Flying in an Uber will cost about as much as an Uber X in a couple of years.
That’s according to a NASA vet-turned Uber executive, who told Cheddar that the airborne vehicle’s effectiveness would drive down its cost.
“These aircrafts are six times more productive, six times faster than a car stuck in traffic on the ground,” Uber Engineering Director of Aviation Mark Moore said Tuesday. “Each one of these vehicles can carry three to four people.”
The company was joined by Bell Helicopter at the Consumer Electronics Show in Vegas to offer a sneak peek of what the electric taxis will look like. This is a part of its Uber Elevate program, which was unveiled last year.
To push the initiative, Uber recently inked a deal with NASA to coordinate air grids. The technology will launch between 2023 and 2025 and will operate in Dubai, Dallas, and Los Angeles.
For full interview [click here](https://cheddar.com/videos/uber-elevate-could-take-to-the-skies-by-2020).
The founder and president of Cyborg Mobile Kobie Hatcher has been on a strong trajectory to disrupt his industry with a program called The New Technologists. It's not only meant to address the diversity gap within large tech companies but also help pave the way to transform the lives of young BIPOC students. He joined Cheddar News to talk about how he's working to make a difference with the lack of diversity in tech. “There's truly no lack of talent out there. It's just identifying them and letting them know that, hey, I've been in the tech sector for over 20 years. I see you. I know what you can bring, bring it, we need it," Hatcher said.
Constituent service platform Indigov recently raised $25 million in a Series B funding round. Indigov bills itself as a constituent relationship management tool that helps elected officials improve the way they organize, respond to, and engage those they serve. The startup's services are being used by federal, state, and local governments across the country, including the U.S. House of Representatives. Alex Kouts, founder & CEO of Indigov, joins Cheddar News' Closing Bell to discuss.
The 2022 NBA playoffs are intensifying as four teams vie for an NBA finals berth. Tonight, Stephen Curry and the Golden State Warriors can book their finals ticket with a win over the Dallas Mavericks, while Miami will be feeling the 'heat' tomorrow night, facing elimination against the Boston Celtics.
And with the growing popularity of sports betting, the NBA playoffs offers a potential money-making opportunity for fans. Trysta Krick, host of BetMGM Tonight, joins Cheddar News' Closing Bell to discuss.
Snap stock saw the worst day ever after a large drop in price on Tuesday following warnings of revenue and earnings slowdown. This trend caught on with other social and digital media stocks due to fears that brands heavily relying on advertising get hit with the same inflation struggles. However, some analysts note that Snap may be a unique case due to a rapid, possibly unsustainable, expansion leading to the current grim forecast.
From Meta’s Oculus to PlayStation’s VR headsets, Cheddar News anchors Ken Bufa and Kristen Scholer cover the potential for this tech in Cheddar Connected as more heavy hitters like Apple look to take the stage.
