Uber Technologies Inc
DoorDash launches delivery robot in latest push into autonomous technology
DoorDash launches autonomous delivery robot called Dot. Courtesy: DoorDash Your DoorDash deliverer could soon look a little different. DoorDash on Tuesday announced a robot, known as Dot, that navigates busy streets, parking lots and sidewalks to bring customers their food. Dot marks DoorDash’s first official standalone push into autonomous vehicle technology. The company previously tested […]
Read More
Amazon faces off against FTC over ‘deceptive’ Prime program
Bloomberg | Bloomberg | Getty Images Amazon and the Federal Trade Commission are squaring off in a long-awaited trial over whether the company duped users into paying for Prime memberships. The lawsuit, filed by the FTC in June 2023 under the Biden administration, alleges that Amazon deceived tens of millions of customers into signing up […]
Read More
Fashion boss touts resilience as key leadership trait as industry battles tariff uncertainty
CEO of the British Fashion Council Laura Weir. Dave Benett | Dave Benett Collection | Getty Images The British Fashion Council’s newest CEO is bringing her own leadership flair to the role, touting resilience as a top trait to navigate difficult times amid tariffs and economic uncertainty. Laura Weir, a former creative director at Selfridges, […]
Read More
Olive Garden owner Darden Restaurants disappoints on earnings but hikes sales outlook
Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business. The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell more than 9% in morning trading. Here’s what the company […]
Read More
American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards
American Express platinum business card. Courtesy: American Express American Express on Thursday unveiled updates to its flagship credit card amid heightened industry competition over the country’s high spenders. The company said consumer and business versions of its refreshed Platinum card now carry an $895 annual fee, about 29% higher than the current fee of $695. […]
Read More
Lyft shares pop on Waymo deal to bring robotaxis to Nashville next year
Waymo has partnered with Uber to get its robotaxis into Atlanta and Austin, Texas. Now it’s teaming up with Lyft for the first time in a commercial deal to enter Nashville next year. Lyft stock climbed more than 10% on the news. Riders in Nashville will be able to hail a Waymo robotaxi through the […]
Read More
How this 30-year-old billionaire spends money, from Uber Eats deals to a $30 million mansion
Lucy Guo attends her birthday party called ‘Lucypalooza’ in 2023, hosted by Le Bon Argent by Floyd Mayweather. Gonzalo Marroquin | Getty Images Thirty-year-old Lucy Guo might be the world’s youngest female billionaire, but she’s always on the hunt for a good deal. The California-based serial entrepreneur’s net worth soared to $1.3 billion in April, […]
Read More
GPT-5’s rollout fell flat for consumers, but the AI model is gaining where it matters most
Sam Altman turned OpenAI into a cultural phenomenon with ChatGPT. Now, three years later, he’s chasing where the real money is: Enterprise. Last week’s rollout of GPT-5, OpenAI’s newest artificial intelligence model, was rocky. Critics bashed its less-intuitive feel, ultimately leading the company to restore its legacy GPT-4 to paying chatbot customers. But GPT-5 isn’t […]
Read More
What’s behind the $8-billion hit to Saudi Arabia’s massive wealth fund
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM Saudi Arabia’s mammoth sovereign wealth fund saw a major decline in investments in its so-called “gigaprojects,” amounting to an $8 billion write-down at the end of 2024 — despite assets under management reaching nearly $1 trillion, according to its annual report. Gigaproject […]
Read More
Uber Freight CEO joins self-driving truck company Waabi, says era of autonomous big rigs on U.S. roads is here
Raquel Urtasun (L), Waabi founder and CEO, and Lior Ron (R), who has joined Waabi as chief operating officer after growing Uber Freight to a $5 billion revenue company. Waabi Lior Ron, founder and CEO of Uber Freight, is joining self-driving truck startup Waabi as chief operating officer. The move, Ron says, is based on […]
Read More