Ride-hailing company Lyft has raised $1 billion in a new round of funding led by Google's CapitalG, the tech giant's growth-focused investment fund.
Lyft and Waymo (Alphabet's self-driving vehicle division) struck up a partnership earlier in May, and Alphabet choosing to lead Lyft's campaign in raising $1 billion reiterates Alphabet's dedication to remaining on as much of Lyft's good side as it can. And back in May, Waymo and Lyft announced the two companies would work together on self-driving cars.
The news isn't all that surprising considering Alphabet's self-driving auto unit Waymo in May announced a partnership with Lyft to bring autonomous vehicle technology to the masses.
In 2013, Google invested $258 million in Uber through a different venture capital arm called Google Ventures, which was later rebranded under Alphabet as GV.
CapitalG partner David Lawee will join the company's board, Lyft said, bringing it to a total of 10 directors. In March 2016, Google built an "Uber tab" inside its Maps app. "The fact remains that less than 0.5% of miles traveled in the USA happen on rideshare networks", said the company in its post.
Bloomberg previously reportedAlphabet was considering a $1 billion investment. On paper, Uber remains the far more valuable company. But the relationship fractured as Uber started working on self-driving cars in competition with Waymo.
Fire out at oil and gas platform; no pollution
A Coast Guard helicopter, along with Coast Guard vessels and boats from local agencies, continued looking for the missing worker. Jefferson Parish's water supply comes from the Mississippi River and no drinking water comes from Lake Pontchartrain, Yenni said.
What's also interesting about this deal is that CapitalG was a backer for Uber early on in the company's life.
There's a long history of technology companies investing in the next generation of upstarts.
Lyft had raised $600 million at a $7.5 billion valuation in April this year.
Lyft's new valuation is another black eye for Uber, which once boasted a close relationship with Mountain View.
There's no word on the renaming developments of two other schools in the county: George Elementary, named after Confederate Gen. Furthermore, we have to point out that it's ludicrous to name a school after Obama less than a year after he left office.
Gord Downie and The Tragically Hip perform to a crowd of over 9,900 fans at Budweiser Gardens August 8, 2016. The singer announced past year he had been diagnosed in December 2015 with terminal brain cancer.
Award-winning actor Roy Dotrice , known for his role as the head of the Alchemists' Guild in Game Of Thrones , has died aged 94. Born on Guernsey, Dotrice joined the Royal Air Force and was trained as a wireless operator and air gunner.
President Trump's net worth has reportedly dropped by $600 million, according to the Forbes list of 400 richest Americans. Richard DeVos' net worth is valued at $5.1 billion and is ranked No. 107 on this year's list.
Since 2009, the only worldwide team to visit Pakistan is Zimbabwe, who played five limited-overs games in Lahore in 2015. The remaining matches will be held in Abu Dhabi (October 18) and in Sharjah (October 20 and 23).
The project - called Sidewalk Toronto - will be located in a new neighbourhood called Quayside, located at Parliament Slip. An 800-acre strip of Toronto's waterfront may show us how cities of the future could be built.
Goodell, speaking to reporters after a two-day owners meeting in NY , announced no plans to change the league's policy. Other players followed suit, and the movement spread after criticism from US President Donald Trump last month.
He lasted just 10 days in his White House job during which he went on a foul-mouthed rant to a journalist which was made public. The former Trump aide kicked off his ambiguous project with partner Lance Leifer, who like Scaramucci is a hedge fund manager.
He said that following the success of operation Zarbe-Azab now the enemies are making cowardice attacks from Afghanistan. Security forces have reached the location and cordoned off the area, and a security sweep is underway, he said.
The Irish government said the storm was likely to be the worst since Hurricane Debbie, which killed 11 in Ireland in 1961. In Ireland some 245,000 customers are without electricity, while 3,600 homes are without power in Northern Ireland.
Perhaps most clearly, TBH is yet another channel where Facebook can command the time and attention of young people. They add that this move is ideal not only to reach more people but also to accomplish their app's goal .
Minnesota Granted Real ID Extension
MVD will utilize MSU-B student work through marketing and research classes to develop the public information campaign. You do not need a REAL ID-compliant card to do numerous things your current license allows you to do.
Colorado Teenager Fatally Stabs Two Young Siblings
Barnes said the victims were the youngest of Jefferson Murphy's five children, and Malik Murphy was the oldest. Colorado Springs police are not releasing the name of the two arrested but did say they are both 16.
Wales change selection policy in bid to keep stars
When that contract expires and if the player has less than 60 caps, they would not be eligible for selection. Phillips said: "Whatever contract that a player is in today, that contract is protected".
Australia elected to the Human Rights Council
However, human rights activists both within and outside the country decried the election of the DRC to the United Nations body. Earlier, Pakistan had been elected as the member of United Nations (UN) Human Rights Council for the term 2018-20.
Google Photos Will Now Recognize Your Pets
And if their pet is especially cute, then you take a ton of pictures and post it on your favorite social media. The new feature is being rolled out to most countries today and works simply be uploading the photos.
Amazon Studios head resigns amid harassment allegations
The allegations surfaced as revelations of decades of alleged abuse of women by mogul Harvey Weinstein flooded Hollywood. Amazon Studios head Roy Price has resigned in the wake of sexual harassment claims, according to multiple outlets.
Jack Dorsey promises Twitter crackdown on terrorist accounts
However, he also said that it's not as high a priority as enforcing rules on trolls and people putting out abusive tweets. Dorsey was asked whether being a blatant Nazi was enough to earn a ban. "We're reconsidering our verification policies".