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Here’s what you need to know today in startup and venture news, updated by the SA¹ú¼Ê´«Ã½ News staff throughout the day to keep you in the know.

Yandex and Uber spin off self-driving venture

and are a self-driving joint venture into a standalone company.

Under terms of the deal, the Russian tech giant is increasing its stake by investing an additional $150 million.

The two companies combined their ride-hailing operations in Russia and areas of Eastern Europe about three years ago. With the autonomous driving unit as a separate company, Yandex will have a 73 percent stake, Uber will have 19 percent, and the balance will be owned by Yandex managers and employees.

Funding Rounds

• Nreal raises $40M for mixed reality: , a China-based mixed reality startup working on portable augmented headsets, just secured $40 million in a Series B round led by . The latest round brings 3-year-old Nreal’s total raise to more than $70 million.

Other News

• Feds close to launching Google antitrust action: The U.S. Justice Department plans to bring an antitrust case against as soon as this month, according to a in The New York Times.  The plans for a filing in the near future reportedly come after Attorney General William Barr overruled career lawyers who said they needed more time to build the case.

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