Uber did not give up on being a part of the self-driving business, CEO Dara Khosrowshahi said on Tuesday.
Speaking to CNBC, Khosrowshahi said the company wants to "have access to the very best and leading autonomous technology" in the world. Commenting on Uber's sale of its self-driving unit...
Aurora Innovation agreed to acquire Advanced Technologies Group (ATG) from Uber, the companies revealed in a press release on Monday. After the acquisition is completed, Uber will over a 26% stake in ATG while Uber CEO Dara Khosrowshahi will become a part of the company's board.
ATG,...
As funding is getting thinner before the planned stock market listing, Uber Technologies Inc. is looking at the possibility to let investors take minority stakes in Advanced Technologies Group, leading to separation, the Financial Times reported on Wednesday quoting unnamed insiders. Preliminary...
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