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UBER AND LYFT
Lyft, Baidu to start testing robotaxis in LondonChinese tech giant Baidu is set to test its self-driving cars in London soon. Partnering with Lyft, the company aims for commercial operati...- Massachusetts Uber, Lyft drivers certify first statewide ride-hailing union amid automation fearsThe victory could provide a model for similar campaigns gaining traction in states including California and Illinois, where labor organizer...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
- Lyft to buy Gett’s UK taxi business, marking its third international acquisitionLyft is expanding its global reach by acquiring the UK business of London black cab app Gett. This move significantly boosts Lyft's driver ...
- Why Uber stock is climbing as robotaxis testing will hit London streets next year after partnership with BaiduUber stock: Uber is set to test Baidu's Apollo Go robotaxis in London starting in the first half of next year, a move that positions the ri...
- Uber and Lyft agree to give Massachusetts drivers minimum payUber and Lyft settled a legal dispute in Massachusetts, ensuring benefits for gig workers and maintaining driver classification as independ...
- Thousands of US Uber and Lyft drivers plan Valentine's Day strikesThousands of ride-hailing workers in the US are set to strike at major airports on Wednesday, in what organisers claim will be their larges...
- Uber and Lyft to pay $328 million to address wage and sick leave issues in New YorkUber and Lyft have settled for a combined $328 million to resolve wage theft claims in New York. The settlement follows investigations into...
- Uber, Lyft to pay $328 million to settle New York wage theft claimsUber and Lyft will collectively pay $328 million to settle allegations from New York's attorney general that they systematically underpaid ...
- Lyft’s new CEO David Risher tackles a job requiring some heavy liftingJust days after taking over as CEO, David Risher came up with a restructuring plan that includes laying off nearly 1,100 employees.
- Lyft shares skid on fears Uber pulling aheadLyft shares hit their worst day on record after closing 36.4% lower, with 13 analysts lowering their price targets on the stock.
- For Uber and Lyft, the rideshare bubble burstsUber and Lyft are correct that they offer a useful service, including food delivery to the homebound, an alternative to drunken driving and...
- Seattle approves minimum pay standard for Uber and Lyft driversUnder the ordinance, effective January, the drivers will now earn at least $16.39 per hour - the minimum wage in Seattle for companies with...
- Lyft shares hit record low, piling pressure on Uber ahead of IPOLyft lost $1.1 billion for the March quarter, the company said on Tuesday.
- Lyft founders trade their animal costumes for a stage at NasdaqIf Silicon Valley is the fusion of two separate ideological strands, Uber and Lyft positioned themselves on different ends of the spectrum.
- Big winners of Uber, Lyft IPOs won’t be the usual suspectsThe filings submitted by Uber and Lyft aren’t yet public, but people familiar with each business outlined the largest shareholders.
- Lyft raises $1 billion from big new ally in battle with UberThe funding marks a major shift in Alphabet's allegiances away from Uber, and suggests a tighter pairing of its Waymo autonomous vehicle te...
- Uber won’t pay more than $2 billion for ride-hailing rival LyftLyft has been working with Qatalyst Partners to solicit interest from potential acquirers, people familiar with the matter said.
- Uber won't pay above $2 billion for LyftCompetition between Uber and Lyft has made rides more affordable for Americans. Lyft has managed to claw market share away from Uber in maj...
- Uber rival Lyft now brings General Motors' $500 million to battleGM will invest $500 mn in Lyft, giving the ride-hailing startup a valuation of $5.5 bn and a major ally in the global battle against Uber.
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