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California issues draft regulations for operating autonomous trucks

California issues draft regulations for operating autonomous trucks Aug 30 (Reuters) - The California Department of Motor Vehicles on Friday issued draft regulations on the operation of autonomous vehicles on highways , paving the way for self-driving trucks to commence long-haul deliveries. The state agency is planning a framework which would initially require safety drivers for both light- and heavy-duty operations.
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Uber CEO says growth in South Korea promising despite underdog status

Uber CEO says growth in South Korea promising despite underdog status SEOUL, Aug 30 (Reuters) - Uber Technologies Inc's UBER.N CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao 035720.KS , and said the platform will attract more taxi drivers for growth. "The fact is that a taxi driver who uses the Uber app will make more money, will be more busy," Uber CEO Dara Khosrowshahi told reporters in Seoul.
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Uber invests in UK startup Wayve to speed up self-driving projects

Uber invests in UK startup Wayve to speed up self-driving projects By Nick Carey LONDON, Aug 29 (Reuters) - Ride-hailing platform Uber UBER.N will invest in Wayve to help the British self-driving technology startup work with major automakers to speed up the development of its systems, the two companies said on Thursday. The companies did not disclose the size of the investment.
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New York Times business news - Aug 27

PRESS DIGEST- New York Times business news - Aug 27 Aug 27 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Edgar Bronfman Jr. abandoned his pursuit of Paramount PARA.O on Monday, dropping his 11th-hour bid roughly a day before the deadline to submit a final offer for the CBS and MTV owner.
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British Business - Aug 27

PRESS DIGEST-British Business - Aug 27 Aug 27 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The water sector faces a "material risk" that it will fail to raise the 7 billion pound ($9.23 billion) of equity needed to overhaul the country's infrastructure and clean up waterways under Ofwat's investment plans, the industry has claimed .
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Uber And Coco Announce Strategic Partnership To Launch Coco's Sidewalk Robots On Uber Eats

BRIEF-Uber And Coco Announce Strategic Partnership To Launch Coco's Sidewalk Robots On Uber Eats Aug 26 (Reuters) - Uber Technologies Inc UBER.N : UBER AND COCO ANNOUNCE STRATEGIC PARTNERSHIP TO LAUNCH COCO'S SIDEWALK ROBOTS ON UBER EATS Further company coverage: UBER.N
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Alert wrongly tagged to Hangzhou Coco Healthcare Products withdrawn

ADVISORY-Alert wrongly tagged to Hangzhou Coco Healthcare Products withdrawn An alert on urban robot delivery platform Coco and Uber's UBER.N partnership to launch Coco's sidewalk robots on Uber Eats was incorrectly tagged to Hangzhou Coco Healthcare Products Co 301009.SZ , an unrelated entity, and has been withdrawn. For the correctly coded alert,
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Uber fined in Netherlands for sending drivers' data to the US

UPDATE 2-Uber fined in Netherlands for sending drivers' data to the US Adds background on appeal, fine suspended in paragraph 6,7, background on earlier fine in paragraph 9 AMSTERDAM, Aug 26 (Reuters) - Ride-hailing platform Uber UBER.N has been fined 290 million euros ($324 million) in the Netherlands for sending the personal data of European taxi drivers to the United States in violation of EU rules, Dutch data protection watchdog DPA said on Monday.
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Dutch privacy watchdog fines Uber for sending drivers' data to U.S.

Dutch privacy watchdog fines Uber for sending drivers' data to U.S. PARIS, Aug 26 (Reuters) - The Netherland's DPA data protection watchdog said on Monday it imposed a fine of 290 million euros ($324 million) on ride-hailing platform Uber UBER.N for sending personal data of European taxi drivers to the United States in violation of EU rules. Uber has meanwhile stopped the breach, DPA added.
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S&P 500 nears record high as Powell signals imminent rate cut

US STOCKS-S&P 500 nears record high as Powell signals imminent rate cut For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Fed's Powell says 'time has come' to cut interest rates GM up after Cruise to offer robotaxis on Uber's platform Workday jumps after Q2 revenue beat, $1 bln share buyback plan Indexes up: Dow 0.7%, S&P 500 1.01%, Nasdaq 1.45% Updated at 10:05 a.m.
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Wall Street set for higher open as spotlight turns to Powell

