tech:

taffy

Toyota investing $500M in Uber; to launch autonomous-mobility as a service fleet

Toyota is investing $500 million in Uber. The two companies are also expanding their autonomous ride-sharing collaboration, integrating their technology jointly into purpose-built Toyota vehicles to be deployed on Uber’s ride-sharing network.

The initial “Autono-MaaS” (autonomous-mobility as a service) fleet will be based on Toyota’s Sienna Minivan platform, the companies said in a statement.

Uber’s autonomous driving system and the Toyota Guardian automated safety support system will be integrated into the Autono-MaaS vehicles. Toyota will also utilize its Mobility Services Platform (MSPF), its core information infrastructure for connected vehicles.

Uber and Toyota say they anticipate that the mass-produced autonomous vehicles will be owned and operated by mutually agreed upon third party autonomous fleet operators.

Pilot-scale deployments will begin on the Uber ride-sharing network in 2021.

Toyota’s investment in Uber and the proposed collaboration are subject to standard regulatory approvals.

[Image courtesy: Toyota]

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.