News

Uber is reportedly in talks to sell its self-driving vehicle division to a startup run by former Uber, Tesla, and Google executives and backed by Amazon

Uber is in talks to sell its self-driving vehicle division, ATG, to autonomous vehicle startup Aurora, TechCrunch reported Friday. ATG has been hobbled by a deadly crash, infighting, and unreliable tech– leading investors to lose patience and sparking rumours the company would try to offload the struggling unit. Despite a […]
Uber is reportedly in talks to sell its self-driving vehicle division to a startup run by former Uber, Tesla, and Google executives and backed by Amazon
Markets

Warren Buffett-backed acquisition deal spurs 74% surge in E.W. Scripps

Warren Buffett’s Berkshire Hathaway will make a $US600 million preferred equity investment in E.W. Scripps to help finance the television network company’s acquisition of ION Media. A combination of E.W. Scripps and ION Media will create a national TV network business that will reach more than 100 million households via […]
Warren Buffett-backed acquisition deal spurs 74% surge in E.W. Scripps