>> US ride-hailing apps, Uber and Lyft, may be picking up some big new investors. A source telling Reuters late Thursday that Google's parent, Alphabet, is in talks with Lyft about a possible investment. One report saying it could be a billion dollar deal. Lyft's archrival, Uber, also getting some love.
Reports bubbling up all week about SoftBank's big investment in the Silicon Valley darling, despite recent scandals. So what's driving these latest, possibly giant investments? Reuters' San Francisco Bureau Chief, Peter Henderson, covers the industry.>> If ride services are going to be the way that people get around, autonomous car ride services are likely to change the situation even more.
There's discussion that some of the autonomous cars will be hitting the road in a couple of years from now. A lot of folks in the industry think that that is optimistic. At the same time, they expect that, sooner or later, most of the cars on the road will be autonomous.
And, if that's the case, people will not be owning autonomous cars, likely. They'll be owned by fleet operators, like Uber, Lyft, maybe GM, maybe Alphabet's Waymo.>> SoftBank's CEO, Masayoshi Son, has predicted that ride-hailing apps will change the world, and has bought stakes in many of the top ride-sharing players around the world.
That includes China's number one Didi Chuxing, which bought Uber's China business, and is also reported to be part of the consortium to invest in Uber. The Wall Street Journal reporting the deal could be as much as $10 billion