Thursday, 14 December, 2017

Lyft announces plan to develop self-driving cars

Lyft's self-driving vision Lyft's self-driving
Preston Stone | 22 July, 2017, 00:23

"If that person needs to go somewhere self-driving cars are unable to navigate, or their needs call for a different level of service, they will have a driver", Vincent said in a blog post on Medium. The company is opening a new self-driving research facility in Palo Alto, CA. over the next few weeks, Lyft announced today.

As with other companies that have been publicly testing self-driving cars, Lyft riders who participate in the program will be accompanied by test drivers sitting in the front seats of the vehicles.

Lyft executives believe that the self-driving-car race is in its early days, and that companies that may consider one another rivals still have much to gain from collaborating and learning while building the automobile fleets of the future.

Transportation company Lyft announced Friday it's launching a self-driving vehicle division and will develop its own ride-hailing technology. Ideally, a company like Lyft would love to craft its own self-driving solution (not having to pay a third-party for driving tech would mean more money stays at home) but the time and cost involved in doing so is monumental.

Lyft's cice president of engineering Luc Vincent pointed out that partnerships, also, will make the entire process of bringing autonomous vehicles to market more cost-effective, because you're sharing "lots of off-the-shelf equipment [and] lots of building blocks of software".

The move comes as its main competitor, ride-hailing giant Uber, runs rudderless after its founder Travis Kalanick resigned last month following a chain of scandals. It plans to outfit these vehicles with cameras and sensors to collect data that will ultimately train its self-driving cars.

Unilever Posts 3.3b Euros Income In First Half
Earnings per share increased by 24.1 per cent to €1.09, while underlying earnings per share rose by 14.4 per cent. The company said it remains on track for underlying sales growth of between 3% and 5% over the full year.

Uber's approach is closer to that of Apple: Both companies want to control most of the product, whether the software or the hardware.

With the arrival of autonomous transportation, passengers will enjoy a state-of-the-art ride.

However, Lyft employs a team to work on regulatory matters and has made in-roads in Washington for other issues in the past.

As Uber implodes spectacularly, ride-hailing company Lyft is again following its biggest competitor's footsteps, this time diving headfirst into a massive autonomous auto project that could someday send its human drivers off to some other corner of the godforsaken sharing economy. It's also collecting information on the routes they drive that will help it create a mapping system for the vehicles.

Uber had the lead on ride-hailing and self-driving cars for a while, but it's encountered some roadblocks.

Recommended

  • Khoza to face the wrath of the ANC in KZN

    Khoza to face the wrath of the ANC in KZN

    Parliament, in a statement on Wednesday, said it is working with the police to provide protection for Khoza. Mandela Day also saw ANC MP and former finance minister Pravin Gordhan say that Zuma should "step aside".

    FelCor Lodging Trust (FCH) Getting Positive News Coverage, Analysis Shows

    Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Dalton Greiner Hartman Maher & Co. increased its stake in shares of FelCor Lodging Trust by 0.4% in the first quarter.
    State Department's Painter leaving

    State Department's Painter leaving

    The agreement helped curb Chinese hacking attempts on corporate targets and reduced the country's espionage efforts against the U.S.
  • Drug dealer reports stolen cocaine to cops; gets arrested

    Drug dealer reports stolen cocaine to cops; gets arrested

    According to the arrest report, Blackmon asked deputies why they let him keep talking if they saw the cocaine in the vehicle . He was arrested on Sunday and charged with resisting arrest without violence, as well as possession of the drugs and pipe.
    Blac Chyna finds strength after recent Rob Kardashian drama

    Blac Chyna finds strength after recent Rob Kardashian drama

    And I talked to her, I get her, you know what I'm saying? "I feel like, if I can come from this, I can come from anything". The fact that Blac Chyna immediately liked the pictures, the problem is, there goes her argument of emotional distress.
    Ryan Seacrest officially returning to host 'American Idol'

    Ryan Seacrest officially returning to host 'American Idol'

    Then all of a sudden you get back together. "Very exciting", Seacrest said on the show after Ripa gave everyone the good news. The network previously announced Katy Perry as one of the " Idol " judges; the other spots haven't been filled yet.
  • Donald Trump Trolled by Japanese First Lady

    Donald Trump Trolled by Japanese First Lady

    But Prime Minister Abe's wife, Akie Abe, may have just taken the cake for the best tactic to snub Trump . Was the first lady being next level petty or does she really not understand English? "She actually can.
    Alex Bowman will drive Dale Earnhardt Jr.'s No. 88 next season

    Alex Bowman will drive Dale Earnhardt Jr.'s No. 88 next season

    Last year's Cup series starts weren't Bowman's first go-around with Hendrick Motorsports . "Now I just want to go win". Hendrick Motorsports posted photos and video of members of the No. 48 and 88 teams welcoming Bowman to the shop.
    Thai general guilty in mass trafficking case

    Thai general guilty in mass trafficking case

    And some rights groups say the convictions fall short of adequately addressing Thailand's systemic trafficking problems. Human trafficking charges carry a sentence of up to 15 years and a fine of up to 1 million baht (USD 29,759).
  • Leo Varadkar to invite royals Prince William and Kate Middleton to Ireland

    Leo Varadkar to invite royals Prince William and Kate Middleton to Ireland

    The couple, who Wednesday in 2011, welcomed their first child, George , in July 2013 and their second, Charlotte , in May 2015. Kate and Will, along with the adorable Prince George and Princess Charlotte , have now left Poland and are heading to Berlin.
    McGregor will go down as greatest fighter in history - Attar

    McGregor will go down as greatest fighter in history - Attar

    And he told The MMA Hour: "I wouldn't say I'm going there to train him but I might be able to give him some technical titbits". Conor McGregor arrived in Las Vegas for the final part of his training camp ahead of his mega-fight with Floyd Mayweather .
    Lena Dunham is officially joining the cast of 'American Horror Story'

    Lena Dunham is officially joining the cast of 'American Horror Story'

    Dunham bid farewell to her and Jenni Konner's HBO series Girls in April, when the Season 6 and series finale drew 741,000 viewers. Her role is so far unknown, as is the title for season 7 for now, though it's expected to be revealed on July 20.

