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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....
...Deloitte is set to cut hundreds of jobs in the UK as clients cut spending on advisory services in a tougher economic environment....
...The San Francisco Municipal Transportation Agency, which oversees street transport, has called for the rollout to slow down....
...Others use regular high-speed services via Paris, Zürich and Lausanne. inghams.co.uk...
...Techs vs transports Four of the five mammoth technology companies (Meta, Amazon, Alphabet and Microsoft) have now reported, and colour us impressed....
...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....
...Using stub equity and favourable tax laws, the firm was able to structure KKR’s acquisition of Hitachi Transport System, a logistics subsidiary....
...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...
...Consumer, transport and infrastructure stocks also gained....
...By increasing competition, the idea was that electricity would become cheaper and the service better for consumers....
...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?...
...As part of the six year agreement, Vodafone and Google will also develop a system that can extract and transport data across different countries where the telecoms company operates....
...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....
...From a Buddha-shaped building on the tourist island of Hainan, China’s HNA Group transformed into a sprawling transport-to-finance conglomerate through a debt-fuelled $40bn dealmaking binge....
...new investorsSaudi Arabia’s Public Investment Fund has invested Rs114bn ($1.5bn) into Mukesh Ambani’s Jio Platforms, the tenth international investor to plough cash into the fast-growing Indian digital services...
...“Apps . . . can help when you go abroad to places you don’t know very well, or quickly alerting people that you don’t know and might otherwise be difficult to find, for instance on public transport,” he...
...The public will be able to bet £10 on one of the 40 runners with bookmakers promising all profits will go to the National Health Service....
...Its latest effort to transport items ranging from medical supplies to pet food via two new services, Direct and Connect, follows a recently accelerated push into online groceries. 3....
...Legislators are rightly discussing support for everything from greener forms of transport such as passenger rail, to highway and bridge repair....
...Lime is already competing with Uber and Lyft, as well as several other companies, for a permit to operate a scooter service in San Francisco....
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