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).
Adobe and Figma called off their $20 million merger, Southwest Airlines gets fined, Nippon Steel is buying U.S. Steel and oil and gas prices surge after a pause in shipments.
With more employees being called back to the office, many workers are suddenly protesting by being in the office for as little time as possible. As the term suggests, coffee-badging means coming in for just enough time to have a cup of coffee, show your face, and swipe your badge.
Japan's Nippon steel is buying U.S. Steel for $14.9 billion.
Southwest Airlines will pay a $35 million fine as part of a settlement over a 2022 holiday season disaster that saw the airline cancel thousands of flights and leave millions of people stranded.
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 slightly higher after Monday's opening bell after several weeks of gains as the year closes out.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Citi told most of its employees that they could work from home at the end of the month, according to CNBC.
Chobani paid $900 million to purchase ready-to-drink coffee maker La Colombe.
Kerri Quigley, founder of The Fashion Class, spoke with Cheddar News on how to make an ugly sweater on a budget.
