Russia's Google rival just jumped into the self-driving car race

Self-driving car testing is one of the most exciting developments in the automotive world, as autonomous vehicles take to the streets in California, Michigan, Arizona, and as soon as next year, Russia. 

Russian search giant and Google competitor Yandex announced on Tuesday that it's working to develop its own on-demand transportation service, Yandex.Taxi.

“At this point in time, there are dozens of companies around the world building their own driverless cars, but only a few of them have components crucial for turning this project into reality," said the project's leader, Dmitry Polishchuk, in the announcement. "These components include a stack of reliable technologies and algorithms, engineering expertise and resources, and access to the market for self-driving vehicles. Yandex.Taxi, with the backing of Yandex, is one of the few players who can boast of possessing all of the above.” Read more...