ABU DHABI/WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Uber in advanced talks for $1bn self-driving stake sale
Bloomberg Uber Technologies Inc. is in advanced discussions to sell a $1 billion stake in its costly self-driving car unit to a consortium of investors led by SoftBank Group Corp., people familiar with the plans said. The deal would value the autonomous-vehicle business at $5 billion to $10 billion, and Uber would retain a majority stake, said the people, who ...
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