
Ofo is backpedaling—fast.

Ofo is backpedaling—fast.

Amazon Prime Day is on.

Amazon’s fourth run of Prime Day, its self-branded shopping holiday, kicks off next week on July 16. There will be a lot of deals, which you can peruse through many exhaustive lists compiled by various media outlets.

Uber has laid off its self-driving car operators in Pittsburgh as the company rethinks its autonomous vehicle strategy following a fatal crash in Tempe, Arizona, earlier this year.

The newest scooter unicorn is Lime, which Monday (July 9) announced $335 million in new funding at a $1.1 billion valuation.

Who would have thought that Xiaomi, the so-called Apple of China, would have a breakout hit in the US with electric scooters?

The doors of the last Toys R Us store had barely closed before Amazon made plans to capitalize on its demise.

MoviePass is rolling out peak pricing, its own version of surge pricing that will charge customers more to see popular movies during what the company considers “high demand” times.

“For the 60 percent-plus of all New York City drivers who are full-time drivers—and who provide 80 percent of all rides—work hours are not flexible,” begins a recent report on the earnings of ride-hail drivers, thus neatly dispensing with the myth that Uber drivers in New York can be their own boss and work their own schedule.

Lyft is moving beyond car rides with a deal to buy Motivate, one of the largest operators of bike-sharing programs in the US, the companies said today. The deal price wasn’t disclosed, though it was previously rumored to be worth around $250 million (metered paywall).

Earlier this week, shared-office-space company WeWork packed at least 100 people into its New York headquarters to discuss its impact on the city’s real estate market, and its interest in collaborating with landlords. The attendees, mostly men in suits, milled about to Breakbot’s “Baby I’m Yours” near a breakfast buffet featuring oatmeal, avocado toast, and two kinds of fruit water.

Electric-scooter startup Bird has raised $300 million in new funding led by Sequoia, the company confirmed today.

Amazon’s plan to push deeper into healthcare by acquiring PillPack, a prescription-management startup, has rattled the markets.

Amazon is pushing further into pharmacy with a deal to acquire prescription-management service PillPack. Terms of the June 28 deal were not disclosed.

Uber will get its license back in London after a six-months appeals process.

Shares of large internet sellers tumbled in midday trading on June 21 after the US Supreme Court said those merchants could be required to collect sales tax in US states where they don’t have a physical presence.

Good things come to those who wait for their Uber.

Electric scooter startup Bird is the fastest company to reach a valuation of $1 billion.

Tesla is cutting 9% of its workforce as it races toward profitability, chief executive Elon Musk said Tuesday (June 12).

A single photo on Angela Merkel’s Instagram says everything you need to know about this weekend’s G7 summit in Canada.

Amazon and Whole Foods are about to shake up the US seltzer market.

Have you heard about the gig economy? It’s the future of work. The conventional 9-to-5 job is dying out, replaced by a system where workers rush to on-call jobs summoned via their smartphones.

Lyft wants half of its rides to be shared by 2020, up from about 35% now, an effort it says will reduce congestion and carbon emissions. To get there, the company has redesigned its rider app with shared rides in mind.

Amazon wasn’t responsible for an exploding hoverboard it sold to a family in Tennessee, a federal judge ruled May 30.