• Exclusive: Google and Uber Are Going to War Over Taxis – Bloomberg Business

     

    http://www.bloomberg.com/news/articles/2015-02-02/exclusive-google-and-uber-are-going-to-war-over-taxis?hootPostID=86b6175a61f6b983b08a1c1055694458Uber faces an ever-growing cast of adversaries that includes dubious regulators, litigious drivers, hostile members of the press, and some well-funded rivals.But the most significant threat to the app-based transportation company may be much closer to home: one of its biggest investors, Google. Google Ventures, the search giant’sventure capital arm, invested $258 million in Uber in August 2013. It was Google Ventures’ largest investment deal ever, and the company put more money into Uber’s next funding round less than a year later.

    Now there are signs that the companies are more likely to be ferocious competitors than allies. Google is preparing to offer its own ride-hailing service, most likely in conjunction with its long-in-development driverless car project. Drummond has informed Uber’s board of this possibility, according to a person close to the Uber board, and Uber executives have seen screenshots of what appears to be a Google ride-sharing app that is currently being used by Google employees. This person, who requested not to be named because the talks are private, said the Uber board is now weighing whether to ask Drummond to resign his position as an Uber board member. Read more…