Business Briefs: Toyota, Uber, Timeshifter

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Toyota will reportedly buy a $1 billion stake in Singapore-based company Grab, which is currently valued at more than $10 billion. Grab is the largest ride-sharing company in the region. This deal marks the largest investment by a carmaker in any ride-sharing firm.

Uber's CEO Dara Khosrowshahi said he would support an additional cost to riders taking Ubers in New York City where the taxi business is more competitive. Khosrowshahi says technology has changed the industry and is in favor of a fee that would level the playing field.

Those that are sick of jet lag can now use a new app called Timeshifter. The app was developed in collaboration with Harvard Medical School scientists and aims to help frequent flyers and long-distance travelers fight daytime fatigue associated with crossing time zones. Users of Timeshifter have to let the app know where they're going and then the app will give tips on how to avoid jet lag. Timeshifter is available now in the Apple and Android app stores.

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    Police: Gas station attendant stabbed in chest during Patchogue armed robbery

    Thursday, June 21 2018 11:42 AM EDT2018-06-21 15:42:42 GMT
    Police say a man was stabbed in the chest during an early morning armed robbery in Patchogue.Police say a man was stabbed in the chest during an early morning armed robbery in Patchogue.

    According to police, three men entered Coastal gas station on West Main Street, displayed a knife and demanded cash around 1:10 a.m.

    According to police, three men entered Coastal gas station on West Main Street, displayed a knife and demanded cash around 1:10 a.m.

  • Tribute held for boy lost in waters off Long Beach

    Tribute held for boy lost in waters off Long Beach

    Thursday, June 21 2018 8:02 PM EDT2018-06-22 00:02:29 GMT
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    Friends and family of the 10-year-old boy swept away in the waters off Long Beach held a tribute Thursday at the shore.Friends and family of the 10-year-old boy swept away in the waters off Long Beach held a tribute Thursday at the shore.

    Friends and family of the 10-year-old boy swept away in the waters off Long Beach held a tribute Thursday at the shore.

    Friends and family of the 10-year-old boy swept away in the waters off Long Beach held a tribute Thursday at the shore.

  • New study finds possible trigger for Alzheimer’s

    New study finds possible trigger for Alzheimer’s

    Thursday, June 21 2018 7:33 PM EDT2018-06-21 23:33:21 GMT

    A new study suggests viruses that sneak into the brain may play a role in triggering Alzheimer's disease.

    A new study suggests viruses that sneak into the brain may play a role in triggering Alzheimer's disease.

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  • 2018 MTV Movie and TV Awards

    2018 MTV Movie and TV Awards

    The 2018 MTV Movie and TV Awards were held at Barker Hangar on June 16, 2018 in Santa Monica, California.The 2018 MTV Movie and TV Awards were held at Barker Hangar on June 16, 2018 in Santa Monica, California.
    The 2018 MTV Movie and TV Awards were held at Barker Hangar on June 16, 2018 in Santa Monica, California.The 2018 MTV Movie and TV Awards were held at Barker Hangar on June 16, 2018 in Santa Monica, California.

    The 2018 MTV Movie and TV Awards were held at Barker Hangar on June 16, 2018 in Santa Monica, California.

    The 2018 MTV Movie and TV Awards were held at Barker Hangar on June 16, 2018 in Santa Monica, California.

  • Just Married on Long Island

    Just Married on Long Island

    News 12 Long Island wants to announce your wedding. Share your pictures and videos with News 12 Long Island viewers!

    News 12 Long Island wants to announce your wedding. Share your pictures and videos with News 12 Long Island viewers!

  • KTUphoria rocks Jones Beach

    KTUphoria rocks Jones Beach

    Pitbull, the Backstreet Boys and others were at Jones Beach on Saturday, June 16, for KTU's KTUphoria.

    Pitbull, the Backstreet Boys and others were at Jones Beach on Saturday, June 16, for KTU's KTUphoria.

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