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).
Alia Kemet, vice president of creative and digital at McCormick, joins Cheddar News to discuss Frank's RedHot releasing an edible NFT ahead of the Super Bowl.
A new analysis shows that sales in the metaverse real estate land topped $500 million in 2021. The recent surge in sales came as a result of Facebook's decision to rebrand itself as Meta in hopes to focus more on the metaverse. According to investors and analytic firms, those numbers could jump even higher and reach a billion bucks by 2025. Ceo of Republic Realm, Janine Yorio, joined Cheddar to discuss more.
In January alone, the gaming sector has seen three major acquisitions. Yesterday, Sony added to the flurry of M&A activity in the gaming space, snatching up game developer 'Bungie' for $3.6 billion dollars. Renee Gittins, executive director at the International Gaming Developers Association, joins Cheddar News to discuss.
Google’s philanthropy arm, Google.org, recently announced a $10 million grant for the AARP Foundation to aid in teaching digital skills to low income older workers. As the implementation of hybrid work expands, a greater emphasis is being placed on helping workers 50 years old and up — especially among women and people of color — to be digitally literate in order to keep the workplace generationally diverse. Lisa Marsh Ryerson, president of the AARP Foundation, joined Cheddar News to talk about the curriculum of the partnership. "Those of us who are 50 and older are not digital natives, so we do have a learning curve that we have to address," she noted.
AT&T announced earlier today it is spinning off its media properties in WarnerMedia in a merger with Discovery in a $43 billion deal.Scott Rostan, founder and CEO at Training The Street, joined Cheddar to talk about what the unwinding of the telecom giant's Time Warner media properties means for investors. "I think the investor sentiment is they're digesting the new information, and they're looking into the dividend, especially the reduction of the dividend," said Rostan, noting the transaction allows AT&T to focus on its core telecommunications business.
