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Lyft is ceasing scooter operations in six cities and laying off...

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In an industry where unit economics and rider utilization are key to running a profitable business, perhaps it’s better to cut your losses early...

Lyft deploys 200 long-range EVs for its rideshare rental fleet in...

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Lyft is making 200 new long-range EVs available to rideshare drivers as part of its Express Drive program, the company revealed today. Express Drive...

Aptiv and Hyundai form new joint venture focused on autonomous driving

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Automaker Hyundai is forming a new joint venture with autonomous driving technology company Aptiv, with both parties taking a 50 percent ownership stake in...

Lyft faces lawsuit that alleges kidnapping at gunpoint and rape

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Lyft is facing another lawsuit pertaining to its handling of alleged sexual assaults at the hands of drivers on its platform. In a suit...

SoftBank pumps $2B into Indonesia through Grab investment, putting it head...

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Grab — the on-demand transportation app worth $14 billion that is the Uber of Southeast Asia — today announced how it would be using...

Facebook announces Libra cryptocurrency: All you need to know

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Facebook has finally revealed the details of its cryptocurrency Libra, which will let you buy things or send money to people with nearly zero...

Lyft will donate $50 million a year to ‘improving city life’...

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Hot on the heels of a $24.3 billion IPO, Lyft today announced a program aimed at strengthening its civic engagement in the places its...

Lyft increases IPO price

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Lyft, expected to hit public markets in a landmark initial public offering Friday, has increased its share price range. In a new filing published...

How Nuro plans to spend Softbank’s $940 million

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Autonomous delivery startup Nuro is bursting with ideas since SoftBank invested nearly $1 billion in February, new filings reveal. A recent patent application details how...

Flight-hailing startup Blackbird raises $10 million to replace driving with flying

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The origin story of Blackbird, a startup that links travelers to planes and commercial pilots through an app, didn’t begin with air travel. It...