Uber losses top $1.2 billion in 2016

Uber losses top $1.2 billion in 2016

A few weeks ago, Uber threw in the towel in the China, agreeing to be bought out by Didi Chuxing, the home-grown ride-hail company that dominates the country. Now we have a better idea of what may have prompted the move: Uber reportedly posted a jaw-dropping loss of...

Autonomous car project may be driving Apple R&D spending

Could the development of an autonomous vehicle finally lead Apple to narrow the gap in research-and-development spending with Google? It looks like it, at least based on the companies’ latest quarterly filings, especially as execs at Alphabet — Google’s recently...
Lyft rolls out add-a-stop feature

Lyft rolls out add-a-stop feature

It’s a familiar experience for ride-hailing drivers: a group of passengers get picked up from a bar, and each one wants to go home to a different place. Or a guy needs to make a last-minute stop at the flower shop on the way to an anniversary dinner with his...