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Flying Taxi CEO Is Billionaire Again After Stocks Rally All-Time High
Four years after a much-hyped SPAC deal followed by a swift collapse, shares of flying taxi company Joby Aviation Inc. have rallied to an all-time high, lifting the value of its founder's stake to more than $1 billion.
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Jimmy Fallon Offered $1 Million Air-Taxi Bet by Short Seller
Air taxi company Archer Aviation Inc. has been targeted by short sellers before, but the latest attack has an unusual twist: A proposed $1 million "friendly wager" with the TV show host Jimmy Fallon.
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Flying Taxis Could Soar At LA 2028 Olympics, Helping Spectators Dodge Traffic
Though Archer Aviation is yet to be certified by the US FAA, the company is hoping to begin its LA network operations by as early as 2026.
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Delhi Voters Can Avail Free Bike Taxi Ride Back Home On Polling Day
The Chief Electoral Officer of Delhi has tied up with a bike taxi company under which eligible voters will be provided a free ride from the polling booths to their homes on voting day.
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IndiGo Plans Delhi-Gurugram Electric Air Taxis By 2026. Travel Time: 7 Mins
InterGlobe Enterprises, the parent company of IndiGo, and US-based Archer Aviation will launch an all-electric air taxi service in India in 2026.
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Singapore Taxi App Company Investigates Racist Remark - 'Go Back India'
A ride-hailing company in Singapore is investigating an incident in which a driver made racist remarks against a passenger, asking the person to 'Go back India'.
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US Couple Said Uber "Charged 600% More" For Ride, Company Responds
The incident happened as the cab service made a currency conversion mistake. Instead of charging the fare amount in Costa Rican Colon, the company charged the fee in US Dollars.
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Uber, Ola Bike Taxis Will Be Impounded if They Don't Halt Operations in New Delhi
New Delhi city authorities will start impounding the bike taxis of companies such as Uber and local rival Ola if they do not cease operations in line with a court order backing a ban on them, a senior government official told Reuters on Tuesday.
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Israel Conducts First Test Of Autonomous Flying Taxi To Ease Traffic Congestion
11 drone operating and delivery companies were involved in tests and experimental flights throughout Israel last week.
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Australian Man Charged Double The Fare After He Falls Asleep In Taxi
The man ended up paying the entire amount, but said he will follow up with the company to check what went wrong.
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Uber Says Delhi's Plan to Only Allow Electric Bikes May Impact Mobility
Uber Technologies said on Friday that the plans by the local government in India's Delhi city to only allow electric vehicles to function as bike taxis would risk "finishing off the sector" and impact the mobility needs of millions. Delhi's plans, part of a new policy to regulate vehicles used by ride-hailing companies like Uber and rival Ola, are...
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Amazon’s Zoox Seeks to Test Self-Driving Taxi in California Ahead of Launch of Robotaxi Business
Zoox, the Amazon-owned self-driving technology company, announced on Tuesday that it had sought permission to test its robotaxi, a vehicle with no pedals or steering wheel. The VH6 vehicle has room for four passengers, with two facing each other. The company says it can compete with, Uber and Lyft while making money and being cost competitive even ...
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Uber Files Reveal Company Exploited Violence Against Drivers: 10 Points
Uber Files includes records from 83,000 emails and 1,000 other files involving conversations.
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GM's Cruise Wins First California Permit To Carry Paying Riders In Driverless Cars
General Motors Co's Cruise became the first company to secure a permit to charge for self-driving car rides in San Francisco, after it overcame objections by city officials.
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Uber To Cut Costs, Slow Down Hiring, CEO Tells Staff
The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc
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Flying Taxi CEO Is Billionaire Again After Stocks Rally All-Time High
Four years after a much-hyped SPAC deal followed by a swift collapse, shares of flying taxi company Joby Aviation Inc. have rallied to an all-time high, lifting the value of its founder's stake to more than $1 billion.
-
Jimmy Fallon Offered $1 Million Air-Taxi Bet by Short Seller
Air taxi company Archer Aviation Inc. has been targeted by short sellers before, but the latest attack has an unusual twist: A proposed $1 million "friendly wager" with the TV show host Jimmy Fallon.
-
Flying Taxis Could Soar At LA 2028 Olympics, Helping Spectators Dodge Traffic
Though Archer Aviation is yet to be certified by the US FAA, the company is hoping to begin its LA network operations by as early as 2026.
-
Delhi Voters Can Avail Free Bike Taxi Ride Back Home On Polling Day
The Chief Electoral Officer of Delhi has tied up with a bike taxi company under which eligible voters will be provided a free ride from the polling booths to their homes on voting day.
-
IndiGo Plans Delhi-Gurugram Electric Air Taxis By 2026. Travel Time: 7 Mins
InterGlobe Enterprises, the parent company of IndiGo, and US-based Archer Aviation will launch an all-electric air taxi service in India in 2026.
-
Singapore Taxi App Company Investigates Racist Remark - 'Go Back India'
A ride-hailing company in Singapore is investigating an incident in which a driver made racist remarks against a passenger, asking the person to 'Go back India'.
-
US Couple Said Uber "Charged 600% More" For Ride, Company Responds
The incident happened as the cab service made a currency conversion mistake. Instead of charging the fare amount in Costa Rican Colon, the company charged the fee in US Dollars.
-
Uber, Ola Bike Taxis Will Be Impounded if They Don't Halt Operations in New Delhi
New Delhi city authorities will start impounding the bike taxis of companies such as Uber and local rival Ola if they do not cease operations in line with a court order backing a ban on them, a senior government official told Reuters on Tuesday.
-
Israel Conducts First Test Of Autonomous Flying Taxi To Ease Traffic Congestion
11 drone operating and delivery companies were involved in tests and experimental flights throughout Israel last week.
-
Australian Man Charged Double The Fare After He Falls Asleep In Taxi
The man ended up paying the entire amount, but said he will follow up with the company to check what went wrong.
-
Uber Says Delhi's Plan to Only Allow Electric Bikes May Impact Mobility
Uber Technologies said on Friday that the plans by the local government in India's Delhi city to only allow electric vehicles to function as bike taxis would risk "finishing off the sector" and impact the mobility needs of millions. Delhi's plans, part of a new policy to regulate vehicles used by ride-hailing companies like Uber and rival Ola, are...
-
Amazon’s Zoox Seeks to Test Self-Driving Taxi in California Ahead of Launch of Robotaxi Business
Zoox, the Amazon-owned self-driving technology company, announced on Tuesday that it had sought permission to test its robotaxi, a vehicle with no pedals or steering wheel. The VH6 vehicle has room for four passengers, with two facing each other. The company says it can compete with, Uber and Lyft while making money and being cost competitive even ...
-
Uber Files Reveal Company Exploited Violence Against Drivers: 10 Points
Uber Files includes records from 83,000 emails and 1,000 other files involving conversations.
-
GM's Cruise Wins First California Permit To Carry Paying Riders In Driverless Cars
General Motors Co's Cruise became the first company to secure a permit to charge for self-driving car rides in San Francisco, after it overcame objections by city officials.
-
Uber To Cut Costs, Slow Down Hiring, CEO Tells Staff
The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc
