Uber wins $1bn investment from Toyota, SoftBank fund

Japanese car giant Toyota and investment fund SoftBank Vision Fund on Friday unveiled an investment of $1 billion in US company Uber to drive forward the development of driverless ridesharing services.

BMW, Daimler to invest 1 bn euros in joint carsharing scheme

German auto giants BMW and Daimler said Friday they would invest one billion euros ($1.1 billion) in combining and extending their carsharing schemes DriveNow and Car2Go, in future offering a slew of "mobility services", ...

T-Mobile, Sprint execs defending merger to lawmakers

With their $26.5 billion merger hanging in the balance, top executives of T-Mobile and Sprint are taking their case to Congress, arguing that joining their companies won't hurt competition or jack up consumer prices for wireless ...

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