Sony to Form Alliance to Build Taxi-Hailing System

Uber announced in 2017 that its flying taxi service will cost the same as Uber X at launch.                  Uber

Uber CEO Dara Khosrowshahi is visiting the country to underscore the importance of its ¥1.7 trillion ($16 billion) taxi market.

Japan's taxi market can become more efficient, even though its services are already of a high quality, he said at an event with former US ambassador to Japan John Roos.

The company's ride-sharing service, one of Uber's key operations that involves private vehicles, has been challenged by Japanese regulations, while being allowed only in limited locations - some rural areas in Hokkaido and Kyoto Prefecture.

"I saw Japan as an incredible opportunity, and when I asked the team why wasn't our Japan business larger, I started learning the history of our approach to Japan, and it was an approach that frankly didn't work", Khosrowshahi said.

Sony issued a news release stating its intentions to create an AI system to support six existing taxi firms that have agreed to enter into the deal. JapanTaxi says 60,000 cabs, or around one-fourth of cabs in Japan, are enlisted on its administration, which it claims gives it the greatest marketshare among Japanese taxi-dispatch applications.

FCC inspector general investigating chairman over Sinclair
The question for the Inspector General: Was Pai's push for the new rules improper and were they timed to benefit Sinclair. He said he was appreciative to the FCC's inspector general that he has thought of taking up this vital investigation.

Last month Rajeev Misra, a SoftBank executive joining Uber's board, suggested in an interview with the Financial Times that Uber focus on core markets such as the US, Europe, Latin America and Australia.

Uber's CEO said Japan's taxi utilization rate is 30 percent, while Uber's is more than 50 percent. Each have effectively framed an organization with taxicab organization Daiichi Koutsu Sangyo.

The companies will form a joint venture this spring to develop a taxi-hailing app, though Sony said further discussions would be held before any legally-binding agreement is inked.

After years of little action, Japan's lackluster ride-hailing industry is suddenly seeing a lot of activity. Khosrowshahi pushed back against that notion in an interview he gave at Davos, saying the company would be "leaning forward" to expand.

SoftBank is an investor in ride-hailing firms around the world including Didi, most recently becoming Uber Technologies Inc's largest shareholder in January.

Related:

Comments

Latest news

Best moments from Friday of NBA All-Star Weekend
The 6-foot-6-inch Bogdanovic was drafted in the first round of the 2014 draft by the Phoenix Suns , the 27th overall selection. The trade left Friday's Rising Stars Challenge as the only All-Star Weekend event with Laker participation.

Alonso in, Bakayoko out against Barcelona, says Chelsea's Conte
It gave the rest of the team the confidence to settle into the game because it was all upwards for Chelsea after the first goal. Similarly, Emerson joined Antonio Conte's team towards the end of the transfer period from Roma.

Winter storm on the way for the Northeast
But wait - today's forecast from the National Weather Service is calling for partly cloudy skies and highs in the low-40s. Many areas will be dry, but places that got snow or rain during the day might well have wet pavement by Sunday evening.

King Mohammed VI Congratulates New South African President Cyril Ramaphosa
He is mired in corruption allegations, involving nepotism, influence-peddling, and conflicts of interest. Zuma resigned reluctantly after his party threatened to oust him via a no-confidence vote in parliament.

Trump conspired to keep affair with Playboy model secret
The document states that Trump "immediately took a liking to me, kept talking to me - telling me how handsome I was, etc". A manager for Clifford has claimed the agreement is no longer valid because of Cohen's disclosure about the payment.

Amy Schumer Weds Chef Chris Fischer in Surprise Wedding Ceremony
She continued, "Notice my shirt was accidentally undone the whole time". "In every wedding photo all of my buttons were undone". The wedding reportedly had a relaxed, beach vibe, but Lawrence wasn't down to get sand in her shoes for Schumer's big day.

Canadian men prevail in Olympic hockey tourney opener
Despite outshooting Canada by an nearly 2-1 margin (45-23), US could not find that game-breaker on Wednesday night. Slovakia pulled off an upset of its own in the first game, stunning tournament favorite OAR 3-2.

White House Holds Meeting to Discuss Aluminum and Steel Trade Actions
According to the Aluminum Association, there are five US smelting facilities that are operating with three partial curtailments. Commerce Secretary Wilbur Ross last month submitted his department's final reports to Trump on steel and aluminum.

Influenza B Making a Surge in the United States
The CDC called this flu season the worst in years, adding that any degree of protection with a vaccine is better than none. Most flu seasons start in the Southeast, in states like Florida, then move north and west.

Four questions about the Ethiopian PM's resignation
Ethiopian Prime Minister Hailemariam Desalegn resigned on Thursday less than 24 hours after the resignation of Jacob Zuma as South Africa's President.

Things get chippy in US-Canada hockey game involving 10 Wisconsin athletes
The United States got overall fine goaltending from 20-year-old Maddie Rooney , who stopped 21 shots in the loss on Wednesday. Want to learn to curl like the pros? Ukrainian team at the Olympics in 2018 is not made it.

Study suggests link between ultra-processed foods and cancer
They're also more likely to have heart and circulation problems or diabetes, studies have found. Past research has indicated certain cancers could be avoided with lifestyle changes.

Federal Bureau of Investigation was warned about Florida gunman
The FBI Thursday said it investigated but wasn't able to confirm the person who posted the comment was indeed the shooter. How and why that comment ended up on Bennight's Youtube page on September 25, 2017, is still a mystery to the bondsman.

Why Lakers Limit Lonzo Ball's Tickets, Reality-Show Perks
On Monday, LaVar Ball insisted that "Lonzo plays best when he is with his brother", referring to LaMelo . If they don't take Gelo this year, I bring Gelo back here (Prienai) to play with Melo for two years.

HomePod white ring issue confirmed by Apple
The marks should be able to be cleaned off and will fade gradually anyway, the brand says. Ferreira is both an Apple and Android fan and was completely disappointed with HomePod .

Other news