Business

The race to create a self-driving taxi fleet just took a bizarre turn with a $1 billion bet on Lyft led by Alphabet

8 monthes ago   |   By

Business Insider/Corey Protin
CapitalG, Alphabet's investment arm, led a $1 billion funding round in Lyft.
Alphabet has forged a close relationship with Lyft on self-driving cars as its pre-existing relationship with Uber has soured.
The funding round highlights the intense battle to get self-driving cars on the road.
Google is having a very public breakup with Uber.
Google Ventures in 2013 poured $258 million into Uber - an investment that's now worth more than $3.5 billion. But the relationship has long since soured and now Google's parent company, Alphabet, is preparing to reap the...
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Alphabet Definitively Ends Friendship With Uber, Welcomes New Best Friend Lyft

Alphabet Definitively Ends Friendship With Uber, Welcomes New Best Friend Lyft

8 monthes ago   |   By

Lyft announced today that Alphabet's investment arm CapitalG-formerly known as Google Capital-led a $1 billion investment round in the ride-sharing company.
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Air Lease Corporation Selects GEnx Engines for Additional Boeing 787 Dreamliners

Air Lease Corporation Selects GEnx Engines for Additional Boeing 787 Dreamliners

Air Lease Corporation selected GEnx-1B engines to power its three new Boeing 787 Dreamliners. The engine order if valued at more than $170 million list price. Read more ...

USTOA Members Offer Travelers New Ways to Explore Japan in 2018

USTOA Members Offer Travelers New Ways to Explore Japan in 2018

Travelers interested in visiting Japan, named one of the top five “hot” destinations for 2018 in the United States Tour Operators Association annual survey of travel forecasts... Read more ...

This $130 shower caddy is the only one you will ever have to buy again, no...

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A steam pipe explosion on NYC's iconic 5th Avenue prompts evacuation of 28...

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Erstwhile President Obama's visit to Kenya is anticipated to boost up its...

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No, the Woman Stranded After Driving Her Jeep Off a Cliff Didn't Survive by...

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Kerala Tourism focuses on China, Japan and Russia

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Beginning the first phase of its international tourism promotion campaigns for 2018-19 from September, Kerala Tourism will participate in six trade fairs and organize 15 B2B... Read more ...

The 7 biggest fines the EU have ever imposed against giant companies

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Getty The European Commission recently handed Google a $5 billion fine for favouring its own apps on Android devices over those of competitors. This isn't the first time Google... Read more ...

Prince Charles' reported nickname for Meghan Markle is a huge compliment...

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