If TripAdvisor met Yelp, that would be Uber Local, a new product the taxi hailing company is working on. Alex Otrezov sits down with Alyssa Julya Smith at the eTails conference in Palm Springs to share for the first time some of the new programs Uber is currently working on to roll out in 2018. Otrezov explains that the company will use real-time data to show the hot spots where most Ubers are dropping people off. Whether points of interests, or restaurants, whatever it may be, users will be able to have access to that date to create true localization. The executive unveiled the product at eTail West 2018 on Tuesday. Uber Local’s technology would allow it to predict social trends based on time and seasons and personalize the data for each user.

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Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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