Google's parent company might invest $1 billion in Lyft, report says

In case we needed more proof that Google and Uber really are done with each other, Google parent company Alphabet is reportedly considering a major investment in Lyft. 

The investment, which hasn't been finalized, could be as much as $1 billion, according to Bloomberg.

Needless to say, if Google were now to invest such a large amount in Lyft, it would be a serious blow to Uber, which is also currently trying to secure more funding. The news comes on the heels of a report, featured in The Information, that Lyft is getting ready to start business in Canada — its first international expansion. Read more...