Intel Buys Moovit App for $900M to Boost Bet on Robotic Cars

Moovit, an 8-year-old company based in Israel, makes an app that compiles data from public transit systems, ride-hailing services and other resources to help its 800 million users plan the best ways to get around. Intel plans to combine Moovit with Mobileye, a self-driving car specialist that Intel bought for about $15 billion in 2017.