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Alphabet and Intel deals put new pressure on Uber

Alphabet is planning on investing $1bn into Lyft, according to a report from Bloomberg, published in the same week that Alphabet subsidiary Waymo received word that Uber would not be allowed to seek private arbitration in the pair’s lawsuit. In combination, the two moves could shortly see Lyft dethrone the embattled Uber (which has also had its licence revoked in London, though that is subject to appeal). Another potential nail in Uber’s coffin is a new deal that will see Intel hardware power Waymo’s Chrysler Pacifica minivans. This is another example of the battle lines forming in the auto industry, with Intel signing up Waymo as a hardware partner – which likely means that auto makers will eventually begin buying package…

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