Nov 15, 2019

Uber's driverless technology strategy

Uber self-driving test vehicles in Pittsburgh. Photo: Angelo Merendino/AFP via Getty Images

Uber CEO Dara Khosrowshahi says the first AVs could be deployed on the ride-hailing network within three to five years, but other companies will bear the cost of owning and maintaining those self-driving cars.

Why it matters: Driverless technology is a key to profitability for Uber, which has warned investors to expect losses of almost $3 billion this year. But if all it does is replace the cost of a human driver with the overhead from managing its own fleet of self-driving cars, it won't be any closer to achieving a profit.

  • "Marriott doesn't own a single hotel, right? There are these financial entities that own the hotels. Marriott is the brand," Khosrowshahi tells Axios.
  • "There are going to be financial players ... who own these cars. There will be operating companies that take care of [them], refuel them, repair them, etc. And then we want to be the operating system that drives the car."

Catch up fast: Khosrowshahi talked about financials, autonomy, rider safety, unions and politics during a wide-ranging "Axios on HBO" interview with Dan Primack and Mike Allen.

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In photos: Protests over George Floyd's death grip Minneapolis

Protesters gather at Hennepin County Government Plaza on Thursday in Minneapolis, Minnesota.

Protests in response to the death of George Floyd, a black man who died shortly after a police encounter in Minneapolis, are ongoing as the nation waits to see if the officers involved will be charged with murder.

The state of play: Minnesota's governor on Thursday activated the state's national guard following violent outbreaks throughout the week.

Updated 2 hours ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

New Zealand has a single novel coronavirus case after reporting a week of no new infections, the Ministry of Health confirmed on Friday local time.

By the numbers: Nearly 6 million people have tested positive for COVID-19 and over 2.3 million have recovered from the virus. Over 357,000 people have died globally. The U.S. has reported the most cases in the world with over 1.6 million.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8:30 p.m. ET: 5,803,416 — Total deaths: 359,791 — Total recoveries — 2,413,576Map.
  2. U.S.: Total confirmed cases as of 8:30 p.m. ET: 1,720,613 — Total deaths: 101,573 — Total recoveries: 399,991 — Total tested: 15,646,041Map.
  3. Public health: The mystery of coronavirus superspreaders.
  4. Congress: Pelosi slams McConnell on stimulus delay — Sen. Tim Kaine and wife test positive for coronavirus antibodies.
  5. World: Twitter slapped a fact-check label on a pair of months-old tweets from a Chinese government spokesperson that falsely suggested that the coronavirus originated in the U.S.
  6. 2020: The RNC has issued their proposed safety guidelines for its planned convention in Charlotte, North Carolina.
  7. Axios on HBO: Science fiction writers tell us how they see the coronavirus pandemic.
  8. 🏃‍♀️Sports: Boston Marathon canceled after initial postponement, asks runners to go virtual.
  9. What should I do? When you can be around others after contracting the coronavirus — Traveling, asthma, dishes, disinfectants and being contagiousMasks, lending books and self-isolatingExercise, laundry, what counts as soap — Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingHow to minimize your risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it, the right mask to wear.

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