Latest Ridesharing Headlines

All the headlines from our Ridesharing Topic Page, ordered by recency.

Investors Sue Lyft, Alleging IPO ‘Overhyped’

Apr 18 2019 // Lyft Inc. was sued by investors who claim the ride-sharing company overstated its market position when it went public last month, leading to a dramatic plunge in its stock price.Two separate class-action complaints against...

Brake Complaints Cause Lyft to Replace 3,000 Electric Bikes in 3 Cities

Apr 15 2019 // Lyft Inc. is removing several thousand electric bikes from service in its bike-share program in New York, Washington and San Francisco because of a braking problem, the ride-hailing company said on Sunday.“We...

Why Uber ‘Depends Heavily’ on Insurance

Apr 15 2019 // Uber Technologies Inc., on its way to an initial public offering that some media reports say could raise $10 billion, might not be in the position it is in without insurance.“Our business depends heavily on insurance...

Americans Still Don’t Trust Autonomous Vehicles, Reuters Poll Shows

Apr 15 2019 // Half of U.S. adults think automated vehicles are more dangerous than traditional vehicles operated by people, while nearly two-thirds said they would not buy a fully autonomous vehicle, according to a new Reuters/Ipsos...

Sponsor of S.C. Bill Requiring Lighted Uber Signs Say Just First Safety Step

Apr 12 2019 // A lawmaker sponsoring a bill in South Carolina requiring Uber, Lyft and other ride sharing drivers to have a lighted sign said he knows it isn’t a foolproof way to keep riders safe.But Rep. Seth Rose said it is an...

SoftBank’s Maneuvers Reflect Expanded U.S. Scrutiny of Foreign Investors

Apr 12 2019 // SoftBank Group Corp. has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make other concessions to get government clearance for its technology deals in the United...

Uber, Before IPO, Joins Others in Adjusting Timeline for Driverless Cars

Apr 9 2019 // Uber Technologies Inc. expects it will be a long time before one of its biggest investments, self-driving cars, is ready for wide-scale deployment, a senior scientist said on Monday, as the ride-sharing firm gears up to go...

Americans Still Don’t Trust Autonomous Vehicles: Reuters/Ipsos Poll

Apr 2 2019 // Half of U.S. adults think automated vehicles are more dangerous than traditional vehicles operated by people, while nearly two-thirds said they would not buy a fully autonomous vehicle, according to a new Reuters/Ipsos...

Uber Wins Dismissal of Investor Suit Over Acquisition of Truck Firm Otto

Apr 2 2019 // Travis Kalanick, the co-founder of ride-hailing company Uber, and the company’s directors won the dismissal of an investor lawsuit that sought to hold them liable for a fight over trade secrets that slowed...

IPO-Bound Lyft Tells Investors Lowering Insurance Costs Is Priority

Mar 21 2019 // Lyft Inc. executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company’s initial public...

No Criminal Liability for Uber in Fatal 2018 Arizona Self-Driving Car Crash

Mar 18 2019 // Uber Technologies Inc. is not criminally liable in a March 2018 crash in Tempe, Ariz., in which one of the company’s self-driving cars struck and killed a pedestrian, prosecutors said earlier this month.The Yavapai...

As It Prepares IPO, Uber Settles Driver Classification Disputes for $20 Million

Mar 13 2019 // Uber Technologies Inc. will pay $20 million to settle California lawsuits challenging the company’s classification of drivers as independent contractors, and not employees owed the benefits of traditional...

Uber Paying $20M to Settle Long-Running Legal Battle With Drivers

Mar 12 2019 // Uber Technologies Inc. has agreed to pay $20 million to settle a lawsuit brought by drivers nearly six years ago, according to court filings, resolving one of its many legal battles with drivers ahead of a hotly...

Turning Sharing Into a Sales Pitch for Pricier New Cars

Mar 11 2019 // The ability to rent his car to strangers for cash convinced Trevor Davis, a high-school teacher in Dallas, to buy a brand-new Honda Civic instead of a used car. “I was going to get something real cheap, an...

No Criminal Liability for Uber in Fatal 2018 Arizona Self-Driving Car Crash

Mar 6 2019 // Uber Technologies Inc. is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company’s self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday.The Yavapai County...

Carmakers on Mobility Utopia: ‘Show Us the Money’

Mar 5 2019 // Jim Hackett’s first job at Ford Motor Co. was to figure out ways to make money that didn’t involve selling cars. One of his first big decisions as the executive in charge of smart mobility, a catch-all term for...

Lyft, Uber Shift Some Risk to Captive Insurers

Mar 4 2019 // Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks of managing millions of drivers on the road: Creating their own insurers in Hawaii.On Friday, Lyft...

5 Reasons Autonomous Cars Won’t Be Available Anytime Soon

Feb 18 2019 // In the world of autonomous vehicles, Pittsburgh and Silicon Valley are bustling hubs of development and testing. But ask those involved in self-driving vehicles when they might actually be seen carrying passengers in every...

Uber’s London License Faces New Legal Challenge as Cab Drivers Fight Back

Feb 13 2019 // Months after Uber Technologies Inc. won a reprieve in a high-stakes battle over its operations in the U.K. capital, its London license is back in question.United Cabbies Group, which represents taxi drivers in the capital,...

Uber Faces $1.3B Tax Suit in UK from Lawyer Who Won Major Brexit Ruling

Feb 7 2019 // The lawyer who spearheaded a landmark court case — which ended with the European Union’s top court ruling that the U.K. can unilaterally reverse Brexit — appeared in court Wednesday for a fresh battle,...