Travis Kalanick reportedly starting a new self-driving company backed by Uber

Travis Kalanick reportedly starting a new self-driving company backed by Uber

Travis Kalanick is reportedly starting up a new self-driving vehicle company with “major backing” from Uber, according to The Information. He has reportedly told people he “wants to be more aggressive in rolling out self-driving technology than Waymo,” per the report. The Uber founder is also considering acquiring Pronto, the autonomous vehicle startup focused on…

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Waabi raises B and expands into robotaxis with Uber

Waabi raises $1B and expands into robotaxis with Uber

Autonomous vehicle startup Waabi has raised $1 billion and struck a partnership with Uber to deploy self-driving cars on the ride-hailing platform — the company’s first expansion beyond autonomous trucking. The funding consists of an oversubscribed $750 million Series C round co-led by Khosla Ventures and G2 Venture Partners and roughly $250 million in milestone-based…

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New York state law takes aim at personalized pricing

New York state law takes aim at personalized pricing

New York’s latest state budget includes new disclosure requirements for businesses that use personal data to set different prices for different shoppers — for example, charging you more if you have a history of splurging. Businesses that use personalized pricing are now required to tell customers, “This price was set by an algorithm using your…

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