Thursday, July 19, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Corning Gorilla Glass 6 Promises Improved Durability for Mobile Devices
Samsung's Foldable Phone Coming Next Year, WSJ Claims
Microsoft Could Release New Xbox Hardware Next Month
European Commission Fines Google $5 billion For Illegal Practices Regarding Android Devices
Sony Releases New SXRD Full HD Reflective LCD and Signal Processing Drive LSI for Portable Projectors
Roxio Toast 17 Adds MultiCam Editing
MediaTek Introduces New Helio A Series Chipset Family for Affordable Smartphones
IBM Backs Stronghold Digital Stable Coin
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Alphabe...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 19, 2017
Alphabet Invests $1 Billion to Lyft


CapitalG - Alphabet's growth investment fund - is leading a $1 billion financing round in Lyft.

The investment brings Lyft's post-money valuation to $11 billion. Lyft said today that CapitalG Partner David Lawee is joining Lyft's Board.

Alphabet is interested in self-driving cars, as the company owns Waymo. And back in May, Waymo and Lyft announced the two companies would work together on self-driving cars. Following that, Lyft announced it would develop its own autonomous driving technology, stating that it was "core" to its business.

2017 has been an important year for the Lyft community. Earlier this month, the company completed our 500 millionth ride and its service is now available to 95% of the U.S. population - up from 54% at the beginning of the year.

However, the fact remains that less than 0.5% of miles traveled in the U.S. happen on rideshare networks.



Previous
Next
Razer Electra V2 Gaming Headsets Bring Virtual Surround Sound and Aluminum Headband to Everyone        All News        Microsoft TruePlay Anti-cheat Game Feature to be Added to UWP Games
Intel Health Application Platform Helps Health Care Providers Reduce Hospital Readmissions     General Computing News      Samsung Unveils New Hardware/Software Turn-Key Solution For IoT Data Security

Get RSS feed Easy Print E-Mail this Message

Related News
Twitter, Facebook, Alphabet to Testify at U.S. House hearing
Project Loon and Wing Become Alphabet's Newest Bets
House Republicans Query Apple and Alphabet on Data Practices
Microsoft's Value Overtakes Alphabet
Google Parent Alphabet Reports Strong Ad Sales and Costs
Alphabet's Earnings Miss Profit Estimates
Alphabet Launches Chronicle Cybersecurity Company
Eric Schmidt to Become Technical Advisor to Alphabet
Mobile Ad Growth Boosts Alphabet' s Revenue
Alphabet Could Invest in Lyft
Alphabet Establishes New XXVI Company
Alphabet Earns More Cash Despite Antitrust Fine

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .