Barclays Plc appears to be positioning itself for the record number of tech IPOs scheduled for take off this year. Barclays Plc has hired Riaz Ladhabhoy, an investment banker from Deutsche Bank to be its co-head of internet banking in… Read More ›
Lyft
SoftBank’s CEO interested in investing in Lyft and in Uber Technologies
Although he has evinced an interest, the matter is still open to a final call. Masayoshi Son, the CEO of the SoftBank Group, has disclosed he is interested in investing in ride-hailing firms Lyft and Uber Technologies. However he has… Read More ›
Lyft enters into a joint collaboration with Google’s Waymo
This has implication for Uber, currently the world’s largest ride sharing company. The New York Times has reported, Waymo and Lyft Inc have signed a collaboration agreement to bring autonomous vehicle technology into the mainstream. The collaboration between the U.S…. Read More ›
Uber’s smartphone app could use be updated with a tipping feature
Lyft drivers have earned more than $200 million in tips since the company’s founding. If New York City’s taxi regulators have their way, Uber Technologies Inc may be forced to provide passengers a way to tip their drivers despite its… Read More ›
BMW to offers its fleets of premium self-driving cars for ride-hailing services
In 2017, BMW will test its autonomous vehicles in Munich with a fleet of 40 vehicles. It will then gradually expand it to other cities as well. Although its cars will have self-driving capacity, they will be manned by a… Read More ›