Aurora Innovation Floats Possible Sale to Apple or Microsoft

https://www.bloomberg.com/news/articles/2022-09-02/self-driving-ceo-floats-possible-sale-to-apple-or-microsoft

Aurora Innovation Inc.’s chief executive officer recently laid out a range of options for the self-driving company to respond to worsening market conditions and partners pushing out timelines, including a possible sale to Apple Inc. or Microsoft Corp., according to a document seen by Bloomberg.

Chris Urmson, who co-founded Aurora after running Google’s self-driving car project, also outlined cost cuts and floated measures including taking the company private, spinning off or selling assets and pursuing a small capital raise in a memo…