Uber's New Service Will Let You Travel Like a Local
If TripAdvisor met Yelp, that would be Uber Local, a new product the taxi hailing company is working on.
“We use real-time data of our trips, obviously in an aggregate way, to show the hot spots to show where most Ubers are dropping people off,” Alex Otrezov, Uber’s head of search and examination, told Cheddar in a recent interview. “Whether points of interests, or restaurants, whatever it may be, we want to make sure that we share that data with our users.”
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.
Otrezov said Uber is pushing its real-time technology business model further in developing this personalized operating system. He says that Uber Local aims both to make traveling easier and to enhance the local experience.
“The way we move more into personalization is kind of knowing whether there’s a specific event going on and creating auto-generating ads for that audience,” he said. “And really moving into that space where we can actually tell them, ‘Hey, are you looking to go to Coachella?... Take an Uber.’”
On this episode of Cheddar Innovates: Vision Marine Technologies CEO discusses how e-boats will play a role in the fight against the climate crisis; Lasso CEO breaks down how the design behind these compression socks can prevent injuries and improve performance; Cheddar gets a look at Curiosity Stream's 'The Tombs Of Egypt.'
Catriona Campbell, CTIO, UK and Ireland, EY, joins Cheddar News to discuss how business leaders can bridge the gap between their technology investments and their aspirations, and breaks down the human aspects of A.I.
Bamboo-based toilet paper company Cloud Paper raised $5 million in a recent funding round. Its product is a bamboo-based alternative to traditional toilet paper made from trees, and its mission is to end the deforestation caused by traditional paper products. Cloud Paper says the raise will allow it to make significant investments in its supply chain, product development, and hiring. Ryan Fritsch, a co-founder of Cloud Paper, joined Cheddar News' Closing Bell to discuss.
The Biden Administration has now issued new guidelines when it comes to carbon capture. The new guidelines handed down this week encouraged the widespread use of climate attacks that traps and stores carbon emissions. The goal here is the process would help keep carbon out of the atmosphere without requiring a whole lot of change by big companies and manufacturing plants. Several scientists say that this method would be crucial to help us decrease the use of carbon emissions by the year 2050. Professor of Civil and Environmental Engineering at Stanford University, Mark Jacobson, joined Cheddar to discuss more.
