Uber Moves Ahead With Its Plans For Flying Cars, But Is Their Timeline Too Ambitious
Flying cars may not be that far away. Uber says it is still committed to its plans for urban aircraft. The ride-hailing company will be holding an event in L.A. in May to demonstrate Uber's plans to have launch flying cars in 10 years.
Scott Evans, Editor at Motor Trend, says the timeline is a bit too ambitious. Evans points to Honda, which recently built its first plane, and that took more than 10 years. Honda's plane, Evans says, is just like other private jets on the market. Uber wants to create an entirely new product that doesn't exist.
Character design studio Superplastic recently raised $20 million in a Series A round. Paul Budnitz, founder and CEO of Superplastic, joined Cheddar News to discuss the financing and a new collaboration with Amazon to develop a new series.
A Republican-led House panel voted to advance a bill that would give President Joe Biden the power to ban TikTok. Chris Pierson, the founder and CEO of BlackCloak, joined Cheddar News to discuss how the process could affect other businesses.
