Missing Uber driver found alive in hospital after frantic search

Joshua Thiede, who was last seen driving out of his Los Angeles apartment on Feb. 11 while working for Lyft, was found alive and is currently in a local hospital, Fox Los Angeles reported. There is no other immediate information on Thiede’s condition. The Uber driver’s mother, Janet, said earlier

Missing Uber driver reportedly placed mysterious 911 call

A missing Uber driver in California called 911 after he vanished while working, police said. Joshua Thiede, who also drives for Lyft, was last seen the morning of Feb. 11 driving a black 2014 Nissan Altima in Los Angeles, CBS News reported. Thiede, 29, placed a call to 911 the

Waymo moves one step closer to officially launching

The race to launch America’s first autonomous ride-hailing service is heating up under the desert sun. Waymo put the heat on Uber and other rivals last month when it got the approval of Arizona authorities to operate as a Transportation Network Company, or TNC. Waymo, the self-driving car unit that

Waymo moves one step closer to officially launching

The race to launch America’s first autonomous ride-hailing service is heating up under the desert sun. Waymo put the heat on Uber and other rivals last month when it got the approval of Arizona authorities to operate as a Transportation Network Company, or TNC. Waymo, the self-driving car unit that

Tensions are rising between Uber and Lyft

The battle between Uber and Lyft is heating up, both on and off Big Apple streets. Three months after Lyft opened its first permanent office in the city, Uber is doubled down on its Gotham operation, signing a lease for its second Manhattan headquarters — a 35,000-square-foot space on

Lyft probes allegations that employees abused customer data

Lyft is investigating allegations that its employees misused customer information, the U.S. ride-hailing firm said on Thursday. A current or former Lyft employee alleged in an anonymous online post that Lyft employees had tracked rides taken by their romantic partners and pulled information about celebrities such as Facebook CEO

High school soccer coach accused of pimping teen girls

A high school soccer coach who also worked as a rideshare driver was arrested for human trafficking after a 17-year-old girl called police and said she was being sold for sex, authorities in California said. Elan Daniel Seagraves, 34, of Sacramento, was arrested on Christmas Day after the teen

Judge tosses taxi-medallion owners’ case to the curb

Two taxi-medallion owners can’t sue a city regulatory commission for failing to keep the yellow-cab industry profitable in the face of competition from Uber and Lyft, a Manhattan Supreme Court judge said in a ruling released Tuesday. Marcelino Hervias and William Guerra brought their case against the Taxi &

Softbank wants a 30 percent discount on Uber shares

Japan’s SoftBank Group is offering to purchase shares of Uber at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said. The investment, which was approved by the Uber board in October, would also trigger

Softbank wants a 30 percent discount on Uber shares

Japan’s SoftBank Group is offering to purchase shares of Uber at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said. The investment, which was approved by the Uber board in October, would also trigger

Uber plans to buy 24,000 Volvos to create a self-driving fleet

Uber plans to buy up to 24,000 self-driving cars from Volvo, marking its transition from an app used to summon a taxi to the owner and operator of a fleet of cars. The non-binding framework deal could offer San Francisco-based Uber a way to overcome setbacks at its autonomous

Lyft finally opens a permanent office in New York

Lyft is finally opening a permanent office in New York City. Uber’s smaller ride-hailing rival said it will be setting up shop in Manhattan’s Chelsea neighborhood at 245 West 17th St., with employees slated to begin moving in Tuesday. The new, 11,000-square-foot office, which has a capacity for more than

Google leads $1B investment in Lyft

Lyft announced on Thursday that it has raised $1 billion in a financing round lead by Capital G, the investing arm of Google-parent Alphabet. Capital G partner David Lawee is also joining Lyft’s board. The latest funding round puts the ride hailing company’s value at $11 billion. In the investment announcement, Lyft also

Google leads $1B investment in Lyft

Lyft announced on Thursday that it has raised $1 billion in a financing round lead by Capital G, the investing arm of Google-parent Alphabet. Capital G partner David Lawee is also joining Lyft’s board. The latest funding round puts the ride hailing company’s value at $11 billion. In the investment announcement, Lyft also

