Lyft shares fell as much as 4.2 percent on Monday (May 6) after reports came of a drivers’ strike, planned for this week. The planned rideshare strike is set to take place in New York City on Wednesday (May 8), and similar action could reportedly take place in other...
Shortly ahead of Uber’s initial public offering, drivers of the company in New York plan on going on strike. According to a report in Reuters citing a taxi union, Uber drivers, as well as Lyft and other ride-hailing app drivers, will strike Wednesday (May 8)...
Uber has added real-time info on London’s underground to its app, as well as other forms of public transportation, including bus, overground, river boat, shuttle and train information, according to reports. The company was granted a 15-month license to operate in London after it was...
Grocery stores are undergoing historic transformation thanks to digital technology, transforming from rather staid operations to places that feature the latest retail and delivery innovations. That’s all fine and dandy, assuming consumers are within easy reach of those grocery stores. But now, the digital economy...
Lyft announced that its Grocery Access Program is expanding into other cities in both the United States and Canada. Research has shown that there is a significant barrier to healthy food access for millions of people in the U.S., affecting approximately 23.5 million people. To help...
Uber and Lyft’s initial public offerings could result in customers paying more for their rides. That’s according to the Wall Street Journal, which reported that as public companies Lyft and eventually, Uber — which is slated to go public in May — may not be...
Uber announced late last week that it landed a $1 billion investment from Toyota, DENSO and the SoftBank Vision Fund. On Twitter, Uber Chief Executive Dara Khosrowshahi announced the investment, saying the companies are jointly working toward “the future of mobility.” In a press relase,...
Waymo, which recently became a company under the umbrella of Alphabet, is expanding its ride-hailing app in Phoenix and making it available on the Google Play store, according to a report in TechCrunch. The company launched its robotaxi service Waymo One in the area in...
Uber notched a 35 percent year-over-year gain in customers in the last quarter of 2018, but growth slowed in its ride-hailing business; it came in at $2.3 billion in the fourth quarter, flat when compared to the third quarter of 2018. That’s according to Uber, which...
