Uber Goes All-In On Robotaxis

Uber has done its best to kill taxis, and now it's turning on drivers — starting with the drivers on its own app. The company is putting $10 billion into buying either robotaxi fleets or stakes in robotaxi companies, in hopes of cutting those pesky drivers out of its profit margins. From Reuters: Uber has committed more than $10 ​billion to buying thousands of autonomous vehicles ‌and taking stakes in their developers, breaking from its asset-light "gig economy" business model to avoid disruption from robotaxis, ​the Financial Times reported on Wednesday. Reuters could ​not immediately verify the report. Uber did...