Tag: Uber

Stocks broadly fall as Nasdaq dips modestly, SaaS gains on the day

The technology industry’s central role in an American economy shaped by attempts to mitigate the spread of COVID-19 is being reflected in how investors are approaching markets in these turbulent times. As the broader economy stumbles, technology companies and the major exchange they call home seem to be somewhat more…

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Uber, Ola suspend all rides in New Delhi

Uber and Ola have suspended all ride options in New Delhi till March 31, days after temporarily discontinuing shared ride options across the country in a bid to slow the coronavirus pandemic. The firms said the suspension of their services in India’s capital was in compliance with the local state…

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Lyft to offer medical supply and meal delivery during coronavirus pandemic

Lyft is expanding the types of services it provides through its on-demand transportation network in an effort to boost efforts to deal with the ongoing COVID-19 pandemic. The company announced that it will be offering delivery of critical medical supplies to individuals who need them during this time, including the…

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Uber Eats UK waives fees during the coronavirus crisis

Uber Eats is waiving delivery and activations fees in the UK to support restaurants hit by decreasing demand during the coronavirus crisis. The measure will apply until March 31 when it says it will review it. On Monday the on-demand food delivery giant announced a similar waiver of delivery fees…

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Ola suspends shared ride option in India

Ride-hailing giant Ola said on Friday evening that it is temporarily suspending pool rides on its platform, called Ola Share, in India in a bid to slow the coronavirus pandemic by encouraging social distancing. The Indian firm, which operates in several countries including Australia, New Zealand, and the UK, offers…

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Waymo suspends all self-driving services in light of coronavirus pandemic

Waymo has extended the partial suspension of its autonomous vehicle service pilots to include fully driverless vehicle testing, the company confirmed on Friday. While Alphabet-owned Waymo had already stopped operation of the autonomous driving vehicles in its fleet that have safety drivers on board, in the interest of minimizing the…

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