Delivery Hero's board has approved Uber's $15 billion takeover offer, recommending shareholders accept the deal. The acquisition would create one of the world's largest on-demand food delivery platforms and expand Uber's global reach significantly. The boards consider the offer fair and believe the merger could boost product innovation. If completed, the deal positions Uber to better compete with rivals like DoorDash and Just Eat Takeaway.
Instacart, valued at about $12 billion, has held preliminary talks with Uber and DoorDash about a potential sale, with an investment bank advising on options. A sale could fetch $16-$17 billion if a buyer pays a premium, but antitrust concerns remain...
Uber has expanded its use of ChatGPT Work, an AI tool by OpenAI, to its entire global workforce of 30,000 employees after a successful pilot with 1,000 staff. The AI is used across departments like finance, operations, and product for tasks such as d...
Elon Musk claimed Tesla will eventually handle the majority of all passenger miles on Earth where it can operate freely, highlighting the company's ambition in autonomous ride services. Despite this bold vision, Tesla's current robotaxi fleet has dri...
Waymo has started offering autonomous vehicle rides at Harry Reid International Airport in Las Vegas, marking its sixth major airport service. Pickups and dropoffs occur at dedicated zones in Terminals 1 and 3. Initially, rides will be limited to a f...
