It has emerged that the most likely frontrunner in the candidacy for the role of CEO at the world's largest ride-hailing service Uber, is former General Electric CEO, Jeff Immelt. Reports from several US media agencies continue to speculate that Immelt is the man that will be tasked with the responsibility of steering Uber out of choppy waters following the high-profile and controversial decision by Travis Kalanick to step aside as CEO in June.

One of the world's most iconic cities has voted overwhelmingly to reduce the number of licenses issued for ride-hailing firms such as Uber and Lyft.

US president Donald Trump's administration has announced that it will unveil its revised guidelines on self-driving regulations early next week, following pressure from leading US car manufacturers who had requested the government to relax and eliminate legal barriers that prevented automakers from putting autonomous vehicles on public roads.