Latest news with #rideSharing
CNET
01-07-2025
- Business
- CNET
Uber Adds Rental Car Delivery and Discounted Airport Rides Ahead of July 4 Weekend Surge
With AAA forecasting that a record-breaking 72 million Americans will travel during the week of July 4, ride-hailing and delivery company Uber is launching various updates to make summer vacations more seamless. Uber is significantly expanding its rental-car delivery service, introducing new airport options for ride-sharing and prescheduled pickups, and adding more flexibility for hotel food deliveries. Read also: Uber's Simplified App for Seniors Is Launching Nationwide Car rental dropoff expands Uber One of the biggest updates is the expansion of Uber Rent -- the service's car-rental department -- by adding car delivery, which allows users to have a rental car dropped off at their home, office or hotel. This summer, the service is rolling out to 15 additional US cities, including Dallas, Phoenix, Charlotte and Las Vegas, bringing the total to 24 cities nationwide. Travelers can book a rental car as little as 2 hours in advance or up to six months ahead. Uber also notes that there's no fee to cancel, as long as it's at least 2 hours before the scheduled drop-off. More affordable airport rides Uber is also expanding Uber Share at Airports, a carpool-style option where travelers heading to or from the airport can share a ride with one other passenger and save up to 25% compared to a standard UberX, which is the regular Uber tier. Even if no match is found, riders still pay the discounted rate. This feature is now available at more than 40 additional airports, including Chicago Midway, Nashville, Washington Reagan, and international cities like Paris, Lisbon and Stockholm. Enhanced hotel food delivery Uber The company is adding new delivery options for travelers relying on Uber Eats while staying at hotels. Users can now select how they want their food dropped off: meeting the courier in the lobby, having the food left at the front desk or requesting direct delivery to their hotel room doorway. Travelers staying at Marriott properties can also now earn Marriott Bonvoy points on Uber Eats orders, provided their loyalty account is linked in the app. More airport pickup options in the suburbs Uber is also expanding its Reserve Airport Pickup feature to 70 more airports in the US and Canada, with a focus on smaller towns and suburban destinations such as Reno, Green Bay and Sarasota. Reserve rides can be scheduled in advance, a convenience for travelers flying into areas with fewer transit options. These updates are arriving just in time for one of the busiest travel weeks of the year. Additional changes are listed in the Uber Newsroom post.
Yahoo
27-06-2025
- Business
- Yahoo
Why Alphabet Stock Crept Higher in Price on Wednesday
The company rolled out a highly popular service in a new city. This extends its lead over a recent arrival to the business. 10 stocks we like better than Alphabet › Like a robotaxi slowly advancing down a street to approach its destination, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) stock advanced on Hump Day. Its two share classes both rose in excess of 2% in price during the trading session, on the back of good news for one of its businesses. That bump higher was good enough to beat the flat S&P 500 (SNPINDEX: ^GSPC) on the day. That Alphabet business posting the positive development was its accelerating robotaxi service, Waymo. On Tuesday, in partnership with ride-sharing incumbent Uber Technologies, the company rolled out Waymo in Atlanta. The Georgia metropolis now becomes the fifth metropolitan area serviced by Waymo (the others are San Francisco and the Bay Area, Los Angeles, Phoenix, and Austin). Alphabet doesn't plan on slamming the brakes on the project anytime soon, as it aims to Waymo Washington, D.C., and Miami next year. The combination of a widening footprint and positive word-of-mouth has boosted Waymo's popularity -- and its ridership. According to recent reporting from Barron's, these days the service is providing over 250,000 rides per week. That's more than double the 100,000 from last year at around this time. With the Atlanta launch, Alphabet extends its lead over ever-ambitious electric vehicle (EV) giant Tesla. That company launched its Robotaxi brand in Austin this past weekend; however, it was limited only to a select group of hand-picked users. Both Alphabet's development and rollout of Waymo feels as if they have been well planned and smoothly executed. In Los Angeles, for example, now it's common to see Waymos ferrying customers around the car-clogged city. While robotaxis aren't yet a massive business for Alphabet, they're looking like they'll become an important revenue generator sooner than many might expect Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Alphabet wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor's total average return is 809% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Tesla, and Uber Technologies. The Motley Fool has a disclosure policy. Why Alphabet Stock Crept Higher in Price on Wednesday was originally published by The Motley Fool
Bloomberg
24-06-2025
- Business
- Bloomberg
Stock Movers: Uber, Galaxy, McDonald's
On this edition of Stock Movers: - Uber (UBER) shares rose after the ride-hailing company said in a press release that it will be partnering with Alphabet Inc's Waymo to offer ride-sharing through autonomous vehicles in Atlanta. In addition, Lime, the Uber-backed electric bike startup, has hired investment banks to prepare for a US initial public offering, according to a report from Reuters. - Galaxy Digital (GLXY) shares were higher after Rosenblatt Securities started coverage on the crypto company with a buy rating and $25 price target. Rosenblatt Securities analyst Chris Brendler writes that while the company 'would likely underperform in the next 'crypto winter', GLXY has proven its resiliency in prior cycles,' and 'we think a major downturn is unlikely near term and GLXY has arguably never been better positioned." - McDonald's (MCD) and Krispy Kreme (DNUT) announced the two companies will end their partnership on July 2, citing challenges in achieving a sustainable business model. Krispy Kreme shares initially fell before recovering and McDonald's shares closes modestly higher.
