INSIDER
Panthers hire familiar face in Dan Morgan as president of football operations and general manager
Read full article: Panthers hire familiar face in Dan Morgan as president of football operations and general managerThe Carolina Panthers have promoted Dan Morgan to president of football operations and general manager.
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Uber, hard-hit by pandemic, sells its robot-vehicle division
Read full article: Uber, hard-hit by pandemic, sells its robot-vehicle divisionSAN RAMON, Calif. – Uber is selling off its autonomous vehicles development arm as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic. Self-driving vehicle technology company Aurora will acquire the employees and technology behind Uber's Advanced Technologies Group in an stock transaction, the companies said Monday. Uber will also invest $400 million into Aurora, and Uber's CEO Dara Khosrowshahi will join Aurora's board of directors. After the transaction, Aurora will be worth $10 billion and Uber will hold 26% stake in the company, Aurora CEO Chris Urmson said in an interview. San Francisco-based Uber will lose a critical piece of its company after the pandemic cut into its finances by suppressing demand for shared rides.