Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Self-driving tech attracts investors, but Uber still relies on its drivers

    by Johana Bhuiyan And Sam Dean, Los Angeles Times May 10, 2019 4 minutes

    Former Uber Chief Executive Travis Kalanick once blamed the high cost of each ride on the "other dude in the car" - the driver. It has long been on the ride-hailing company's road map to someday replace its vast workforce of contractors with self-driving vehicles, lowering fares and increasing profits.

    But even Uber acknowledges that that won't happen any time soon.

    The world's biggest ride-hailing firm, which began trading on public markets Friday, lost $3 billion in 2018 and expects losses to "increase significantly in the foreseeable future," according to regulatory filings. That's because looming questions remain about the technological progress of Uber's self-driving car software, regulations surrounding autonomous vehicles and flying taxis, and the

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times5 min read
    Climate Change Is Central To Both Pope Francis And California Gov. Newsom. But Do Catholic Voters Care?
    ROME — Democratic Gov. Gavin Newsom's speech on climate change at the Vatican this week gives him an opportunity to align himself and his party with Pope Francis, an influential figure among American Catholics and a leader in the fight against global
    Los Angeles Times2 min readCrime & Violence
    In Effort To 'Regain Public Trust,' LA County Announces 66 Probation Officers Put On Leave
    LOS ANGELES — The Los Angeles County Probation Department has announced that 66 officers have been put on administrative leave this year in a series of cases that include allegations of sexual misconduct and the use of excessive force. The announcem
    Los Angeles Times4 min read
    Doyle McManus: A Lesson From Presidents Biden And Trump — The New Normal Is Nonstop Crises
    A poll published by the Economist this month included a finding that was striking yet unsurprising: Almost 7 in 10 Americans believe things in the country have spun out of control. That's a problem for President Joe Biden, who campaigned in 2020 offe

    Related Books & Audiobooks