American ride-hailing and mobility platform
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.
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.
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.
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.
A wave of updates across Uber, Waymo, Baidu, and others is redefining autonomous-vehicle deployment in major markets. Partnerships are shifting, apps are expanding beyond rides, and regulators are sharpening standards. The evolving ecosystem is accelerating, with major players preparing for broader rollout in 2028 and beyond.
Andy Burnham has become prime minister and has announced a cabinet that removes key Starmer allies, appoints John Healey as chancellor and moves Ed Miliband to the Foreign Office. Burnham has promised immediate measures to give households "breathing space", to end rough sleeping and to set out how he will pay for his plans this week.
Uber has offered €41.50 per Delivery Hero share in a deal valuing the company at $14.8 billion. The all-stock transaction would expand Uber Eats across 99 countries and increase the overlap with its ride-hailing business. Regulators will scrutinize competition; 14 markets will be divested to SSW Partners to satisfy antitrust concerns. The deal is expected to close in H2 2027.
Los Angeles prosecutors have presented texts, photos and forensic evidence at a preliminary hearing accusing singer David Anthony Burke, known as D4vd, of murdering and sexually abusing 14-year-old Celeste Rivas Hernandez. Evidence shown has included long-running messages, indications of a pregnancy and abortion, purchases of tools and a body bag, and DNA matches tying blood in Burke’s garage and a Tesla to the victim.
JPMorgan has restructured its AI leadership, retiring its AI chief and aligning the chief data and analytics office with Global Technology. The changes aim to integrate AI delivery into business units and sustain momentum in AI initiatives, as the bank emphasizes governance and external engagement.
Australia’s 2026 Census will be released in three stages starting June 2027, with an initial broad dataset followed by employment and location data in late 2027 and later socioeconomic indicators in 2028. The ABS emphasizes strict confidentiality and data-linking protections.
Zoox has received a temporary NHTSA exemption that allows it to charge fares for its purpose-built robotaxis and will start paid rides in Las Vegas on Aug. 10. The company can deploy up to 2,500 vehicles annually for two years under enhanced federal oversight while state and local approvals remain required for expansion.
Uber reports that AI costs per token have declined while adoption climbs, signaling efficiency gains amid ongoing enterprise AI investments. CFO says costs are stabilizing as engineering productivity improves; CTO notes a shift from token maximization to efficient usage. Other tech firms eye AI-driven cost controls and new app strategies.
London's TfL has licensed 15 private-hire autonomous vehicles with human supervision to begin trials later this summer, paving the way for robotaxis in the capital. Uber and Wayve say thousands are on the waiting list as regulators monitor safety and prepare for potential driverless trips.
Bumble has announced changes allowing either user to send the first message and extending the reply window to 72 hours, as part of a broader move by dating apps to combat user fatigue and lift engagement.
AGoogle‑reported campaign shows hackers using voice phishing to target private equity firms, law firms and ratings agencies, stealing passwords and MFA codes via spoofed help desks. Several victims reportedly paid ransoms; researchers warn that the human element remains the biggest weakness in corporate security.
Moove has raised $250 million in a Series C led by Mubadala, supporting its plan to scale autonomous-vehicle operations while continuing its human-driven fleet business. The funding values Moove at $2.1 billion and will fund depots, hiring, and expansion with Waymo partnerships.
Lime reports growing usage in London and other cities, focusing on expanding in current markets while improving reliability. The company highlights AI-driven placement to boost availability, as it navigates regulatory scrutiny and safety concerns around e-bikes.
Waymo has expanded its Ojai robotaxi rollout, adding more U.S. markets and plans to accelerate fleet growth. The company is integrating its sixth‑generation self‑driving system with Zeekr’s Ojai platform, aiming to reduce cost and improve safety as deployments accelerate globally.
Serve Robotics has expanded its autonomous sidewalk delivery rollout in Washington and San Jose, while continuing partnerships in Chicago, Los Angeles and Miami. Uber has divested its stake, signaling a strategic pivot as Serve scales the fleet and explores coordination with new partners.
The Fair Work Commission has issued a minimum standards order for on-demand gig workers in Australia, setting an earnings floor between $31.30 and $32 per hour, plus required personal accident insurance and third-party vehicle insurance. The changes take effect on 17 August and affect hundreds of thousands of workers, with unions calling it a landmark moment.
The Guardian, Business Insider UK and The Guardian report on AI boot camps and workplace AI integration. The government is piloting three-week AI training for up to 70 youths to boost employability, with apprenticeships a goal. Separately, UK firms test AI-driven performance metrics and RL environments to train and evaluate workers. Experts warn three weeks may not render long-term AI readiness.
Officials across major states are tightening rules on e-bikes, e-scooters and similar devices after a spate of injuries and high-profile incidents. The move comes amid a patchwork of local laws and new age, registration and helmet requirements, with critics warning about broad strokes that risk sidelining safe riders.
