Sunday, June 4, 2023

Toyota gets $550-million self-driving Lyft

Lyft Inc. will sell its self-driving technology unit to Toyota Motor Corp. for $550 million, Reuters reported today. Lyft will receive $200 million cash upfront for Level 5, with the remaining $350 million paid over five years, the companies said. The deal marks Toyota’s latest foray into ride hailing at a time of growing consolidation in the capital-intensive self-driving industry. Toyota said in February it would develop and build autonomous minivans for ride-hailing networks with Aurora and longtime supplier partner Denso Corp.

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Residents brace for Sudan army offensive to reclaim Khartoum from RSF

(Al Jazeera Media Network) A barrage of artillery shells hit a poor neighbourhood on May 31 in Khartoum, Sudan’s capital. Residents say the attack killed at...

More than 120 dead, hundreds injured in India train crash

(BBC News) More than 120 people are known to have been killed and 850 injured in a multiple train collision in India's eastern Odisha...