Ford has teamed up with gig-economy start-up Postmates to develop its autonomous vehicle technology.
Ford’s VP of autonomous vehicles and electrification told Cheddar he hopes to learn exactly how self-driving cars can be used.
“We’re going to learn how the different forms of things that are being delivered work with AVs,” Sherif Marakby said. “Maybe some things work perfectly with autonomous vehicles, maybe some things don’t.”
Postmates offers on-demand delivery from small businesses to area residents. The company says it operates in over 250 cities and makes about 2.5 deliveries per month.
Ford is one of several car makers looking to use self-driving cars as a service.
Volkswagen and Hyundai recently announced a partnership with Aurora, an autonomous technology start-up, to roll out self driving vehicles.
For full interview [click Here](https://cheddar.com/videos/fords-smart-vehicle-smart-world).
The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021.
Rite Aid has been banned from using facial recognition technology for five years over allegations that a surveillance system it used incorrectly identified potential shoplifters, especially Black, Latino, Asian or female shoppers.
The union representing Southwest Airlines pilots says it reached a new contract agreement in principle with the airline following three years of negotiations.
U.S. Bank has been hit with a $36 million fine for freezing debit cards that distributed unemployment benefits during the pandemic.
Construction of new homes rose by double digits in November, according to data from the Commerce Department.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Stocks opened lower after the opening bell and on track for its first decline in 10 days after a recent winning streak.
Tesla drivers in the U.S. were in more accidents than drivers of any other car brand this year, according to a study.
The promise of self-checkout was alluring: Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monotonous tasks themselves and retailers could save on labor costs.
Monsanto was ordered to pay $857 million to students and parent volunteers at a Washington school.
