Lyft

Last week, a deal was confirmed between the ride-hailing service Lyft and autonomous car company Waymo (parent company, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)). While the companies are keeping hush on details, each offered statements confirming the deal. “We’re looking forward to...

The race toward building a fully functioning large-scale fleet of autonomous vehicles intensified this week after Lyft struck a new partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Waymo unit. The question on many investors' minds after the announcement is what impact, if any, this...

Uber's biggest competitor, Lyft, just scored a big partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) to explore self-driving cars. As part of the new relationship, Lyft will partner with Alphabet's Waymo unit to explore self-driving pilots as both companies are looking to accelerate...

Kimberly Trautmann says Uber Technologies, Inc. vs Lyft, Inc. is the most dynamic clash of competitors since the cola wars took root more than a century ago. “It is the best example of competitive dynamics since Coke [The Coca-Cola Co (NYSE: KO)] and Pepsi [PepsiCo, Inc. (NYSE: PEP)],”...

Brian Singerman, a general partner at Founders Fund, was ranked fifth on the Forbes annual Midas List, which is a ranking of the top venture capitalists. Among some of the fund's holdings include Facebook Inc (NASDAQ: FB) and privately held Spotify, Lyft, Airbnb, SpaceX and Palantir. Speaking...

The Silicon Valley growth story may soon be coming to an abrupt end. According to Global Equities Research analyst Trip Chowdhry, the recent economic slump in San Jose and Oakland is a sign that the Silicon Valley bubble is bursting. What's Going On In Silicon? The Bay Area lost 4,400 jobs in...

After a lull in 2016, the IPO market has gotten off to a solid start this year. Snap Inc (NYSE: SNAP) set the ball rolling for a potentially productive year, with its 200 million share offering. Many other high profile names such as Uber, Spotify, Lyft, Airbnb and Dropbox are expected to follow...

Lyft, which has been a customer of Twilio Inc (NYSE: TWLO), has added Nexmo as a potential alternative CPaaS [Communications Platform as a Service] provider for its SMS, voice and phone number needs, and may use multiple vendors, William Blair’s Bhavan Suri said in a report. Maintaining an...

Ride sharing services are among the disruptive technologies the automotive sector has come to adopt. This service is pitched as a replacement for car ownership and at the same time offer personalized transportation service. The potential, the opportunity flaunts, is there for everybody to see and...

Nordstrom, Inc. (NYSE: JWN) has become the latest company to cut ties with the Trump brand by axing President Donald Trump’s daughter Ivanka’s line of women’s clothing, shoes and handbags. The decision comes amid a flurry of controversy over Trump’s travel ban on seven...

It is the battle of tradition versus the modern, which possess disruptive potential. Traditional automakers such as General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), Fiat Chrysler Automobiles NV (NYSE: FCAU) and Toyota Motor Corp (ADR) (NYSE: TM) are facing stiff...

Lyft, despite its opposition to President Donald Trump’s immigration order, should actually thank the president as the order is helping Lyft to beat arch rival Uber, whose PR mishap over the issue is triggering customer migrations to Lyft. Last weekend, Trump signed an executive order...

If you order your groceries online, you are likely part of the small minority of households. But within 10 years, the majority of households will in fact be placing orders for groceries online. CNBC, citing a report from the Digitally Engaged Food Shopper, reported that around 25 percent of...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is ringing in the new year with a great new addition to Google Maps, allowing users to book an Uber or Lyft directly through Maps. According to Google's blog post, when opening the updated version of Google Maps under the ride-sharing tab, users will be...

On Tuesday, General Motors Company (NYSE: GM) said it expects 2017 diluted EPS guidance to increase to $6.00-$6.50, higher than the $5.83 average analysts had expected. In addition, the company expects to maintain or improve EBIT-adjusted margins in the coming year. GM management shared the...