US STOCKS-Wall Street set for higher open as spotlight turns to Powell For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Jackson Hole speech begins at 10 a.m. EDT (1400 GMT) GM up after Cruise to offer robotaxis on Uber's platform Workday jumps after Q2 revenue beat, $1 bln share buyback plan Futures up: Dow 0.39%, S&P 500 0.53%, Nasdaq 0.78% Updated at 8:15 a.m.
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Futures rise with Powell speech at Jackson Hole in focus

US STOCKS-Futures rise with Powell speech at Jackson Hole in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Jackson Hole speech begins at 10 a.m. EDT (1400 GMT) GM up after Cruise to offer robotaxis on Uber's platform Workday jumps after Q2 revenue beat, $1 bln share buyback plan Futures up: Dow 0.39%, S&P 500 0.58%, Nasdaq 0.89% Updated at 06:53 a.m.
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Uber And Cruise To Deploy Autonomous Vehicles On The Uber Platform

BRIEF-Uber And Cruise To Deploy Autonomous Vehicles On The Uber Platform Aug 22 (Reuters) - Uber Technologies Inc UBER.N : UBER AND CRUISE TO DEPLOY AUTONOMOUS VEHICLES ON THE UBER PLATFORM UBER: UBER AND CRUISE PLAN TO LAUNCH PARTNERSHIP NEXT YEAR WITH A DEDICATED NUMBER OF CHEVY BOLT-BASED AUTONOMOUS VEHICLES UBER - ONCE LAUNCHED, WHEN RIDER REQU
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General Motors rises after Cruise to deploy autonomous vehicles on Uber platform

BUZZ-General Motors rises after Cruise to deploy autonomous vehicles on Uber platform ** Shares of General Motors GM.N up 1.3% at $47.08 after the bell ** Uber Technologies UBER.N and Cruise, majority owned by GM, say they have entered a multiyear strategic partnership to bring Cruise autonomous vehicles to the Uber platform ** Companies plan to la
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GM's Cruise to offer robotaxis on Uber's platform from next year

UPDATE 3-GM's Cruise to offer robotaxis on Uber's platform from next year Recasts, writes through By Juby Babu and Abhirup Roy SAN FRANCISCO, Aug 22 (Reuters) - Cruise will offer its autonomous vehicles on ride-hailing platform Uber UBER.N starting next year, the companies said on Thursday, as the General Motors-backed GM.N robotaxi firm attempts a comeback.
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Cruise to deploy its autonomous vehicles on Uber platform

Cruise to deploy its autonomous vehicles on Uber platform Aug 22 (Reuters) - Uber UBER.N and General Motors-backed GM.N Cruise said on Thursday Cruise will deploy its autonomous vehicles on the ride-hailing firm's platform. Reporting by Juby Babu in Mexico City; Editing by Arun Koyyur
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China's Didi Global swings to profit in second quarter

UPDATE 1-China's Didi Global swings to profit in second quarter Adds context of regulatory crackdown, executive shifts and ride-hailing in China data in paragraphs 3-9. By Casey Hall and Liam Mo SHANGHAI, Aug 21 (Reuters) - China's largest ride-hailing company, Didi Global 92Sy.MU , swung to a net profit of 1.4 billion yuan ($196.24 million) for the second quarter from a 300 million yuan loss a year earlier as it continues to build back its business badly hit by a regulatory crackdown .
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Uber hires ex-Tesla exec Rebecca Tinucci to oversee EV transition, memo says

Uber hires ex-Tesla exec Rebecca Tinucci to oversee EV transition, memo says Aug 20 (Reuters) - Uber Technologies UBER.N has hired former Tesla TSLA.O executive Rebecca Tinucci to oversee the ride-hailing platform's shift to electric vehicles, according to an internal memo seen by Reuters on Tuesday. Uber has a plan to completely electrify its vehicle fleet by 2040 and vowed to invest $800 million through 2025 to help reach its goal.
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Uber hires Ex-Tesla charger executive Tinucci to oversee shift to Bloomberg News

MEDIA-Uber hires Ex-Tesla charger executive Tinucci to oversee shift to EVs- Bloomberg News -- Source link: https://tinyurl.com/kw2kj4k4 -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Auto File: Kenya’s Uber drivers take the wheel 

Auto File: Kenya’s Uber drivers take the wheel  By Victoria Waldersee Automotive Correspondent Victoria.Waldersee@thomsonreuters.com August is usually a quiet month for the car industry. When the dust has settled from half-year results conferences, carmakers wind down their plants, executives take their favourite new model out for a summer spin and workers take a well-earned break.
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