Uber Revenue More Than Doubles as People Ride More and Keep Ordering In Scott Marlette May 4, 2022 Uber Technologies Inc.’s UBER -3.03% revenue more than doubled last quarter, as demand for rides…
Lyft Shares Plunge on Weak Earnings Outlook Scott Marlette May 4, 2022 Lyft Inc. LYFT -2.35% said it would invest in the current quarter to ensure adequate driver supply and…
Dubai Deliveroo Drivers Protest Pay Cut in Rare Strike Scott Marlette May 3, 2022 Thousands of food-delivery drivers walked off the job in Dubai over the weekend to protest low pay and poor working conditions, a rare act of defiance in the…
Pentagon Taps Lyft’s Machine-Learning Chief Scott Marlette Apr 27, 2022 The Defense Department has named a Silicon Valley veteran to fast-track the development of artificial-intelligence capabilities to be…
Tech Investors Shouldn’t Fall for the Plot Twist Scott Marlette Mar 14, 2022 Shakespeare wrote that a rose by any other name would smell as sweet. He should have warned that it cuts both ways. Tech…
Uber Imposes New Customer Fees to Offset Gas Prices Scott Marlette Mar 12, 2022 Uber UBER 1.15% Technologies Inc. is imposing a temporary surcharge on U.S.…
Uber, Lyft Drivers Clash With Riders Over Face Masks as States Lift Mandates Scott Marlette Mar 10, 2022 Drivers for Uber UBER 2.47% Technologies Inc. and Lyft Inc. LYFT…
Uber Raises Quarterly Guidance on Delivery Growth, Ridership Recovery Scott Marlette Mar 7, 2022 Uber’s increase in guidance is driven…
Grab’s Stock Plunge Shows the Perils of SPAC Mergers Scott Marlette Mar 5, 2022 Grab Holdings Ltd. GRAB 2.44% , the Southeast Asian superapp that set a high watermark for SPAC mergers…
DoorDash to Bump Up Its Fees on Slow McDonald’s Restaurants Scott Marlette Feb 14, 2022 DoorDash Inc. DASH -2.86% will raise its fees on McDonald’s Corp.…