Yahoo
22-06-2025
- Automotive
- Yahoo
Car expert dismantles popular EV myth after showcasing 'ex-Uber Tesla' with 180,000 miles: 'What is the real-world range?'
They're common questions when it comes to electric vehicles — questions that automotive journalist Vicky Parrott was curious about herself when she bought a heavily-used, high-mileage model. "What is the actual, usable battery capacity still remaining on this car?" Parrott asked. "And what is the real-world range?" In a YouTube video posted by CarGurus UK and covered by InsideEVs, Parrott shares some impressive answers about the so-called "ex-Uber Tesla." The car in question was a 2021 Tesla Model 3 Long-Range All-Wheel Drive that had been driven extensively for ride-sharing platforms. When Parrott got the car, it already had more than 170,000 miles on it, and in just a few months, she pushed it over 180,000. Before reaching that milestone, however, she had the battery checked and found that it still had 90% of its capacity, even after nearly 1,000 charging cycles. "I think that's really pretty impressive," Parrott said. Finding out that EV batteries can last longer than previously thought and still perform at high levels could help more people make the switch away from gas-powered vehicles. It could also help current owners sell their cars when they're ready to upgrade. EV sales continue to increase around the world, with used EVs a particularly hot commodity. A report from Recurrent found that used EV sales increased by nearly 63% from the first quarter of 2023 to 2024. Current EV owners can monitor battery health by using Recurrent's free service, which collects data that can later be shared with potential buyers, giving them more transparency and confidence when purchasing a used EV. The company also connects would-be EV sellers with a network of buyers and has helped sellers make an extra $1,400 on average. For EV owners thinking about how to make battery usage as easy and inexpensive as possible, charging can be simpler and more cost-effective when done at home as opposed to at a public station. Home charging can be further improved by drawing on residential solar power, further reducing climate impacts and potentially bringing energy costs down to nearly nothing. If you've considered installing solar panels at home to support EV usage or daily life in general, EnergySage's free service will let you compare quotes from local vetted installers, with the potential to save homeowners up to $10,000 on installation. If you were going to purchase an EV, which of these factors would be most important to you? Cost Battery range Power and speed The way it looks Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
TechCrunch
30-05-2025
- Automotive
- TechCrunch
TechCrunch Mobility: A ride-sharing pioneer comes for Uber, Tesla loses more ground, and dog-like delivery robots land in Texas
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! It might have been a short week, but there was still plenty of news, including another Zoox recall, an update on the Stellantis-Amazon partnership, and a few startup-funding deals. One item of note: This week, I wrote about Carma Technology and its patent infringement lawsuit against Uber. This isn't a patent troll situation, and the IP attorneys I have spoken with say it will be a challenging case for Uber. The gist? Carma, which was formed in 2007 by serial entrepreneur and SOSV Ventures founder Sean O'Sullivan, filed a lawsuit earlier this year against Uber, alleging the company infringed on five of its patents that are related to the system of matching riders (or packages) with capacity in vehicles. In other words, ride-sharing. IP attorney Larry Ashery provided the money quote that explains why this is such a complicated and challenging case. 'What's important to understand here is, Carma isn't just asserting five patents. They have had a very sophisticated strategy of patent procurement that they've been working on for the past 18 years.' Carma's five patents are part of a 30-patent family that are all related and connected to the original filing date. That matters because each of the five asserted patents contains multiple patent claims, which define the legal boundaries of the invention. These individual claims — not just the patents as a whole — are what Carma is asserting against Uber. That means Uber will have to address and defend against each asserted claim, making the litigation more complex and difficult to defeat, Ashery noted. Techcrunch event Save now through June 4 for TechCrunch Sessions: AI Save $300 on your ticket to TC Sessions: AI—and get 50% off a second. Hear from leaders at OpenAI, Anthropic, Khosla Ventures, and more during a full day of expert insights, hands-on workshops, and high-impact networking. These low-rate deals disappear when the doors open on June 5. