Uber's annual Lost & Found Index reveals thousands of items left in its robotaxis over the past year, reflecting the rapid growth of autonomous rides since the launch of its Waymo robotaxi service in 2025. Lost items range from phones and wallets to unusual objects like dentures and an "I Heart Hot Dads" bag. Uber's existing system efficiently helps riders recover belongings via its app, offering delivery or depot pickup options. The company aims to expand robotaxi services to 15 cities this year and become the largest autonomous vehicle trip facilitator by 2029, signaling a major revenue focus on driverless technology.
Uber has imposed a $1,500 monthly cap on AI tool spending per employee after exhausting its entire annual AI budget within just four months. The company previously encouraged heavy AI use, even ranking employees competitively on usage, which led to h...
In the first half of 2026, smart beta strategies showed mixed results, with momentum and low-volatility funds lagging, while dividend growth funds struggled due to rising yields. However, funds emphasizing companies with strong free cash flow and hig...
WeRide, Uber, and AVOMO announced plans to launch Spain's first commercial Robotaxi pilot in Madrid later in 2026, marking their first joint entry into the European market. The service will be accessible via the Uber app and initially include trained...
SpaceX has reserved up to 5% of its IPO shares for purchase by select employees and associates through a direct share program managed by Morgan Stanley. The company aims to raise about $75 billion in its public offering, potentially marking one of th...
US stock futures rose following weekend US strikes in Iran targeting radar and command sites in response to aggressive Iranian actions, including the downing of a US drone. The S&P 500 ended May at a record high, supported by strong performances in t...
