Is Revel’s decision to exit the rideshare business a sign of weakness, or a shrewd business move?

Revel’s distinctive light blue electric cars will soon disappear from the streets of New York. The company has decided to end its rideshare service in order to focus on expanding its network of EV charging stations. The company says it’s making the move for the same reason it retired its iconic blue electric scooters in… Continue reading Is Revel’s decision to exit the rideshare business a sign of weakness, or a shrewd business move?

STATEMENT FROM BRADLEY TUSK IN RESPONSE TO LYFT’S ANNOUNCEMENT THAT IT WILL IMPLEMENT AGE VERIFICATION FOR ELECTRIC CITI BIKE RIDERS

NEW YORK, Aug. 17, 2025 /PRNewswire/ — In response to Lyft announcing that it will begin implementing age verification to ensure electric Citi Bike riders are 16 or older, Tusk Philanthropies, who developed and led the effort to bring about this change — including creating the initial idea, authoring a recent op-ed in the Daily News calling… Continue reading STATEMENT FROM BRADLEY TUSK IN RESPONSE TO LYFT’S ANNOUNCEMENT THAT IT WILL IMPLEMENT AGE VERIFICATION FOR ELECTRIC CITI BIKE RIDERS

College Students Driving for Uber & Lyft Face Insurance Coverage Gap

A new analysis reveals that as 40% of college students turn to Uber, Lyft and delivery services, they unknowingly face insurance coverage gaps, potentially bankrupting families.  LOS ANGELES, Aug. 12, 2025 /PRNewswire/ — As college students nationwide head back to campus this month, a hidden financial crisis is brewing that could devastate families: millions of… Continue reading College Students Driving for Uber & Lyft Face Insurance Coverage Gap

Tesla Robotaxi scores permit to run ride-hailing service in Texas

In an aerial view, the Tesla headquarters is seen in Austin, Texas, on July 24, 2025. Brandon Bell | Getty Images Tesla has been granted a permit to run a ride-hailing business in Texas, allowing the electric vehicle maker to compete against companies including Uber and Lyft. Tesla Robotaxi LLC is licensed to operate a… Continue reading Tesla Robotaxi scores permit to run ride-hailing service in Texas

Mobility as a Service Market to Grow at a CAGR of 21.9% from 2025 to 2032 | SkyQuest Technology Consulting

The mobility as a service market is anticipated to increase due to rapid urbanization has intensified traffic congestion and environmental concerns, especially in densely populated cities. Governments and urban planners are promoting mobility as a service to reduce car ownership and traffic flow. WESTFORD, Mass., Aug. 5, 2025 /PRNewswire/ — SkyQuest Technology Consulting published a… Continue reading Mobility as a Service Market to Grow at a CAGR of 21.9% from 2025 to 2032 | SkyQuest Technology Consulting

Uber beats on revenue, announces $20 billion stock buyback

watch now Uber reported second-quarter results on Wednesday that beat on revenue and announced the authorization of a $20 billion stock buyback. Here’s how the company did versus analysts’ estimates compiled by LSEG: Earnings per share: 63 cents vs. 63 cents expected. Revenue: $12.65 billion vs. $12.46 billion expected. Here are the key segment numbers: Mobility (gross bookings): $23.76 billion, up… Continue reading Uber beats on revenue, announces $20 billion stock buyback

U.S. Robo Taxi Market Analysis Report 2025-2030, with Profiles of Waymo, Cruise, Tesla, Aptiv, Uber Technologies, Lyft, Zoox, Aurora Operations, Nuro, and Gatik

Company Logo Explore the booming U.S. Robo Taxi Market, projected to grow at a 74.6% CAGR from 2025-2030. Fueled by urban policies and innovation from tech giants like Waymo and Uber, the market thrives on autonomy and affordability. Discover trends in the latest report on market growth, competitive strategies, and more. Dublin, Aug. 06, 2025… Continue reading U.S. Robo Taxi Market Analysis Report 2025-2030, with Profiles of Waymo, Cruise, Tesla, Aptiv, Uber Technologies, Lyft, Zoox, Aurora Operations, Nuro, and Gatik

Mobility as a Service Market to Grow at a CAGR of 21.9% from 2025 to 2032 | SkyQuest Technology Consulting

The mobility as a service market is anticipated to increase due to rapid urbanization has intensified traffic congestion and environmental concerns, especially in densely populated cities. Governments and urban planners are promoting mobility as a service to reduce car ownership and traffic flow. WESTFORD, Mass., Aug. 5, 2025 /PRNewswire/ — SkyQuest Technology Consulting published a… Continue reading Mobility as a Service Market to Grow at a CAGR of 21.9% from 2025 to 2032 | SkyQuest Technology Consulting

Baidu plans to expand its robotaxis to Europe with Lyft deal

Cheng Xin | Getty Images Baidu will bring its driverless taxis to Europe next year via a partnership with U.S. ridehailing firm Lyft, as the Chinese tech giant looks to expand its autonomous vehicles globally. The robotaxis will initially be deployed in the U.K. and Germany from 2026 with the aim to have “thousands” of… Continue reading Baidu plans to expand its robotaxis to Europe with Lyft deal