Google's driverless cars will now have to prove themselves as a real business

After it looked to be putting our self-driving dreams on hold (for a moment, at least), Google parent company Alphabet has revealed its real plans for driverless cars. The project, previously one of the major endeavors of Google X, is getting spun out into its own independent company. 

Dubbed Waymo, the new company will continue development of the autonomous-driving tech that has been in the works at Google for the last eight years. According to a Medium post from the new company's CEO, John Krafcik, Google prototypes have spent the equivalent of 300 years of time driving on roads since 2009 — data Waymo will build on as it continues to move toward its goal of making fully autonomous cars a reality. Read more...