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Uber News

Investors are tired of Uber losing money on self-driving cars

Uber’s self-driving car has been touted as the thing that’s going to eventually take the ride-sharing company out of the red and into the cheap, ubiquitous mass-transit future that it’s been promising. Unfortunately >>

NYC votes to cap Uber and Lyft vehicles

The New York City Council voted Wednesday to set a cap on the number of ride-hailing vehicles in the city, a move that will see Uber and Lyft’s growth curtailed. No new licenses >>

Would you take $550 a month from Lyft to ditch your car?

Uber and Lyft have famously destroyed the taxi industry by enabling anyone with a not-too-beat-up Toyota Corolla to start carrying passengers for money. But it’s also no secret that down the line, both >>