Global ride-hailing, delivery and freight giant
Labour leader Andy Burnham has announced his plan for a new prime ministerial team, outlining who may fill key roles such as chancellor and foreign secretary. Reports indicate Shabana Mahmood is favored for the Treasury and Ed Miliband could take a back seat amid a shifting cabinet dynamic as Burnham prepares to take office.
A federal jury in Charlotte has awarded a plaintiff $5,000 in a sexual assault lawsuit against Uber. The case is part of a broader wave of lawsuits across the US, with Uber planning to appeal. The verdict highlights ongoing safety concerns and legal debates over liability for driver misconduct.
Uber has introduced hotel bookings in its app via Expedia, with Vrbo listings to follow. The move, part of Uber’s drive to become an “everything app,” includes a travel mode and in-app shopping options. Uber One members receive discounts and credits for hotel bookings as part of the rollout.
Rising gas prices have pressured households, but Uber, DoorDash and Instacart have largely beat earnings expectations. The firms are expanding value plays—membership programs, gas-relief payments and new services—to keep higher-income users engaged while preserving volumes.
Several firms have announced expansion plans and new measures that will accelerate commercial robotaxi rollouts. Mobileye has announced a 2027 U.S. launch with an initial 100-vehicle fleet and a five-year target of 17,000; Wayve and Uber are preparing a supervised London service in the coming months; Tesla and Waymo are expanding U.S. coverage; and new indices show Chinese robotaxi players are scaling faster than many expected.
The White House has issued a scaled-back executive order asking frontier AI firms to voluntarily share advanced models 30 days before release for cybersecurity review. Last week the administration has imposed export-style restrictions that forced Anthropic to cut access to its Fable and Mythos models, prompting industry alarm about ad hoc controls and the limits of the voluntary framework.
Rivian has begun delivering the R2, its more affordable EV, with plans for a $50,000 base version by 2027. CEO RJ Scaringe argues the R2 will broaden choice and avoid copying rivals, while production scales in Illinois and Georgia expand capacity.
Jonathan Rinderknecht has pleaded not guilty to federal charges linked to the Palisades Fire that destroyed thousands of homes and killed 12 people. Prosecutors say the New Year’s blaze began Jan. 1, 2025 and grew into a deadly inferno by Jan. 7. Defense argues he is being blamed for firefighting failures. Jury selection is underway in a Los Angeles federal court and the trial is expected to last about two weeks.
Meta has announced a 168-megawatt AI-enabled data center in Jamnagar, Gujarat, built by Reliance Industries with renewable energy and desalinated water cooling. The facility will be ready within two years and can be expanded, supporting Meta’s global AI infrastructure as part of a broader India-focused expansion.
Waymo has launched Waymo Premier, a $29.99-per-month membership offering priority pickups, up to five free cancellations monthly, and 10% Waymo Cash back for trips. The program is initially invite-only in San Francisco, Los Angeles and Phoenix, with plans to broaden to additional cities as it presses expansion and pursues higher-value riders.
Cred’s leadership shift and Meta’s $900 million investment strengthen WhatsApp’s push into payments and business services. Kunal Shah departs Cred to lead WhatsApp; Miten Sampat becomes interim WhatsApp chief strategy officer as Cred scales toward an IPO.
Waymo, Wayve, Baidu and Uber-backed ventures have pushed robotaxi testing and commercial rollouts in London, San Francisco and Houston, while Uber has announced Houston as its next market after San Francisco. Companies have recalled vehicles and limited freeway operations after construction-zone incidents, and unions and regulators are blocking some US rollout plans.
Slate Auto has unveiled a bare‑bones two‑seat electric pickup with a $24,950 base price and a two‑row SUV conversion starting at $29,950. The company has raised the base EPA range estimate to about 205 miles, is taking preorders with a $300 deposit, and plans production to begin in late 2026 with direct online sales.
