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That's a billion with a 'B'! Is this a way Google is trying to get back at Uber?
by sidcool 9y ago
That's a billion with a 'B'! Is this a way Google is trying to get back at Uber?
- ghostbrainalpha 9y agoI'd really hope Billions are not being spent on basic pettiness. But these companies are competitors and their long term incentive is not to work together.
- linkregister 9y agoI seriously doubt it. Google does business with its competitors all the time. It pays Apple billions per year to promote its search engine while engaging in proxy lawsuits against Apple. CapitalG also has completely different objectives than Waymo. Larry & Sergey have 51% of Alphabet, but I seriously doubt the board of directors would approve a $1B spend out of spite. The Lyft deal looks to be genuinely good. The Waze Carpool app still has low usage even in the Bay Area. Lyft can supply their network, so Waymo doesn’t have to support every metro area, which is what they would have to do if they just sold self-driving kits to automakers.