Unlike Uber, Lyft has been tight-lipped about just how bad its rides business has been hurt — and it doesn't have a food-delivery arm to ease losses.
By leveraging smartphones, online marketplaces, and cheap access to technology, startups like Uber and Shopify became the talk of the town.
Pichai's salary will increase to $2 million, plus millions more in stock, some tied to the company's performance.
Lyft CEO Logan Green says the company tried to slow down its aggressive discounts recently, but had to stop since Uber didn't follow.
New filings just detailed the biggest stock purchases and sales from billionaire fund managers in the third quarter.
"I don't see a happy ending to this," said Vincent Deluard, the director of global macro strategy at INTL FCStone.
The company’s employee lockup period was expected to lift, raising concerns about a potential rush to sell its stock.
WeWork's problems go well beyond CEO Adam Neumann. Namely, its basic business model doesn't work and needs to be overhauled.
Masayoshi Son is the founder and CEO of Japanese holding company SoftBank, which invests millions in some of Silicon Valley's biggest tech companies.
Two of SoftBank's biggest investments are struggling to find favor with public investors. But its next big fund is likely still on track.
The car-news site Jalopnik asked Uber and Lyft drivers to send in their receipts in an effort to analyze how big of a cut the companies take.
The business stories you need to read this week, covering the latest on big deals of the past few days, Google Cloud, and Ancestry DNA.
The Securities and Exchange Commission filing provides the first in-depth look at WeWork's financial results.
The Securities and Exchange Commission filing provides the first in-depth look at WeWork's financial results.
Thomas Ranese's appointment comes on the heels of Uber laying off 400 employees from its global marketing team at the end of July.
Those remarks came from Bradley Tusk, the company's first political strategist who invested in the company in 2011, told CNBC on Monday.
In July, Uber surprised 400 marketing employees with mass layoffs. Now, it's halting hiring for tech roles in the US
Shares plummeted last week following a quarterly report that fell short of investor expectations last week. The sell-off continued through Monday.
Some of Uber's earliest employees are still at the company while others, such as Travis Kalanick and Oscar Salazar, have moved on to pursue other ventures.
From not turning a profit, to being beat by competitors on self-driving cars, here's what's keeping Wall Street analysts up at night.