Source: South China Morning PostLyft has agreed to sell its self-driving division to a subsidiary of Toyota Motor Corp, joining Uber Technologies in stepping back from the costly driverless vehicle research once thought to be on the verge of revolutionising ride-hailing.The deal is worth US$550 million and will allow Lyft to turn an adjusted profit in the third quarter of this year, the company said Monday. Previously, Lyft was targeting profitability by the end of the year. The company estimates that selling the division…Read More