When Uber bought Otto for $0. 68 billion, it did so to enhance itself.
Driving Truck games.
Uber is currently a struggling platform.
Taxi app
But it faces the future with its eyes,
Drive cars and trucks and even fly.
The first step into autonomous truck transportation?
Damage the traffic landscape.
The company has launched a new standalone app, Uber Freight, designed to provide trucking services for what Uber does to the taxi industry.
Instead of taking us to work or to the airport, the truck driver can use the app to see what is waiting to be shipped.
Most of the subsequent processes will be similar to the Uber app, hoping to be of great help to shippers and drivers.
From SiliconBeat: "Uber Freight also promises to pay the trucker's shipping fee within seven days, not to charge anything and show them the price quote before they book.
According to the company, in the current model of the trucking industry, drivers usually need to wait 30 days or more to get their salary.
"Uber is even willing to compensate drivers for the unexpected headaches they may have in transit.
Uber Freight will not be the first of its kind.
Other platforms such as U-
There are currently 123 ships and others.
But given Uber's size, size, and funding, it's not surprising to see the company quickly capture the market.
The question is how disruptive is Uber Freight?
What did we just say the other day?
Over the years, everyone has (TSLA -Get Report)
We're here.
CEO Elon Musk has successfully launched two highend, all-
The third electric vehicle (
Fourth)on the way.
Now that Tesla has gained so much traction, companies like Mercedes
Mercedes and Audi are scrambling to catch up with them.
New car company (Like Tesla.
Competition has also emerged.
But Tesla does more than just cars.
In addition to the acquisition of SolarCity, it is also committed to energy storage solutions in the residential and commercial fields.
We can count Mercedes.
Mercedes-Benz also belongs to this category.
The automaker is working with vivinint Solar (VSLR -Get Report)
The company will provide residential batteries to California residents later this month.
Vivint's days as a public company are not easy, and its share price has fallen nearly 80% in the past five years.
But not here or there now. A 2.
5 KW the system will save customers $5,000 with full installation.
The option range goes all the way to the 20 KW system, which will cost $13,000.
Don't think this is mercedes's first foray into energy storage.
The company began selling similar systems in Europe in 2016.
Why does anyone want to store energy at home?
The main reason is that they can be independent of energy, which means that they generate electricity through solar panels during the day, store excess power and use it at night.
In contrast, the complete installation cost of Tesla's 14 KW Powerwall device is $6,200.
It is not clear whether Mercedes will be involved in Tesla's business.
Tesla shares closed at $313.
On Thursday, it rose 2. 3%. The never-ending war.
For some, it's a fight against drugs or ISIS.
But in the Silicon Valley world, it's actually against fake news.
Since the election, Facebook (FB -Get Report)
Efforts have been made to find out the best way to review fake news and click on the title without suppressing the user's voice.
Social media is now trying to get rid of click bait.
Facebook wrote in a statement on its website: "People tell us that they don't like stories that are misleading, sensational or spam.
This includes the click bait title designed to attract attention and attract visitors to click on the link.
To support an informed community, we have been trying to determine which stories may have clickable titles so that we can show them less.
"How does the company do this?
Instead of click bait for commercial sources (i. e.
Where does it come from)
Facebook will also start personal posts for click bait.
Second, the platform will look at whether the title is hidden or exaggerated.
It is also testing it in different languages.
This will help improve the user experience.
If this improves, our engagement is expected to increase and advertising revenue should increase.
If so, it's a win-win situation.
Win for users and companies, though it's not easy.
I also suspect Facebook will use some level of artificial intelligence to filter the headlines as well.
Facebook shares closed at $147.
66 on Thursday, up 1. 9%.
Facebook is the holding company of Jim Cramer action alert and Charitable Trust Portfolio.
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