World News

Fully autonomous cars unlikely: U.S. transportation safety head

While some experts see their integration as inevitable, fully autonomous cars may, in fact,never see public roads due to safety concerns, according to Christopher Hart, the head of the US National Transportation Safety Board (NTSB). In a recent interview with MIT...

US Judge Rejects Uber’s Settlement Attempt With Drivers

A US judge has rejected an attempt by taxi-hailing app Uber to settle a class action lawsuit with drivers over expenses. Drivers working for the company claim Uber should treat them as employees instead of contractors and that they should be able to claim for...

An Expert in Valuation Says Uber Is Only Worth $28 Billion, Not $62.5 Billion

It already has a valuation higher than 80 percent of the companies in the S&P 500, and a finance professor at New York University says Uber Technologies Inc. has no more room to run when it comes to market value. According to Aswath Damodaran, a professor who...

Ford’s self-driving car ‘coming in 2021’

Ford said it would double its investment in its research centre in the city, as well as making sizable investments in technology companies in the autonomy industry. The firm said the car would be in use by customers by 2021, but first click to see the famous electric...
US Judge Rejects Uber’s Settlement Attempt With Drivers

US Judge Rejects Uber’s Settlement Attempt With Drivers

A US judge has rejected an attempt by taxi-hailing app Uber to settle a class action lawsuit with drivers over expenses. Drivers working for the company claim Uber should treat them as employees instead of contractors and that they should be able to claim for...

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