San Francisco Taxi Medallions At Center Of Financial MeltdownWhile taxi medallions in San Francisco were once seen as a good investment -- literally a license to make money for cab drivers -- the popularity of ride-sharing apps has led to a looming financial meltdown for the city's struggling taxi industry.
San Francisco Taxi Medallions At Center Of Financial MeltdownWhile taxi medallions in San Francisco were once seen as a good investment -- literally a license to make money for cab drivers -- the popularity of ride-sharing apps has led to a looming financial meltdown for the city's struggling taxi industry.
Uber Accused of Hacking, Wiretapping Rival Companies in Bombshell Letter Released by JudgeA former Uber security specialist accused the company of dispatching a team of spies to steal its rivals' trade secrets and using shady tactics to thwart its competition in the ride-hailing market.
Lyft Announces Its First International ExpansionLyft did not give a specific date for when it would come to Toronto, but noted it would be there in time for the holidays.
Background Checks For Uber And Lyft Drivers Won't Require FingerprintingWhile a new policy will have Uber and Lyft drivers going through an annual background check for the first time, drivers still won't be fingerprinted.
San Francisco Looks At Special Curbs For Uber, Lyft To Reduce CongestionLooking to end congestion from Uber and Lyft drivers on San Francisco streets, Mayor Ed Lee has come up with a proposal to free up the roads.
Arrested Saudi Prince Built Empire From Riyadh To Silicon ValleyShares in Kingdom Holding, the firm that Prince Alwaleed bin Talal built into a global power, have dropped 12% in two days after the prominent Saudi investor was arrested as part of an anti-corruption drive.
Uber, Lyft Drivers Racking Up San Francisco Traffic ViolationsTwo thirds of all the tickets handed out for traffic violations in San Francisco between April and June were given to Uber or Lyft drivers.
Feds Launch Investigation Of Uber's Alleged Tracking Of Lyft DriversThe Justice Department in Manhattan is investigating whether Uber illegally used software to track drivers for Lyft, its main ride-hailing competitor, to gain an advantage in attracting and recruiting drivers.
Lyft Announces Statewide Service In California, Including Rural AreasThe much smaller Lyft announced Thursday that it is offering service to passengers in every corner of 32 U.S. states, including hard-to-reach rural areas.
SF Ride-Hailing Company Lyft Forms New Unit To Develop Self-Driving CarsThe San Francisco-based ride-hailing service said it will invite automakers and tech companies to use it to haul passengers in their self-driving vehicles and gather data.
4th Dirt Biker Arrested In Lyft Driver BeatingA fourth dirt biker who was wanted in connection with the video-taped beating of a Lyft driver on Highway 101 last March has been taken into custody.

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