Genesis unveils the GV90, its first full-size electric SUV, signaling a bold push into premium markets. The Neolun variant with coach doors and a lounge-like cabin showcases high-end features as Genesis outlines its three pillars—luxury, performance and hospitality—while signaling a broader portfolio development.
Walmart has announced it will start accepting tap‑to‑pay, including Apple Pay and Google Pay, at select Walmart and Sam’s Club locations from August 24, 2026, and will roll the feature out to all U.S. stores and clubs by the end of 2026; fuel stations will be upgraded by mid‑2027. The company says the move gives customers more choice at checkout.
The Dutch Data Protection Authority has imposed an €825 million fine on Uber for GDPR violations involving automated decision-making that suspended drivers from 2018 to 2022, with human review and appeal processes underscored by regulators.
A round-up of market commentary from CNBC and Business Insider UK shows mixed outlooks on AI, semiconductors and defense, with investors weighing short-term volatility against longer-term growth catalysts. Several executives stress caution as valuations remain volatile.
Uber has expanded a live video feature for teen riders, enabling guardians to view rides in real time via the driver’s front-facing camera. The tool is currently in nine U.S. markets and will roll out nationwide in coming weeks. Access is opt-in for drivers and guardians, and videos are encrypted and not viewable after trips.
Waymo plans phased testing in Munich this autumn, building high-definition maps and adapting software to the city’s conditions before a public launch by end-2027. The rollout in Munich marks another international expansion as Waymo targets a broader European footprint amid competition with Tesla and other AV players.
Qantas has reported an underlying profit before tax of A$2.06 billion for the year to 30 June, with higher fuel costs weighing on earnings. The carrier says demand remains strong and will push to maximise revenue, including exploring more fleet upgrades and ancillary charges through Jetstar. Jetstar is expanding ancillary revenues as part of a broader profitability push.
Voters in Guinea‑Bissau have approved a new constitution that shifts the country from a semi‑presidential to a stronger presidential system, with provisional results showing about 70% support and turnout near 55–60%. The charter gives the president power to appoint and dismiss the prime minister and cabinet, create or abolish ministries and dissolve parliament ahead of December elections.
The Guardian, AP News, Independent, BBC Business, New York Post report that singer D4vd—David Burke—has entered a not guilty plea to murder and related charges in Los Angeles. His former private defense team has withdrawn, replaced by the LA County Public Defender’s Office after a financial evaluation deemed him eligible for appointed counsel. A status conference is scheduled for October; prosecutors maintain readiness to prove all charges beyond reasonable doubt.
Uber has announced a reorganisation that will reduce its global headcount by about 10% and collapse small "micro-teams", flatten management and require almost all staff to work from hubs rather than remotely. CEO Dara Khosrowshahi has said the changes will make Uber "simpler and faster" and free money to reinvest in autonomous vehicles and core services.
Uber has winded down its operations in Nigeria and Uganda after a thorough review, effective September 2, 2026. The move comes as part of a global restructuring that includes cutting about 3,300 jobs. The company remains committed to sub-Saharan Africa but is refocusing investments on growth, automation and markets with stronger opportunities.
Uber and Wayve have launched a small pilot of autonomous, all-electric Ford Mustangs in London. Fifteen vehicles operate with safety drivers on board as regulators weigh broader rollout. Customers can opt in via the Uber app; fares match standard Uber rides.
Tesla has launched its two-seat, steering‑wheel‑free Cybercab robotaxi in Austin and begun limited service in other Texas and Florida cities. Federal safety regulators have opened an audit of Tesla's self‑certification, investors have punished the stock after an underwhelming launch, and rivals Waymo and Amazon’s Zoox are intensifying the robotaxi race.
Protests against foreigners have intensified, prompting Nigeria’s parliament to express concern over Nigerians’ safety in South Africa. Officials report migrants leaving in large numbers amid mounting xenophobic violence; official counts show tens of thousands repatriated or deported.
Foreign nationals face rising violence and diplomatic strain as anti-foreigner protests escalate in South Africa. Nigeria and other states suspend engagements with South Africa amid killings and displacement of migrants.
May Mobility plans a SPAC merger to become the first pure-play robotaxi company listed in the U.S., aiming to scale with an asset-light, partner-focused model. Lyft expands its Waymo/Nashville partnership to broader regions, signaling the commercial viability of driverless rides. Bloomberg notes a rider match feature expanding, while financing details shape deployment timelines.
Automated vehicles have incorporated features like braking and monitoring, yet critics question whether they enhance safety or erode driver autonomy. Across reports, users describe discomfort with surveillance and the loss of control as robotaxis and autopilot systems become more common.
DoorDash is expanding nationwide Costco delivery in the U.S., joining Uber Eats in extending grocery delivery networks. The move follows DoorDash’s existing partnerships in Puerto Rico and Australia and comes as Costco membership drives delivery uptake. Uber Eats is extending its Costco delivery to nearly 600 locations, while Instacart and Amazon face intensified competition in the grocery space.