Aurora Innovation Inc Chief Executive Chris Urmson recently laid out a series of options for the self-driving company to combat challenging market conditions, including a possible sale to Apple Inc or Microsoft Corp, Bloomberg News reported on Friday. Shares of Aurora jumped 14.7 per cent to $2.42 in afte
Aurora Innovation Inc Chief Executive Chris Urmson recently laid out a series of options for the self-driving company to combat challenging market conditions, including a possible sale to Apple Inc or Microsoft Corp, Bloomberg News reported on Friday.Urmson, who co-founded Aurora after running Google's self-driving car project, also floated measures including cost cuts, taking the company private and spinning off assets, the report said, citing an internal memo.
The company, which has a market capitalization of about $2.4 billion, did not immediately respond to a Reuters request for comment.
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