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AMAZON LOOKS TO SELF-DRIVING FUTURE BY ACQUIRING ZOOX

Amazon said that it is buying self-driving technology company Zoox, which is developing an autonomous vehicle for a ride-hailing service that people would request on their phones.

Seattle-based Amazon did not disclose how much it is paying for Zoox, which was founded six years ago in Foster City, California. Analysts pegged the purchase price at over $1 billion.

The online retailing giant said Zoox will keep

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