WSJ News Exclusive | Amazon in Advanced Talks to Buy Self-Driving-Car Tech Company Zoox

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Amazon is in advanced talks to buy Zoox, a move that would expand its reach in autonomous-vehicle technology, people familiar with the matter said

Amazon.com Inc. is in advanced talks to buy Zoox Inc. in a move that would expand the e-commerce giant’s reach in autonomous-vehicle technology.

The companies are discussing a deal that would value Zoox at less than the $3.2 billion it achieved in a funding round in 2018, according to people familiar with the matter. An agreement may be weeks away and the discussions could still fall apart, one of the people cautioned.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We are already using autonomous technology on our delivery vehicles. The technology is developed by X-matik.

$iotx can help for the security of IoT products who used to be by autonomous driving

.why can't you invest in electric vehicles or things that help fight climate change instead JeffBezos

This will end badly if the development approach is not flipped----The Autonomous Vehicle Industry can be Saved by doing the Opposite of what is being done now to create this technology

ZOOX is the autoworks Let me tell ya It’s where they take all the cars that they hurt

TESLAcharts $AMZN + Rivian + Zoox = $TSLAQ

oreccp, you ready to dive deep?

capitalism moving on...

Wasnt Rivian heavily funded by amazon?

When Amazon turns all of their jobs in to robots will the federal government make them pay taxes?

Next they'll buy skynet and it's over Johnny

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook and Amazon hit records, but not all FAANG stocks have kept upFacebook, Amazon and Netflix each hit records last week, but not all of the FAANG trade has been so lucky. Todd Gordon of Ascent Wealth Partners on the name that stands out to him. boycottamazon How laughable that FANG and the NQ make record highs in this environment. Anyone if you sycophants please defend this, I can blast you all day on this disgrace Вы открыли мне глаза
Source: CNBC - 🏆 12. / 72 Read more »