Nivedita Balu

Ride-hailing firm Lyft Inc on Thursday forecast an adjusted operating profit of $1 billion for 2024 after reporting record earnings for the second quarter, betting on strength in the rideshare market as it rebounds from pandemic lows.

Uber Technologies Inc reported positive quarterly cash flow for the first time ever on Tuesday and forecast third-quarter operating profit above estimates, as more people rely on its services for transport and food delivery.

The food-delivery business that kept Uber Technologies' earnings afloat during the peak of the pandemic is expected to show signs of strain in second-quarter results due on Tuesday as decades-high inflation crimps consumer spending.

When Duana Malcolm had her blue Hyundai Sonata sedan 'wrapped' as a mobile advertising board, the part-time delivery driver did not expect to make an extra $200 per month.

When Duana Malcolm had her blue Hyundai Sonata sedan 'wrapped' as a mobile advertising board, the part-time delivery driver did not expect to make as much as $200 a month.

Shopify Inc has launched new tools to help its merchants sell to other businesses and on Twitter, as the Canadian tech giant attempts to shore up sales to counter a post-pandemic slowdown in online shopping.

Coinbase Global Inc will cut about 1,100 jobs, or 18% of its workforce, the cryptocurrency exchange said on Tuesday, the latest company preparing to ride out a downturn in the cryptosphere.

Elon Musk warned Twitter Inc on Monday that he might walk away from his $44 billion deal to acquire the social media company if it fails to provide the data on spam and fake accounts that he seeks.

Elon Musk on Monday warned that he might walk away from his $44 billion offer to acquire Twitter Inc if the social media network failed to provide data on spam and fake accounts.

Sheryl Sandberg's exit from Meta Platforms Inc comes at a crucial time for the Facebook parent as it pivots to "metaverse" in the face of slowing ad revenue, although Wall Street analysts say her departure will not be as significant.

Grab Holdings Ltd, Southeast Asia's No. 1 ride-hailing and food delivery firm, on Thursday forecast a rebound in its rideshare and food delivery businesses as economies recover from a pandemic-led slump, sending its U.S.-listed shares surging 32%.

Apple Inc investors have for years cheered investments to expand its supply chain to meet feverish global demand for iPhone and MacBooks.

Elon Musk on Thursday said he has lined up $46.5 billion in debt and equity financing to buy Twitter Inc and is considering taking his offer directly to shareholders, a filing with U.S.

Twitter Inc said on Tuesday it will offer Elon Musk a seat on its board of directors, a position the Tesla boss and entrepreneur plans to use to bring about significant improvements at the social media site after disclosing a sizeable holding.

Tesla Inc boss Elon Musk vowed "significant" improvements at Twitter Inc on Tuesday, after the micro-blogging site announced plans to name him to the board.

Tesla Inc boss Elon Musk on Monday disclosed a 9.2% stake in Twitter Inc, worth nearly $3 billion, making him the micro-blogging site's largest shareholder and triggering a rise of more than 27% in the company's shares.

Tesla Inc boss Elon Musk on Monday disclosed a 9.2% stake in Twitter Inc, worth nearly $3 billion, making him the micro-blogging site's largest shareholder and triggering a rise of more than 27% in the company's shares.

Shares in Grab tumbled 37% on Thursday after Southeast Asia's no.

Leonardo DiCaprio-backed Polestar's ad taking a potshot at rivals Tesla and Volkswagen topped the list of the most popular commercials during Super Bowl LVI, new data on Monday showed.

Walt Disney World workers have reached a tentative agreement with parent Walt Disney Co (DIS.N) regarding wages, union body International Brotherhood of Teamsters said on Friday.