Toyota bets on Uber

Ahh, the battle in the car industry is heating up. Quick, everyone, grab your popcorn! After both Lyft and Gett found investors in the form of General Motors and Volkswagen, respectively, it is Uber’s turn to get funded, and the car making company with the pleasure is none other than Toyota. The news broke out on Bloomberg’s Technology site, although it didn’t say how big the investment was. Both Uber and Toyota are keeping quiet about the matter, but it seems as the investment is not astronomical. "The Japanese automaker has no interest in taking a big position in the ride-sharing… [Continue Reading]