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Uber is looking beyond being just a ride-hailing company and wants its cars to be self driving so as to replace human drivers with robot drivers — as quickly as possible. Now, with an announcement yesterday that it is acquiring self-driving truck startup Otto, it appears the company wants to be in the truck business […]

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General Motors invested $500 million last January for a nine-percent stake of ride-sharing company Lyft, and apparently wanted to own all of it. The Detroit Free Press is reporting that the automaker approached Lyft in “recent weeks” about a potential acquisition that was declined. Citing a post from technology website The Information, the report said […]

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General Motors has invested $500 million into ride-sharing company Lyft as it looks to the future of transportation. Besides straight financial backing, GM has pledged to work with Lyft to develop a network of autonomous vehicles that would be available to paying customers on demand. “We strongly believe that autonomous vehicle go-to-market strategy is through […]

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