Lyft is a North American-based marketplace network that connects drivers (supply-side) to riders (demand-side) and individual customers to two-wheel modes of transportation. The firm makes money by ...

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.

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 ...

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.

In an apparent attempt to keep pace with its rival Uber, ride-hailing service Lyft plans to launch a fleet of robotaxis in ...

Major hedge fund manager Bill Ackman announced a big stake in Uber last Friday. The stock rocketed on the news. However, there are several risks in Uber's stock to consider before buying. Last week, ...

Former Tesla executive Jorge Milburn said on Monday that no autonomous ride providers will be able to compete with the EV ...