“Scale is the primary driver toward profitability,” says Uber CEO Dara Khosrowshahi. “It’s getting big. We’ve got over a billion rides per quarter and we’ve got trips growing at 35 percent on a year on year basis. It’s a combination of growing top-line over 35 percent, technology innovation to delight the customer and take costs […]
“Autonomous driving is coming no matter what,” says Says SoftBank CEO Masayoshi Son. “That’s the destiny of where technology is going to drive us.” He adds: “When autonomous driving comes the cost of providing the service will dramatically get more efficient. It will also dramatically reduce the rate of accidents compared to human driving accidents.
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Merger negotiations between Sprint and T-Mobile have hit a stone wall again, with the former’s parent company, Softbank, apparently ready to walk away from the table. The news came as a surprise as the merger was expected to be formally announced at the end of October or early November. It has been reported that Sprint
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