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Uber launches ‘Reserve’ feature

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Uber launches new feature

Uber riders will be able to book their trips up to 30 days in advance using a new feature which is being rolled out by the ride-sharing service

The San Fransisco based company will launch its new Uber Reserve service in Australia first with major cities including Sydney, Melbourne, Perth, Brisbane, Gold Coast, Adelaide, Canberra, Hobart, Darwin, Cairns and Geelong set to use the feature from next week.

Uber Head of Rider Operations ANZ Margarita Peker said the feature allowed riders to plan their travel ahead of time.

“After an uncertain couple of years, we know that Australians are excited to get out and make plans that they can rely on,” she said.

The rollout of Uber Reserve comes after trials in New Zealand and Australia

Uber is also working with Meta to launch a ride-booking feature through WhatsApp in India

The US-based company has partnered up with Meta, the recently rebranded parent company of Facebook, to launch a ride booking feature in its WhatsApp service within India.

The integration is set to become the first of its kind for the ride-hailing giant and will allow people to book an Uber ride without having to download the official Uber app.

Everything from user registration and ride-booking to getting a trip receipt will be managed within the WhatsApp chat interface.

The service is being rolled out first in the northern city of Lucknow, and will be expanded to other Indian cities soon according an official statement.

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How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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Tesla is slashing prices to stay competitive

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Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each, days after the first-quarter deliveries of the world’s most valuable automaker missed market expectations.

Elon Musk’s electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, according to its website.

The basic version of the Model S now costs $72,990 and its plaid variant $87,990. The Model X base variant now costs $77,990 and its plaid variant is priced at $92,900.
Tesla North America also said in a post on X said it would end its referral program benefits in all markets after April 30.

Referral program allows buyers to get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.

Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, Reuters reported on Saturday.
On Monday Reuters reported, citing an internal memo, that the EV maker was laying off more than 10% of its global workforce.
Earlier this month Reuters reported the EV maker had canceled a long-promised inexpensive car, expected to cost $25,000, that investors had been counting on to drive mass-market growth.
The EV maker reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years, as price cuts failed to stir demand.

Tesla is to report first-quarter earnings on Tuesday.

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TikTok launches Instagram competitor ‘Notes’

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TikTok Notes has launched in Australia & Canada as a formidable competitor to Instagram, offering a unique platform for content creation, text and sharing.

“TikTok Notes is a lifestyle platform that offers informative photo-text content about people’s lives, where you can see individuals sharing their travel tips and daily recipes,” reads the official App Store description.

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The app allows users to create content by combining short videos with text-based notes, closely resembling that of Meta’s Instagram.

Whether it’s sharing a quick tutorial, a personal anecdote, or a thought-provoking message, TikTok Notes is positioned to be a formidable social media platform.

Currently, the app is only available for download and “limited testing” in Australia and Canada.

As it gains momentum, the platform is poised to contest Instagram’s established reign in the social media landscape.

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