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Briefing
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- Stop-Trials Order – California’s DMV orders Uber to stop trials of self-driving car taxis in San Francisco until it gets necessary permit from state
- California Rules – Require special permit to test driverless vehicles with need to update regulators regularly of any incidents
- Uber’s Appeal – Insists license not required because service still relies on human operators, rather than the DMV’s definition of autonomous vehicles as cars than can drive without human operator
- Uber Otto Acquisition – Acquired self-driving truck technology startup Otto for $680 million in stock plus 20% of any future profits
- Similar Initiatives – Google, Nvidia, Volkswagen Group, Nissan, Bosch and Delphi have obtained permits to test autonomous cars on roads
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Accelerator
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Market Disruption
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Sector
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Information Technology, Transportation and Logistics
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Organization
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California Department of Motor Vehicles, Uber Technologies Inc.
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Source
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Original Publication Date
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December 15, 2016
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