Welcome to Five at Five, your late look at the day’s payment and commerce news. Today’s coverage includes the latest retail program from Uber, and the details behind Apple’s price increases. Waymo tests self-driving vehicles, Even Financial ventures into credit cards and there is pushback on a U.K. tech tax.
The ride-hailing startup said Ride Pass is a new way for riders to lock in a consistent, low price on any ride they take anywhere in the city, at any time of the day, for a fee of $14.99 a month.
The higher-priced strategy is the same one the company used to strengthen its iPhone business.
Waymo’s test cars will be driving in parts of Mountain View, Sunnyvale, Los Altos, Los Altos Hills and Palo Alto. The company noted that Mountain View, which also happens to be Waymo’s headquarters, is home to more than a dozen autonomous vehicle companies.
San Jose-based Birch offers a mobile and web application that helps users find the right credit cards.
The U.K. is facing pushback by lawmakers in the U.S. and lobbyists, who contend a new tax on some of the world’s biggest internet companies would create what is seen as a dangerous precedent.