A Google Waymo self-driving Lexus on the road in Arizona
Alphabet-owned Waymo said Wednesday it plans to expand its self-driving ride-hailing service, Waymo One, to Los Angeles. It’s unclear when that will happen.
Waymo currently only operates its service to the public in the East Valley region of Phoenix. The announcement comes as critics question the progress made by the company and industry.
“When we think about our next cities, Los Angeles jumps out,” said Waymo’s co-CEO Tekedra Mawakana in Wednesday’s blog post. “LA is a remarkable, vibrant place – and Waymo’s experience leaves us best positioned to tackle its driving complexity.”
The company said it has already started driving around the city to collect mapping data. That process involves humans driving the cars down streets while sensors gather information on crosswalks, road edges, curb heights and intersections, according to a Waymo spokesperson.
Waymo said service will first begin with safety drivers behind the wheel and, later, with just Waymo employees as riders. It will begin public testing after it gathers permits and feedback. The company declined to provide even a rough timeline of when it expects those milestones to happen.
The timeline is still unclear
The self-driving car industry has been slow to progress and live up to lofty promises, but that’s especially true of Waymo.
The 12-year-old company launched its ride-hailing service in 2018 in Phoenix and has been slow to make progress outside of the limited East Valley Phoenix region.
Waymo assured the press and public that the technology was coming rapidly, even back in 2012 when it was still known as Google’s self-driving car project. “Fully self-driving cars are here,” former CEO John Krafcik said at the 2017 Web Summit in Lisbon, Portugal, where he presented a video of a man who fell asleep in one of the Waymo vehicles. “It’s not happening in 2020, it’s happening today.”
In 2019, Morgan Stanley cut its valuation on Waymo by 40%, from $175 billion to $105 billion, saying that it underestimated the heavy reliance the company still had on human drivers after CNBC reporting found that Waymo still largely relied on human safety drivers and still required community buy-in.
In August of last year, the company announced it was coming to San Francisco. But, the cars, most of which still have safety drivers, are still not available to the public or people outside of its approved testing participants. Those riders took tens of thousands of manned trips in the last year, according to a spokesperson. Waymo announced plans in March to remove safety drivers for fully-autonomous rides, but those are still only available to Waymo employees, the spokesperson confirmed.
Anthony Levandowski, a well-known albeit controversial self-driving vehicle engineer who co-founded Waymo’s self-driving program before it was renamed, said the lack of progress in the industry shows it won’t be a viable business anytime soon. He added that the industry still has “such a long way to go.”
Some investors have still shown interest in recent years.
Waymo announced in March 2020 that it raised $2.25 billion in its first external funding round. By July 2020, it said it raised a total of $3.2 billion after an extension of that round. Last year, it raised another $2.5 billion from investors including parent company Alphabet and Andreessen Horowitz.
Amazon logo on a brick building exterior, San Francisco, California, August 20, 2024.
Smith Collection | Gado | Archive Photos | Getty Images
Amazon representatives met with the House China committee in recent months to discuss lawmaker concerns over the company’s partnership with TikTok, CNBC confirmed.
A spokesperson for the House Select Committee on the Chinese Communist Party confirmed the meeting, which centered on a shopping deal between Amazon and TikTok announced in August. The agreement allows users of TikTok, owned by China’s ByteDance, to link their account with Amazon and make purchases from the site without leaving TikTok.
“The Select Committee conveyed to Amazon that it is dangerous and unwise for Amazon to partner with TikTok given the grave national security threat the app poses,” the spokesperson said. The parties met in September, according to Bloomberg, which first reported the news.
Representatives from Amazon and TikTok did not immediately respond to CNBC’s request for comment.
TikTok’s future viability in the U.S. is uncertain. In April, President Joe Biden signed a law that requires ByteDance to sell TikTok by Jan. 19. If TikTok fails to cut ties with its parent company, app stores and internet hosting services would be prohibited from offering the app.
President-elect Donald Trump could rescue TikTok from a potential U.S. ban. He promised on the campaign trail that he would “save” TikTok, and said in a March interview with CNBC’s “Squawk Box” that “there’s a lot of good and there’s a lot of bad” with the app.
In his first administration, Trump had tried to implement a TikTok ban. He changed his stance around the time he met with billionaire Jeff Yass. The Republican megadonor’s trading firm, Susquehanna International Group, owns a 15% stake in ByteDance, while Yass has a 7% stake in the company, NBC and CNBC reported in March.
