![Toyota snaps up Lyft's self-driving cars unit for $550 million](https://cdn.cnn.com/cnnnext/dam/assets/210427034248-lyft-passenger-082020-file-restricted-super-tease.jpg)
Toyota snaps up Lyft's self-driving cars unit for $550 million
CNN
Toyota is hitting the gas to achieve its self-driving goals by buying Lyft's autonomous vehicle business for over half a billion dollars.
The two players announced the $550 million acquisition on Tuesday, saying that it would allow them to create a "dream team" of about 1,200 researchers and engineers around the world. The combined unit will live under Woven Planet, a newly formed subsidiary launched by Toyota (TM) in January. That business is dedicated to investing in futuristic technologies, including automated driving, smart cities and robotics.![](/newspic/picid-6252001-20250215004209.jpg)
The morning after the mass resignation of prosecutors sparked a crisis inside the Trump Justice Department, acting Deputy Attorney General Emil Bove led a meeting with the Justice Department’s public integrity section. His message: they had to choose one career lawyer to file a dismissal of the corruption charges against New York City Mayor Eric Adams, according to three people briefed on the meeting.
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Seventh prosecutor in Eric Adams case resigns and calls out Trump’s former lawyer in scathing letter
A federal prosecutor assigned to the corruption case against New York City Mayor Eric Adams resigned Friday in a blistering letter that accused top leaders at the Justice Department of looking for a “fool” to dismiss the criminal charges.