Car-sharing startup RelayRides halts NYC service after cease and desist

Sometimes regulation puts the brakes on innovation. Now car-sharing startup RelayRides has suspended its service in New York City after being served with a cease-and-desist letter.

Flightcar gets $5.5M so you can make money and avoid long-term parking fees

Flightcar will not only give you free parking at the airport, but will pay you to rent out your car while you're gone. The company got $5.5 million in its first round of funding today.

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.

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.

Law firm may put the brakes on Avis-Zipcar deal for undervaluing stock

News that Avis Budget Group plans to buy top car sharing network Zipcar for $500 million opened some eyes this morning. But the deal could have some trouble going through, with a law firm announcing it is investigating whether Zipcar didn't get the best deal possible.

Car rental biz Avis to acquire Zipcar for $500M cash

Rental car giant Avis Budget Group has agreed to buy car sharing network Zipcar for $500 million in cash.

Lyft’s fleet of moustache-adorned cars making their way to Seattle and L.A.

Lyft, the mobile app that lets you order a moustache-adorned car in minutes, is expanding its service to new cities, including Seattle and Los Angeles.

Marissa Mayer and Menlo Ventures invest $13.9M in Getaround

Getaround, the car-sharing marketplace that makes it dead easy to take a spin in a stranger’s car, has pulled in $13.9 million in first round funding from an all-star cast of investors: Menlo Ventures’ Shervin Pishevar, Eric Schmidt’s Innovation Endeavors, …

CrunchFund invests in Getaround’s $3.4M seed round

Car sharing website Getaround announced a large seed round of $3.4 million today from a number of investors including the recently publicized CrunchFund.

People are loving the “what’s mine is yours” mentality stemming out of popular companies like HomeAway, Airbnb, …