the ride-hailing industry is still seeking stability. Uber Technologies Inc. UBER, +7.27% and Lyft Inc. LYFT, +3.63% are scheduled to release fourth-quarte...
Lyft stock melts down after earnings ‘debacle for the ages’
Lyft Inc. isn’t getting too many stars for its latest earnings report, which is helping to send shares down more than 30% Friday morning as numerous bulls head for the hills and fret about the company...