Tag: UBER
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Tech Industry Warns of Potential UK Exit Over Online Safety Regulations
Elon Musk’s X and Google caution that new online safety laws could drive tech companies from the UK market due to compliance costs. With Ofcom seeking to raise £70m annually for enforcement, tech giants argue that fees based on global revenue could stifle growth and deter new services from entering the UK. Pressure mounts on…
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Tech CEOs Confirm Attendance at Trump’s Inauguration
– Major tech CEOs confirmed for Trump’s inauguration include Jeff Bezos, Mark Zuckerberg, and Sundar Pichai. – Bezos, Zuckerberg, and Pichai each donated USD 1 million to the inaugural fund. – TikTok CEO Shou Chew’s attendance comes amidst operational concerns for the app. – Elon Musk is excited to attend, feeling honored to join fellow…
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Phoenix Emerges as a Growing Tech Hub for Major Companies
– Phoenix is transforming into a tech hub for semiconductors, autonomous vehicles, and drones. – TSMC plans a $65 billion investment to create 62,000 jobs in the region. – The city is optimal for testing self-driving cars due to its infrastructure and supportive policies. – Amazon’s drone program aims for 500 million deliveries annually, showcasing…
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Uber and Lyft Shift Strategies Towards Embracing Driverless Technology
Uber and Lyft are revamping their business strategies to incorporate driverless taxis, collaborating with established competitors rather than developing their own technologies. The companies are enhancing app features for user engagement with autonomous vehicles, while also preparing infrastructure to adequately support driverless fleets. As they adapt to a market increasingly influenced by self-driving technology, consumer…
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Visa’s Technology Chief Advocates for Substance Over Spectacle in AI Development
Visa’s technology chief, Rajat Taneja, urged AI companies to prioritize coding over pitch decks at the Fortune Brainstorm AI conference. He emphasized Visa’s long-standing commitment to AI, particularly in fraud detection, and called for startups to present tangible solutions rather than focusing on presentation skills. Ebrahimi of FPV Ventures encouraged companies to embrace real-world challenges,…