Comcast is spinning out Rotten Tomatoes, Fandango and a bunch of NBCUniversal (NBCU) cable networks into a separate company. That means USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel will soon have a new home. Comcast is hanging onto other NBCU operations, namely NBC, Peacock, film and TV studios, Telemundo and theme parks. Bravo is also sticking around to help keep feeding Peacock's ever-hungry reality TV maw. Comcast says the new entity will be a "tax-free spin-off" and the step is "expected to be accretive to revenue growth at Comcast and approximately neutral to Comcast's leverage position."

Uber is spinning off Postmates' autonomous delivery division into a separate startup called Serve Robotics. The company inherited the unit when it acquired Postmates last year for $2.65 billion. According to Bloomberg, Uber will invest approximately $50 million in a Series A financing round that will make the company a minority stakeholder in Serve Robotics. The startup will operate independently of its former parent. However, it will maintain a close relationship with the company through a partnership that will see its sidewalk robots deliver groceries and other essentials to Uber customers.

The self-driving car project Google started seven years ago has grown into a company called Waymo, signaling its confidence that it will be able to bring robot-controlled vehicles to the masses within the next few years. "We are getting close, and we are getting ready," Waymo Chief Executive John Krafcik said Tuesday after unveiling the company's identity. To underscore his point, Krafcik revealed the project had reached a key milestone in the journey to having fully autonomous cars cruising on public roads. In a trip taken in October 2015, a pod-like car with no steering wheel and brake pads drove a legally blind passenger around neighborhoods in Austin, Texas, without another human in the vehicle. It was the first time one of the project's cars had given a passenger a ride without a human on hand to take control of a self-driving car if something went wrong.