Lyft team gets $60M more; now it must prove ride-sharing can go global

Ride-sharing startup Lyft has closed a $60 million funding round led by venture firm Andreessen Horowitz, the company announced on its blog. It also confirmed raising $15M in October of 2012.

No, Uber is not raising a round at a $1B valuation

Uber CEO Travis Kalanick says a Reuters story is false, and the company is not raising a round.

Lyft and SideCar, beware! Uber storms the arena of ride-sharing

Uber founder Travis Kalanick declared his intention to roll out ride-sharing on the existing platform, posing a direct threat to companies like Lyft and SideCar that operate on a community ride-sharing model.

Disownership is the new normal: the rise of the shared economy (infographic)

Consumer attitudes and behaviors surrounding renting, borrowing, and leasing items, versus ownership, are shifting around the country, according to a study conducted by Sunrun and Harris Interactive.

Uber expands ‘uberverse’ with new Android, Blackberry, Windows apps

Uber's new app releases will help expand its user base and continue disrupting the taxi industry around the world.

Watch out, taxi cabs: Uber army growing to 800 strong

At SXSW, Uber CEO revealed the next stage of his battle plan: quadrupling the size of his staff in the next year, growing from 200 to 800 members, and continuing global expansion.

Hailo confirms its $30M round from Richard Branson, Union Square Ventures

Hailo, a mobile cab-hailing app, raised $30 million in its second round of funding and plans on opening its services in New York this month. It ill have fierce competition, however, from Uber.

Uber strikes deal with California regulators to expand into ride-sharing

Not to be outdone by its competition, Uber has reached an agreement with the California authorities.

A step forward for ride-sharing: California suspends fines against Lyft

Popular ride-sharing startup Lyft got a green light today to continue operating while the California Public Utilities Commission (CPUC) re-examines its policies.

Uber starts testing its on-demand taxi service in Asia

On-demand car service Uber has started testing out its business in Singapore, the first sign it will officially bring the service to Asia.

Uber releases its cabs service, Uber X, on San Francisco

Uber released its cabs service to all of San Francisco today, after testing the ride-sharing program for a number of months. The release comes soon after lawmakers targeted Uber and its competitors for having unsafe services.

Thanks to new legislation, UberTAXI expands to Washington D.C.

In the nation's capital, smartphones users can hail a DC cab, as well as one of Uber's sedans or SUVs.

Tech to get you home safe on New Year’s Eve

Nervous about getting home safe on the busiest night of the year, New Year's Eve? If you decide to forgo a traditional taxi cab, there are myriad options to choose from. But be warned, many of these novel ride-sharing services have already issued warnings that prices will be sky-high.

Taxi app Hailo is raising $30M to take on Uber in NYC

Watch out Uber, the cab hailing app Hailo is hot on your heels in New York City.

New York City approves controversial taxi e-hail pilot program

The New York City Taxi and Limousine Commission (TLC) today decided the temporary fate of forward-thinking startups such as Uber, Hailo, and GetTaxi looking to modernize the city’s taxi system.

At a meeting in New York this morning, the commission …

Fight the power! Ride-sharing startup Lyft rallies to fight legal charges

In the face of hefty citations, Lyft, the mobile app that lets you order a moustache-adorned car to pick you up in a matter of minutes, is rallying the San Francisco's tech scene to speak up in its defense.

Under new rules, Uber faces Chicago closure

The powers that be in Chicago have proposed new regulations that, if passed, would mean lights out for startup Uber and its mobile system for booking and paying for black car service.