Articles tagged “alphabet”

Google’s Larry Page Invests in Flying Cars or Should We Just Call Them Helicopters

Google’s Larry Page Invests in Flying Cars or Should We Just Call Them Helicopters

David Fickling, Bloomberg

Today's flying car is basically a helicopter — when was the last time helicopter startups, including Blade or Voom, really disrupted transportation? We're just not that interested in how the royalty of Manhattan gets to JFK in four minutes.

1 year ago

Uber Settles Waymo Driverless Car Lawsuit for $245 Million

Uber Settles Waymo Driverless Car Lawsuit for $245 Million

Joel Rosenblatt, Bloomberg

Uber likely averted an even bigger toll on the company with this settlement. CEO Dara Khosrowshahi had to untangle this mess, and he will probably be embroiled in undoing other Uber past transgressions over the next couple of years.

1 year ago

Alphabet Leads Latest Lyft Funding Round as IPO Looms

Alphabet Leads Latest Lyft Funding Round as IPO Looms

Eric Newcomer, Bloomberg

Lyft is looking to finally stop losing money as it prepares to go public in the coming years. More funding will help them finance their Canada expansion and corporate travel push.

2 years ago

Internet Billionaires Are Playing a Game of Chess With Uber and Lyft as Pawns

Internet Billionaires Are Playing a Game of Chess With Uber and Lyft as Pawns

Eric Newcomer, Bloomberg

The battle for the future or transportation — self-driving cars included — looks like it'll be a dramatic one as these tech billionaires duke it out via their deep pockets.

2 years ago

Google Could Take Revenge on Uber With $1 Billion Lyft Investment

Google Could Take Revenge on Uber With $1 Billion Lyft Investment

Mark Bergen and Eric Newcomer, Bloomberg

While Alphabet's Waymo self-driving car unit is tied up with litigation against Uber, Alphabet/Google can inject some much-needed cash into Lyft. Side note: Uber's new CEO, the former Expedia boss, would have another reason to be miffed at Google.

2 years ago