Uber Posts $5.24 Billion Loss In 2nd Quarter After Stock PayoutsUber lost $5.24 billion in the second quarter — its largest quarterly loss ever — after making huge stock-based payouts in the months following its initial public offering.
Lyft Posts Q2 Losses Despite Revenue Growth, Improves OutlookLyft continued to bleed money in its second quarter but says it expects to stem some of those losses, raising its outlook for 2019.
Uber Lays Off 400 People On Its Marketing Team: 'We Need To Get Our Edge Back'Uber is laying off roughly one-third of its global marketing staff.
Rideshare Drivers Protest At Uber Headquarters, Demand Better Working ConditionsUber and Lyft drivers chanted and cheered outside the Uber headquarters building in San Francisco on Friday as they delivered a letter demanding negotiations for better working conditions.
More Legroom, Less Conversation For Uber Riders Who Pay ExtraUber is letting passengers tell their driver in advance that they'd like a little less conversation, and more legroom, if they're willing to pay.
Uber Lost More Than $1 Billion In First QuarterUber said Thursday it lost more than $1 billion in the first three months of 2019.
Uber Says It Will Kick Off Riders For Low RatingsUber passengers could lose access to the ride-hailing app if their rating is too low.
San Francisco Considers Surcharge On Uber, Lyft RidesUber and Lyft rides could become more expensive in San Francisco, as city officials consider a surcharge on rideshares.
Uber Files To Go Public In Highly-Anticipated IPOUber filed paperwork to go public on Thursday in what is likely to be one of the biggest public offerings ever for a technology company.
Lyft Reveals Big Growth But No Profits As It Readies For IPOSan Francisco-based ride-hailing giant Lyft is releasing financial details about the company in a federal filing before it begins selling its stock to the public.
Study: San Francisco Public Transit Takes Hit With Ride-Hailing AppsSince the rise of ride-hailing apps such as Uber and Lyft, public transit ridership in San Francisco and other major U.S. cities has taken a hit, according to a new study.
Lyft A Step Closer To Becoming Publicly Traded CompanySan Francisco-based Lyft is another step closer to becoming a publicly traded company.
Uber Says It's One Step Closer To Delivering Data On Sexual AssaultsUber released a report Monday that outlines how it will categorize sexual misconduct, sexual assault and rape claims involving its drivers and passengers.
Report Links Increased San Francisco Traffic Congestion To Uber, LyftA new report released by the San Francisco County Transportation Authority Tuesday linked a rise in traffic congestion in the city to ride-hailing services like Uber and Lyft.
San Francisco DA Launches Campaign To Ensure Safety For Uber, Lyft RidersThe San Francisco District Attorney’s Office has launched a citywide campaign to encourage users of ride-hailing services such as Uber and Lyft to take extra safety precautions.