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Uber brings self-driving cars to San Francisco — starting now; Cord cutting may cost you extra, and more news.


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Now you can hail a self-driving Uber in San Francisco: Yesterday we reported that San Franciscans could hail a self-driving car via Uber “very soon” — turns out that was an understatement. It’s not the first U.S. city to feature Uber’s self-driving vehicles (that honor goes to Pittsburgh, the home base for its Advanced Technologies Center), but it’s a significant step for the San Francisco-headquartered startup. Today’s expansion also debuts the XC90 self-driving car, a Volvo SUV “outfitted with lidar, a kind of radar based on laser beams; wireless technology; and seven different cameras.”
It’s Fed Day: After months of will-they-or-won’t-they speculation, today the Federal Reserve is widely expected to announce an interest rate hike. Now attention turns to the Fed’s actions in 2017: ”The message from the Fed on Wednesday is likely to be that it is too soon to know for sure,” says The Financial Times (paywall). Today’s policy statement and projections will be released at 2 p.m. Eastern, with Yellen’s press conference at 2:30 p.m.
PEOTUS Donald Trump has selected Rick Perry to lead the Energy Department.“As the Governor of Texas, Rick Perry created created a business climate that produced millions of new jobs and lower energy prices in his state, and he will bring that same approach to our entire country as Secretary of Energy,” said Trump in a statement.
Tech leaders will meet with PEOTUS today, generally discussing “jobs and the economy and how it will be impacted by digital technologies,” according to sources. Attendees include Larry Page, Tim Cook, Elon Musk, Sheryl Sandberg, Satya Nadella, and Ginni Rometty (who also today announced the intent to hire 25,000 U.S. workers at IBM in the next four years).
GM has asked the Supreme Court to reverse a ruling around its faulty ignition switches. An appellate court decided that GM’s 2009 bankruptcy did not shield it from lawsuits around its ignition switch scandal, which has been linked to 124 deaths and 275 injuries. The ignition suits amount to billions of dollars in potential claims. The Supreme Court likely won’t decide whether to hear the case until next year.
Cord cutting isn’t cheap — or as popular as we thought. According to a study from PwC, fewer customers are cutting the cord than expected, and those who are may end up paying more than they would for traditional pay-TV. “Trimming the cord did not save them money, likely because they added costs of streaming services or paid apps," PwC said. "This indicates they are willing to pay extra for a more streamlined or focused experience on where they find value."
Cover Photo: Pilot models of the Uber self-driving car is displayed at the Uber Advanced Technologies Center on September 13, 2016 in Pittsburgh, Pennsylvania. (ANGELO MERENDINO/AFP/Getty Images)

Source : https://www.linkedin.com/pulse/uber-brings-self-driving-cars-san-francisco-starting-now-carroll?trk=v-feed&lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3B43lexARoQsB8ZJ10dOGWUQ%3D%3D

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