Uber reportedly lost $891M in the second quarter of 2018 as growth slows

Re:Uber reportedly lost $891M in the second quarter of 2018 ... by hugh4life on Saturday August 18, 2018 @07:21PM (#17791421)

"The company’s self-driving unit continues to be a drain on cash"

Uber should not have a self-driving unit. Self driving cars are only going to be safe to use on infrastructure specifically made and certified for self driving cars. That's going to take massive government investment that probably isn't going to come any time soon. You're only going to see self driving cars in say intentionally created smart cities any time soon.

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Re:Uber reportedly lost $891M in the second quarter of 2018 ... by tim333 on Saturday August 18, 2018 @07:30PM (#17791475)

You can see them in Phoenix just now https://www.bloomberg.com/news/features/2018-07-31/inside-th...

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Re:Uber reportedly lost $891M in the second quarter of 2018 ... by oldgradstudent on Saturday August 18, 2018 @07:58PM (#17791616)

I wouldn't call a car with a driver "a self driving car".

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Re:Uber reportedly lost $891M in the second quarter of 2018 ... by mr_toad on Saturday August 18, 2018 @11:48PM (#17792453)

Waymo have already started testing cars with no backup drivers. They’re years ahead of the competition, even GM are 2-3 years behind Waymo, and Uber is probably more years behind them.

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Re:Uber reportedly lost $891M in the second quarter of 2018 ... by oldgradstudent on Thursday August 30, 2018 @12:22AM (#17874071)

As expected, turns out that cars without a driver are remotely monitored.

https://www.theinformation.com/articles/waymos-big-ambitions...

At this point in time there are no driverless cars.

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Re:Uber reportedly lost $891M in the second quarter of 2018 ... by tim333 on Sunday August 19, 2018 @06:41AM (#17793675)

Yeah the article has "...is now starting to test cars in Phoenix with no backup safety driver behind the wheel, something the Jacksons have experienced just once."

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Re:Uber reportedly lost $891M in the second quarter of 2018 ... by UncleEntity on Saturday August 18, 2018 @08:33PM (#17791749)

Pretty sure Uber pulled all the robocars out of the Phoenix metro after the pedestrian death in Tempe.

Still see the google robocars on a regular basis -- which, BTW, are horrible freeway drivers.

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Re:Uber reportedly lost $891M in the second quarter of 2018 ... by tim333 on Sunday August 19, 2018 @06:42AM (#17793677)

Yeah but Uber not Waymo.

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