Uber’s Big Loss, Boeing’s 787 Trouble, and More Car News This Week

Uber’s Big Loss, Boeing’s 787 Trouble, and More Car News This Week

#Uber #Lyft #auto industry #Self-Driving Cars.

Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

Uber CEO Dara Khosrowshahi said that his company’s rivalry with the other big San Francisco–based ride-hailing company had cooled—for now.Uber also took a hit in Latin America, where its revenue fell by 24 percent in the quarter, as Chinese ride-hail company Didi began an aggressive push into that market.

Want to Know the Real Future of AR/VR? Ask Their Devs

Want to Know the Real Future of AR/VR? Ask Their Devs

"Our main goal is to get a sense of the temperature of the industry, which spans from hobbyists and students to professionals working on big-budget projects," says Alex Wawro, an editor at XRDC and Gamasutra who has been involved with the annual survey since it began in 2016.While the pool of respondents is larger this year than ever before, the status quo remains unchanged in some ways.

Small Cars Are Being Driven Out of Existence

Small Cars Are Being Driven Out of Existence

Cheap credit and leasing have made larger vehicles more affordable; the average purchase price of a new car has risen to an eye-watering $37,000. From a profit and regulatory compliance perspective, it’s certainly better for carmakers to sell lots of hybrid SUVs and high-performance sports cars.

The Radical Plan to Change How Antibiotics Get Developed

The Radical Plan to Change How Antibiotics Get Developed

Which means it may be time to stop asking pharma to make them, and create some other entity—a government institute, an international nonprofit, a utility—to perform the task instead.

Trump's Trade War With China Hasn't Wrecked Tech—Yet

Trump's Trade War With China Hasn't Wrecked Tech—Yet

Now for your latest installment of the on-again, off-again trade war between the US and China, we have President Trump blasting Beijing for reneging on commitments to clamp down on intellectual property theft, end forced technology transfers from US tech companies, and allow US companies greater access to the domestic Chinese market, including in cloud computing.

Tesla Cuts 3,000 Jobs as It Braces for an Uncertain Future

Tesla Cuts 3,000 Jobs as It Braces for an Uncertain Future

Tesla Cuts 3,000 Jobs as It Braces for an Uncertain Future As much as the Silicon Valley native is disrupting transport, its core business is building and selling cars.

The post-crash principle for banks: be moral or bust | Zoe Williams

The post-crash principle for banks: be moral or bust | Zoe Williams

Ten years on from the financial crisis, the sustainability of the planet is at stake – markets cannot survive without morality That post-crash principle should be this: in a century in which the sustainability of the planet is at stake, markets cannot survive without morality.