New Straits Times

China firm buys SeaWorld stake

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“There was a person behind the wheel,” said Montenegro regarding the Uber vehicle. “It is uncertain at this time if they were controllin­g the vehicle at the time of the collision.”

An Uber spokesman said: “We are continuing to look into this incident and can confirm we had no backseat passengers in the BEIJING: China’s Zhonghong Zhuoye Group Co agreed to acquire a 21 per cent stake in SeaWorld Entertainm­ent Inc from Blackstone Group LP, becoming the embattled United States theme-park operator’s largest shareholde­r.

The Asian leisure and tourism holding company will pay Blackstone US$23 (RM101.78) a share, or about US$448.5 million, based on shares held at the end of December. vehicle.”

Uber began testing self-driving cars in Pittsburgh last year and soon expanded to Arizona, after its self-driving cars were banned from streets here in December by the California Department of Motor Vehicles.

However, Uber’s self-driving car programme has been mired That represents a 33 per cent premium to SeaWorld’s closing price on Thursday. The announceme­nt sent the stock soaring.

SeaWorld, which owns 12 theme parks, including its namesake attraction­s, has battled negative publicity following the 2013 release of the documentar­y “Blackfish”, which argued killer whales shouldn’t be kept in captivity. Bloomberg in controvers­y. Waymo, Alphabet Inc’s autonomous driving business that is also testing driverless vehicles in Arizona, sued an Uber unit called Otto earlier this year for allegedly stealing designs for an important component of driverless cars known as lidar. Uber called the suit “baseless”. Bloomberg

 ?? REUTERS PIC ?? A self-driven Volvo vehicle owned and operated by Uber Technologi­es Inc is flipped on its side after a collision in Tempe, Arizona, on Friday.
REUTERS PIC A self-driven Volvo vehicle owned and operated by Uber Technologi­es Inc is flipped on its side after a collision in Tempe, Arizona, on Friday.

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