Travelsoft Pay will leverage Mastercard’s Wholesale Program (MWP) to simplify B2B payments across the travel ecosystem. This collaboration will provide payments infrastructure that is secure, scalable and travel-native, the companies said in a March 3 press release. Travelsoft Pay offers a platform designed to automate...
Einride, a developer of digital, electric and autonomous freight solutions, raised $113 million in private investment in public equity (PIPE) financing to support a proposed business combination it announced in November. The transaction values Einride at $1.35 billion, pre-money, the company said in a Thursday...
Uber has debuted Autonomous Solutions, a suite of services and capabilities designed for autonomous vehicles. These capabilities have already begun helping partners build and commercialize autonomous vehicles (AVs) in markets worldwide, Uber said in a Monday (Feb. 23) news release. “Autonomous technology has remarkable potential to make...
Transit systems around the world are moving away from cash and paper tickets. Instead, they are moving toward modernized payments tied to bank-issued contactless cards and digital payments that let riders tap and pay with what they already carry. Bank-issued contactless cards and digital devices...
Expedia Group is responding to the rise of artificial intelligence assistants and agentic commerce both by embracing them and by providing services that draw travelers directly to its own platforms, executives said Thursday (Feb. 12) during the company’s quarter earnings call. “As gen AI changes...
Partnerships and rewards drove growth at Lyft in the fourth quarter. During the quarter, over 25% of the rideshare company’s rides were linked to a partnership, and there was 26% year-over-year growth in new activations in the firm’s business travel rewards program, Lyft said in...
Ford paid $2 billion in tariffs in 2025 and expects to spend about the same amount in 2026, the Wall Street Journal reported Tuesday (Feb. 10). Last year’s total was higher than the company expected, according to the report. Ford had expected a tariff-relief program announced in October to be...
AutoNation saw a year-over-year decline in vehicle sales during the fourth quarter due to a tough comparison to 2024 and a race to buy vehicles earlier in the year before the implementation of tariffs and expiration of electric vehicle tax credits, executives said Friday (Feb....
Self-driving vehicle startup Waymo said Friday (Feb. 6) that the latest virtual world in which it is developing its artificial intelligence (AI) will enhance the company’s ability to scale its service in the real world. The company’s newly introduced Waymo World Model is built on Google DeepMind’s...