Automakers, suppliers team up to share costs of self-driving cars

Automotive suppliers and automakers are expanding alliances to develop self-driving car technology that can serve multiple automakers, as the race to put such vehicles on the road separates companies that can go it alone from those that need help sharing the financial and technical burdens.

Continue reading Automakers, suppliers team up to share costs of self-driving cars

Uber announces ‘UberPITCH 2016’ winners, to invest $50,000

Online cab-hailing firm Uber on Monday announced the winners of ‘UberPITCH 2016’, an India-wide competition to find the brightest startups.

The winning companies are e-commerce startup SeekSherpa, agriculture firm LeanAgri and health startup Ambee.

Uber will invest $50,000 in the companies and invite them to San Francisco where they will get guidance from top executives and other venture capitalists. Continue reading Uber announces ‘UberPITCH 2016’ winners, to invest $50,000