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | REGISTER NOW Let's get into the rest of the news. A little bird Image Credits:Bryce Durbin A few little birds have been chirping at us for months now about a new autonomous vehicle technology startup that has been quietly plugging along for a year. The interesting nugget about this startup — which is called Bedrock Robotics — is who is behind it: Boris Sofman, who led Waymo's self-driving trucks program and previously co-founded and led the popular consumer robotics company Anki. The San Francisco-based startup is still in stealth, but my sources tell me it has raised considerable venture funds. Bedrock Robotics is working on a self-driving kit that retrofits onto construction equipment and other heavy machinery, according to a filing with the U.S. Patent and Trademark Office. Got a tip for us? Email Kirsten Korosec at or my Signal at kkorosec.07, Sean O'Kane at or Rebecca Bellan at Or check out these instructions to learn how to contact us via encrypted messaging apps or SecureDrop. Deals! Image Credits:Bryce Durbin Firefly Aerospace received a $50 million investment from Northrop Grumman as part of its Series D round. This investment will further advance production of the startup's co-developed medium launch vehicle, now known as Eclipse. Pallet, a warehouse logistics software startup based in Fremont, California, raised $27 million in a Series B funding round led by General Catalyst. Bain Capital Ventures, Activant Capital, and Bessemer Venture Partners also participated. Volteras, a London-based startup building virtual connective tissue that will allow plugged-in EVs to offer their batteries to support the grid, closed an $11.1 million Series A led by Union Square Ventures, with participation from Edenred, Exor, Long Journey Ventures, and Wex. Way Data Technologies, a fleet management startup founded by veterans of Lucid Motors and Wolt, raised €2.6 million ($2.95 million) in pre-seed funding led by Pale Blue Dot, with participation from 10x Founders and Greens Ventures. Notable reads and other tidbits Image Credits:Bryce Durbin Autonomous vehicles Rivr's four-wheeled, stair-climbing delivery robot — which its CEO and founder, Marko Bjelonic, describes as a dog on roller skates — will ferry packages from Veho vans directly to customers' front doors as part of a pilot program in Austin, Texas. Both companies see this small pilot as a critical step toward solving a unique slice of the end-to-end autonomous delivery journey. TuSimple (now CreateAI) sent a trove of sensitive data — effectively the blueprint of an American-made autonomous vehicle system — to a Beijing-owned firm after committing to the U.S. government that it would cease such transfers under a national security agreement. The revelation, first reported by the Wall Street Journal, prompted numerous 'not surprised' responses from several readers and sources within the industry. Zoox issued its second voluntary software recall in a month, following a collision between one of its robotaxis and an e-scooter rider in San Francisco on May 8. The incident is notable, largely for what happened after the unoccupied Zoox vehicle operating at low speed was struck by the e-scooter after braking to yield at an intersection. According to Zoox, the e-scooterist fell to the ground directly next to the vehicle and the 'robotaxi began to move and stopped after completing the turn, but did not make further contact with the e-scooterist.' In other Zoox news, the company announced it was the 'official robotaxi partner of Resorts World Las Vegas.' As part of the deal, there will be a dedicated and Zoox-branded robotaxi pickup and drop-off location at Resorts World Las Vegas. Electric vehicles, charging, & batteries The Tesla Cybertruck is having a rough time. Dozens of unsold Tesla Cybertrucks are piling up at a Detroit shopping center parking lot. And while Cybertruck owners are now allowed by Tesla to trade in their vehicles for the first time since they hit the market, they'll face a steep depreciation hit. CarGurus recently showed depreciation rates of up to 45%. Meanwhile, Tesla sales in Europe and the U.K. have fallen by nearly half, according to data released by the European Automobile Manufacturers Association. The Volkswagen emissions cheating scandal of 2015 rippled through the automotive sector and prompted the company (and later followed by others) to shift away from diesel and toward hybrids and electric vehicles. Now, four former Volkswagen executives have received prison sentences for their role. In-car tech Amazon is no longer working with Stellantis to create in-car software for the automaker's vehicles. The partnership, first announced in January 2022, was part of Stellantis' plan to generate $22.5 billion annually from software. Stellantis told TechCrunch it would be pivoting to an Android-based system.
