Apple joins board of ‘Chinese Uber’

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Didi Chuxing is China's answer to Uber, but is much bigger. Apple just made a $1 billion 'strategic' investment in the company.
Apple's "strategic" investment is paying off.
Photo: Virginia Werner / Cult of Mac

Apple has scored a seat on the board of Didi Chuxing, the Chinese Uber rival that Apple invested $1 billion in earlier this year.

Although Didi Chuxing denied it at the time, regulatory filings show that Apple took the board position in late June, one month after it made its generous investment — designed to aid Apple’s continued push into China and interest in shaking up the automotive industry.

Apple hits reboot button on electric car project

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Apple's car project has stalled.
Apple's car project has stalled.
Photo: Motor1

Project Titan, Apple’s secret electric car program that was greenlit by Tim Cook two years ago, is facing a serious crisis.

The iPhone maker has reportedly laid off dozens of employees that were working on the auto project, even though the company has already started testing a couple of autonomous vehicles the team built.