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United Kingdom

Heather Somerville

Defunct startup Sidecar sues Uber: 'hell-bent on stifling competition'

11 Dec 2018

SAN FRANCISCO Defunct startup Sidecar Technologies Inc, which pioneered on-demand ride-hailing, is suing Uber Technologies Inc [UBER.UL], alleging it engaged in predatory pricing and anticompetitive practices that ultimately put Sidecar out of business.

Defunct startup Sidecar sues Uber: 'hell-bent on stifling competition'

11 Dec 2018

SAN FRANCISCO Defunct startup Sidecar Technologies Inc, which pioneered on-demand ride-hailing, is suing Uber Technologies Inc, alleging it engaged in predatory pricing and anticompetitive practices that ultimately put Sidecar out of business.

Defunct startup Sidecar sues Uber: 'hell-bent on stifling competition'

11 Dec 2018

SAN FRANCISCO, Dec 11 Defunct startup Sidecar Technologies Inc, which pioneered on-demand ride-hailing, is suing Uber Technologies Inc, alleging it engaged in predatory pricing and anticompetitive practices that ultimately put Sidecar out of business.

Uber's dominant size may rob smaller Lyft of its IPO oxygen

11 Dec 2018

Uber Technologies Inc [UBER.UL] and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector. | Video

Uber makes confidential filing for long-awaited IPO

08 Dec 2018

NEW YORK/SAN FRANCISCO, Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley. | Video

Ride-hail firm Lyft races to leave Uber behind in IPO chase

07 Dec 2018

Ride-hailing company Lyft Inc beat bigger rival Uber Technologies Inc [UBER.UL] in filing for an initial public offering (IPO) on Thursday, defying the recent market jitters and taking the lead on a string of billion-dollar-plus tech companies expected to join Wall Street next year. | Video

Uber plans smaller, more cautious self-driving car launch

06 Dec 2018

Uber Technologies Inc's is plotting the return of its self-driving cars, but the company known for its hard-charging style is taking a much more conservative approach as it tries to recover from a fatal accident that upended its autonomous vehicle program.

Airbnb had 'substantially more' than $1 billion in quarterly revenue

16 Nov 2018

SAN FRANCISCO Home-renting company Airbnb Inc said on Friday it had "substantially more" than $1 billion in revenue for the third quarter, marking its strongest quarter yet ahead of a widely anticipated initial public offering next year.

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