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WAYMO LAYOFFS
Automakers thrived in the pandemic. Many are now struggling.Each carmaker has its own problems, but there are some common threads. They include a tricky and expensive technological transition, politi...
16 Dec, 2024, 07.13 AM IST
General Motors to retreat from robotaxis and stop funding its Cruise autonomous vehicle unitGeneral Motors is pulling out of the robotaxi business and ceasing funding for its Cruise autonomous vehicle unit due to high costs and inc...
11 Dec, 2024, 06.22 AM IST
Slash first, fix later: How Elon Musk cuts costsElon Musk, a billionaire entrepreneur, is known for his extreme cost-cutting measures. He implemented these strategies at Tesla, SpaceX, an...
16 Nov, 2024, 11.17 AM IST
Tesla gambles on 'black box' AI tech for robotaxisTesla plans to reveal its 'Cybercab' robotaxi prototype, highlighting a unique self-driving approach reliant solely on cameras and AI machi...
10 Oct, 2024, 03.41 PM IST
Elon Musk's Robotaxi dreams plunge Tesla into chaosElon Musk's Tesla Inc. faces a tumultuous year with stock plunges, sales decline, and strategic shifts causing chaos. Musk aims for a robot...
22 Apr, 2024, 09.15 AM IST
Uber reports record ridership and second straight quarterly profitThe company had $9.3 billion in revenue in its most recent quarter, lower than Wall Street investors expected but an 11% increase from a ye...
08 Nov, 2023, 12.26 AM IST
Cruise grew fast and angered regulators. Now it's dealing with the falloutCalifornia's Department of Motor Vehicles last week accused Cruise of omitting the woman being dragged from a video of the incident it init...
04 Nov, 2023, 11.00 AM IST
Alphabet's Waymo lays off more employees, third time this yearAccording to a report in The San Francisco Standard, the fresh layoffs are part of an internal reorganisation process, a company spokespers...
18 Oct, 2023, 10.31 AM IST
Alphabet’s robotaxi venture Waymo lays off 8% workforce: reportIncluding the latest job cuts, the division has let go of 8% of its workforce, or 209 employees, this year.
02 Mar, 2023, 07.39 AM IST
Self-driving car companies zoom ahead, leaving U.S. regulators behindCruise, Tesla, Alphabet Inc's Waymo and Aurora Innovation Inc are among many companies aiming to deploy fully autonomous vehicle technology...
02 Feb, 2022, 12.01 PM IST