Toyota Motor will acquire Lyft Inc’s self-driving technology unit for $550 million, the companies said, as the Japanese automakers boost its presence in the autonomous world with the newly created …
Lyft
- Uber
Uber to shut down in California temporarily if new ruling not overturned
by SpeedLuxby SpeedLuxIn new court filings Wednesday, a top official of Uber Technologies Inc said the company would “almost certainly need to shut down” ride services in California for likely over a …
- Uber
Uber to require riders and drivers wear masks to reduce coronavirus risks
by SpeedLuxby SpeedLuxUber and Lyft hopes that the increasing use of face masks to deal with the coronavirus outbreak will make customers comfortable enough to use their ride-sharing services. Uber will soon require both …
Lyft Inc has purchased U.S.-based startup Halo Cars, which permits drivers to make money from digital advertisements showed on top of their vehicles. The deal, first reported by Axios, was …
Lyft stated on Thursday that it’s launching a car rental service, which will allow customers to rent a vehicle without needing them to go to the counter. Shares of Hertz and Avis dropped following …
Japan’s Rakuten Inc stated on Tuesday it expects to take a 103 billion yen ($947 million) loss in the recent quarter on its investment in U.S. ride-hailing company Lyft Inc. …
Some drivers for ride-hailing giants Uber and Lyft shut down their apps Wednesday to protest what they refers as declining wages at a time when both companies are raking in …
General Motors on Tuesday reported a higher-than-expected quarterly profit, raised by revaluations of shares it owns in ride-hailing company Lyft Inc and France’s Peugeot SA. Excluding the advantages of those …
- General Motors
General Motors considers options for its Lyft stake following IPO
by SpeedLuxby SpeedLuxAs Lyft Inc cruises toward an initial public offering in March, one of the big winners is going to be General Motors, whose stake in the ride-hailing firm could cost …

