Technology
Toyota to invest $500m in Uber at $72b valuation: report
Getty
Toyota is going to invest $500 million into Uber at a mammoth $72
billion company valuation,
according to a new report from The Wall Street Journal citing
people familiar with the matter.
Uber and Toyota have previously been in talks about self-driving
technology. Toyota previously invested in Uber in 2016.
And a report from March 2018 said that Uber was discussing
selling self-driving tech to the company.
A spokesperson for Uber did not immediately respond to a request
for comment.
This story is developing…
-
Entertainment6 days ago
What’s on the far side of the moon? Not darkness.
-
Business7 days ago
How Rubrik’s IPO paid off big for Greylock VC Asheem Chandna
-
Business6 days ago
TikTok faces a ban in the US, Tesla profits drop and healthcare data leaks
-
Business5 days ago
London’s first defense tech hackathon brings Ukraine war closer to the city’s startups
-
Business7 days ago
Photo-sharing community EyeEm will license users’ photos to train AI if they don’t delete them
-
Entertainment6 days ago
How to watch ‘The Idea of You’: Release date, streaming deals
-
Entertainment5 days ago
Mark Zuckerberg has found a new sense of style. Why?
-
Business5 days ago
Humanoid robots are learning to fall well