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Toyota's Acquisition Of Lyft's Self-Driving Unit Bolsters Its Automation Ambitions
Toyota Motor Corp will acquire Lyft Inc's self-driving technology unit for $550 million, the companies said, as the Japanese firm steps up its automation ambitions with the newly created Woven Planet division.
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Lyft To Provide Drivers With Partition Shields As Coronavirus Protection
Lyft Inc said on Friday it would distribute some 60,000 vehicle partition shields to its most-active drivers as a protection against the coronavirus and begin selling the custom-made protective barriers to other drivers later this summer. The ride-hailing company began in May to require both passengers and drivers to wear a mask during trips and sa...
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Uber Says Will Cut 3,700 Jobs, CEO Dara Khosrowshahi to Waive Base Salary
Uber Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates ride-hailing businesses.
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Uber Rival Lyft Launches Meal, Grocery Delivery Service In Several U.S. Cities
Lyft Inc on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in need during the coronavirus crisis.
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Uber And Lyft Take Different Roads In Search Of Profit
Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around.
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Lyft Sees Ride-Hailing Price War Easing, Sending Uber And Lyft Shares Up
Lyft Inc on Wednesday said a price war with rival Uber was easing, boosting shares of both companies and allowing Lyft to raise its outlook for the year and forecast a faster path to profitability.
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Uber Said to Plan IPO for April, on the Heels of Lyft
Uber Technologies is planning to kick off its initial public offering in April, putting it close on the heels of smaller rival Lyft Inc, people familiar with the matter said on Thursday.
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Uber Confidentially Files For IPO In Tight Race With Rival Lyft: Sources
Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.
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Lyft Races to Leave Uber Behind by Filing for Its IPO
Ride-hailing company Lyft Inc beat bigger rival Uber Technologies in filing for an initial public offering (IPO) on Thursday.
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Uber Drivers Underpaid? MIT To Review Its Study After Uber CEO's Tweet
An MIT research group that reported nearly three-quarters of Uber Technologies and Lyft Inc drivers earned below minimum wage is revisiting its study after a tweeted challenge by Uber CEO Dara Khosrowshahi.
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Ford, Lyft Will Partner To Deploy Self-Driving Cars
Lyft will offer an open platform for companies to deploy self-driving vehicles on its network, and has partnerships with self-driving vehicle technology startup Drive.ai and Alphabet Inc's Waymo self-driving car unit.
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Uber Rival Lyft Met London Transport Officials, Documents Show
Lyft, Uber's closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London's transport regulator over the past year, a sign it may be targeting the city for international expansion.
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Google Parent Alphabet Said to Be in Talks to Invest in Lyft
An injection of support from one of Silicon Valley's largest companies could be a boost to Lyft as the No. 2 ride provider battles rival Uber for market share.
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Estonia Upstart Taxify Has a Plan to Lure Uber Drivers to Its Platform
Upstarts across the world, such as Lyft Inc and Ola, are trying to catch Uber in the on-demand car-ride market by securing brand loyalty. But Taxiy has another plan.
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Lyft, Waymo Ink Self-Driving Car Deal: Report
The partnership between the two has competitive implications for Uber Technologies Inc, the largest ridesharing company in the world
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Toyota's Acquisition Of Lyft's Self-Driving Unit Bolsters Its Automation Ambitions
Toyota Motor Corp will acquire Lyft Inc's self-driving technology unit for $550 million, the companies said, as the Japanese firm steps up its automation ambitions with the newly created Woven Planet division.
-
Lyft To Provide Drivers With Partition Shields As Coronavirus Protection
Lyft Inc said on Friday it would distribute some 60,000 vehicle partition shields to its most-active drivers as a protection against the coronavirus and begin selling the custom-made protective barriers to other drivers later this summer. The ride-hailing company began in May to require both passengers and drivers to wear a mask during trips and sa...
-
Uber Says Will Cut 3,700 Jobs, CEO Dara Khosrowshahi to Waive Base Salary
Uber Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates ride-hailing businesses.
-
Uber Rival Lyft Launches Meal, Grocery Delivery Service In Several U.S. Cities
Lyft Inc on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in need during the coronavirus crisis.
-
Uber And Lyft Take Different Roads In Search Of Profit
Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around.
-
Lyft Sees Ride-Hailing Price War Easing, Sending Uber And Lyft Shares Up
Lyft Inc on Wednesday said a price war with rival Uber was easing, boosting shares of both companies and allowing Lyft to raise its outlook for the year and forecast a faster path to profitability.
-
Uber Said to Plan IPO for April, on the Heels of Lyft
Uber Technologies is planning to kick off its initial public offering in April, putting it close on the heels of smaller rival Lyft Inc, people familiar with the matter said on Thursday.
-
Uber Confidentially Files For IPO In Tight Race With Rival Lyft: Sources
Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.
-
Lyft Races to Leave Uber Behind by Filing for Its IPO
Ride-hailing company Lyft Inc beat bigger rival Uber Technologies in filing for an initial public offering (IPO) on Thursday.
-
Uber Drivers Underpaid? MIT To Review Its Study After Uber CEO's Tweet
An MIT research group that reported nearly three-quarters of Uber Technologies and Lyft Inc drivers earned below minimum wage is revisiting its study after a tweeted challenge by Uber CEO Dara Khosrowshahi.
-
Ford, Lyft Will Partner To Deploy Self-Driving Cars
Lyft will offer an open platform for companies to deploy self-driving vehicles on its network, and has partnerships with self-driving vehicle technology startup Drive.ai and Alphabet Inc's Waymo self-driving car unit.
-
Uber Rival Lyft Met London Transport Officials, Documents Show
Lyft, Uber's closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London's transport regulator over the past year, a sign it may be targeting the city for international expansion.
-
Google Parent Alphabet Said to Be in Talks to Invest in Lyft
An injection of support from one of Silicon Valley's largest companies could be a boost to Lyft as the No. 2 ride provider battles rival Uber for market share.
-
Estonia Upstart Taxify Has a Plan to Lure Uber Drivers to Its Platform
Upstarts across the world, such as Lyft Inc and Ola, are trying to catch Uber in the on-demand car-ride market by securing brand loyalty. But Taxiy has another plan.
-
Lyft, Waymo Ink Self-Driving Car Deal: Report
The partnership between the two has competitive implications for Uber Technologies Inc, the largest ridesharing company in the world
