Credit to Author: Mike Smyth| Date: Sat, 25 Jan 2020 17:32:18 +0000
Uber cars were still roaming Surrey streets on Saturday morning. “Surrey has requested that Uber pause operations, but we respectfully decline.”
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Credit to Author: Derrick Penner| Date: Sat, 25 Jan 2020 16:20:23 +0000
Surrey is the only hold out in opposition to ridehailing as the TransLink Mayors’ council works toward an inter-municipal business license for the service.
Read moreCredit to Author: Zachary Shahan| Date: Sat, 25 Jan 2020 06:28:58 +0000
Uber is getting a partner to help it electrify its fleet in the London area, and Nissan is getting a partner to buy a bunch of Nissan LEAFs
Credit to Author: Rob Shaw| Date: Fri, 24 Jan 2020 02:49:51 +0000
But the companies still face a patchwork of local business licences that make the service initially unavailable in some municipalities.
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Credit to Author: Matthew Gault| Date: Thu, 23 Jan 2020 19:20:36 +0000
This week on CYBER, we dive into the hacking of Jeff Bezos and why the world doesn’t need Uber.
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Credit to Author: Rob Shaw| Date: Thu, 23 Jan 2020 20:20:23 +0000
VICTORIA – Ride-hailing companies Uber and Lyft have been approved to operate in Metro Vancouver, paving the way for the major companies to get vehicles on the streets within days or weeks. The Passenger Transportation Board ruled Thursday that both companies can begin to put cars on the streets in the Lower Mainland and Whistler, […]
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Credit to Author: Jennifer Saltman| Date: Mon, 20 Jan 2020 23:02:25 +0000
In B.C., ride-hailing companies will not be required to provide wheelchair-accessible vehicles
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Credit to Author: Rob Shaw| Date: Tue, 14 Jan 2020 23:58:18 +0000
Premier John Horgan says he’s disappointed the independent agency charged with approving ride-hailing licences is taking so long.
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Credit to Author: Edward Ongweso Jr| Date: Mon, 13 Jan 2020 13:26:21 +0000
Layoffs, investment exits, and sudden deal back-outs. SoftBank’s strategy of weaponizing capital is failing.
Read moreCredit to Author: Rahul Sonnad| Date: Thu, 09 Jan 2020 06:34:20 +0000
There is a long-standing argument about whether Tesla is a car company or a tech company. This argument is typically made in the context of how Wall Street should value the company. If Tesla is just a new kind of carmaker, it should be valued at something significantly less than its annual revenue — maybe 25% to 50%, like Ford and GM. Alternatively, if Tesla is a tech company, then it could be valued significantly higher. Google, for example, is trading at about 6 times its revenues today, Facebook at 8, Microsoft at 9, and Salesforce at 10 times. Tesla trades at around 3 times its revenues with some profits, while Uber and Lyft trade around 4 times revenues and have never been profitable