Tagwaymo

Google's Waymo Readies Self-Driving in California, in Blow to Tesla

waymo, tesla

Earlier this week, Waymo received approval to carry passengers in its self-driving cars in California, according to a report in Business Insider. This is a huge milestone for the self-driving company, which aims to completely robotize the ride-hailing system and make self-driving cars the norm. It is also a flashing warning for Tesla, as this often overlooked company which is backed by the...

Uber IPO: Why a $100 Billion Valuation Is an Absolute Pipe Dream

uber ipo

By CCN: Uber revolutionized cross-town transportation, but that’s not going to help the company make any money. That's one shocking revelation from the Uber IPO filing, which makes the rideshare giant's $100 billion valuation look like nothing more than a pipe dream. Uber: 'We May Not Achieve Profitability' This major red flag really shouldn't come as a surprise. Massive competition in the ride...

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