Bird scooters introduced a new service on Tuesday it’s calling “monthly personal rentals.” The idea is to sign people up for $25 monthly plans and they can scoot all they want during that time. The company will just drop off a scooter wherever you are and then pick it back up when you’re done. “Renting …

Uber has come a long way since its days of “Boob-er” — the infamous nickname co-founder and former CEO Travis Kalanick gave himself because his role at the company helped him score women.  The San Francisco-based company appears all grown up now.  In mid-April, Uber publicly filed with the US Securities and Exchange Commission for an initial public offering that could …

When Lyft went public last month, its first day of trading was strong, with its share price closing at $78.29. That’s $6.29 higher than its preopen share price of $72.  Then things took a turn. By day two, the ride-hailing company’s share price fell to $69.01. It’s been on a downhill slide ever since. As of Thursday’s close, Lyft’s share …

San Francisco is allowing the number of electric scooters in the city to double from 1,250 to 2,500, the San Francisco Municipal Transportation Agency said Monday. To expand their fleets, scooter companies will first have to comply with several requirements, including increasing equitable access with more low-income riders and making sure all scooters have a lock. It’s been six months …

Uber, the highest valued private company in the world, just filed to go public. The San Francisco-based ride-hailing company filed with the US Securities and Exchange Commission on Thursday for its initial public offering. It reportedly plans to sell about $10 billion worth of stock, which would make it one of the largest US tech IPOs ever coming in at an …

Lyft has come a long way since its days of fist bumps and pink mustaches.  After its highly anticipated initial public offering, the San Francisco-based ride-hailing company began publicly trading late Friday morning with a preopen share price set at $72. It quickly jumped roughly 20 percent to $85.91 in trading around 9 a.m. PT, before closing at $78.29, up …

Uber is strengthening its reach in the Middle East. The ride-hailing giant on Tuesday said it’ll acquire its Middle East competitor Careem for $3.1 billion — Uber’s largest acquisition to date. The buyout is expected to be completed in the beginning of 2020, though it’s still subject to regulatory approval. “This is an important moment for Uber as we continue …

Apple is moving deeper into online gaming. The tech giant announced Monday that it’ll offer a gaming subscription service through its App Store called Apple Arcade. “With a single subscription you’ll get access to over 100 new and exclusive games,” Ann Thai, senior product manager for the App Store, said during an event at Apple’s Steve Jobs Theater in Cupertino, …

Lyft is the first US ride-hailing company to be heading to the stock market. Filing with the US Securities and Exchange Commission for its initial public offering on March 1, Lyft said it plans to “revolutionize transportation” and be the “defining brand of our generation.” When the company goes public, Lyft said it plans to set its share price between $62 and …

Uber has offered to pay $20 million to settle a lawsuit brought by its drivers, according to court documents filed late Monday night. If the judge in the case accepts the proposal, the settlement would bring to a close one of the company’s longest running court battles. It would also maintain Uber’s current classification of its drivers as independent contractors …