Lyft reported the results as it starts to produce positive free cash flow and as it tries to improve profitability. Rides, active riders and service speeds improved during the quarter.
GM's Cruise robotaxis have come and gone from Dallas streets without a commercial rollout here. Uber is planning a robotaxi ...
Waymo says it provides more than 150,000 trips each week. I've hailed several rides myself in San Francisco, and as ...
Are robotaxis and autonomous vehicles (AVs) just hype, or are they a real threat to Uber’s (UBER) future? The mobility tech company has shed ...
Lyft plans to launch autonomous robotaxis as early as next year. The ride-hailing company says the first city where they will ...
Billionaire Bill Ackman, the CEO of Pershing Square Capital Management, is known for investing in cash-flowing consumer ...
But there’s another issue that’s more complex and more uncomfortable to grapple with: cars, driven or driverless, can hurt or kill people. (The first pedestrian death caused by a self-driving car was ...
Lyft has announced plans to launch a robotaxi service in Dallas "as soon as 2026." The ride-hailing company will use Intel’s ...
Lyft reports fourth-quarter financial results after market close Tuesday. The report comes after Uber's recent results.
Uber has set its gross bookings forecast between $42.0 billion and $43.5 billion for the current quarter. Analyst expectations were closer to the higher end of that range. The company also projects ...
Billionaire investor Bill Ackman's Pershing Square Capital acquired a $2.3 billion stake in Uber by purchasing 30.3 million ...