A partnership between Volkswagen and self-driving vehicle startup Aurora has ended, according to a report by the Financial Times, citing three people familiar with the matter. A spokesperson from VW confirmed the news, telling TechCrunch that “activities under our partnership have been concluded.” VW did not provide any further details. Aurora didn’t provide any details either, accept to say “VW Group has been a wonderful partner” since its early days of development of its self-driving vehicle stack dubbed the Aurora Driver. Aurora, a nearly three-year-old startup that has raised $530 million, develops and supplies the “full-stack solution” for self-driving vehicles. It has existing partnerships with Hyundai, Byton and, more recently, Fiat Chrysler Automobiles, as well as several other unnamed companies, which it alluded to in its statement. “As the Driver matures and our platform grows in strength, we continue to work with a growing … [Read more...] about VW’s partnership with self-driving car startup Aurora has ended
2019 self driving cars
In the manicured grounds of a public library in Chandler, Arizona, Liisa Walimaa is waiting for a robot to take her to Macy’s. For a year Walimaa has been a participant in a closely guarded experiment being run by Waymo, a division of Alphabet (née Google), in this suburb of Phoenix that could change the face of global transportation on a scale unseen since we ditched horses for cars. Automated vehicles offer the promise of fewer road fatalities, cheaper rides and greater mobility for the blind and otherwise disabled. They could also cost millions of jobs, threaten public transport spending and upend insurance. Technology companies may love to talk about “disruption”, but what is happening in Chandler is genuinely worthy of the word. There have been setbacks (there will be more) and progress has been slower than first promised, but Walimaa thinks that in five or 10 years, autonomous vehicles will be as viable an option as taking a bike, calling a regular taxi or … [Read more...] about ‘I’m so done with driving’: is the robot car revolution finally near?
With the holidays right around the corner, there’s never been a better time to use ridesharing apps to get you home safely. At a competitive price, ridesharing apps deliver you a private driver to ensure you and your loved ones aren’t left stranded when it comes time to call it a night. These days, Uber isn’t the only game in town when it comes to ridesharing apps. Below, we’ve listed our top picks for the best ridesharing apps so you can hail a sedan, SUV, minivan, or even a luxury car at the touch of a finger. On-demand rides Uber San Francisco-based Uber is by far the most popular ridesharing service around. As of November 2017, Uber had 7 million drivers in 600 different cities. The app works worldwide, too, so you can count on Uber to get you home even if you’re partying in a foreign country. Uber’s pricing is fairly competitive on most days of the year, even when you need a ride on a busy summer night. If you don’t mind riding with … [Read more...] about The best ridesharing apps for 2019
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VIENNA (Reuters) - Austria’s AMS (AMS.S) plans to launch a new takeover bid for German lighting group Osram (OSRn.DE) at the same price but lowering the acceptance rate to 55%, to make its vision of becoming a global leader in sensors and lights come true. FILE PHOTO: The logo of German lighting manufacturer Osram is illuminated at the company's headquarters in Munich, Germany, September 16, 2019. PIcture taken with long exposure. REUTERS/Andreas Gebert/File Photo Sensor specialist AMS failed with its 4.5 billion euro ($5 billion) takeover offer for the leader in automotive lighting after a fierce takeover battle earlier this month. It collected 51.6% of Osram shares, including its own nearly 20% stake, falling short of the required 62.5%. However, it vowed to pursue the acquisition. Swiss-listed AMS, which is best known for supplying Apple (AAPL.O) with sensors for iPhones, wants to expand in the auto industry and supply manufacturers with sensors and lighting systems … [Read more...] about AMS plans new Osram offer: Same price, lower acceptance rate
VIENNA (Reuters) - Speculation that sensor specialist AMS (AMS.S) could make a higher offer to remaining Osram (OSRn.DE) shareholders to persuade them to sell propelled the German lighting group’s stock to a 17-month-high on Monday. FILE PHOTO: The logo of German lighting manufacturer Osram is illuminated at the company's headquarters in Munich, Germany, September 16, 2019. REUTERS/Andreas Gebert Osram shares gained as much as 15.4% to 44.44 euros after AMS said on Friday it had succeeded in its second 4.6 billion euro ($5.1 billion) attempt to take over Osram. Zurich-listed AMS stock was 4.6% lower at 46.18 Swiss francs at 1438 GMT. The concrete result of the takeover is expected to be published on Tuesday. AMS, which wants to combine its expertise in sensors with Osram’s in lights and develop package solutions for self-driving cars and smartphone applications, failed with a first offer at the same price of 41 euros per Osram share in October. It lowered the … [Read more...] about Osram shares surge as investors bet on higher AMS offer for remaining stake