Hulk hogan in multiple cases against gawker. But first, new alliances forged between traditional automakers and the ride hailing challengers. The news comes as a car industry braces for change, especially when it comes to the future of car ownership. By investing in the main players, the biggest car brands are hoping to secure a place in the future. This week toyota tied up with uber and vw took a stake in gett. Here we take a look across the space to see who is leading the pack. Carmakers are choosing sides in the ride hailing wars, this week alone volkswagen invested 300 million in gett and toyota committed an undisclosed amount to uber with plans to get into the car leasing game. In january, General Motors took a 500 million stake in lyft and lets not forget apples billion dollar bet on didi. With traditional Card Companies Car Companies looking for a piece of the pie, which are leading the pack . Fueled by mega funding, uber may get all of the headlines, but lyft is taking on a muc
On squawk street, and this is squawk alley live. Good Tuesday Morning and welcome to squawk alley. Kayla tausche and me at post nine with jon fortt and jason calcaneus joining us as well. And now, our best ever day in china, and we have details with susan at hq. Yes, lets go to hung cho, china where the alibaba is projkting to grow 30 this year, which is some different from the projections of the and analysts. There was an overarching event of the company, and to him, alibaba is no longer a marketplace to sell goods according to the ceo jack ma. We want to have the collective datas are from the consumers and the datas are from the business. Yes, so data is very important to him, and, yeah, basically he is developing the cloud likem amazon and break out in the future, and you know the four major areas for alibaba, the cloud, marketplace, and what they are calling the mobile media and entertainment, and innovations technology, and the big topic that people wanted more clarity on is what
Station is down the block. Officers came quickly and they began first aid. The driver opened his door to escape and the woman wounded man got out that door but collapsed on the sidewalk and died at the hospital. Officers look for witnesses and Surveillance Video from several businesses across from the shooting. Reviewing all the video footage of not only the shooting but the escape path. Reporter it appears the suspect ran around the mcdonalds to golden gate avenue and got into a gray sedan with black paper plates with gold lettering. He was identified as a male with a ski mask. Reporter a brazen killing so close to a Police Station was startling. There is always argument, but Something Like this, not recently that im aware of. Reporter inspectors will look this is unfortunate circumstances when someone gets shot like this. Whether or not he was targeted, it is an Ongoing Investigation and will be determined later. Reporter people who claim to know the victim tell me he was 26 and from
Weve learned learned about the killing. Reporter so close to northern station, officers inside heard the shots. By standards came running to bang on station windows. The suspect is a blackmail, male, 5 foot 10. Reporter the description when out within minutes of the shooting. Violence stunned people on fillmore street. The victim was a passenger in a dodge sedan, pulling out of the mcdonalds drivethrough when the shooter walked up and opened fire. The Police Station is down the block. Officers came quickly and they began first aid. The driver opened his door to escape and the woman wounded man got out that door but collapsed on the sidewalk and died at the hospital. Officers look for witnesses and Surveillance Video from several businesses across from the shooting. Reviewing all the video footage of not only the shooting but the escape path. Reporter it appears the suspect ran around the mcdonalds to golden gate avenue and got into a gray sedan with black paper plates with gold letteri
Avenue. That is less than a block from the Northern District police station. Police say the gunman fired into a white dodge sedan, hitting a man in the passengers seat multiple times. The victim, a man in his twenties, was rushed to San Francisco general where he was pronounced dead. Investigators are interviewing witnesses and reviewing surveillance footage. Given there are cameras in this area, police are hopeful the footage could help track down the gunman. Turning now to the race for the white house, just a day after heroin in the nevada caucuses, democratic president ial candidate Hillary Clinton is in the bay area fund raising tonight. Ktvus Christien Kafton is live in piedmont where an event is set to begin in a few minutes. Reporter hi, ken. Take a look. Folks are still showing up to this event, set to get under way in just 15 minutes. The star of the show, Hillary Clinton, who narrowly won in nevada, in the caucus there, also preparing for next weekends battle in south carolin