Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • November
  • Alphabet’s Waymo opens autonomous ride-hailing service to all in Los Angeles
  • Business

Alphabet’s Waymo opens autonomous ride-hailing service to all in Los Angeles

Editor November 12, 2024 2 minutes read
2024-11-12T160143Z_1_LYNXMPEKAB0O9_RTROPTP_4_ALPHABET-WAYMO

(Reuters) – Alphabet’s Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in Los Angeles, a sign of rapid growth and adoption of the technology.

Waymo had closed a $5.6 billion funding round last month, as automakers and technology companies are betting big on the driverless technology to foster future growth, even as it faces tight regulatory scrutiny.

The company said nearly 300,000 people had joined its waitlist after it started commercial operations in the city earlier this year, signaling strong demand.

Waymo had opened access to its ride-hailing service to everyone in San Francisco in June this year and Phoenix, Arizona in 2020.

“Our service has matured quickly and our riders are embracing the many benefits of fully autonomous driving,” said Tekedra Mawakana, co-CEO, Waymo.

Mountain View, California-based Waymo is a self-driving technology pioneer, which started its first U.S. driverless taxi service in 2020 over a decade after it was born as a project within Google.

Tesla CEO Elon Musk said in October that the electric vehicle maker will roll out driverless ride-hailing services to the public in California and Texas next year, indicating a growing competition in the autonomous ride-hailing space.

Rival General Motors’ Cruise is testing cars with human safety drivers after an accident last year led it to pull all vehicles from the road. Meanwhile, Amazon’s Zoox is expanding testing for its vehicles built without steering wheels and pedals.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Shailesh Kuber)

About the Author

Editor

Administrator

Visit Website View All Posts

Post navigation

Previous: ValueAct takes $1-billion stake in Meta, source says
Next: Big bank deals could be spurred by Trump administration, executives say

Related Stories

2025-08-22T225658Z_1_LYNXMPEL7L0XW_RTROPTP_4_META-PLATFORMS-RESULTS
  • Business

Meta partners with Midjourney to license AI tech for future products

Editor August 23, 2025
2025-08-22T231059Z_1_LYNXMPEL7L0Y2_RTROPTP_4_DATABRICKS-M-A-1
  • Business

Exclusive-Databricks to buy Sequoia-backed Tecton in AI agent push 

Editor August 23, 2025
2025-08-22T172230Z_1_LYNXMPEL7L0Q4_RTROPTP_4_EU-APPLE-META-PLATFORMS-ANTITRUST-7
  • Business

Apple in talks to use Google’s Gemini AI to power revamped Siri, Bloomberg News reports

Editor August 23, 2025

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting the form you agree to the Privacy Policy of Options Trading Report and agree to receive our email updates and special offers. As a bonus, you will also get a free subscription to MTA Trade of the Day, Privacy Policy. You will receive special offers and advertisements from Options Trading Report and MTA Trade of the Day and our affiliates. You may unsubscribe at any time.

Search

Recent Posts

  • Foreign Investments Strengthen – by Justin Vaughn, Editor, Options Trading Report
  • US Treasury sets up website for whistleblower tips on fraud, money laundering
  • Looking for Disney magic elsewhere: Canadians lead declines in travel to US 
  • Options bets on earnings-fueled stock swings reap big gains
  • Pakistan’s proposed power prices to lift inflation, help industry, analysts say

Categories

  • Business
  • Market News
  • Newsletters
  • Options
  • Reflections
  • Top News

You may have missed

ChatGPT Image Feb 13, 2026, 12_39_54 PM
  • Market News

Foreign Investments Strengthen – by Justin Vaughn, Editor, Options Trading Report

Editor February 13, 2026
2026-02-13T151830Z_1_LYNXMPEM1C0ZC_RTROPTP_4_USA-TREASURY-AUCTION
  • Market News

US Treasury sets up website for whistleblower tips on fraud, money laundering

Editor February 13, 2026
2026-02-12T111450Z_2_LYNXMPEM1B0OS_RTROPTP_4_USA-TRAVEL-CANADA-2
  • Market News

Looking for Disney magic elsewhere: Canadians lead declines in travel to US 

Editor February 13, 2026
2026-02-12T173254Z_1_LYNXMPEM1B19F_RTROPTP_4_USA-STOCKS-2
  • Market News

Options bets on earnings-fueled stock swings reap big gains

Editor February 13, 2026
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Options Trading Report | optionstradingreport.com