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Tag Archives: ‘flying

: Uber sells its ‘flying taxi’ business to startup Joby

A day after unloading its self-driving vehicle unit, Uber Technologies Inc. on Tuesday parted ways with its “flying taxi” business. Silicon Valley startup Joby Aviation said it will acquire Uber Elevate, and that Uber has agreed to invest $ 75 million as part of the deal. Joby said Uber UBER, …

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