At CES 2018, Lyft and Aptiv, a self-driving software company, will offer rides to show attendees in its automated ride hailing service (with a safety driver in the front seat). The goal, say the two companies, is to “accelerate the availability of automated driving platforms for commercial applications,” by operating in a complex environment such as the Las Vegas metro area. Aptiv is a subsidiary of Delphi Automotive, which split into two companies to emphasize its capabilities in self-driving technologies. Continue reading At CES 2018, Attendees Can Hail a Lyft/Aptiv Autonomous Car

SoftBank Group wants to buy 17 percent to 22 percent of Uber Technologies, via a combination of share purchases from the company and a tender offer to employees and investors. The deal would only work if SoftBank can convince Uber’s shareholders to sell their stock at a discount. According to sources, the bank’s investment could total as much as $10 billion, which would make it the largest-ever single investment in a private venture-backed startup. SoftBank also wants two board seats, adding to Uber’s nine current directors. Continue reading SoftBank Leads Investment In Uber That Could Hit $10 Billion