This report out yesterday on Uber is well worth a read for Uber-watchers as it points out how Alphabet would be wise to keep a very close on eye on the newly-formed Alphabet . Of particular note: "It would make sense for Uber to focus on ride-sharing. The company has been working on self-driving vehicle technologies for a while... and then there are the already-referenced reports about Google working on its own ride-hailing service. It was clear even when the company was known as Google that they want to compete with Uber — now that they have a little more leeway to explore that desire, it wouldn’t be surprising to see this cold war get heated. It might have been difficult for the company ( Alphabet ) to introduce that service before, but as two venture capitalist already joked, Alphabet isn"t bound by any promises Google might have made to Uber ."
This report out yesterday on Uber is well worth a read for Uber-watchers as it points out how Alphabet would be wise to keep a very close on eye on the newly-formed Alphabet . Of particular note: "It would make sense for Uber to focus on ride-sharing. The company has been working on self-driving vehicle technologies for a while...and then there are the already-referenced reports about Google working on its own ride-hailing service. It might have been difficult for the company ( Alphabet ) to introduce that service before, but as two venture capitalist already joked, Alphabet isn"t bound by any promises Google might have made to Uber ."