Latest News Updates From Natalie Lung

GovernmentBusinessTechnology

Uber One Subscription Billing Practices Spark FTC Lawsuit

The FTC claims the rideshare and delivery company hurt consumers through “deceptive billing and cancellation practices” as part of its flagship subscription service.

April 21, 2025
BusinessTechnologySafetyAutonomous

Lyft’s Driverless Rides Could Arrive as Soon as Summer

The company has been spending more time pitching its vision for the future of its gig-economy business model as it plays catch-up in offering autonomous rides.

March 20, 2025
BusinessTechnologyAutonomous

Lyft to Launch Mobileye Robotaxis in Dallas as Soon as 2026

Lyft will launch driverless rides with technology vendor and Intel spinoff Mobileye Global in Dallas as soon as 2026, building on a partnership that was first announced last November.

February 10, 2025
BusinessTechnologyLogistics

Uber Tests Price Lock Pass to Rival Lyft

Price-guarantee plans represent a potential new source of revenue for Uber, which said recently that a slowdown in U.S. rideshare bookings has been weighing on its core mobility unit.

January 28, 2025
GovernmentBusinessTechnology

Uber, Lyft Drivers May See Higher Wages Under NYC Plan

The city’s plan threatens to further weigh on demand for ridesharing in a key market for Uber and Lyft, which are both warning that costs will be passed through to consumers.

January 8, 2025
BusinessTechnologyAutonomous

Lyft Teams With Mobileye in Series of Autonomous Deals

Lyft announced three new partnerships with autonomous driving technology vendors, including Intel spinoff Mobileye, as it plays catch-up in offering driverless rides on its platform.

November 6, 2024
BusinessTechnology

Uber Proposes 6% Pay Cut for NYC Drivers

The company wants the city’s Taxi and Limousine Commission, which sets minimum driver pay, to reduce the per-mile rate in its driver pay formula by 6.1% to $1.277 from the current $1.360.

November 4, 2024
BusinessTechnologyLogistics

Uber Shares Slump on Muted Bookings in US Rides Business

Uber Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit. 

October 31, 2024
BusinessTechnologyAutonomous

Uber to Launch Driverless Rides With Waymo in Austin, Atlanta

Uber Technologies will be the sole supplier of driverless rides on Alphabet’s Waymo cars in Austin and Atlanta, a boost to the rideshare app’s ambitions in the autonomous vehicle arena.

September 13, 2024
BusinessTechnologyAutonomous

Uber Invests in Self-Driving Software Firm Wayve

Uber Technologies is making a strategic investment in U.K.-based autonomous driving software provider Wayve Technologies.

August 29, 2024