(San Francisco)
In what seems like a dramatic development considering all the other news that comes out on self-driving cars, people close to the situation say Waymo, Google’s self-driving car subsidiary, will launch an autonomous car service next month. The service is supposed to compete directly with Uber and Lyft.
FINSUM: Doesn’t this seem a little soon considering how recently fatal accidents were occurring? This could be a frivolous headline, but it could also be a major technological moment and potentially a good time to buy Alphabet.