— CNBC’s Jonathan Vanian contributed to this report.
A worker delivers Amazon packages in San Francisco on Oct. 24, 2024.
David Paul Morris | Bloomberg | Getty Images
Amazon on Thursday announced Prime members can access new fixed pricing for treatment of conditions like erectile dysfunction and men’s hair loss, its latest effort to compete with other direct-to-consumer marketplaces such as Hims & Hers Health and Ro.
Shares of Hims & Hers fell as much as 17% on Thursday, on pace for its worst day.
Amazon said in a blog post that Prime members can see the cost of a telehealth visit and their desired treatment before they decide to proceed with care for five common issues. Patients can access treatment for anti-aging skin care starting at $10 a month; motion sickness for $2 per use; erectile dysfunction at $19 a month; eyelash growth at $43 a month, and men’s hair loss for $16 a month by using Amazon’s savings benefit Prime Rx at checkout.
Amazon acquired primary care provider One Medical for roughly $3.9 billion in July 2022, and Thursday’s announcement builds on its existing pay-per-visit telehealth offering. Video visits through the service cost $49, and messaging visits cost $29 where available. Users can get treatment for more than 30 common conditions, including sinus infection and pink eye.
Medications filled through Amazon Pharmacy are eligible for discounted pricing and will be delivered to patients’ doors in standard Amazon packaging. Prime members will pay for the consultation and medication, but there are no additional fees, the blog post said.
Amazon has been trying to break into the lucrative health-care sector for years. The company launched its own online pharmacy in 2020 following its acquisition of PillPack in 2018. Amazon introduced, and later shuttered, a telehealth service called Amazon Care, as well as a line of health and wellness devices.
The company has also discontinued a secretive effort to develop an at-home fertility tracker, CNBC reported Wednesday.
Former U.S. Army intelligence analyst Chelsea Manning says censorship is still “a dominant threat,” advocating for a more decentralized internet to help better protect individuals online.
Her comments come amid ongoing tension linked to online safety rules, with some tech executives recently seeking to push back over content moderation concerns.
Speaking to CNBC’s Karen Tso at the Web Summit tech conference in Lisbon, Portugal, on Wednesday, Manning said that one way to ensure online privacy could be “decentralized identification,” which gives individuals the ability to control their own data.
“Censorship is a dominant threat. I think that it is a question of who’s doing the censoring, and what the purpose is — and also censorship in the 21st century is more about whether or not you’re boosted through like an algorithm, and how the fine-tuning of that seems to work,” Manning said.
“I think that social media and the monopolies of social media have sort of gotten us used to the fact that certain things that drive engagement will be attractive,” she added.
“One of the ways that we can sort of countervail that is to go back to the more decentralized and distribute the internet of the early ’90s, but make that available to more people.”
Nym Technologies Chief Security Officer Chelsea Manning at a press conference held with Nym Technologies CEO Harry Halpin in the Media Village to present NymVPN during the second day of Web Summit on November 13, 2024 in Lisbon, Portugal.
Asked how tech companies could make money in such a scenario, Manning said there would have to be “a better social contract” put in place to determine how information is shared and accessed.
“One of the things about distributed or decentralized identification is that through encryption you’re able to sort of check the box yourself, instead of having to depend on the company to provide you with a check box or an accept here, you’re making that decision from a technical perspective,” Manning said.
‘No longer secrecy versus transparency’
Manning, who works as a security consultant at Nym Technologies, a company that specializes in online privacy and security, was convicted of espionage and other charges at a court-martial in 2013 for leaking a trove of secret military files to online media publisher WikiLeaks.
She was sentenced to 35 years in prison, but was later released in 2017, when former U.S. President Barack Obama commuted her sentence.
Asked to what extent the environment has changed for whistleblowers today, Manning said, “We’re at an interesting time because information is everywhere. We have more information than ever.”
She added, “Countries and governments no longer seem to invest the same amount of time and effort in hiding information and keeping secrets. What countries seem to be doing now is they seem to be spending more time and energy spreading misinformation and disinformation.”
Manning said the challenge for whistleblowers now is to sort through the information to understand what is verifiable and authentic.
“It’s no longer secrecy versus transparency,” she added.