Toyota Throws Uber a $500 Million Bone Towards Driverless Cars

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[leonardfreid]

I never heard of a company that loses money and rises in value at the same time. 21st century business math.

[jackwild]

Company is wildly mismanaged... Look at Dara's salary alone ! Wow.

[rayb]

I drive a Corolla I'm disappointed that they would give uber money.

[DustinIsDriving]

I wish I had money being thrown at me like that.. and still say I operate at a loss lol

[dejohnny]

Some major automobile manufacturers are using uber to develop self-driving capabilities for thier vehicles with hope that it will work. But in doing so, they can also put the blame on uber if shit happens.

[Joszeprocks]

Sounds like some shareholders some Toyota trying to push them cross the finish line so they can an IPO and cash out of this pig

[enriquezapata]

Kevin Remember UBER loves to make money off someone else back.
Meaning like us drivers pay for ALL the expenses and DO THE WORK
but some how Uber manage to reverse the percentage in to their favor
without doing anything for us and we drivers let Uber do that.
well guess what, now Toyota steps in offering ( let me rephrase that )
handing over Uber a nice fat 500 million dollar deal with out doing anything
do you thing Uber CEO is going to reject that?
Hell no. who do you thing who is paying for those 500 millions?
The consumer who owns a Toyota vehicle.
When the self driving fails once again these two companies just go on their
way and probably another innocent live will be lost all in the name of money.

[NoahJonesNews]

this shit is gonna put a lot of people out of work.

[otbway]

Wouldn't it be nice if Uber driver's made so much money that they could buy their own self driving cars?
It's like buying a franchise but you won't have to put 70hrs a week in the car...
The question is how do we get there?

[DanT]

interesting how the company that most uber drivers buy their cars from is investing in such a adventure like that, there has to be something behind that

[davidsincere]

I can't believe you don't remember that GM pulled the plug on driverless cars. Is that happened what a couple months ago. And that was with Lyft. I don't think it's going to work any better with Uber.

[DriveandThrive]

Remember when I said the future was automated cars and you laughed me off? Haha