Uber

Uber's long-term business model is quite simple: Replace human drivers with a fleet of autonomous cars. Many have speculated this would be done, so Uber doesn't have to participate in any revenue-sharing agreement with its contracted drivers. The concept may seem far-fetched or too futuristic for...

As ridesharing startup Uber continues to grab market share from traditional taxi services, the disruptive app is starting to take its toll on taxi business infrastructure. The National Credit Union Administration (NCUA) has notified 94-year-old Melrose Credit Union that it has one month to...

It's no longer a secret that Twilio Inc (NYSE: TWLO) is one of the hottest stocks in the market. The company surged another 9 percent Monday, and sentiment surrounding the company continues to gain momentum after a positive earnings release. Some analysts have even called this the next Facebook...

It's very hard to find many success stories involving U.S. tech companies finding success in China. Alphabet Inc (NASDAQ: GOOG) and Google closed its search engine and left the country in 2010, Apple Inc. (NASDAQ: AAPL) is getting killed, and Facebook Inc (NASDAQ: FB) hasn't been given...

While the IPO market has been struggling recently, the market is starting to shift, however, and with the recent success of Twllio Inc(NYSE: TWLO)'s recent public offering we could see several new tech IPOs in the near future. The number of companies going public hit a 7-year low in Q1 of 2016,...

The ramifications of Uber's agreement to sell its Chinese business to rival Didi Chuxing could change the entire landscape of the "sharing economy." That is, if the deal ends up happening in the first place. According to Reuters, China's commerce ministry (Mofcom), could stand in the way of Uber's...

Uber was said to have been operating in China while racking in more than $1 billion in losses a year. On Monday, the company struck an agreement with China's equivalent to Uber, Didi Chuxing to sell its Chinese operation. According to Bloomberg's Shira Ovide, Uber's move to shed its...

Didi Chuxing, China's state operated taxi hailing service and rival to Uber, announced on Monday a move which effectively ends the rivalry between the two competing firms. The agreement was speculated by various media sources earlier in the day but Fortune's Erin Griffith tweeted what...

Car sharing programs, like Uber and Lyft, continue gaining in popularity. Meanwhile, bike sharing programs are flying under the radar, and one company in Detroit is looking to change that. Zak Pashak, a 36-year-old in Detroit, is overseeing a bicycle manufacturing facility he opened in 2013. At...

There’s no question that Uber and other ride-sharing companies have completely transformed the transportation business. However, the latest data from New York City’s Taxi & Limousine Commission (TLC) highlights just how rapidly these services are growing. According to the TLC, Uber...

If you’ve been to a grocery store at any point this decade, you may have noticed organic foods are incredibly popular. According to the Organic Trade Association, Americans spend over $43 billion on organic food each year. And in 2015, the number of organic businesses in the United States...

Shares of Hertz Global Holdings Inc (NYSE: HTZ) surged higher by more than 7 percent early Thursday morning after the company announced it has reached a rental deal with both Uber Technologies and Lyft — the two most popular ride sharing platform. Hertz announced in a press release it reached...

CNBC's "Mad Money" host Jim Cramer explained on Monday why he is a big fan of Twilio Inc (NYSE: TWLO) following its IPO last week. "Twilio has built a platform that is widely recognized as the gold standard for cloud based communications," Cramer said on Monday. Related Link: Twilio Is Soaring...

Cloud communications company Twilio (NYSE: TWLO) launched its IPO today and the market is reacting positively. The San Francisco-based company was to debut at $15 per share; the stock opened at $23.99 and was up over 86 percent on its first day of trading making it the best performing IPO of...