Amazon adds Alexa to its shopping app, rollout beginning this week Amazon adds Alexa to its shopping app, rollout beginning this week Amazon Alexa is a great virtual assistant, but she isn't available on most every Android device like Google Assistant is. Apparently, the in-app version of Alexa will be nearly the same as the one found on the Amazon Echo and Dot speakers.

Team Astana's Aru loses top 3 position at Tour de France Team Astana's Aru loses top 3 position at Tour de France He can still avoid joining the list in Marseille, but it is a secondary concern. It's not quite done yet but the toughest part of the Tour is behind us.

Paris Club refund: Ondo govt. confirms receipt of N7 billion Paris Club refund: Ondo govt. confirms receipt of N7 billion The News Agency of Nigeria reports that the first tranche of N12.7 billion was received by the government in 2016. The Economic and Financial Crimes Commission (EFCC) has since launched an investigation into the allegation.

OJ Simpson's parole hearing proves we're lucky Twitter didn't exist in 1995 OJ Simpson's parole hearing proves we're lucky Twitter didn't exist in 1995 He said Simpson's almost nine years behind bars is "way too long" and that it's time for him to go home to his family and friends. Connie Bisbee, chairwoman of the Nevada Board of Parole Commissioners , said it would take about 30 minutes to make a decision.

Apple And Balmain Team Up For Special Edition Beats Headphones Apple And Balmain Team Up For Special Edition Beats Headphones On Wednesday, Apple released a special edition collection along with French design house Balmain . They both represent "Olivier's vision of a dreamlike urban safari".

Union Pacific Corporation (NYSE:UNP) Reviewed By Analysts Union Pacific Corporation (NYSE:UNP) Reviewed By Analysts Now Union Pacific Corporation's current price is $27.75 shy of the official highest sell-side analyst price target on Wall Street. Twitter, Inc. (NYSE:TWTR) shares were last seen up 0.20% at $19.98, which is -25.98% lower than the previous trading session.

Senate panel unanimously approves Federal Bureau of Investigation nominee Senate panel unanimously approves Federal Bureau of Investigation  nominee The younger Trump hoped the meeting would yield damaging information about Hillary Clinton. Wray testified that he would lead the Bureau free of political considerations.

Philip Morris International, Inc. (PM) — Hot Trending Stock Philip Morris International, Inc. (PM) — Hot Trending Stock It is the same, as 90 investors sold PM shares while 466 reduced holdings. only 97 funds opened positions while 478 raised stakes. The New York-based Gotham Asset Mngmt Ltd Llc has invested 0.54% in Philip Morris International Inc. (NYSE:PM) for 444 shares.

This Is Microsoft's Gorgeous New Nest Competitor This Is Microsoft's Gorgeous New Nest Competitor As of now, there have been no comments from Microsoft on the development beyond the teaser video that was posted on YouTube . In having Cortana voice activation built-in, it has similarities to the Ecobee4 - which is powered by Amazon Alexa .

Mario Draghi plays for time Mario Draghi plays for time One analyst says the European Central Bank seems in no rush to start decreasing its extraordinary bond-buying stimulus program. Some analysts also expect Draghi to hint then that an interest rate hike will come only after the withdrawal of stimulus.

Netflix offers new 'Death Note' and 'Bright' clips Netflix offers new 'Death Note' and 'Bright' clips In the three-minute trailer, we catch glimpses of not only Orcs but rich Elves, bothersome fairies, and all manner of magic.

O'Meara shocker starts British Open golf O'Meara shocker starts British Open golf Jordan Spieth carded his lowest round at The Open to move into an early share of the lead on the opening day at Royal Birkdale. He was poised to join the leaders when he reached 5 under with a birdie on the 15th, only to drop shots on the next two holes.

EBay Off 3%: Q2 Revenue, EPS In-Line, Q3 EPS View Light EBay Off 3%: Q2 Revenue, EPS In-Line, Q3 EPS View Light Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it. USA Financial Portformulas Corp acquired a new position in shares of eBay during the fourth quarter valued at $5,303,000.

Uruguay Pharmacies First in the World to Sell Recreational Marijuana Uruguay Pharmacies First in the World to Sell Recreational Marijuana The new law also allowed up to 45 people to operate grow houses, or "clubs", with up to 99 plants for members' personal use. Since announcing their historic marijuana reform policy, several other countries have jumped on the reform bandwagon .

Henson Literally Slays as a Hit Woman in the Proud Mary Trailer Henson Literally Slays as a Hit Woman in the Proud Mary Trailer If the trailer track and title are any indication, here's hoping Proud Mary's soundtrack is as awesome as its leading lady. This is certainly a change from her latest performance in the Oscar nominated biopic, Hidden Figures .