Alphabet considers billion-dollar investment in Lyft

September 16, 2017
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Google’s parent company Alphabet is one of Uber’s shareholders, but that won’t stop the company from investing $1 billion in Uber-rival Lyft, particularly at this moment in time. Alphabet, whose self-driving car project is well ahead of rivals, is embroiled in a legal battle with Uber, as the latter is accused of having stolen proprietary autonomous driving technology from Alphabet’s Waymo.

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