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...and accused the company of misrepresenting details about an accident, dealing a sharp setback for the General Motors-owned company less than three months after it won the right to operate a full robotaxi service...
...Cruise and its rival Alphabet-owned Waymo were granted permission by the California Public Utilities Commission in August to run driverless taxi services throughout the city....
...Rates charged by General Motors’ Cruise robotaxi service in San Francisco are comparable to rideshare services from the likes of Uber....
...The San Francisco Municipal Transportation Agency, which oversees street transport, has called for the rollout to slow down....
...Direct listings have often been touted as a cheaper alternative to IPOs or Spacs since the streaming service Spotify completed the first such deal in the US in 2018, but only a handful of companies have...
...But the race is not just about human transport. There's cargo and other services, too. PWC estimates that the lunar transport and logistics market could be worth more than $100bn by 2040....
...“You see far less personal car ownership in Europe and the UK, and greater uptake of public transport and other solutions,” he says....
...Waymo is planning to expand its robotaxi service to Los Angeles and Cruise hopes to get regulatory approval for robotaxis without pedals or steering wheels. It has been a slow and expensive road....
...Since Google launched its self-driving car project in 2009, it has been leading the way towards a new age of autonomous transport that could reshape cities and, one day, deal a death blow to car ownership...
...So does Musk think the stated goal he set for Tesla more than 15 years ago, to lead a transport revolution, has finally been achieved?...
...However, its Disney Plus streaming service grew from 87m subscribers on December 2 to 95m a month later, helped by the Christmas Day premiere of Soul, a critically acclaimed Pixar film. 2....
...It can choose to service only average traffic, but that will frustrate users in peak hours....
...7, 2017) Waymo (March 2, 2018) Zoox (March 8, 2018) The paperwork left other experts worried that the companies’ secrecy, driven by intense competition to be first to launch an autonomous car or taxi service...
...Last December, the Google team, now called Waymo, launched the first commercially available autonomous taxi service....
...Computer-controlled services would replace public transport as well as conventional taxis. One day might they might even venture on to the Périphérique....
...Renault and Nissan have signed an exclusive deal with Waymo to develop self-driving transport services in Paris and Japan, in a show of unity for the shaky alliance between the two carmakers....
...Institutional Shareholder Services has told its clients that Dennis Muilenburg should be stripped of his dual role as chairman and chief executive....
...As part of this, it also wants to launch its own ride-hailing fleet, push into business areas such as transport services and connect 90 per cent of its vehicles to the internet within six years....
...Scrutiny of HNA’s finances and ultimate ownership has scuttled two planned initial public offerings of aircraft service firms in Switzerland, depriving the company of billions of dollars in hoped-for returns...
...Waymo also plans to use its autonomous cars to one day offer a consumer transportation service, which will only heighten the rivalry between the two companies....
...A spokesperson for the Spanish transport ministry denied this, saying that the delay in resolving the issue was due to the “bankruptcy regulation . . . which ensures that the rights of all parties involved...
...year-old retailer which promoted toy brands such as Barbie in the 1960s and 70s, cited a list of reasons for its rush to file for bankruptcy ahead of the critical holiday season, including “expensive debt service...
...● Lex: Tesco — trolleyed ● Fast FT: Tesco’s difficult recovery in 4 charts Toshiba voices ‘substantial doubt’ over its viability The outlook for one of Japan’s most famous industrial names darkened...
...Mr Bezos said that when he started Amazon, he had not had to invent critical infrastructure such as a national transport system or telephone network to carry internet traffic....
...Elsewhere in the UAE, Abu Dhabi’s proposed Al Gharbia Chemicals Industrial City has a $20bn price tag....
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