Google Inc. plans to make its self-driving cars unit, which will offer rides for hire, a stand-alone business under the Alphabet Inc. corporate umbrella next year, a person briefed on the company’s strategy said. (....) By challenging ride-sharing pioneers like Uber and Lyft Inc., as well as traditional taxis, Google is providing the clearest indication yet how it plans to make money from self-driving automotive technologies that it began testing in 2009. Google spokeswoman Gina Scigliano declined to comment.
Google to Make Driverless Cars an Alphabet Company in 2016 - Bloomberg Business
Google to Make Driverless Cars an Alphabet Company in 2016 - Bloomberg Business
