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).
Activision Blizzard on Thursday released its first annual report on diversity and inclusion, and the results showed that the company has a long way to go before hitting its goals.
The Federal Trade Commission (FTC) has proposed a new rule that would make it easier for consumers to cancel free subscriptions. The so-called "click to cancel" provision requires sellers to make it as easy for users to cancel subscriptions as it was to subscribe.
Ford's business will gradually transition from its internal combustion vehicles to battery electric vehicles, but combustion vehicles will continue to grow for the next few years, CFO John Lawler told Cheddar News.
The U.S. Department of Health and Human Services has released a plan to overhaul the nation's organ transplant system, which has long been plagued by sometimes lethal delays and IT failures.