CIty Council weighs yellow cab bailouts, restrictions on Uber and Lyft

The City Council is weighing a major bailout of the yellow-cab industry, with possible restrictions and surcharges on rivals such as Uber and Lyft. Several dozen beleaguered taxi-medallion owners flocked to a council Transportation Committee hearing Monday to complain that the ride-share apps have caused a 90 percent drop in the

Alphabet may be in talks to invest $1B in Lyft

Alphabet is in discussions with Lyft about a possible investment in the ride-hailing company, potentially deepening an existing partnership between the two firms, a person familiar with the talks said on Thursday. An injection of support from one of Silicon Valley’s largest companies could be a boost to Lyft as the

FBI probes Uber for using software to interfere with rivals

It took just three days on the job for Uber’s new chief executive, Dara Khosrowshahi to get a feel of the bad old days. The FBI, according to a report on Friday, is investigating the ride-hail company for using a program — code-named “Hell” — that tracked drivers working for rival

FBI probes Uber for using software to interfere with rivals

The Federal Bureau of Investigation is probing whether Uber Technologies used software to illegally interfere with its competitors, the Wall Street Journal reported Friday. The investigation is focusing on an Uber program, internally known as “Hell,” that could track drivers working for rival service Lyft, the WSJ said, citing people familiar with

Softbank CEO hasn’t decided whether to back Uber or Lyft

SoftBank, a prolific investor in global technology startups, reported a sharp rise in quarterly profits and said it would be interested in parking funds in ride-hailing firms Uber or Lyft in the future. This is the first time Softbank has publicly indicated an interest in Uber, after having so far put

Softbank CEO hasn’t decided whether to back Uber or Lyft

SoftBank, a prolific investor in global technology startups, reported a sharp rise in quarterly profits and said it would be interested in parking funds in ride-hailing firms Uber or Lyft in the future. This is the first time Softbank has publicly indicated an interest in Uber, after having so far put

Lyft drivers pissed about messy Taco Bell partnership

Lyft drivers are in Taco Hell. The ride-sharing company and Taco Bell have teamed up for “Taco Mode” – allowing for passengers in Orange County, California, to enjoy a “ride-thru” stop at their local Taco Bell between 9 p.m. and 2 a.m. But Lyft drivers are fuming that the late-night double chalupa

Lyft announces its own fleet of driverless cars

There may be no need to tip you Lyft driver in Boston later this year — because there may no be a driver. The ride-hailing company said Friday it will introduce driverless cars to its Beantown fleet later this year — before expanding the program to other cities. Lyft had announced in

Lyft shares soar as Uber’s awful year continues

Uber’s disastrous year has been good for Lyft investors. San Francisco-based Lyft — a rival ride-hailing app that has largely sidestepped the scandals that have tarnished Uber’s reputation — has lately watched investors scramble for its privately traded shares, pushing secondary market prices to all-time highs. Investors are buying shares of Lyft’s

Jaguar Land Rover pumps $25 million into Lyft

Lyft drivers are getting an upgrade. The UK’s luxury-vehicle duo Jaguar Land Rover has invested $25 million in Lyft, the latest auto company to strike a deal with the Silicon Valley ride-hailing company. Under the agreement, the companies will collaborate on “mobility services”, including self-driving cars, and certain Lyft drivers will be

Jaguar Land Rover pumps $25 million into Lyft

Lyft drivers are getting an upgrade. The UK’s luxury-vehicle duo Jaguar Land Rover has invested $25 million in Lyft, the latest auto company to strike a deal with the Silicon Valley ride-hailing company. Under the agreement, the companies will collaborate on “mobility services”, including self-driving cars, and certain Lyft drivers will be

NYC’s yellow cabs are adding a carpooling option

Carpooling is coming to New York City’s yellow cabs. A pair of local ride-sharing apps is teaming up to give customers a 40-percent discount metered taxi fares for rides they’re willing to share with another passenger. To make it happen, Curb — a ride-hailing app operated by Verifone that’s used by roughly