Lucid Group has filed to cut about 18% of its U.S. workforce, eliminating the chief operating officer position as part of a drive to align production with demand and move toward profitability. The moves follow February cuts and precede the potential mass-market Cosmos launch this year, while the company pursues robotaxi plans with Uber and Nuro.
Zoox has unveiled interior and interface improvements to its bidirectional robotaxi as it eyes a wider rollout later this year, including a lighter interior, new seating, larger cupholders, improved touchscreens, and two-way audio for riders and first responders. Production is planned at the Hayward facility with up to 100 vehicles weekly pending regulatory approval.
TechCrunch reports that Startup Battlefield 200 is accepting applications for Disrupt 2026, with a May 27 deadline. The program seeks early-stage startups and offers a platform to showcase before thousands of attendees, VCs, and media.
OpenAI and Anthropic prepare to list as other tech ventures eye public debuts, amid warnings about IPO pricing. History shows many listings underperform in the long run, but investors remain hopeful as market chatter intensifies.
A series of court rulings restricts high-profile political figures as Lula’s government pushes anti-deforestation efforts. Bolsonaro remains under house arrest for a 2022 coup attempt, while Bolsonaro’s political allies face ongoing legal actions amid a tense presidential race.
The AI-driven shift is forcing brands to rethink online presence, with marketers stressing structured data and authentic content as AI search and recommendation engines gain influence. Firms are investing in content factories and cross-platform strategies as competition for visibility intensifies.
Meta is pursuing a cloud compute business, potentially selling access to excess AI compute power and/or hosted AI models. The move follows high AI infrastructure spending and could reshape the company’s revenue flow beyond advertising. Investors have reacted positively, while rivals and early pilots offer a benchmark for profitability.
Lime has priced its IPO at $25 per share and sold 6.68 million shares, valuing the company around $1.66 billion. Trading has begun on Nasdaq under the ticker LIME, with the stock showing initial strength amid a volatile market for micro-mobility firms.
Federal and local probes have produced new findings and warnings about autonomous vehicles. The NTSB has reported that a Tesla driver manually overrode Full Self-Driving before a June crash that killed a 76‑year‑old in Katy, Texas. NHTSA has issued a directive demanding AV developers fix cases where driverless cars enter or block emergency scenes; Waymo and California regulators are under pressure over several incidents.
Ocado has announced a planned leadership transition with co-founder and CEO Tim Steiner set to step down in 2028. A successor will be identified by the start of the 2028 financial year, with Steiner remaining as a founder adviser through 2029. The move follows pressure from shareholders after a slump in Ocado’s share price and ongoing restructuring.
Menlo Ventures has backed Anthropic since 2023, turning a $4.1 billion pre-money valuation into a potential multi-billion-dollar windfall as Anthropic prepares to go public. The investment has reshaped Menlo, contributing to a new $3 billion fund and elevating Anthropic as a major challenger to OpenAI in AI safety and capability.
Dawood Safi has admitted manslaughter in the fatal 2025 Uxbridge stabbing, citing diminished responsibility due to a psychotic state. He remains on trial for the attempted murders of his landlord and a 14-year-old boy, with further evidence presented in Southwark Crown Court.
Lucid Motors has denied bankruptcy or going-private reports. It says liquidity remains strong enough to fund operations into 2027, with AlixPartners reviewing the business to improve execution and focus on the Gravity SUV. The firm has undergone leadership and workforce changes amid ongoing restructuring.
Uber is moving to acquire Delivery Hero, with Delivery Hero selling 14 markets to SSW Partners and both sides eyeing a deal valued well above €36 per share. The acquisition would expand Uber Eats across Europe, the Middle East, Asia and Latin America, while drawing regulatory scrutiny and potential competition concerns.
Uber has offered €41.50 per Delivery Hero share, valuing the company at €14.8 billion. The deal would combine Uber Eats with Delivery Hero brands across 99 countries, subject to regulatory approvals and a 50% plus one share acceptance threshold. To address competition concerns, Delivery Hero will divest 14 markets to SSW Partners, and Prosus will sell its 17% stake.