Tech
Uber in talks with its founder, Travis Kalanick, to fund self-driving car deal
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Uber is increasingly grappling with competition from self-driving taxi services like Waymo. Now the ride-hailing giant is taking more action to deal with that threat.
Uber is in talks with Travis Kalanick, the company’s co-founder who was forced out in a boardroom coup eight years ago this month, to help fund his acquisition of the U.S. subsidiary of a Chinese autonomous vehicle company, two people with knowledge of the matter said. The company, Pony.ai, was founded in Silicon Valley in 2016 but has its main presence in China, and has permits to…
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