Uber | Page 10

According to reports, not enough people were using Lyft's carpool service to make it worthwhile.

The $84 million payout agreed in April fell far short of the drivers' claims, a federal judge ruled.

Self-driving trucks are just the beginning of the road revolution.

The ride-sharing service will start operating self-driving cars this month.

Volvo has agreed to a $300 million alliance with Uber to develop self-driving cars.

In recent months, the regulator has provided more detail including that drivers should have English reading and writing skills.

Last week, Didi Chuxing bagged Uber's China business in a deal valuing the ride-hailing startup at $35 billion.

Seattle last year became the first U.S. city to pass a law giving drivers for ride-hailing apps, as well as taxi and for-hire drivers, the right to collectively negotiate on pay and working conditions.

The truce will quell investor fears about China's being a continued source of massive losses as Uber wages an uphill and losing battle there.

Uber won't dominate the Chinese market but it keeps a significant share in the biggest ride-hailing app in the world's largest market.

The two companies on Monday confirmed the sale of Uber China to its bigger rival, ending a two-year, money-losing effort to break into one of the world's toughest markets.

China last week issued guidelines that establish a long-awaited framework for the booming ride-hailing industry and remove uncertainty for firms such as Didi and Uber.

Uber is rethinking its reliance on Google Maps.

Unlike U.S.-based ride hailing startup Uber, which established itself to compete against taxi companies, the new company will operate using taxi firms.

Seattle last year became the first U.S. city to pass a law giving drivers for ride-hailing apps, as well as taxi and for-hire drivers, the right to collectively negotiate on pay and working conditions.

Turning to the leveraged loan market, which was previously exclusive to more established companies, allows Uber to take advantage of historically low interest rates while keeping venture capital backers happy by not further diluting their equity.

urning to the leveraged loan market, which was previously exclusive to more established companies, allows Uber to take advantage of historically low interest rates while keeping venture capital backers happy by not further diluting their equity

With these deals Uber and Lyft drivers will be able to rent Hertz vehicles for longer periods such as several weeks or months.

According to proposals for Columbus, Ohio, public transportation subsidies would instead be handed to ride-sharing services.

Rival ride services Uber and Lyft have settled high stakes litigation involving two of their top executives, court filings show, in advance of a trial that could have aired sensitive details about both companies.

Upfront fares are currently rolling out to an number of U.S. cities, though Uber didn't detail a timeline for how long it would take all riders to benefit from the new tweak.